Arma Partners is pleased to announce that it has acted as exclusive financial advisor to IFS on its c.C$1 billion ($700 million) acquisition of Copperleaf Technologies Inc. (TSX: CPLF) via a Plan of Arrangement.

Copperleaf is a global provider of AI-powered enterprise Asset Investment Management and Planning software, listed on the Toronto Stock Exchange and headquartered in Vancouver. Founded in 2000, Copperleaf’s customers today collectively manage over $2 trillion of physical and digital assets around the world using Copperleaf solutions, which provide data and insights to support investment decisions. Copperleaf’s customers include some of the world’s largest and most respected organisations in the utilities, energy, pharmaceutical and transportation industries.

IFS is a global category leader and innovator in cloud and AI-powered industrial enterprise software, supporting 6,500+ companies which manufacture and distribute goods, build and maintain assets, and manage service-focused operations.  The acquisition of Copperleaf will create compelling value for the complex, asset-intensive customers served by both companies, providing them with a breadth and depth of software capabilities that is unparalleled in the market. Customers will now have access to the most advanced industrial AI-powered software to manage every element of their assets across the lifecycle, driving efficiency and effectiveness in their operations.

This transaction demonstrates Arma Partners’ expertise in public company transactions, leadership position in enterprise software and ability to forge long-term client relationships, having previously advised IFS and its shareholders, EQT and TA Associates, on the partial sale to Hg in 2022 and TA Associates on their minority investment in IFS in 2020.