DigitalGlobe

BMO Capital Markets Corp. in the acquisition of DigitalGlobe by MacDonald, Dettwiler and Associates Ltd. for $US3.6 billion

Client

BMO Capital Markets Corp.

Value

US$3.6 billion

Service

Mergers and Acquisitions

Date Closed

October 2017

Lead Office

Toronto


 

On October 5, 2017, MacDonald, Dettwiler and Associates Ltd. (“MDA") announced the completion of its acquisition of DigitalGlobe, Inc. This transaction is valued at an enterprise value of US$3.6 billion. 
BMO Capital Markets Corp. (“BMO”) acted as financial advisor to MDA.
 
The transaction will be used to help execute MDA’s U.S. Access Plan Strategy, which will include reorganization of all or part of the combined company’s corporate and operating structure to ensure that the ultimate parent of DigitalGlobe is incorporated in the U.S. by the end of 2019. 
 
MDA is a global communications and information company. It provides operational solutions to commercial and government organizations worldwide. The company is headquartered in Richmond, British Columbia.
 
DigitalGlobe is a global provider of commercial, high-resolution, world imagery products and services. It is headquartered in Westminster, Colorado. 
 
BMO Capital Markets is a full-service North American-based financial services provider. They offer equity and debt underwriting, corporate lending and project financing, merger and acquisitions advisory services, securitization, treasury management, market risk management, debt and equity research and institutional sales and trading.
 
Osler, Hoskin, & Harcourt LLP represented BMO with a team consisting of Jeremy Fraiberg and Don Gilchrist (Corporate).


Team
Jeremy  Fraiberg
Key Contact

Jeremy Fraiberg

Partner, Corporate

Donald  Gilchrist

Donald Gilchrist

Partner, Corporate