Private Equity Private Equity

Penfund in connection with TorQuest’s acquisition of Mevotech

Osler advised Mevotech LP and its owner Penfund in connection with TorQuest’s acquisition of Mevotech. Mevotech is a North American leader in the engineering and design of driveline, steering, and suspension parts for the auto aftermarket. Penfund is a leading provider of capital to middle...

Lead Office: Toronto Date Announced: July 15, 2024 Value: --

Battery Ventures in its $150 million acquisition of TrueContext Corporation

On May 16, 2024, Battery Ventures announced the completion of the previously announced plan of arrangement to acquire all of the issued and outstanding common shares of TrueContext Corporation for $1.07 per share in cash. Upon completion of the transaction, TrueContext became a privately held...

Lead Office: Toronto Date Closed: May 16, 2024 Value: $150 million

Maverix Private Equity in Kode Labs’ US$30 Million Series B Financing

On April 15, 2024, Maverix Private Equity announced that it led a US$30 million Series B financing of KODE Labs. This round also saw participation from TELUS Ventures and existing investor I Squared Capital. KODE Labs offers commercial landlords an online platform to manage systems inside...

Lead Office: Toronto Date Announced: April 15, 2024 Value: $30 million

CDPQ on the sale of Plusgrade Inc., alongside Novacap to General Atlantic for more than US$1 billion

Osler advised Caisse de dépôt et placement du Québec (CDPQ) on the sale of Plusgrade Inc., alongside Novacap and certain other shareholders, to General Atlantic for more than US$1 billion. The transaction gives General Atlantic a stake of more than 50 per cent; CDPQ will remain a...

Lead Office: Montreal Date Closed: March 4, 2024 Value: US$1 billion

iCON Infrastructure in its investment in QSL

On February 23, 2024, QSL International Ltd. announced the arrival of new shareholders: funds advised by iCON Infrastructure LLP, CDPQ and the QSL management shareholders already active in the company's capital. QSL is a North American port terminal and logistics operator headquartered in...

Lead Office: Toronto Date Closed: February 23, 2024 Value: -

Q4 in its acquisition by Sumeru Equity Partners

On February 1, 2024, Q4 announced the completion of its previously announced plan of arrangement. Pursuant to the arrangement, an entity controlled by Sumeru Equity Partners acquired all of the issued and outstanding shares of the Company for $6.05 in cash per common share. Certain shareholders...

Lead Office: Toronto Date Announced: February 1, 2024 Value: -

Special Committee of Tricon Residential in its US$3.5 billion acquisition by Blackstone

On January 19, 2024, Tricon Residential announced it had entered into an arrangement agreement with Blackstone Real Estate Partners X and Blackstone Real Estate Income Trust, Inc. to acquire all outstanding common shares of Tricon for US$11.25 per Common Share in cash. Tricon Residential Inc. is...

Lead Office: Toronto Date Closed: -- Value: US$3.5 billion

Boart Longyear in the sale of its shares to American Industrial Partners Capital Fund

On December 27, 2023, Boart Longyear agreed to the sale of its outstanding and issued common shares to American Industrial Partners Capital Fund for approximately US $371 million. Boart Longyear anticipates that the deal will be advantageous to their clients and employees through AIP’s strategy...

Lead Office: Vancouver Date Announced: December 27, 2023 Value: US$371 million

ProShop ERP (Adion Systems Inc.) in its C$42-million growth investment from Mainsail Partners

On July 19, 2023, ProShop ERP announced the closing of their C$42-million growth equity investment from Mainsail Partners. The company plans to utilize the funding to expedite product development and market expansion. ProShop ERP is a Vancouver-based provider of enterprise resource planning (ERP)...

Lead Office: Vancouver Date Closed: July 19, 2023 Value: $42 million

Caisse de dépôt et Placement du Québec in its $150 million equity investment

On December 7, 2022, Caisse de dépôt et Placement du Québec (“CDPQ”) announced it had invested an additional $150 million in Pomerleau Inc., one of the country's most important construction companies. CDPQ's additional commitment strengthens the strategic partnership...

Lead Office: Montreal Date Closed: December 7, 2022 Value: $150 million