On September 3, 2026, Hut 8 (Nasdaq; TSX), based in Miami, announced the sale of its Canadian managed cloud business to private equity firm Crest Rock Partners via its affiliate, Opti9 Technologies. The deal was a complex carve-out transaction, while maintaining Hut 8’s data centre and colocation businesses in Canada.
Osler, Hoskin & Harcourt LLP advised Hut 8 with a team consisting of (Ricco) A.S. Bhasin, Alexandra Alacchi, Diana Windrim and Jameel Manji (Corporate); Sam Ip and Zain Hemani (Technology); Damian Rigolo (Employment and Labour); Jonathan Marin and Lauren Graham (Pensions and Benefits); and Sean Timlick (Tax).
Key Contact
Partner, Corporate, Toronto
Team
Associate, Corporate, Toronto
Associate, Corporate, Toronto
Associate, Corporate, Toronto
Partner, Technology, Toronto
Associate, Technology, Toronto
Partner, Employment and Labour, Toronto
Partner, Pensions and Benefits, Toronto
Associate, Pensions and Benefits, Toronto
Associate, Tax, Toronto