DLA Piper (Canada) LLP advised underwriters in Converge Technology public offering

On August 7, 2020 Converge Technology Solutions Corp. (TSXV: CTS) (FSE: 0ZB) (OTCQX: CTSDF) announced the closing of the exercise of the underwriters’ over-allotment option in connection with a $21.1 million “bought deal” public offering. DLA Piper Canada acted as legal advisors to Canaccord Genuity Corp. and Desjardins Capital Markets, who led the syndicate of underwriters for the Offering, which included Echelon Wealth Partners Inc., Eight Capital, Paradigm Capital Inc. and Raymond James Ltd.

Converge is a North American Hybrid IT Solution Provider focused on delivering industry leading solutions and services. Converge's regional sales and services organizations deliver advanced analytics, cloud, cybersecurity, and managed services offerings to clients across various industries.

You may read the full press release here.

The DLA Piper Canada deal team in this transaction was led by Partners Robert Fonn and Derek Sigel and ‎included Catherine Kay, Mitchell Smith, Lauren Storwick and Kevin Fritz (Tax)‎.