Langlois assists Sesami Cash Management Technologies in transactions nearing C$900 million

Sesami Cash Management Technologies (Sesami), a new company with operations in over 20 countries, has completed the acquisition of Tidel, a leading US cash management automation company based in Dallas, and the signing of a definitive agreement to purchase the cash management division of Swedish group Gunnobo, for a combined consideration of approximately C$900 million.

With C$1.3 billion in revenue, Sesami is a sophisticated, open and integrated business intelligence platform that provides customizable services including a software suite, smart devices and outsourced services for the entire cash management ecosystem and business automation.

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With over 40 professionals, including 26 lawyers specializing in capital markets, mergers and acquisitions, real estate, and taxation, the Langlois Business Law team is well positioned to meet the legal needs of companies of all sizes and oversee all type of transactions.

 

About Langlois
Langlois Lawyers, a leading Québec law firm, has more than 150 professionals practicing in Greater Montréal and Québec City. With an overall team now nearly 300-strong, we are proud to offer our clients a full range of highly regarded legal services in civil and commercial litigation, business law, and labour and employment law. A recognized leader, the firm received numerous awards in 2020, including Regional Law Firm of the Year in Canada by Chambers and Partners and the top rank in Canadian Lawyer’s Top 10 survey of law firms in Québec.

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