David Davachi

David Davachi

Partner, Tax

Contact Information

ddavachi@osler.com

tel: 416.862.4737

Office

Toronto

David’s practice focuses on corporate tax planning in a public and private context, including the tax aspects of mergers and acquisitions, corporate reorganizations, corporate finance and capital market transactions both from a domestic and cross-border perspective. In particular, he has extensive experience advising pension funds/tax-exempt entities, income funds, real estate investment trusts and private equity sponsors.

  • H2 Ventures 1 Inc.

    H2 Ventures 1 Inc. in its $5 million initial public offering on the TSX Venture Exchange

  • Canadian Pacific Railway Company

    The Underwriters in Canadian Pacific Railway Company’s US$8.45 billion note offering

  • smartTrade

    smartTrade in its acquisition of TickTrade

  • MindBeacon

    MindBeacon in its acquisition by CloudMD

  • VTS

    VTS in its acquisition of Lane Technologies

  • Emera Incorporated

    Emera Incorporated in its $225 million preferred share financing

  • Chorus Aviation

    Chorus Aviation in its $85 million bought deal offering

  • Spire Global

    Spire Global in its $204.2 million acquisition of exactEarth

  • Chartwell Retirement Residences

    Chartwell Retirement Residences in its $201 million public offering

  • Dye & Durham

    The Underwriters in Dye & Durham’s $500 million offering

  • CURO

    CURO in its acquisition of Flexiti Financial

  • KingSett Capital

    KingSett Capital in its sale of VersaCold Logistics to TorQuest Partners

  • Canadian Student Housing Limited Partnership

    OPTrust and Blue Vista Capital Management’s student housing acquisitions

  • Hydro One Inc.

    Hydro One Inc. in its $1.2 billion offering of Medium Term Notes

  • Chemtrade Logistics Income Fund

    Chemtrade Logistics Income Fund in its $75 million public offering

  • The Bank of Nova Scotia

    The Bank of Nova Scotia in its US$1.25 billion senior notes offering

  • Hydro One Inc.

    Hydro One Inc. in its $1.1 billion offering of Medium Term Notes

  • KingSett Capital

    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

  • RBC Capital Markets

    RBC Capital Markets in CAPREIT’s $490 million public offering

  • Dream Global REIT

    Dream Global REIT in its $6.2 billion acquisition by Blackstone

  • Chartwell Retirement Residences

    Chartwell in its $269.5 million trust unit offering

  • RBC Capital Markets

    The syndicate of underwriters in European Residential REIT’s $167 million offering

  • RBC Capital Markets

    RBC Capital Markets in CAPREIT’s $345 million equity financing

  • RBC Capital Markets

    RBC Capital Markets in CAPREIT’s $250 million completed offering and over-allotment option

  • Canada Goose Holdings Inc.

    The Underwriters in the US$630 million secondary offering of Canada Goose Holdings Inc.

    • Corus Entertainment Inc. in connection with its proposed $2.65 billion purchase of Shaw Media Inc. from Shaw Communications Inc.
    • Emera Inc. in its proposed US$10.4 billion acquisition of TECO Energy Inc. and $1.9 billion Bought Deal Offering of Convertible Debentures
    • Canadian counsel to BMO Financial Group in connection with its acquisition of General Electric Capital Corporation’s Transportation Finance Business
    • Calloway REIT in all aspects of its $1.2 billion acquisition of 24 retail shopping centres from entities affiliated with Mitchell Goldhar, Walmart Canada Realty Inc. and 6 other vendors
    • Calloway REIT in connection with various issuances of debentures
    • Ventas Inc. on its $980 million acquisition of 29 independent living seniors housing communities from Holiday Retirement Corp.
    • Ventas, Inc. in connection with the issuance of $650 million aggregate principal amount of senior notes by its wholly-owned subsidiary, Ventas Canada Financial Limited, pursuant to a Canadian private placement
    • OPTrust in connection with its co-investment in Dental Corporation of Canada Holdings Inc.
    • OPTrust in connection with its co-investment in St. George’s University
    • The ADT Corporation in its $555 million acquisition of Reliance Protectron from Alinda Capital
    • DSW Inc. in its agreement to purchase an approximately 49% interest in Town Shoes Limited

    • Penfund in connection with its investment in Mevotech L.P.

    • Chemtrade Logistics Income Fund in its US $860 million acquisition of General Chemical Holding Company

    • Cara Operations Limited in connection with its recapitalization transaction including the acquisition of Prime Restaurants Inc.

    • Chartwell Seniors Housing Real Estate Investment Trust in connection with its $931 million acquisition of a Canadian seniors housing portfolio in a 50/50 co-ownership with Health Care REIT, Inc.

    • Target Corporation, in connection with a $1.825 billion acquisition in Canada and establishment of its Canadian operations

    • Chemtrade Logistics Income Fund in its acquisition of Marsulex Inc.

    • Sterling Partners and Canada Pension Plan Investment Board, in connection with their $324 million acquisition of the assets of Livingston International Income Fund.

  • Find More

  • Law Help Ontario, Volunteer

  • Law Society of Ontario
  • Canadian Bar Association
  • Ontario Bar Association

  • Notional Expenses of a Permanent Establishment: the OECD Rewrites Article 7, XIV:1 (2011) (co-authored with Matias Milet)