Representative Work Representative Work

Tulip in its secured financing by BDC Capital

On November 26, 2020, Tulip announced it secured its growth capital financing by BDC Capital. Tulip will use the financing as capital to accelerate research and development, grow its sales, and further expand into global markets. The financing will allow Tulip to invest in product and...

Lead Office: Toronto Date Closed: November 26, 2020 Value: -

Robin Media in its acquisition by Thuzio

On November 25, 2020, Thuzio completed its acquisition of Robin Media. The integration of Robin Media’s technology to Thuzio’s content, events and virtual experiences will build a market-leading platform for corporate entertainment and drive growth across North America. The...

Lead Office: Toronto Date Closed: November 25, 2020 Value: -

Ontario Teachers’ Pension Plan Board in Intact Financial Corporation’s acquisition of RSA Insurance Group

On November 12, 2020, Intact Financial Corp. announced that it had entered into subscription agreements with Caisse de dépôt et placement du Québec, Canada Pension Plan Investment Board and Ontario Teachers’ Pension Plan Board to provide financing totaling $3.2 billion to support Intact’s...

Lead Office: Toronto Date Closed: November 25, 2020 Value: $3.2 billion

MHR Fund Management LLC in Telesat Canada’s going public transaction

On November 24, 2020, Telesat Canada announced it entered into an agreement with Loral Space & Communications Inc. (Loral) and Public Sector Pension Investment Board (PSP Investments) pursuant to which Telesat Canada and Loral will become subsidiaries of Telesat Corporation (Telesat), a...

Lead Office: Calgary Date Closed: November 24, 2020 Value: -

Tulip in its acquisition of Timekit

On November 24, 2020, Tulip announced it has completed its acquisition of Timekit. The acquisition will position Tulip to drive digital transformation and enable enterprise retailers around the world to enhance connected customer experiences through real-time scheduling, personalizing store...

Lead Office: Toronto Date Closed: November 24, 2020 Value: -

The lenders in Ontario Power Generation’s US$750 million revolving credit facility

On December 17, 2020, Ontario Power Generation announced its US$750 million Senior Unsecured revolving standby credit facility. Mizuho Bank acted as administrative agent and sole lead arranger and Royal Bank of Canada acted as Sustainability Structuring Agent. The facility is the first time a...

Lead Office: Toronto Date Closed: November 24, 2020 Value: US$750 million

Suncor Energy Inc. in its takeover of day-to-day operations at Syncrude oil sands mining joint venture

On November 23, 2020 Suncor Energy Inc. (through 2 Affiliates), together with the other Syncrude joint venture owners: Imperial Oil Resources Limited, CNOOC Oil Sands Canada, and Sinopec Oil Sands Partnership, have agreed in principle for another Suncor Affiliate to take over the...

Lead Office: Calgary Date Closed: -- Value: -

Luge Capital in its US$2.9 million financing to Aya Payments

On November 21, 2020, Aya Payments completed its US$2.9 million financing led by Luge Capital, MaRS IAF, Anthemis, BDC Capital, StandUp Ventures and private investors. Aya Payments builds payment tools and programs for employee benefits packages. The investment will provide easier solutions...

Lead Office: Toronto Date Closed: November 21, 2020 Value: US$2.9 million

Setter in its acquisition by Thumbtack

On December 8, 2020, Setter announced its acquisition by Thumbtack. The acquisition will allow Thumbtack to provide one of the first personalized maintenance services for homeowners in the US which will allow homeowners to plan, budget and complete projects. The acquisition is also expected...

Lead Office: Toronto Date Closed: November 21, 2020 Value: -

Axelar in its US$3.75 million financing round

Axelar completed its US$3.75 million seed funding round. The financing was led by Silicon Valley investors including DCVC, Binance X, Lemniscap, Collab+Currency, North Island Ventures, Divergence Ventures and Cygni Labs. The funding will be used to accelerate project development and to...

Lead Office: Toronto Date Closed: November 20, 2020 Value: US$3.75 million