Northwire Canada EditionWednesday, July 29, 2026
Northwire
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M&A / Property

Information Services puts itself on the block

ISC · Price

Executive Summary

  • Information Services Corp. (ISC) announced that its board of directors is undertaking a strategic review of alternatives to maximize shareholder value.
  • The review is led by a special committee of independent directors and considers a wide range of outcomes, including asset divestments, acquisitions, transformative business combinations, or a sale of the company.
  • ISC has engaged RBC Capital Markets as financial adviser and Stikeman Elliott as legal adviser for the process.

Key Details

  • Strategic Review Scope: The board is evaluating options to maximize value, specifically considering asset divestments, acquisitions, transformative business combinations, or a full sale of the company.
  • Governance: A special committee of elected independent directors has been established to oversee the analysis and evaluation of the business strategy and optimization opportunities.
  • Shareholder Considerations: Crown Investments Corp. of Saskatchewan (CIC), ISC's largest shareholder, is expected to consider any outcome subject to provisions protecting the province's best interests and Saskatchewan jobs.
  • Advisers: RBC Capital Markets has been engaged as the financial adviser, and Stikeman Elliott has been engaged as the legal adviser.
  • Context: The review follows recent milestones, including the extension of a master service agreement in 2023 and an accretive growth strategy announced in 2024.
  • Process: The company describes the review as a "prudent step" to ensure fair value is recognized, with a commitment to transparent communication of material developments when appropriate.
  • Disclaimer: There is no assurance that the review will result in a transaction, nor assurance regarding the terms, timing, or completion of any potential transaction.

Notable Quotes

  • "ISC's board and management team are committed to continuing to explore opportunities to maximize value for all shareholders... undertaking a thorough review of strategic alternatives through the special committee and with the support of the government of Saskatchewan is a prudent step to ensure that ISC's fair value is appropriately recognized." — Joel Teal, Board Chair
Read the original news release →

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