Banking and Financial Services

Intercontinental Exchange Inc. in the acquisition of NGX and Shorcan Brokers from TMX Group.

On December 14, 2017, Intercontinental Exchange ("ICE") completed its sale of Trayport Holdings Ltd. (“Trayport”) to TMX Group Limited ("TMX") in a transaction valued at $931 million. As part of this transaction, ICE acquired Natural Gas Exchange Inc. and...

Lead Office: Toronto Date Closed: December 14, 2017 Value: $931 million

JP Morgan Chase & Co. in its acquisition of WePay Inc.

On December 4, 2017, JP Morgan Chase & Co. ("JP Morgan") completed its acquisition of WePay Inc. ("WePay"). This is JP Morgan's first major acquisition of a financial-technology start-up. JP Morgan will provide its four million small businesses clients with...

Lead Office: Toronto Date Closed: December 4, 2017 Value: -

Wells Fargo Securities and BMO Capital Markets, as representatives for the initial purchasers, in a high yield notes offering by goeasy Ltd.

On November 1, 2017, goeasy Ltd. (“goeasy”) completed an offering of US$325 million aggregate principal amount of 7.875% senior unsecured notes due 2022 in the United States and Canada. goeasy Ltd. is a leading full service provider of goods and alternative financial services,...

Lead Office: Toronto Date Closed: November 1, 2017 Value: US$325 million

BMO Capital Markets and TD Securities in the acquisition of Aecon Group Inc. by the CCCC International Holding Limited for $1.51 billion

On October 26, 2017, Aecon Group Inc. ("Aecon") and CCCC International Holding Limited ("CCCI") announced that they have entered into a definitive agreement under which CCCI will acquire all of the issued and outstanding common shares of Aecon for $20.37 per...

Lead Office: Toronto Date Closed: -- Value: $1.51 billion

Underwriters in connection with the IPO of Roots Corporation on the TSX

On October 25, 2017, Roots Corporation, an iconic Canadian brand, completed its initial public offering (IPO). The IPO was a 100% secondary offering of Roots’ common shares by investment funds managed by Searchlight Capital Partners, L.P. and an entity indirectly controlled by Michael Budman and...

Lead Office: Toronto Date Closed: October 25, 2017 Value: -

The Bank of Nova Scotia in its launch of a new form of Additional Tier 1 Capital

On October 12, 2017, The Bank of Nova Scotia ("BNS") completed an offering of 4.650% fixed to floating rate non-cumulative subordinated additional Tier 1 Capital Notes for US$1.25 billion. This offering represented the first issuance of this new form of Additional Tier 1...

Lead Office: Toronto Date Closed: October 12, 2017 Value: US$1.25 billion

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

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...

Lead Office: Toronto Date Closed: October 5, 2017 Value: US$3.6 billion

Investment Management Corporation of Ontario in its co-majority share acquisition with EagleTree Capital, in Corsair from Francisco Partners valued at US$525 million

On August 28, 2017, Investment Management Corporation of Ontario (IMCO) (on behalf of its client, Ontario Pension Board), Honeywell pension and EagleTree Capital completed a definitive agreement in partnership with current management to acquire a majority stake in Corsair from Francisco...

Lead Office: Toronto Date Closed: August 28, 2017 Value: US$525 million

Syndicate of underwriters co-led by Scotia Capital Inc. CIBC World Markets Inc., RBC Dominion Securities Inc. and TD Securities Inc. in the $300 million public offering of preferred shares of Kinder Morgan Canada Limited

On August 15, 2017, Kinder Morgan Canada Limited ("KML") closed its public offering (the "Offering") of cumulative redeemable minimum rate reset preferred shares, series 1 ("Series 1 Preferred Shares"). The Offering was co-led by Scotia Capital Inc., CIBC...

Lead Office: Calgary Date Closed: August 15, 2017 Value: $300 million

BMO Capital Markets in connection with the offering on a bought deal private placement basis of an aggregate issue amount of $10,000,260 Subscription Receipts of Cordoba Minerals Corp.

On July 31, 2017, Cordoba Minerals Corp. (“Cordoba”) announced the completion of its acquisition of a 51% interest in the San Matias Joint Venture from High Power Exploration Inc. (“HPX”) through the acquisition of the shares of a wholly-owned subsidiary of HPX (the...

Lead Office: Toronto Date Closed: July 31, 2017 Value: $10 million