Lawyer Profile Detail
George S. Takach
AREA OF EXPERTISE
University of Toronto
George S. Takach is a senior partner in the firm’s Toronto office. George brings significant value to clients in their tech company M&A/financing deals, their sophisticated tech licensing, IT procurement and other tech commercial transactions, and their more challenging e-commerce activities, including projects involving cloud computing, big data and social media.
McCarthy Tétrault is Canada’s pre-eminent firm for technology law. Since its inception in 1997, the Canadian Legal Lexpert Directory has found McCarthy Tétrault to have the strongest computer and information technology law practice in Canada. In the 2015 edition of Chambers Global, McCarthy Tétrault is listed in Band 1 for Information Technology.
George’s deep experience in tech M&A/financing allows his clients to get deals done more quickly and cost effectively. Past deals where he has brought his value-added skill set to clients include:
- IPO and multiple acquisition transactions for Constellation Software Inc.;
- multiple acquisition transactions for Aastra Technologies Inc., including purchase of Telepo, and purchases from Ericsson, Nortel, EADS, DeTeWe and Ascom; merger transaction between Aastra and Mitel;
- multiple sale transactions acting for private Canadian technology companies being sold to multi-national public tech companies, including: Intelliresponse Systems, Inc. to 24-7 Customer, Inc., Optical Systems Group, Inc. to Ocuco Ltd.; CPAS Systems to Xerox; Kobo Inc. to Rakuten Inc.; Kanetix Ltd. to Monitor Clipper Partners; Opalis Software to Microsoft; Cybermation Inc. to CA Inc.; Chantry Networks to Siemens; InSystems to Standard Register; and Jewelstone Systems to AGF;
- multiple acquisition transactions acting for Canadian, American and European acquirers of Canadian or other technology companies, including: Euronet Worldwide Inc. acquiring XE Corporation; Hitachi acquiring Ideaca; Ocuco acquiring Acumenex (optical business); acquisition by Kobo of Aquafades; Rockwell Automation acquiring Rutter Hinz; Exact Software acquiring Longview Solutions;
- venture and related-type financings of earlier stage Canadian tech companies, including League, Inc. (OMERS Ventures; Real Ventures); Kobo Inc., Fresco Microchip (Celtic House, Ventures West); CPAS Systems (Tier Technologies); Cube Route (CIBC);
- a range of other M&A/financing transactions involving technology companies and tech-related assets, including the sale by Scotiabank of its fixed income indices business to TSX Group.
In the area of sophisticated tech licensing, IT procurement and other tech commercial deals, George’s creativity and broad experience allows clients to resolve difficult issues more quickly and to get the relationship off on the right foot. In the tech commercial area, George has a national practice with the following illustrative clients whom he has assisted with a broad range of agreements:
- a Montréal-based bank;
- a Calgary-based energy company;
- a Canadian-based, global life sciences company;
- a Toronto-based retailer;
- three Toronto-based banks;
- a Montréal-based communications company;
- a Toronto-based public sector agency; and
- a public sector consortium with members in BC, Alberta, Ontario and Quebec.
George helps clients craft sensible and workable solutions to complex e-commerce-related legal and compliance challenges. He brings a steady and experienced hand to bear on the invariably unprecedented legal issues generated by novel e-commerce business processes. In the e-commerce/Internet law area, his extensive practice includes:
- advising companies on how to create legally compliant online customer experiences, including enforceable "click consent agreements," workable electronic voting processes, etc.;
- advising governments on law reform initiatives aimed at facilitating e-commerce;
- helping organizations comply with privacy and data protection laws; and
- crafting and negotiating co-branding, Web-linking and other e-commerce-related agreements.
George is the author of three books: Computer Law, second edition; The Software Business, second edition; and Contracting for Computers, fourth edition. For 20 years he was an Adjunct Professor at Osgoode Hall Law School, York University, where he taught an evening course in Computer Law. George is in demand as a speaker to legal and technology industry audiences and a regular writer on legal technology topics.
George is listed in the 2015 edition of Chambers Global: The World’s Leading Lawyers for Business, as the only "Eminent Practitioner" in the area of information technology for Canada. Since its inception (and most recently in 2015), George has appeared in the Lexpert/The American Lawyer Guide to the Leading 500 Lawyers in Canada, as a leading lawyer in the areas of technology and corporate mid-market. George is recognized in The Best Lawyers in Canada as a leading lawyer in information technology law and technology law. Since its inception in 1997, he has been listed in the Canadian Legal Lexpert Directory, a guide to the leading law firms and practitioners in Canada, as a leading lawyer in the areas of technology and computer & IT law.
George received his BA and his JD (Dean’s Honour List) from the University of Toronto. He also has his MA in international relations from the Norman Paterson School of International Affairs, Carleton University in Ottawa. He was called to the Ontario bar in 1985. George has been on the Board of, and continues to raise money for, Lake Scugog Camp, an organization serving underprivileged and "at risk" children/youth and their families (a camp that George attended when he was a child).
FIPA Report Calls For Unnecessary Regulation of Auto Sector Privacy: Are Other Sectors of the Economy Next?
Sourcing, Outsourcing and Procurement Contracts
2011 Best Practice — Information Technology Agreements
Social Media Risks
Fighting Spam and Spyware Canadian Style — Part II
Taking Your Company Public — Part V
Information Technology & E-Commerce-Mobile Computing
Fighting Spam and Spyware Canadian Style — Part I
Taking Your Company Public — Part IV
Risks of Cloud Computing — Part II
McCarthy Tétrault Earns Most "Lawyer of the Year" Rankings for 2010 from Best Lawyers in Canada
Five McCarthy Tétrault Partners Listed in International Who’s Who of Internet and E-Commerce Lawyers
More McCarthy Tétrault Lawyers Among the Leading Cross-Border Corporate Lawyers than any other firm
Transactions & Cases
RIA Telecommunications of Canada Inc. and Euronet Worldwide, Inc. acquires XE Corporation
CPAS Systems completes sale to Xerox
Kobo completes US$315 million sale to Rakuten
Kanetix completes sale to Monitor Clipper Partners
Fresco Microchip raises C$9 million Series C Round
Kobo raises C$50 million for international expansion
Microsoft Corporation completes acquisition of Opalis Software
Harris Computer Systems completes C$30 million acquisition of MediSolution's RM Business
National Bank signs C$450 million IT infrastructure services agreement with IBM
Rockwell Automation completes acquisition of Rutter Hinz