Joyce M. Bernasek Joyce M. Bernasek

Ad Hoc Term Lender Group in Covia’s emergence from creditor protection

On December 31, 2020, Covia announced its emergence from creditor protection. After voluntarily filing for Chapter 11 in U.S. Bankruptcy Court for the Southern District of Texas, Covia entered into a restructuring agreement with the ad hoc term lenders group and successfully restructured...

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

KingSett Capital in its sale of VersaCold Logistics to TorQuest Partners

On December 16, 2020, TorQuest Partners announced its acquisition of VersaCold Logistics Services from KingSett Capital and Ivanhoe Cambridge along with various significant lease transactions and lease disputes. TorQuest partnered with The Investment Management Corporation of Ontario (IMCO) and...

Lead Office: Toronto Date Closed: December 16, 2020 Value: -

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

CIBC Innovation Banking in its Growth Capital Financing to Taplytics Inc.

On November 12, 2020, CIBC Innovation Banking announced its growth capital financing to Taplytics Inc. The financing will help accelerate Taplytics’ customer acquisition strategy and growth plans across North America and Europe. CIBC Innovation Banking delivers strategic advice, cash...

Lead Office: Toronto Date Closed: November 12, 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

CIBC Innovation Banking in ProNavigator’s $5.6 million financing round

On September 2, 2020, ProNavigator completed its $5.6 million financing round. The financing round was co-led by Luge Capital as well as GreenSky Capital and MaRs IAF, and included CIBC Innovation Banking, iNovia Capital and the Business Development Bank of Canada. The funding will be used...

Lead Office: Toronto Date Closed: September 2, 2020 Value: $5.6 million

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: -

UPL Limited in its US$4.2 billion acquisition of Arysta LifeScience

On February 1, 2019, UPL Limited announced the completion of its acquisition of Arysta LifeScience Inc. from Platform Specialty Products, a chemical production corporation listed on the NYSE, for US$4.2 billion. UPL Limited is a leader in global food systems and with the acquisition of Arysta,...

Lead Office: Toronto Date Closed: January 31, 2019 Value: US$4.2 billion

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: -

Blackstone Property Partners in its acquisition of Pure Industrial Real Estate Trust for $3.8 billion

Osler represented Blackstone in connection with its acquisition of Pure Industrial Real Estate Trust for $3.8 billion. PIRET owns and operates a diversified portfolio of income-producing industrial properties in leading markets across Canada and key distribution and logistics markets in the United...

Lead Office: Toronto Date Closed: May 25, 2018 Value: $3.8 billion