OSF Global Services Inc. receives US$23M equity investment from affiliates of Delta-v Capital, LLC

Date Closed

April 18, 2019

Lead Office

Québec City

Value

23.00 Million USD

On April 18, OSF Global Services Inc. ("OSF") announced the closing of its US$23 million equity investment round led by affiliates of Delta-v Capital, LLC (“Delta-v”) with participation from Salesforce Ventures.

OSF is an independent Canadian Salesforce Platinum consulting partner with global multi-cloud and B2B commerce capabilities. Delta-v's interest  in OSF comes due to its strong leadership, high customer satisfaction rates, digital commerce innovations, and prominent position within the Salesforce Clouds ecosystem. The investment is expected to further OSF's Salesforce expertise and continue to drive customer-focused innovation.

Delta-v is a US-based venture capital and private equity firm investing in special situations, later stage, growth equity, recapitalizations, and secondary direct investments.

Salesforce, headquartered in San Francisco, California, is the fastest growing top five enterprise software company and the number 1 CRM provider globally. Salesforce Ventures, the company’s corporate investment group, invests in the next generation of enterprise technology that extends the power of the Salesforce Customer Success Platform, helping companies connect with their customers in entirely new ways.

McCarthy Tétrault LLP advised OSF Global Services Inc. with a team led by Philippe Leclerc that included Jacob Stone and Alexandre Saulnier-Marceau (Business), and Véronique Wattiez-Larose (Intellectual Property).

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