Moneris Solutions Corporation’s Acquisition of UEAT Technologies Inc.

Torys LLP acted for Moneris in the acquisition of UEAT Technologies Inc., assisted by BCF Avocats d’affaires.

Moneris Solutions Corporation, a Canadian leader in unified commerce, has completed the acquisition of UEAT, a provider of innovative online ordering solutions for restaurateurs. 

 The relationship originally started as a partnership where Moneris was the preferred payment processor for UEAT’s customers in Canadaproviding a unified commerce solution. 

UEAT will become a subsidiary of Moneris. The company will continue to operate with no changes to their structure, culture or management.

Based in Canada, UEAT creates innovative online ordering solutions to help restaurant chains and independents across North America increase the overall lifetime value of their customers as well as their profit margins thanks to a range of online ordering and payment solutions based on artificial intelligence that personalizes each customer experience.

Moneris is Canada’s largest provider of innovative, unified solutions for mobile, online and in-store payments, processing more than one in three transactions. Serving businesses of every size and industry, Moneris offers hardware, software and solutions to help transform the way businesses grow and operate, in payments and beyond.

The BCF team assisting the shareholder of UEAT consisted of Audrey St-Pierre (Picture), Pierre Allard, André Lepage, Guy Plante, Mehrez Houacine, Alex Harvey, Molie DeBlois Drouin, Émilie Barbeau-Duchesneau, Laurence Lavertu and Chantal Laboissonnière.

The Torys team included Konata Lake, Guillaume Lavoie, Cristelle Sary, Marko Trivun and Ana Ioanas (corporate/M&A), Christophe Cinqmars-Viau (employment), Ed Fan (IP), Molly Reynolds (privacy), Andrew Silverman and Benjamin Mann (tax).

Involved fees earner: Pierre Allard – BCF Avocats d’affaires; Alex Harvey – BCF Avocats d’affaires; Mehrez Houacine – BCF Avocats d’affaires; André Lepage – BCF Avocats d’affaires; Guy Plante – BCF Avocats d’affaires; Audrey St-Pierre – BCF Avocats d’affaires; Christophe Cinqmars-Viau – Torys LLP; Edward Fan – Torys LLP; Ana Ioanas – Torys LLP; Konata Lake – Torys LLP; Guillaume Lavoie – Torys LLP; Benjamin Mann – Torys LLP; Molly Reynolds – Torys LLP; Cristelle Sary – Torys LLP; Andrew Silverman – Torys LLP; Marko Trivun – Torys LLP;

Law Firms: BCF Avocats d’affaires; Torys LLP;

Clients: Moneris Solutions Corporation; UEAT Technologies Inc.;

Sonia Carcano

Author: Sonia Carcano