Plenary Americas to acquire Information Services Corporation, supporting long-term growth and expansion

Plenary Americas LP (“Plenary”), a leading long-term investor, developer and manager of public infrastructure, today announced that it has entered into an agreement to acquire Information Services Corporation (“ISC”), a leader in registry and information management services.

The proposed acquisition will bring together Plenary’s infrastructure investment and management expertise with ISC’s industry-leading registry operations, services and technology platform, positioning the combined organization for accelerated growth across Canada and the United States.

Strategic Partnership to Drive Growth

Plenary intends to leverage its extensive experience securing and delivering complex infrastructure and government service partnerships in support of ISC’s long-term strategy. With a track record spanning decades and a portfolio of large-scale essential infrastructure projects, Plenary will provide further access to capital, relationships and operational expertise to enhance ISC’s growth trajectory.

As part of the transaction, Plenary will partner with La Caisse (Caisse de dépôt et placement du Québec), a global institutional investor, to provide long-term capital and support ISC’s expansion, invest in innovation and pursue new opportunities across North America.

Under Plenary’s ownership, ISC is expected to serve as a strategic platform for expanding registry and regulatory-related services in existing and new jurisdictions while continuing to deliver market-leading performance in its core operations.

“We see a strong alignment between Plenary Americas’ long-term approach to developing and investing in essential infrastructure and ISC’s proven capabilities in delivering critical public registry services and technology as well as complementary services to banks, law firms, and other financial and legal customers,” said Brian Budden, President & CEO of Plenary Americas. “We look forward to working with the ISC team on growth strategies while preserving the company’s legacy and role as a trusted service provider.”

“This investment reflects our approach of backing experienced operators like Plenary to support the expansion of operations and invest in the innovation of essential public services. It demonstrates how long-term capital can contribute to reliable services for citizens while generating sustainable returns for our depositors,” said Emmanuel Jaclot, Executive Vice-President and Head of Infrastructure and Sustainability at La Caisse.

Commitment to Saskatchewan and ISC’s Legacy

Plenary has emphasized its commitment to maintaining ISC’s headquarters and key intellectual property in Saskatchewan, and to preserving ISC strong corporate identity, all while expanding the brand across Canada and other markets.  The Province of Saskatchewan, through its Crown Investments Corporation of Saskatchewan, will maintain a Golden Share in ISC with continued board representation.

The company intends to retain ISC’s existing management and employees and continue delivering high-quality services to the Government of Saskatchewan and other clients.  In addition, ISC’s management team will retain an equity interest in the new private company, ensuring continued alignment with the company’s long-term growth and performance.

Transaction Information

The transaction will proceed by way of court-approved Plan of Arrangement pursuant to Section 14-24 of the Saskatchewan Business Corporations Act, and is subject to customary closing conditions, including shareholder and regulatory approvals, with closing anticipated in the third quarter. 

About Information Services Corporation (ISC)

Headquartered in Regina, Saskatchewan, ISC is a leading provider of registry and information management services for public data and records.

The company operates across three core business segments:

• Registry Operations: delivering end-to-end registry and information services for governments and organizations.
• Services: providing data-driven and corporate legal solutions and collateral management services.
• Technology Solutions: offering registry software platforms and digital modernization capabilities.

ISC is the exclusive provider of key registry services for the Province of Saskatchewan, including land titles, personal property and corporate registries, under a long-term agreement.

With decades of experience, proprietary technology and deep relationships with government clients, ISC has built a strong reputation for managing and safeguarding critical public records while enabling efficient, secure access to information.

For more information, please see the ISC news release here.

Media Contacts:

ISC

Investor Relations
Jonathan Hackshaw
Senior Director, Investor Relations & Capital Markets
Toll Free: 1-855-341-8363 in North America or 1-306-798-1137
investor.relations@isc.ca

Media
Josh Cossitt
External Communications Associate
Toll Free: 1-855-341-8363 in North America or 1-306-798-1137
corp.communications@isc.ca