Date Closed

May 4, 2018

Lead Office

Toronto

Value

600.00 Million USD

On May 4, 2018, Fusion, a leading cloud services provider, announced that it has completed the US$600 million acquisition of the Cloud and Business Services business of Birch Communications Holdings, Inc. The acquisition was completed by way of a merger of a wholly-owned subsidiary of Fusion with and into Birch.

The merger will combine the network infrastructure assets of both Fusion and Birch to create an industry-leading cloud and business services provider in North America, with more than 150,000 business customers and a 100% Internet Protocol-based network, including 30 data centers, 31,000 fiber route-miles of network and metro fiber assets.

Fusion is headquartered in New York and offers a comprehensive suite of cloud solutions to small, medium and large businesses. Fusion's advanced, proprietary cloud service platform enables the integration of leading edge solutions in the cloud, including cloud communications, contact center, cloud connectivity and cloud computing.

McCarthy Tétrault LLP advised Fusion with a team led by Robert Hansen that included Scott Bergen (Business Law), Grant Buchanan (Regulatory), Jonathan Bitran (Competition/Antitrust), Stefanie Morand and Wendy Brousseau (Tax), Ben Aberant (Labour & Employment), Isabel Henkelman (Real Property), and Keith Rose (Technology and IP).