Travel and Leisure Travel and Leisure

Wheel Estate Rentals in its acquisition by Ruckify

In November 2019, Ruckify, an online rental marketplace, acquired Wheel Estate Rentals, a peer-to-peer rental sharing marketplace for RVs, fifth wheels and pop-up tents available for rent in Western Canada and Ontario. Osler, Hoskin & Harcourt LLP advised Wheel Estate Rentals Inc. with...

Lead Office: Calgary Date Closed: November 1, 2019 Value: -

Red Label Vacations in its acquisition by H.I.S. Group

On January 8, 2019, Red Label Vacations and certain of its affiliates entered into an agreement with H.I.S. Group., pursuant to which H.I.S. has agreed to acquire Red Label Vacations. Under the terms of the agreement, Red Label Vacations will continue to operate as an independent, wholly-owned...

Lead Office: Toronto Date Closed: March 1, 2019 Value: -

Chorus Aviation in Air Canada’s $97.3 million investment and CPA extension

On February 4, 2019, Air Canada and Chorus Aviation Inc., parent company of Jazz Aviation LP, announced the extension of the Capacity Purchase Agreement (CPA) between Air Canada and Jazz has become effective.  As part of the agreement to amend the CPA, Air Canada also completed a $97.26...

Lead Office: Toronto Date Closed: February 4, 2019 Value: $97.6 million

Caisse de dépôt et placement du Québec in its $200 million investment in Plusgrade

On November 28, 2018, Caisse de dépôt et placement du Québec (CDPQ) announced that it acquired an equity interest of $200 million in Plusgrade, a leading provider of revenue solutions to the global travel industry. The portion of the shares were held by TA Associates and will continue to be a...

Lead Office: Montreal Date Closed: November 28, 2018 Value: $200 million

Chorus Aviation Completes $100 million bought deal offering

Chorus Aviation has completed its previously announced bought deal public offering of 11,628,000 common shares of Chorus, which, for greater certainty, means for Canadian investors, Class B Voting Shares of Chorus, and for non-Canadian investors, Class A Variable Voting Shares of Chorus...

Lead Office: Toronto Date Closed: March 13, 2018 Value: $100 million

Ritual in its US$43.5 million Class B Preferred Share financing

On September 25, 2017, Ritual announced its Series B financing round of approximately US$43.5 million. The round was led by Insight Venture Partners, and was joined by existing investors Greylock Partners, Mantella Venture Partners, Golden Venture Partners and Mistral Venture Partners....

Lead Office: Toronto Date Closed: September 25, 2017 Value: US$43.5 million

Whistler Blackcomb Holdings Inc. in its $1.4 billion acquisition by Vail Resorts

On October 17, 2016, Whistler Blackcomb Holdings Inc. and Vail Resorts, Inc. completed an agreement pursuant to which Vail Resorts acquired 100 percent of the stock of Whistler Blackcomb, whose shareholders received C$17.50 per share in cash and 0.0998 shares of Vail Resorts common stock. For...

Lead Office: Toronto Date Closed: October 17, 2016 Value: $1.4 billion