Financial Services Financial Services

Diversified Royalty Corp. in its agreement to acquire the Mr. Lube + Tires franchisor business

On May 14, 2026, Diversified Royalty Corp. (DIV) and its newly formed wholly owned subsidiary entered into a definitive agreement with Mr. Lube Canada Limited Partnership and Mr. Lube Canada GP Inc. (collectively, Mr. Lube + Tires) for the strategic acquisition of the Mr. Lube + Tires franchisor...

Lead Office: Vancouver Date Announced: May 14, 2026 Value: $235 million

Choice Properties REIT in its $9.4-billion joint acquisition of First Capital REIT in partnership with KingSett Capital

Osler advised Choice Properties REIT in connection with its acquisition, together with KingSett Capital, of First Capital REIT in a transaction valued at approximately $9.4 billion, including the assumption of debt. Under the terms of the arrangement, Choice Properties will acquire approximately...

Lead Office: Toronto Date Announced: April 16, 2026 Value: $9.4 billion

PartnerStack in its acquisition by AppDirect

On April 14, 2026, AppDirect announced that it acquired PartnerStack with the goal of building a unified platform for partner-driven growth. PartnerStack offers a partner relationship management software. AppDirect helps other firms buy, sell and manage recurring tech services. Osler,...

Lead Office: Toronto Date Announced: April 14, 2026 Value: --

Vosker in its US$200-million senior debt financing in connection with the acquisition of Reconeyez

On February 10, 2026, Vosker announced its acquisition of Reconeyez and raising of US$200-million senior debt financing from a syndicate of lenders led by National Bank of Canada. This transaction represents an important milestone for Vosker with the company’s plan for global expansion and...

Lead Office: Montreal Date Announced: February 10, 2026 Value: US$200 million

Building Ontario Fund in partnership with High Capital Art in its GTA rental and affordable housing initiative

On March 10, 2026, High Art Capital announced the launch of its GTA Rental and Affordable Housing Initiative. This is a fund expected to be capitalized with a minimum of $1.3 billion. It also plans to acquire blocks of newly completed, unsold condominium units across the Greater Toronto Area and...

Lead Office: Toronto Date Announced: March 10, 2026 Value: $300 million

The Ontario government in its provincial guarantee to support a $250-million investment through the Indigenous Opportunities Financing Program

On February 27, 2026, the Ontario government announced that it is providing a provincial guarantee through the Indigenous Opportunities Financing Program (IOFP) to support a $250-million investment to increase production of life-saving medical isotopes. This guarantee is part of an agreement...

Lead Office: Toronto Date Announced: February 27, 2026 Value: $250 million

Teamworks Innovations Inc. in connection with its acquisition of Sportlogiq Inc.

On January 16, 2026, Teamworks Innovations Inc. announced that it acquired Sportlogic Inc. This acquisiton will strengthen its AI capabilities and hockey user base. Teamworks is a U.S.-based technology company offering a unified “Operating System for Sports” platform that enables teams and...

Lead Office: Montreal Date Announced: January 26, 2026 Value: --

Mangrove Lithium in its US$85-million structured financing led by Canada Growth Fund and US$9-million ITC-backed loan underwritten by National Bank of Canada

On January 15, 2026, Mangrove Water Technologies Ltd. (Mangrove Lithium) announced an up to US$85-million structured financing led by Canada Growth Fund (CGF), with participation from existing investors, including Breakthrough Energy Ventures and BMW i Ventures. The financing closed alongside a...

Lead Office: Toronto Date Announced: January 15, 2026 Value: US$85 million

Pattern Energy in its agreement to acquire Cordelio Power

On January 6, 2026, Pattern Energy Group announced it had entered into a definitive agreement to acquire Cordelio Power, an independent power producer in Canada and the United States. The addition of Cordelio Power will allow Pattern Energy to expand into one of the largest independent clean...

Lead Office: Toronto Date Announced: January 6, 2026 Value: --

Rocky Mountain Equipment in its acquisition of the Agri Centre business

Effective December 1, 2025, Rocky Mountain Equipment acquired the business of Agri Centre Ltd., a New Holland dealership with locations in Linden and Stettler, Alberta. Rocky Mountain Equipment is one of Canada’s largest independent agriculture equipment dealers, with locations across Western...

Lead Office: Calgary Date Closed: December 1, 2025 Value: --