Industrial and Financial Systems AB acquires Copperleaf Technologies

In August 2024, Industrial & Financial Systems AB (IFS), a provider of cloud and industrial AI software, completed its $1 billion acquisition of Copperleaf Technologies Inc., a provider of enterprise decision analytics software to companies managing critical infrastructure.

The aim of this acquisition was to enhance IFS' capabilities as a global leader in enterprise application software for asset and service-centric industries by integrating Copperleaf’s advanced software solutions.

Davies Ward Phillips & Vineberg LLP represented IFS with a team that included Robin Upshall, Zain Rizvi, Joseph DiPonio, Hafsah Qureshi (Public M&A); Michael Kandev and Taj Kudhail (Tax); Max Jarvie and Sumeet Dang (IP/Privacy); Hélène Bussières and Mark-Anthony Nakis (Employment); and Elisa Kearney (Competition).

White & Case LLP was international counsel to IFS.

Following firms were regulatory counsel to IFS: Simpson Thacher Bartlett LLP (UK); Vinge (international); and Johnson Winter Slattery (Australia)

Fasken Martineau DuMoulin LLP advised Copperleaf. Farris LLP advised certain significant shareholders of Copperleaf.
 

Lawyer(s)

Robin Upshall Zain Rizvi Joseph DiPonio Taj Kudhail Sumeet Dang Hélène Bussières

Firm(s)

Davies Ward Phillips & Vineberg LLP White & Case LLP Vinge Fasken Martineau DuMoulin LLP