Enghouse Systems Limited recently acquired Espial Group Inc.
Enghouse Systems Limited recently acquired Espial Group Inc. in a transaction whereby Enghouse Systems Limited acquired all issued and outstanding common shares of Espial for $1.57 in cash per common share.
Enghouse Systems Limited is a Canadian-based software and services company whose shares are currently traded on the Toronto Stock Exchange. Enghouse serves several distinct vertical markets through its three divisions – Enghouse Interactive, Enghouse Networks and Enghouse Transportation.
Espial Group Inc. provides an immersive user experience through discovery solutions and advanced cloud-based platforms, by enabling video services at web speed and web scale in order to deliver and monetize video and entertainment services.
LaBarge Weinstein acted as counsel to Espial with a team that included Randy Taylor, Dan Scott, Kyle Lavender and Stephanie Benedict.