Teranet Holdings LP
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Summary
Teranet Holdings LP (Teranet or the Company), a subsidiary of the Ontario Municipal Employees Retirement System pension plan, is the 100% equity owner of Teranet Inc., which is a leading provider of e-service applications to the land, legal and financial services industries. The Company has exclusive rights to manage Ontario's electronic land registry system through its proprietary software, Teraview, and to operate the provincial Writs of Execution database. Teranet also owns 99.995% of the equity of Teranet Manitoba LP (Teranet Manitoba), which holds an exclusive concession to own and operate the business and operations of The Property Registry. Under the terms of the agreement, Teranet Manitoba will manage Manitoba's real property and personal property registration system.