Hyatt Brothers Purchase Control of DataStealth Inc.
On October 13, 2023, control of Toronto-based cybersecurity
firm DataStealth Inc. was acquired by Canadian tech entrepreneurs, Michael and
Richard Hyatt.
As part of the transaction, DataStealth retained its senior management
team, including co-founders Ed Leavens and Marc Carrafiello, each of whom continues
to hold a significant stake in the company. DataStealth aims to help large organizations
discover, classify and protect sensitive data and documents using its patented
technology.
Media coverage of this transaction can be found here.
Aird & Berlis acted for DataStealth with a team comprising Thomas A. Fenton, Saam Nainifard, Russell Sanders, Megan Lambert, Stan Fedun and Carolyn Rygiel.
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Tom’s experience affords him the ability to efficiently navigate a corporate finance transaction from concept to closing.
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Saam advises domestic and offshore clients on all aspects of income taxation.
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Russell is a corporate lawyer who enjoys connecting with clients to build long-lasting relationships.
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Megan’s approach to tax and estate planning is practical and thoughtful.
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Stan helps clients navigate the complexities of tax.
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Carolyn Elliott is a law clerk in the firm's Tax Group.
