VerticalScope appoints Philip Evershed to its Board of Directors alongside Rob Laidlaw as Board Chair and Wayne Bigby as Lead Independent Director

– CANADA, Toronto –  VerticalScope Holdings Inc. (TSX: FORA) today announced the appointment of Philip Evershed to its Board of Directors, replacing Paul Rivett as NordStar Capital’s nominee, while Rob Laidlaw has been appointed as Chair of the Board and Wayne Bigby as Lead Independent Director.

“I am excited to take on the role of Chair and look forward to working with NordStar’s new nominee, Mr. Evershed, and the rest of the Board towards realizing the company’s full potential. We will also continue to evaluate prospective candidates to replace Ms. Glogovac,” said Chair, Rob Laidlaw.

About Philip Evershed

Philip Evershed is a Managing Partner at PointNorth Capital, an advisory and investment management company focused on non-bank credit opportunities. Mr. Evershed was formerly the Co-Head of Investment Banking and Head of Mergers and Acquisitions at CIBC World Markets and a co-founder and Global Head of Investment Banking at Canaccord Genuity.

Mr. Evershed received an M.A. (Economics) from the University of Toronto in 1985 and an Honours B.A. (School of Business and Economics) from Wilfrid Laurier University in 1983.

About VerticalScope

Founded in 1999 and headquartered in Toronto, Ontario, VerticalScope is a technology company that has built and operates a cloud-based digital platform for online enthusiast communities in high-consumer spending categories. VerticalScope’s mission is to enable people with common interests to connect, explore their passions, and share knowledge about the things they love. Through targeted acquisitions and development, VerticalScope has built a portfolio of over 1,200 online communities and over 110 million monthly active users.

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