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Iceberg Finance acquires iFinance Canada

Date Closed

April 6, 2022

Lead Office

Québec City

On April 6, 2022, Iceberg Finance Inc. acquired all shares that are in circulation or have been issued by iFinance Canada. With the conclusion of this major transaction, Iceberg Finance Inc. becomes one of the top ten players in Canada's specialty financial services industry.

Iceberg Finance Inc. is a FinTech company offering alternative financing solutions in the automotive, insurance products, extended warranties and personal loans sectors. Iceberg Finance Inc. is distinguished by its innovative financing programs, its state-of-the-art loan platform and its professional customer service.

McCarthy Tétrault assisted the shareholders of  Iceberg Finance Inc. with a team led by Philippe Leclerc that included Valerie Trudeau, Mireille Trottier, Francois Dupuis, Daanish Pasricha and Marie-Josee Nadeau (Business) and Ana Badour (Financial Services).