Representative Work Representative Work

Stuart Olson - The Board of Directors of Stuart Olson in the company’s acquisition by Bird Construction

On July 29, 2020, Bird Construction Inc. and Stuart Olson Inc. entered into an agreement under which Bird Construction will acquire Stuart Olson for an aggregate consideration of $96.5 million. The transaction was unanimously approved by the Boards of Directors of both companies and will...

Lead Office: Calgary Date Closed: September 25, 2020 Value: $96.5 million

Zenabis Global Inc. in its completed public offering of units

On September 23, 2020, Zenabis Global Inc. completed its marketed offering of units for aggregate gross proceeds of $7,592,009. The offering was made through a syndicate of agents led by ATB Capital Markets Inc. and including Eight Capital. The proceeds from the offering will be used for...

Lead Office: Vancouver Date Closed: September 23, 2020 Value: $7.6 million

Bristol Myers Squibb in its acquisition of Forbius

On August 24, 2020, Bristol Myers Squibb entered into a definitive agreement to acquire Forbius. The acquisition will allow Bristol Myers Squibb to extend its leading position in oncology and include new pathways to serve more patients. Under the transaction Bristol Myers Squibb will...

Lead Office: Montreal Date Closed: September 21, 2020 Value: -

SP Armow Wind Ontario LP in its $700 million financing

On September 21, 2020, SP Armow Wind Ontario LP completed its $700 million financing in non-recourse debt to finance working capital requirements for the Armow wind farm in Canada. SP Armow Wind Ontario LP is a 50/50 joint venture comprising of Pattern Energy Group and Samsung Renewable Energy...

Lead Office: Toronto Date Closed: September 21, 2020 Value: $700 million

Pipestone Energy Corp. in its $70 million convertible preferred share financing with Riverstone

On September 17, 2020, Pipestone Energy Corp. closed its previously announced convertible preferred share financing with Riverstone Pipestone LP, certain hedge fund and private client accounts of GMT Capital Corp., and GMT Exploration Company LLC for expected proceeds of approximately $67...

Lead Office: Calgary Date Closed: September 17, 2020 Value: $70 million

ApplyBoard in its $70 million Series C extension

On September 16, 2020, ApplyBoard completed its $70 million Series C extension. The round was led by new strategic partner, Education Testing Services and included Index Ventures, Blue Cloud Ventures and Harmonic Growth Partners. The funding will be used to grow ApplyBoard’s team and...

Lead Office: Toronto Date Closed: September 16, 2020 Value: $70 million

The Syndicate of Dealers in AltaLink’s $225 million notes offering

On September 11, 2020,  AltaLink issued $225 million of 1.509% Senior Secured Notes due 2030 on a private placement basis, with a syndicate led by Scotia Capital Inc., RBC Dominion Securities Inc. and BMO Nesbitt Burns Inc. The proceeds from the offering will be used to repay $125...

Lead Office: Toronto Date Closed: September 11, 2020 Value: $225 million

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

On September 1, 2020, National Bank of Canada announced its $500 million offering of Additional Tier 1 (AT1) Limited Recourse Capital Notes. The offering uses the now market standard form of AT1 capital instrument pioneered by Osler. The notes have a 4.3% interest rate and are due November,...

Lead Office: Toronto Date Closed: September 9, 2020 Value: $500 million

Enterprise Holdings Inc. in its Canadian subsidiary's acquisition of Discount Car and Truck Rentals

On December 5, 2019, Enterprise Holdings Inc. announced the signing of an agreement to which its Canadian subsidiary will acquire Discount Car and Truck Rentals. The transaction will generate growth by combining complementary service offerings and expertise to offer a broader range of...

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

CIBC Innovation Banking in ProNavigator’s $5.6 million financing round

On September 2, 2020, ProNavigator completed its $5.6 million financing round. The financing round was co-led by Luge Capital as well as GreenSky Capital and MaRs IAF, and included CIBC Innovation Banking, iNovia Capital and the Business Development Bank of Canada. The funding will be used...

Lead Office: Toronto Date Closed: September 2, 2020 Value: $5.6 million