Representative Work Representative Work

Bain Capital Ventures’ $17 million Series A investment in Vention

On January 15, 2019, Vention announced the close of its $17 million Series A financing round, led by Bain Capital Ventures. Vention will use the funds raised to accelerate development of its cloud-based MachineBuilder 3D software, expand its modular hardware library, and bring additional solutions...

Lead Office: Toronto Date Closed: January 15, 2019 Value: $17 million

Vervent Audio Group in its acquisition of Audio Plus Services & Plurison

On January 15, 2019, Vervent Audio Group announced the acquisition of Audio Plus Services & Plurison. The acquisition creates the subsidiaries Focal Naim Canada and Focal Naim America, and signals the new phase of Vervent Audio Group’s investment plans in America. Vervent Audio Group is...

Lead Office: Montreal Date Closed: January 15, 2019 Value: -

Athabasca Oil Corporation in the sale of its Leismer pipeline and Cheecham storage terminal to Enbridge

On December 10, 2018, Athabasca Oil Corporation announced the sale of its Leismer pipeline and Cheecham storage terminal to Enbridge and negotiations of priority transportation and storage services agreements on such pipelines and tanks. This transaction unlocked value for shareholders while...

Lead Office: Calgary Date Closed: January 15, 2019 Value: $265 million

The Bank of Nova Scotia in the sale of its Caribbean banking operations to Republic Financial Holdings Limited

On November 27, 2018, The Bank of Nova Scotia (Scotiabank) announced the sale of its banking operations in 9 markets in the Caribbean (Anguilla, Antigua, Dominica, Grenada, Guyana, St. Kitts & Nevis, St. Lucia, St. Maarten, St. Vincent & the Grenadines) to Republic Financial Holdings...

Lead Office: Toronto Date Closed: -- Value: -

Pattern Energy Group Inc. in the sale of its interest in the K2 Wind Project to a consortium of investors led by Axium Infrastructure

On January 9, 2019, Pattern Energy Group Inc. (“Pattern”), completed its sale of the company's minority-owned interest in the K2 Wind power facility in Ontario for a purchase price of $216 million to a consortium of investors led by Axium Infrastructure. Pattern intends to use the...

Lead Office: Toronto Date Closed: January 9, 2019 Value: $216 million

JMI Equity's $115 million investment in Vena

On January 9, 2019, Vena Solutions raised $115 million in its equity round ley by new investor JMI Equity. Vena will use the proceeds to scale its operations and expand its financial planning and analysis software business to its customers world-wide. JMI is an American growth equity firm focused...

Lead Office: Toronto Date Closed: January 9, 2019 Value: $115 million

L Brands with its sale of the La Senza business to Regent LP

On January 6, 2019, L Brands completed the sale of La Senza, a Canadian luxury intimate apparel retailer, to Regent LP., a global private equity firm focused on innovating and transforming businesses. L Brands, Inc., listed on the 2018 Fortune 500 list of largest US companies by revenue, is an...

Lead Office: Montreal Date Closed: January 6, 2019 Value: -

Pipestone Oil Corp. in its strategic merger with Blackbird Energy Inc. and $309.5 million in equity and debt financings to form Pipestone Energy Corp.

On January 4, 2019 Blackbird Energy Inc. and Pipestone Oil Corp. announced the completion of their previously announced strategic merger. Concurrent with the transaction, Blackbird and Pipestone Oil have closed equity financings totaling $111.0 million with certain existing shareholders and...

Lead Office: Calgary Date Closed: January 4, 2019 Value: $310 million

RBC Capital Markets in CAPREIT’s $250 million completed offering and over-allotment option

On January 4, 2019, CAP REIT completed its previously announced issue and sale of 5,500,000 units for $45.50 per unit for aggregate gross proceeds of $250,250,000. The offering was sold through a syndicate of underwriters led by RBC Capital Markets on a bought-deal basis. CAPREIT plans to use the...

Lead Office: Toronto Date Closed: January 4, 2019 Value: $250 million

KPMG Inc. in connection with Gymboree Inc.’s proceedings under the Bankruptcy and Insolvency Act

On January 17, 2019, Gymboree, Inc. (“Gymboree Canada”), the Canadian operating entity of the Gymboree group of companies (the “Gymboree Group”), filed a Notice of Intention to Make a Proposal pursuant to subsection 50.4(1) of the Bankruptcy and Insolvency Act. KPMG Inc....

Lead Office: Toronto Date Closed: -- Value: -