Date Closed

December 16, 2021

Lead Office

Montréal

On December 17, 2021, MET US Corporation, a subsidiary of Groupe Solotech Inc. ("Solotech"), completed the acquisition of XR Studios, LLC, a full-service agency specializing in extended reality, which is comprised of augmented reality technology for live broadcast and virtual productions.
 
With this acquisition, Solotech’s recently created Media and Entertainment Technology Division will make another significant step towards realizing its vision of developing new technological solutions that are at the crossroads of three realities: fans and artists, content producers, and online gamers.
 
Solotech is a world leader in audiovisual and entertainment technology with 15 strategic locations in Canada, the United States and in the United Kingdom.

McCarthy Tétrault advised Solotech with a team led by  Eric Gosselin that included Robert Anton, Vincent Laurin Karl Bherer, Mélanie Leblanc, Elena Scardera and Benjamin Rivard (Corporate and M&A) and Oana Chivaran (Financial Services).