M3 Group acquires majority interest in Pinch Financial
June 1, 2021
On June 1, 2021, the shareholders of Pinch Financial Incorporated sold a majority interest of Pinch to the M3 Group, Canada’s largest non-bank mortgage originator. Founded in 2017, Pinch is a leading Canadian fintech company that provides a digital mortgage platform that allows both real estate and mortgage brokers to automate and accelerate the borrower qualification process.
McCarthy Tétrault LLP advised the shareholders of Pinch with a team led by Hartley Lefton (Fintech, M&A) that included Shauvik Shah and Etienne Ravilet Guzman (Corporate and M&A), Justine Lindner (Employment), Aron Nimani and Michael Scherman (Technology), Marissa Caldwell (Intellectual Property), Shane D’Souza (Litigation) and Fred Purkey (Tax).