Representative Work Representative Work

Independent Electricity System Operator in respect of the Oneida Battery Storage facility

On February 10, 2023, the Independent Electricity System Operator announced entering into an Energy Storage Facility Agreement for the Oneida Energy Storage Project. The Oneida Energy Storage project is a 250 MW/1000 MWh energy storage facility located in Southwestern Ontario. This is...

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

Bank of Montreal in its US$16.3 billion acquisition of Bank of the West

On December 20, 2021, Bank of Montreal announced the signing of a definitive agreement with BNP Paribas to acquire Bank of the West for a cash purchase price of US$16.3 billion. On closing, the acquisition will bring nearly 1.8 million customers to BMO and extends its banking presence in key U.S....

Lead Office: Toronto Date Closed: February 1, 2023 Value: US$16.3 billion

BOXX Insurance in its raising of US$14.4 million in a Series B funding round

In February 2023, BOXX Insurance raised approximately US$14.4 million in Series B funding in a round led by Zurich Insurance Group. Through this funding, BOXX Insurance plans to continue accelerating its growth and expanding its footprint internationally.BOXX Insurance’s mission is...

Lead Office: Toronto Date Closed: February 1, 2023 Value: US$14.4 million

General Motors Co. in its US$650 million equity investment in Lithium Americas Corp.

On January 31, 2023, General Motors announced that it has entered into a purchase agreement with Lithium Americas in respect of a US$650 million equity investment in Lithium Americas to develop the Thacker Pass mine. The transaction represents the largest investment by an automaker in the...

Lead Office: Vancouver Date Closed: -- Value: US$650 million

Nav Technologies Inc. in its acquisition of Nuula

On January 26, 2023, Nav Technologies Inc. acquired Nuula, a fintech company offering loans to small business, formerly known as BFS Capital.  The Nuula technology, which addresses data and integration challenges and provides an engaging mobile experience for small business owners, will...

Lead Office: Toronto Date Closed: January 26, 2023 Value: -

Hydro One in its inaugural $1.05 billion offering of Medium Term Notes under New Sustainable Financing Framework

On January 24, 2023, Hydro One Inc., a wholly owned subsidiary of Hydro One Limited (collectively, “Hydro One”) priced an offering of $1.05 billion of Medium Term Notes (the “Notes”), consisting of $300 million aggregate principal amount of 3.93% Medium Term Notes, Series 53, due 2029, $450...

Lead Office: Toronto Date Closed: January 24, 2023 Value: $1.05 billion

Blockstream in its raising of US$125 million to develop their crypto mining services

On January 24, 2023, Blockstream raised US$125 million in a convertible notes and secure loan financing. The convertible note was led by Kingsway Capital and had participation from Fulgur Ventures. Blockstream plans on allocating this funding towards further developing their crypto mining services...

Lead Office: Montreal Date Closed: January 24, 2023 Value: US$125

Pender Ventures in connection with Traction Complete’s $5-million Series A financing round

On January 24, 2023, Traction Complete announced the closing of its $5-million Series A investment round led by Pender Ventures with participation by Thomvest Ventures. Through this funding, Traction Complete will focus on client relationships through advancing their marketing...

Lead Office: Toronto Date Closed: January 24, 2023 Value: $5 million

MoonPay in its acquisition of Nightshift

On January 19, 2023, MoonPay acquired Nightshift, a Web3 creative agency focusing on branding and strategy. MoonPay plans on utilizing Nightshift’s services to provide companies, brands and creative agencies with world-class, end-to-end support to unlock new revenue through...

Lead Office: Toronto Date Closed: January 19, 2023 Value: -

Notch in its raising of $13.7 million financing

On January 19, 2023, Notch raised $13.7 million in an all equity round led by Portage and saw participation from Golden Ventures, Math Ventures, Accomplice, Pre-Cursor Ventures, Garage Capital and Plexo Capital. The company plans to utilize the funding strengthen their platform and...

Lead Office: Toronto Date Closed: January 19, 2023 Value: $13.7 million