Hyperchip, a Montreal-based high technology company, successfully completed a $70 million round of financing, including a $20 million private placement of preferred shares with certain of its current investors and a $50 million loan with Investissement Québec, on December 18, 2001. While not yet a publicly-traded company, since its incorporation in 1997, Hyperchip has raised over $200 million in private financing.
Ogilvy Renault in Montreal and Testa, Hurwitz & Thibeault, LLP in Boston acted for Hyerchip. The Ogilvy Renault team was headed by Clemens Mayr with the assistance of Lindsay Matthews, Eric Stevens and Sébastien Gingras (tax). The Testa, Hurwitz & Thibeault, LLP team included Christopher Stone and James Crane.
Lapointe Rosenstein in Montreal acted for TechnoCap Inc., Hyperchip’s principal shareholder and the lead investor in the private placement. The Lapointe Rosenstein team was headed by Denis Boudreault, with the assistance of Howard Levine, Mark Macenka and William Corcoran. Barry White and Kingsley Taft, with the assistance of Len Schneidman (tax) of Foley, Hoag & Eliot LLP in Boston acted as counsel to the other equity investors, Vertex Technology Fund Ltd., Advent International, Optical Capital Group, JT Ventures Partners LLC, Artémis and Pilgrim Baxter & Associates Ltd.
Ogilvy Renault in Montreal and Testa, Hurwitz & Thibeault, LLP in Boston acted for Hyerchip. The Ogilvy Renault team was headed by Clemens Mayr with the assistance of Lindsay Matthews, Eric Stevens and Sébastien Gingras (tax). The Testa, Hurwitz & Thibeault, LLP team included Christopher Stone and James Crane.
Lapointe Rosenstein in Montreal acted for TechnoCap Inc., Hyperchip’s principal shareholder and the lead investor in the private placement. The Lapointe Rosenstein team was headed by Denis Boudreault, with the assistance of Howard Levine, Mark Macenka and William Corcoran. Barry White and Kingsley Taft, with the assistance of Len Schneidman (tax) of Foley, Hoag & Eliot LLP in Boston acted as counsel to the other equity investors, Vertex Technology Fund Ltd., Advent International, Optical Capital Group, JT Ventures Partners LLC, Artémis and Pilgrim Baxter & Associates Ltd.
