Richard M. Borins Richard M. Borins

Entertainment One in its US$4 billion acquisition by Hasbro

On December 30, 2019, Hasbro and Entertainment One completed their agreement under which Hasbro acquired eOne in an all-cash transaction valued at approximately £3.3 billion or US$4 billion. Under the terms of the agreement, eOne shareholders will receive £5.60 in cash for each common share of...

Lead Office: Toronto Date Closed: December 30, 2019 Value: US$4 billion

Entertainment One in its US$215 million proposed acquisition of Audio Network

On April 11, 2019, Entertainment One (eOne) announced that it has entered into an agreement to acquire UK-based Audio Network Limited, one of the world’s largest independent creators and publishers of original high-quality music for approximately US$215 million. The cash consideration for...

Lead Office: Toronto Date Closed: April 11, 2019 Value: US$215 million

Ensign Energy Services Inc. in its acquisition of Trinidad Drilling Ltd. for $947 million

On November 29, 2018 Ensign Energy Services Inc. announced its successful bid to acquire Trinidad Drilling. Under the agreement, Ensign will own 66.73% of Trinidad’s outstanding shares at $1.68 per share. Ensign will acquire the remaining shares either through a Compulsory Acquisition...

Lead Office: Toronto Date Closed: -- Value: $947 million

Dominion Voting Systems in its acquisition by its management team and Staple Street Capital

On July 16, 2018, Dominion Voting Systems announced that it had been acquired by its management team and Staple Street Capital. Dominion Voting Systems is a leading provider of election tabulation hardware and software solutions in the U.S. and Canada.   Staple Street Capital is a...

Lead Office: Toronto Date Closed: July 16, 2018 Value: -

The Stars Group Inc. in its acquisition and refinancing of increased equity interest in CrownBet Holdings Pty Limited.

On April 24, 2018, a subsidiary of The Stars Group Inc. increased its equity interest in CrownBet Holdings Pty Limited from 62% to 80% and CrownBet Holdings Pty Limited acquired William Hill Australia Holdings Pty Ltd., creating a leader in the regulated Australian online sports betting...

Lead Office: Montreal Date Closed: April 24, 2018 Value: US$315 million

Entertainment One in its acquisition of the remaining 49% minority interest in The Mark Gordon Company for US$209 million and related financings for the acquisition

On January 29, 2018, Entertainment One (“eOne”) agreed to purchase the remaining 49% of The Mark Gordon Company (“Mark Gordon Co.”) that it did not already own for $209 million. eOne will finance the acquisition through a US$75 million private placement of common shares and a US$100 million...

Lead Office: Toronto Date Closed: January 29, 2018 Value: US$209 million

Syndicate of underwriters co-led by CIBC World Markets Inc., Scotia Capital Inc., RBC Dominion Securities Inc. and TD Securities Inc. in connection with the $250 million public offering

On December 15, 2017, Kinder Morgan Canada Limited (“KML”) closed its public offering (the “Offering”) of cumulative redeemable minimum rate reset preferred shares, series 3 (“Series 3 Preferred Shares”). The Offering was co-led by CIBC World Markets...

Lead Office: Calgary Date Closed: December 15, 2017 Value: $250 million

Mitel Networks Corporation in connection with its acquisition of ShoreTel, Inc. for US$530 million

On July 27, 2017, Mitel Networks Corporation ("Mitel") and ShoreTel, Inc. ("ShoreTel") announced that they have entered into a definitive merger agreement in which Mitel will acquire all of the outstanding shares of ShoreTel common stock for a total equity value of...

Lead Office: Toronto Date Closed: September 25, 2017 Value: US$530 million

National Tire Distributors Inc. in its acquisition of Pneus Supérieurs Inc.

On June 1, 2017, 9359-8266 Québec Inc., a wholly owned subsidiary of National Tire Distributors Inc., completed an all-cash acquisition of three Québec based tire distributors carrying on business under the name “Pneus Supérieurs”. The three targets were wholly-owned by Pneus...

Lead Office: Montreal Date Closed: June 1, 2017 Value: -

American Capital Ltd. and its Canadian Portfolio Company in its Sale of Service Experts

On May 11, 2016, American Capital, Ltd. (“American Capital”) announced that its portfolio company SEHAC Holdings Corporation and subsidiaries (“Service Experts” or the “Company”) merged with a subsidiary of Enercare Solutions Inc., a wholly-owned...

Lead Office: Toronto Date Closed: May 11, 2016 Value: US$340 million