Representative Work Representative Work

Royal Bank of Canada in its Additional Tier 1 offering of Limited Recourse Capital Notes

On October 22, 2020 Royal Bank of Canada announced $1.25 billion of NVCC Additional Tier 1 (AT1) Limited Recourse Capital Notes, Series 2. The offering uses the now market standard form of AT1 capital instrument pioneered by Osler. The LRCNs will bear interest at a rate of 4% annually,...

Lead Office: Toronto Date Closed: November 2, 2020 Value: $1.25 billion

DoctorCare in its acquisition by WELL Health

On November 2, 2020, WELL Health Technologies Corp. (“WELL Health”) announced it has entered into and closed a definitive share purchase agreement with the shareholders of DoctorCare. With the acquisition of DoctorCare, WELL Health has formed the WELL Billing and Backoffice...

Lead Office: Toronto Date Closed: November 2, 2020 Value: -

Canvass Analytics in its US$6.5 million financing round

On October 28, 2020, Canvass Analytics announced the completion of its US$6.5 million Series A financing round. The round was led by Yamaha Motor Ventures and included Real Ventures, the Business Development Bank of Canada, Export Development Canada and Viaduct Ventures. The funding will be...

Lead Office: Toronto Date Closed: October 28, 2020 Value: US$6.5 million

Synex Medical in its $5.25 million Seed financing round

On October 27, 2020, Synex Medical announced the closing of a $5.25 million Seed financing round. The financing will be used to develop a non-invasive blood monitoring technology as well as growing the team and expanding into the U.S. Synex Medical was founded by CEO Ben Nashman in...

Lead Office: Toronto Date Closed: October 27, 2020 Value: $5.25 million

Milestone Pharmaceuticals Inc. in its $45 million public offering

On October 27, 2020, Milestone Pharmaceuticals Inc. completed its $45 million public offering. The offering was made through a syndicate of underwriters with Jefferies and Piper Sandler as joint book running managers for the offering and Oppenheimer & Co. as lead manager. Milestone...

Lead Office: Montreal Date Closed: October 27, 2020 Value: $45 million

Achievers in its acquisition of TemboSocial

On October 21, 2020, Achievers completed its acquisition of TemboSocial. The acquisition strengthens Achievers’ solution for employee engagement by adding manager empowerment tools and easy to use surveys, forms, quizzes and polls, in one platform. Achievers is a software firm...

Lead Office: Toronto Date Closed: October 21, 2020 Value: -

Richardson Financial Group in the sale of Richardson GMP to GMP Capital Inc.

On October 20, 2020, GMP Capital (GMP) consolidated its ownership of Richardson GMP Limited (Richardson GMP). Pursuant to a definitive purchase agreement dated August 13, 2020, as amended, between GMP and Richardson Financial Group Limited, GMP acquired all of the shares of Richardson GMP that it...

Lead Office: Toronto Date Closed: October 20, 2020 Value: -

Delphi Energy Corp. in its restructuring transaction under the CCAA

On October 16, 2020, Delphi Energy Corp. completed a corporate restructuring implemented pursuant to a plan of compromise and arrangement under the Companies’ Creditors Arrangement Act and the Canada Business Corporations Act (the Plan). Under the Plan, among other things,...

Lead Office: Calgary Date Closed: October 16, 2020 Value: -

Wealthsimple in its $114 million equity financing

On October 14, 2020, Wealthsimple completed a $114 million equity financing led by TCV, a growth equity investor focused on technology. With the investment, Wealthsimple has achieved the rare, “unicorn” status, meaning the startup has achieved a private valuation of US$1-billion or...

Lead Office: Toronto Date Closed: October 14, 2020 Value: $114 million

Provision Analytics in its acquisition of Crop Boss farm management software from Platinum Agricultural Solutions

On October 14, 2020, Provision Analytics Inc. completed its acquisition of Crop Boss farm management software from Platinum Agricultural Solutions for a combination of cash and equity. Following the deal, Crop Boss will be known as Provision Producer. Provision Analytics...

Lead Office: Calgary Date Closed: October 14, 2020 Value: -