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Announced

14 Jan 2020

Completed

4 Jun 2020

KABN North America completed the acquisition of Torino Power Systems.

Synopsis

KABN North America, a Canadian fintech company completed, the acquisition of Torino Power Systems, a digital identity verification, management & monetization company. Financial terms were not disclosed. In connection with the transaction, Torino Power Solutions changed its name to KABN Systems NA.

Principals

target

Torino Power Solutions

bidder

Kabn Systems North America

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Market Context

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Seller Team (2)

j. patrick mesina

Director at TORINO POWER SOLUTIONS INC

Manager

target

Deal

n/a

Total Value

rav mlait

CEO at TORINO POWER SOLUTIONS INC

Manager

target

Deal

n/a

Total Value

Bidder Team (10)

benjamin kessler

CEO at KABN SYSTEMS NORTH AMERICA INC

Manager

bidder

Deal

n/a

Total Value

david lucatch

CEO at KABN SYSTEMS NORTH AMERICA INC

Manager

bidder

Deal

n/a

Total Value

craig mccannell

CFO at KABN SYSTEMS NORTH AMERICA INC

Manager

bidder

Deal

n/a

Total Value

megan braun

Director at Cassels Brock & Blackwell

Lawyer

bidder

Deals

£ 10.72 B

Total Value

alison manzer

Partner at Cassels Brock & Blackwell

Lawyer

bidder

Deals

n/a

Total Value

houssam kawtharani

Director at KABN SYSTEMS NORTH AMERICA INC

Manager

bidder

Deal

n/a

Total Value

greg hogan

Partner at Cassels Brock & Blackwell

Lawyer

bidder

Deals

£ 215 M

Total Value

florence lau

Associate at Cassels Brock & Blackwell

Lawyer

bidder

Deals

£ 417 M

Total Value

eni silva

Trainee at Cassels Brock & Blackwell

Lawyer

bidder

Deals

£ 515 M

Total Value

colleen rusnov

Trainee at Cassels Brock & Blackwell

Lawyer

bidder

Deals

£ 359 M

Total Value

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