Victoria Graham

Manulife Financial Corporation in its largest Canadian Universal Life reinsurance transaction valued at $5.8 billion

On March 25, 2024, Manulife Financial Corporation announced its agreement to reinsure $5.8 billion of reserves of law ROE Canadian Universal Life Block to RGA Life Reinsurance Company of Canada. This represents the largest Universal Life reinsurance transaction within the Canadian insurance...

Lead Office: Toronto Date Announced: Mar 25, 2024 Value: $5.8 billion

CURO in its acquisition of Flexiti Financial

On February 1, 2021, CURO Group Holdings Corp. (CURO) announced that it had agreed to acquire FLX Holding Corp. and its operating subsidiary, Flexiti Financial Inc. (Flexiti) for CAD $108.6 million, plus earn-out amounts of up to CAD $46.5 million. The transaction is expected to close in...

Lead Office: Toronto Date Closed: March 10, 2021 Value: $155.1 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

Ontario Teachers' Pension Plan Board in its investment in Duo Bank of Canada in connection with Duo Bank of Canada’s acquisition of Fairstone Financial Holdings Inc.

On January 4, 2021, Duo Bank of Canada, in partnership with Stephen Smith, Centerbridge Partners L.P. and Ontario Teachers' Pension Plan Board, completed its acquisition of Fairstone Financial Holdings Inc. The acquisition supports Duo Bank of Canada’s growth objectives as it...

Lead Office: Toronto Date Closed: January 4, 2021 Value: -

Ontario Teachers’ Pension Plan Board in Intact Financial Corporation’s acquisition of RSA Insurance Group

On November 12, 2020, Intact Financial Corp. announced that it had entered into subscription agreements with Caisse de dépôt et placement du Québec, Canada Pension Plan Investment Board and Ontario Teachers’ Pension Plan Board to provide financing totaling $3.2 billion to support Intact’s...

Lead Office: Toronto Date Closed: November 25, 2020 Value: $3.2 billion

Genworth Financial in its $2.4 billion agreement for Brookfield Business Partners to acquire Genworth’s stake in Genworth MI Canada Inc.

On August 13, 2019, Genworth Financial, Inc. and Brookfield Business Partners L.P. announced an agreement for Brookfield Business Partners to purchase Genworth’s majority interest in Genworth MI Canada Inc. for a total price of $2.4 billion. Genworth Financial, Inc. is a Fortune 500 insurance...

Lead Office: Toronto Date Closed: December 12, 2019 Value: $2.4 billion

Princeton Holdings Limited in the sale of The Guarantee Company of North America and Frank Cowan Company Limited to Intact Financial Corporation.

Princeton Holdings Limited completed its sale of The Guarantee Company of North America and Frank Cowan Company Limited to Intact Financial Corporation on December 2, 2019. Princeton Holdings is a private holding company that is headquartered in Cambridge, Ontario. All subsidiary companies...

Lead Office: Toronto Date Closed: December 2, 2019 Value: -

Ventas in its acquisition of a high quality Canadian seniors housing portfolio valued at $2.4 billion in partnership with Le Groupe Maurice

On September 4, 2019, Ventas, Inc. announced the completion of its acquisition of a Class A portfolio of 31 purpose-built seniors housing communities and certain in-progress developments in Québec by investing through an equity partnership with Le Groupe Maurice (“LGM”). The portfolio is...

Lead Office: Toronto Date Closed: September 4, 2019 Value: $2.4 Billion

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: -

The Riverside Company in its acquisition of Kii Naturals Inc.

On November 13, 2017, The Riverside Company (“Riverside”) announced its acquisition of Kii Naturals Inc. (“Kii”), as an add-on to its previously acquired NuStef Baking platform company. Kii is a company based in Vaughan, Ontario that creates and manufactures...

Lead Office: Toronto Date Closed: November 13, 2017 Value: -