On April 22, 2025, Hoist Global Tech Solutions (“HOIST”), a global systems integrator with dual headquarters in Ottawa, Ontario, and Boston, Massachusetts, has received a growth investment from WestView Capital Partners, a Boston-based private equity firm focused on middle market growth companies. HOIST, founded in 2019, specializes in the implementation and support of IFS’s enterprise software and industrial AI applications. With over 200 professionals globally, the company is recognized as one of the largest independent IFS-focused service partners, offering multilingual and regionally tailored delivery models. The investment will support HOIST’s continued expansion and its mission to meet rising demand for IFS services across global industrial clients. The company’s leadership includes Co-Founders Nick Mezher (CEO), Dale Germain (COO), and Patrick Zirnhelt (CRO), the latter of whom is based in Canada and brings deep experience in enterprise solutions across the country. The announcement also highlights IFS’s global momentum, having achieved EUR 1 billion in annual recurring revenue and 350 new customers in the prior year.

Legal counsel for WestView was provided by U.S.-based Latham & Watkins LLP and Canadian firm Stikeman Elliott LLP, reinforcing the deal’s cross-border structure. HOIST was advised by DLA Piper (Canada) LLP and martinwolf acted as its exclusive financial advisor. Transaction value was not disclosed.