Emerging and High Growth Companies

Hootsuite in its $60 million acquisition of Heyday

Hootsuite
Key Contact
Chad Bayne

Partner, Emerging and High Growth Companies, Toronto

Team
Jennifer Horton

Associate, Tax, Toronto

Sahil Chopra

Associate, Emerging and High Growth Companies, Toronto

Katelyn Smith

Associate, Privacy and Data Management, Toronto

Dov Begun

Partner, Tax, Toronto

Sven Poysa

Partner, Employment and Labour, Toronto

David Jamieson

Partner, Emerging and High Growth Companies, Toronto

Justin Dharamdial

Partner, Emerging and High Growth Companies, Toronto

 

On August 3, 2021, Hootsuite announced it acquired artificial intelligence chatbot startup Heyday for $60 million. The acquisition allows Hootsuite to tap into social media-based e-commerce.

Hootsuite is a Vancouver-based social media management platform. The system's user interface takes the form of a dashboard, and supports social network integrations for Twitter, Facebook, Instagram, LinkedIn and YouTube.

Heyday is a Montreal-based conversational AI platform that enables brands to deliver personalized customer experiences through 1:1 messaging conversations.

Osler, Hoskin & Harcourt LLP advised Hootsuite with a team consisting of Chad Bayne, David Jamieson, Justin Dharamdial, Chres Lee, Sahil Chopra, Jordana Corber-Tovel (Emerging and High Growth Companies), Sven Poysa, Noemi Blasutta (Employment & Labour), Dov Begun, Jennifer Horton (Tax) and Katelyn Smith (Privacy and Data Management).

Value
$60 million
Date Closed
August 3, 2021
Lead Office
Toronto
Key Contact
Chad Bayne

Partner, Emerging and High Growth Companies, Toronto

Team
Jennifer Horton

Associate, Tax, Toronto

Sahil Chopra

Associate, Emerging and High Growth Companies, Toronto

Katelyn Smith

Associate, Privacy and Data Management, Toronto

Dov Begun

Partner, Tax, Toronto

Sven Poysa

Partner, Employment and Labour, Toronto

David Jamieson

Partner, Emerging and High Growth Companies, Toronto

Justin Dharamdial

Partner, Emerging and High Growth Companies, Toronto