Venture-backed Nest Wealth acquires Razor Logic Systems
Toronto-based online wealth platform Nest Wealth has acquired Razor Logic Systems, a St. Albert, Alberta-based provider of financial planning software. No financial terms were disclosed. Founded in 2011 by CEO Dave Faulkner, Razor is the maker of financial planning solution RazorPlan. Nest Wealth said the acquisition will add financial planning capabilities to its business-to-business digital wealth management offering. Founded in 2014 by CEO Randy Cass, Nest Wealth has secured financing from National Bank of Canada, which made a $6 million minority investment in 2017, and Metroland Media Group Ltd.
15 May 2019•4 mins read
