On July 9, 2024, CloudMD Software & Services Inc., an innovative health services company transforming the delivery of care, and CPS Capital, a middle market private equity firm, completed a go-private transaction pursuant to which CPS Capital, through an affiliate, acquired all of the outstanding common shares of CloudMD.
Pursuant to the transaction, CloudMD shareholders are entitled to receive a cash payment of $0.04 per share. The shares are expected to be delisted from the TSX Venture Exchange after the end of trading on July 10, 2024.
Cassels represented with CloudMD.