DLA Piper advised Tier1 Financial Solutions on investment from Wavecrest and MassMutual Ventures
On January 4, 2022, Tier1 Financial Solutions ("Tier1") announced it had closed its Series B financing from a group of investors led by Wavecrest Growth Partners and MassMutual Ventures. DLA Piper acted as legal advisor to Tier1 on this transaction.
Tier1 is a Toronto-based company providing CRM software, KYC and AML compliance, and fraud prevention solutions to serve the needs of capital markets, investment banking and corporate professionals. This latest investment in the company will help drive the next generation of connectivity between compliance workflows and the customer experience – enabling Tier1 clients to create integrated, end-to-end journeys efficiently, cost-effectively and reliably for their customers.
Read more about this transaction here.In addition to Ted Maduri, the Canadian deal team representing Tier1 included Maneesha Dahka and Joanne Pierucci. In the past year, DLA Piper has acted for Tier1 on a number of key transactions in its continued growth, including its acquisition of Satuit Technologies and acquisition of Alessa.