On November 30, 2021, Spire Global (NYSE: SPIR) completed its proposed acquisition of exactEarth (TSX:XCT) for $204.2 million in cash and stock. Under the transaction, exactEarth will become a subsidiary of Spire Global and will create a global leader in the space-based maritime data and analytics industry. The combined company aims to bring together real-time and historical space-based maritime data and drive digitalization to provide improved fleet visibility, cost savings and a reduced environmental footprint.
Spire Global is a global provider of space-based data, analytics and space services focused on offering datasets and insights about the Earth to organizations around the world.
exactEarth is an Ontario-based provider of maritime vessel data specializing in ship tracking and maritime situational awareness solutions.
Osler, Hoskin & Harcourt LLP advised Spire Global with a team led by Alex Gorka consisting of Kevin Feng, Emery White (Corporate), Kaeleigh Kuzma, Danielle Chu (Foreign Investment), David Davachi, Taylor Cao (Taxation), Shaun Parker, Adam Rempel (Employment & Labour), Kristin Ali, Maryna Polataiko (Privacy & Data Management), Ryan Nielsen, Matthew Ritchie (Real Estate), Andrea Boctor (Pensions & Benefits), Kelly Moffatt, Sydney Young (Intellectual Property) and Sam Ip (Technology).
Key Contact
Partner, Corporate, Toronto
Team
Associate, Corporate, Toronto
Associate, Corporate, Toronto
Partner, Competition/Antitrust and Foreign Investment, Calgary
Associate, Competition, Trade and Foreign Investment, Toronto
Partner, Tax, Toronto
Associate, Tax, Toronto
Partner, Employment and Labour, Calgary
Associate, Employment and Labour, Calgary
Associate, Privacy and Data Management, Toronto
Partner, Real Estate, Toronto
Partner, Real Estate, Toronto
Partner, Pensions and Benefits, Toronto
Partner, Commercial, Toronto
Associate, Intellectual Property, Toronto
Partner, Technology, Toronto
