You can edit almost every page by Creating an account. Otherwise, see the FAQ.

Firmex

From EverybodyWiki Bios & Wiki

Firmex
Private
ISIN🆔
IndustryVirtual data room
Founded 📆2006; 18 years ago (2006)
Founder 👔
Headquarters 🏙️,
Area served 🗺️
Members
Number of employees
🌐 Websitefirmex.com
📇 Address
📞 telephone

Firmex is a cloud-based Virtual data room service provider headquartered in Toronto, Ontario, Canada.[1]

Virtual data rooms facilitate secure document sharing across corporate firewalls. They are used for highly confidential or complex transactions seen with M&A, Corporate Finance, and Procurement,[2] as well as Regulatory compliance and Governance processes.[3]

History[edit]

In 2004, Davies Ward Phillips & Vineberg, a Toronto-based international business law firm, contracted Version 5.1 to develop the Davies Deal Room, online virtual data room software designed to facilitate legal transactions and M&A transactions. This project[4] was commercialized by Version 5.1 in 2006 as Firmex Inc.[5]

From 2007 to 2008, Firmex raised a total of $4.4 million from angel investors.[6] By the end of 2009, the company had licensed 500 customers running over 2,500 transactions a year.[7]

In 2014, Firmex was named No. 13 in the Deloitte Technology Fast 50.[8]

In 2016, Novacap, a Montreal-based Private Equity Fund, acquired a majority interest in Firmex.[9] Firmex's customers started over 12000 virtual data rooms.

In 2018, Firmex expanded its European operations, opening an office in London, England.[10]

In 2019, VERTU Capital, a Toronto-based Private Equity Fund, BDC Capital and Firmex management acquired Firmex.[11]

References[edit]

  1. A virtual smoke-filled room | The Globe & Mail
  2. "Renewable Energy Industry Adopts Firmex for EPC". Archived from the original on 2015-02-14. Retrieved 2012-01-24. Unknown parameter |url-status= ignored (help)
  3. Firmex Inc. Recognizes Need to Share Information Beyond the Office Firewall
  4. Davies Receives Award for Client Service Technology
  5. Firmex
  6. Klass Capital
  7. Legal Technology Companies & Services
  8. http://www2.deloitte.com/content/dam/Deloitte/ca/Documents/technology-media-telecommunications/ca-en-tmt-technology-fast-50-winners-2014.pdf[bare URL PDF]
  9. "NOVACAP Invests in Firmex to Accelerate Growth". www.novacap.ca. Retrieved 2020-04-23.
  10. Firmex (2018-01-10). "Firmex Opens New EMEA Headquarters in London, UK". Firmex Resources. Retrieved 2020-04-23.
  11. Dorbian, Iris (2019-02-05). "VERTU and BDC to acquire Firmex from Novacap". PE Hub. Retrieved 2020-04-23.

External links[edit]


This article "Firmex" is from Wikipedia. The list of its authors can be seen in its historical and/or the page Edithistory:Firmex. Articles copied from Draft Namespace on Wikipedia could be seen on the Draft Namespace of Wikipedia and not main one.