Date closed: 10/30/2020
Value: Undisclosed
On October 30, 2020, IFS completed the acquisition of Clevest Solutions Inc., the leading provider of mobile workforce management and advanced network deployment solutions in the utilities vertical. The acquisition extends IFS's leadership in service management solutions as it intensifies its focus on driving service experience. Clevest is an ideal addition to IFS with its proven utilities domain expertise, market-leading capabilities and impressive international blue-chip client bases.
BLG represented IFS with a team led by Andrew Hennigar that included Alfred Page, Katherine McNeill, Jordan Kay, Kirsten Kjellander, Rob Biggar, Beverly Gilbert, James Fu, Steve Winder, Samantha Stepney, Madeeha Hashmi, Noah Burshtein, Shwan Shaker, Shannon James, Denes Rothschild, Danielle Windt and Paulina Seo.