Representative Work Representative Work

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: -

Alvarez & Marsal Canada Inc., as Receiver to Erwin Hymer Group North America Inc., announces proposed acquisition of Roadtrek RV brand by Rapido SAS

On April 15, 2019, Rapido Group announced that it signed a binding letter of intent to acquire substantially all of the assets related to the Roadtrek RV brand, an operating division of Erwin Hymer Group North America Inc. ("EHGNA"), a company in the midst of receivership proceedings. On...

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

Neptune Wellness Solutions in its proposed acquisition of SugarLeaf for up to US$150 million

On May 9, 2019,  Neptune Wellness Solutions announced the signing of a definitive agreement to acquire substantially all of the assets of SugarLeaf Labs and Forest Remedies (collectively, "SugarLeaf") for a maximum aggregate purchase price of up to US$150 million. Neptune's...

Lead Office: Montreal Date Closed: -- Value: US$150 million

TD Bank in connection with Air Canada’s acquisition of Aimia Canada

On November 26, 2018, Air Canada with the financial support of its partners, The Toronto-Dominion Bank, Canadian Imperial Bank of Commerce, and Visa Canada Corporation entered into a definitive share purchase agreement for the acquisition of Aimia Canada Inc., owner and operator of the Aeroplan...

Lead Office: Toronto Date Closed: January 1, 2019 Value: $450M cash and $1.9B of Aeroplan Miles liability