Corporate Lending Corporate Lending

Mind Medicine in its US$50 million senior secured credit facility with K2 HealthVentures

On August 14, 2023 , Mind Medicine (MindMed) announced it entered into a senior secured credit facility totaling US$50 million with K2 HealthVentures. Upon closing, US$15 million of the US$50 million loan facility was funded. Additional funding amounts of up to an aggregate of US$20 million...

Lead Office: Vancouver Date Closed: August 14, 2023 Value: US$50 million

Goldman Sachs Merchant Banking in its $1.13 billion acquisition of People Corporation

On December 14, 2020, Goldman Sachs Merchant Banking Division (MBD) entered in an agreement to acquire People Corporation for a value of $1.13 billion. The acquisition will position People Corporation’s to grow and expand its opportunity to further enhance the delivery of...

Lead Office: Toronto Date Closed: February 18, 2021 Value: $1.13 billion

First Nations Finance Authority’s financing of a coalition of Mi'kmaq First Nations participating in the acquisition of Clearwater Seafoods

On November 9, 2020, Clearwater Seafoods announced it had entered into a definitive agreement with FNC Holdings Limited Partnership, representing a coalition of Mi'kmaq First Nations, and Premium Brands Holdings, pursuant to which FNC Holdings Limited Partnership and Premium Brands...

Lead Office: Vancouver Date Closed: January 25, 2021 Value: $537 million

Andrew Peller Limited in its secured credit facility

On December 8, 2020, Andrew Peller Ltd completed the refinancing of its $350 million syndicated credit facilities with the Bank of Montreal acting as the Administrative Agent.  Andrew Peller Ltd is a leading producer and marketer of wines in Canada. Focused on its wineries in...

Lead Office: Toronto Date Closed: December 8, 2020 Value: $350 million

Pier 1 Imports in its Chapter 11 and CCAA Recognition Proceedings

Pier 1 Imports, Inc. (“Pier 1” and together with its affiliates, the “Pier 1 Entities”) is an omni-channel retailer specialized in unique home décor and accessories. On February 17, 2020, the Pier 1 Entities entered into a plan support agreement with a majority of...

Lead Office: Toronto Date Closed: December 3, 2020 Value: -

KingSett Capital on behalf of KingSett Real Estate Growth LP No.7, KingSett Canadian Real Estate Income Fund and other investors, in connection with its $4.9 billion acquisition, with Starlight Investments, of Northview Apartment REIT

Osler, Hoskin & Harcourt LLP represented KingSett Capital on behalf of KingSett Real Estate Growth LP No.7, KingSett Canadian Real Estate Income Fund and other investors, in connection with their acquisition of Northview Apartment REIT in a transaction valued at...

Lead Office: Toronto Date Closed: November 2, 2020 Value: $4.9 billion

Lenders in Berkshire Partners’ acquisition of VetStrategy

On July 31, 2020, Berkshire Partners completed its acquisition of VetStrategy with a deal value of over $1 billion. The acquisition will allow VetStrategy to further invest in their network of clinics across Canada and provide the flexibility to continue to grow through acquisitions in the coming...

Lead Office: Toronto Date Closed: July 31, 2020 Value: -

TPG in its submission of a stalking horse bid for Cirque du Soleil’s assets in partnership with Fosun, Caisse de dépôt et placement du Québec and Investissement Québec

On June 29, 2020, TPG, Fosun and Caisse de dépôt et placement du Québec (the Consortium) announced they have partnered with Investissement Québec and submitted a fully committed, fully financed “stalking horse bid” proposal to acquire substantially all of the assets of Cirque du Soleil...

Lead Office: Montreal Date Closed: July 16, 2020 Value: -

Quad-C Management on its investment in S.i. Systems

On December 20, 2018,  Quad-C Management completed an investment in S.i. Systems for an undisclosed amount. S.i. Systems is the largest IT staffing company headquartered in Canada. Headquartered in Virginia, Quad-C is a middle market private equity firm focused on investing in...

Lead Office: Toronto Date Closed: December 20, 2018 Value: -

Aspenleaf Energy Limited in its acquisition of NEP Canada ULC

On July 31, 2018, Aspenleaf Energy Limited (“Aspenleaf”) completed its acquisition of NEP Canada ULC (“NEP Canada”), a private, light oil producer with operations focused in the Leduc/Woodbend region.  The acquisition combines two central Alberta based assets that are geographically and...

Lead Office: Calgary Date Closed: July 31, 2018 Value: -