DLA Piper Advises HOIST on Investment from WestView Capital Partners.

DLA Piper has advised Hoist Global Tech Solutions (HOIST), a prominent systems integrator and services provider specializing in IFS enterprise software, on securing a significant growth investment from WestView Capital Partners.

WestView, a Boston-based private equity firm, focuses exclusively on partnering with middle-market growth companies.

The deal, led by DLA Piper Canada with support from the firm’s international offices, marks a major milestone for HOIST as it looks to accelerate its global expansion.

HOIST is known for its deep expertise in implementing and supporting the full suite of IFS’s industry-focused enterprise software and industrial AI solutions. The company, founded by a team of seasoned IFS professionals, employs more than 200 people worldwide.

Over the years, HOIST has become one of the largest independent partners dedicated to IFS services.

“DLA Piper Canada is proud to have advised HOIST in securing this transformational transaction. We look forward to continuing to advise HOIST as it expands its capabilities and global reach in the enterprise software market.” said Robert Fonn, a partner at the firm’s Toronto office.

HOIST’s leadership also welcomed the partnership. “WestView’s investment is a strong testament to our continued commitment to our customers, our team members, and our strong belief in IFS’s capabilities and vision. We are excited to have WestView’s support as we continue to deliver high quality services and business value to our customers alongside IFS.” said Nick Mezher, Co-Founder and CEO of HOIST.

“HOIST’s deep IFS technical expertise and customer-centric approach, combined with the passionate leadership of Nick, Dale, and Chief Revenue Officer, Patrick Zirnhelt, position the Company well to continue its impressive growth trajectory.” said Matt Carroll, Managing Partner at WestView.

Jeff Klofas, Vice President at WestView, added that the deal builds on the firm’s long history of investing in founder-led, software ecosystem-focused services companies.

IFS itself has welcomed the news. Mark Moffat, CEO of IFS, highlighted the strategic importance of the partnership.

“With over EUR 1 billion in ARR delivered last year and 350 new customers onboard, we are seeing significant demand for IFS software from the world’s largest industrial companies. WestView’s endorsement represents not only an investment in Hoist’s expansion plan, but also validation of IFS’s technology innovation and vision of becoming the undisputed category leaders in Industrial AI software. We look forward to the continued success of our partnership.”

WestView was represented by Latham & Watkins LLP and Stikeman Elliott LLP. martinwolf acted as HOIST’s exclusive financial advisor, while DLA Piper (Canada) LLP served as HOIST’s legal counsel.

The DLA Piper Canada team was led by Robert Fonn and included Kevin Fritz (Tax), Jamie Mandell, Mackenzie Jordan, Elexa Clement, Sophie Gadbois (Corporate), Matt Demeo (Employment), and Dave Spratley (IPT). The Canadian team was supported by DLA Piper colleagues across the US, UK, Netherlands, Belgium, Australia, Brazil, and Dubai.

WestView Capital Partners is a Boston-based private equity firm founded in 2004. It focuses on partnering with founder-led, growth-oriented companies. WestView has raised five funds totaling $2.7 billion and invested in over 50 businesses. The firm offers flexible ownership structures and specializes in growth capital, recapitalizations, and buyouts, emphasizing long-term partnerships with entrepreneurs.

DLA Piper is a global law firm with a strong reputation for providing legal services across a broad spectrum of industries and sectors. With offices in more than 40 countries, the firm offers comprehensive legal solutions in areas such as corporate law, litigation, intellectual property, real estate, and regulatory matters. DLA Piper serves a diverse range of clients, including multinational corporations, governments, and individuals, delivering innovative and strategic advice. The firm is known for its collaborative approach, providing tailored legal expertise to address complex, cross-border issues while maintaining a commitment to exceptional client service.

DLA Piper Advises HOIST on Investment from WestView Capital Partners

DLA Piper Advises HOIST on Investment from WestView Capital Partners.

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