On May 4, 2018, Frontier Capital completed the acquisition of Agreement Express Inc. and its subsidiary corporations (AEX) through a plan of arrangement. The investment was made through Frontier Capital’s US$700 million Frontier Fund V.
AEX is a Vancouver, BC-based provider of a software-as-a-service based end-to-end digital onboarding platform focused on enhancing the client experience for wealth management, payments, and insurance providers. The platform also allows financial institutions to design and execute automated onboarding experiences across their product offerings and channels while providing analytics that enable proactive and personalized client advice.
Blake, Cassels & Graydon LLP acted for Frontier Capital, with a team that included David Kruse, John-Paul Bogden, Andrew Thompson and Austin White (corporate), Jeffrey Trossman and Casey Richardson-Scott (tax), Holly Reid and Jordan Schubert (employment), Lindsay McLeod (pensions and benefits) and Patrick Gordon (real estate).
Womble Bond Dickinson (US) LLP acted for Frontier Capital on US legal matters, with a team that included Scott Anderson and Alysja Carlisle.
Womble Bond Dickinson (UK) LLP acted for Frontier Capital on UK legal matters, with a team that included Leon Miller and Arturas Jakubovskis.
Fasken Martineau DuMoulin LLP acted for AEX with a team that included Iain Mant, Martin Ferreira Pinho and Gosia Piasecka (corporate), Mike Coburn (tax), Tracey Cohen (litigation) and Karam Bayrakal (IP).