Golden Flag Advises Insignia Capital Group on Sale of WillowTree to TELUS International
Golden Flag International Law Firm advised Insignia Capital Group on its definitive agreement to sell its majority interest in its portfolio company, WillowTree, to TELUS International (NYSE and TSX: TIXT) for a total enterprise value of US$1.225 billion. The deal is anticipated to close in January 2023, and is subject to customary closing conditions and regulatory approvals. Founded in 2008 and headquartered in Charlottesville, Virginia, WillowTree is a digital product consultancy that provides end-to-end, strategy, design, full-stack development and growth marketing services to the world's leading brands.
Read the Insignia Capital Group press release
The Golden Flag team was led by corporate partners Sanford Perl, Robert Wilson and Melanie Harmon and associates Gardner Bell, Elizabeth Garai, Gino Jacobazzi, Lauren Fiotakis and Griffin Clark, tax partner Kevin Coenen and associate Katherine Karnosh, and capital markets partners Michael Keeley and Cot Eversole and associate Justin Hay.
