Appleby Advises Apex Treasury Corp. in Its USD4 Billion Business Combination with TECfusions Inc.

Published: 30 Jul 2026
Type: Deals

Appleby is representing Apex Treasury Corp. (Apex), as Cayman Islands legal counsel in Apex’s proposed business combination with TECfusions Inc. (TECfusions), a developer and operator of AI-ready data center and power infrastructure. The transaction is based on a US$4 billion pre-money valuation of TECfusions and is supported by a US$35 million PIPE investment.


The Appleby Mergers and Acquisitions team is led by Partner Alexandra Low, Senior Associate Alejandra Gonzalez Saucedo, Paralegal Sophia Cunningham and Articled Clerk Emily McIntyre with other members of the corporate team.

Appleby continues to play a key role in cross-border mergers and acquisitions and public-market matters worldwide.

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