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On August 18, 2025, SOVRA announced that it has acquired Ontopical. Ontopical is a Calgary-based government market intelligence platform designed to help companies win more work with local governments by detecting early signals of new business using AI.
Among other things, this acquisition will set the foundation for SOVRA’s new AI Center of Excellence, which will enhance the development of intelligent features and automation across the SOVRA platform for both suppliers and public-sector buyers.
Osler, Hoskin & Harcourt LLP advised Ontopical with a team consisting of Michael Grantmyre, Jacob Young, JD D’Souza, Emy Ezeani, Sylvia McLean and Sereena Dosanjh (Emerging and High Growth Companies), Dov Begun, Emily Gilmour and Geneviève Beebe (Tax), Heather Maxted and Erika Romanow (Employment and Labour), Adam LaRoche (Privacy), Jonathan Marin (Pensions and Benefits), Sam Ip, Kelly Moffatt and Justin P’ng (Technology), Matthew Kronby (Competition, Trade and Foreign Investment) and Josh Disenhouse (Real Estate).
Parties
Company
SOVRA (formerly mdf commerce)
Company
Ontopical
Deal Type
Merger & AcquisitionIndustry
Tech/Computer/ITTransaction
Undisclosed/ConfidentialDeal Status
ClosedClosing Date
18 August 2025