ISC Acquired by Plenary Americas in $1.2B Deal Closure
Information Services Corporation officially changes hands at CAD$51 per share in a statutory plan of arrangement valued at $1.2 billion.
ISC just got taken off the board. Information Services Corporation (TSX: ISC), the Saskatchewan-based registry and services company, has officially completed its acquisition by Plenary Americas LP through a wholly-owned subsidiary — wrapping up a deal that puts the company's implied enterprise value at roughly $1.2 billion.
If you held Class A Limited Voting Shares, your exit price is CAD$51.00 per share, cash. That's a clean, definitive number with no contingencies attached for most shareholders. The deal moved through Saskatchewan's corporate law framework via a statutory plan of arrangement under The Business Corporations Act, 2021.
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Not everyone cashed out equally, though. Certain senior management members entered into equity rollover agreements, meaning they kept some skin in the game by retaining an interest in ISC rather than pocketing the full cash consideration on their shares. That's a notable signal — insiders who believe in the private structure going forward opted to stay invested.
For ISC shareholders, this is a terminal event — the stock no longer trades as a public vehicle. Plenary Americas, an infrastructure-focused private investment platform, now controls the company outright. If you were watching ISC on the TSX, your position is settled and the ticker is done.
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