Representative Work Representative Work

Suncor in its US$15 million investment in LanzaTech

On June 20, 2020, Suncor completed a US$15 million investment in LanzaTech, the global leader in gas fermentation technology. The funds will be used to build a demonstration plant that will produce 10 million gallons per year of sustainable aviation fuel and renewable diesel. Suncor Energy...

Lead Office: Calgary Date Closed: June 20, 2020 Value: US$15 million

ThoughtWire in its minority investment by Canadian Business Growth Fund

On June 18, 2020, Canadian Business Growth Fund (CBGF) announced its minority investment in ThoughtWire. The funding will be used to help fund platform development, customer success and for sales and marketing initiatives. ThoughtWire’s technology platform is used in property...

Lead Office: Toronto Date Closed: June 18, 2020 Value: -

First Nations Finance Authority in its $240 million offering of Senior Secured Bonds

On June 16, 2020, First Nations Finance Authority (“FNFA”) completed its offering of a $240 million principal amount of new 1.71% Senior Secured Bonds due June 2030. The offering was made through an underwriting syndicate comprised of National Bank Financial Inc., Laurentian...

Lead Office: Vancouver Date Closed: June 16, 2020 Value: $240 million

Foursixty in its acquisition by WeCommerce

On June 11, 2020, Foursixty announced it has been acquired by WeCommerce for an undisclosed sum. Foursixty counts thousands of the world’s most popular direct to consumer brands such as Fashion Nova, Pure Vida Bracelets, Knix, MVMT Watches, Mejuri and Skims as customers. The...

Lead Office: Toronto Date Closed: June 12, 2020 Value: -

Abacus Health Products in its acquisition by Charlotte’s Web

On March 23, 2020, Abacus Health Products and Charlotte’s Web Holdings entered into a definitive arrangement agreement whereby Charlotte’s Web will acquire all issued and outstanding subordinate voting shares of Abacus for a total equity consideration of approximately $99...

Lead Office: Montreal Date Closed: June 11, 2020 Value: $99 million

The underwriters in Teranet Holdings’ $550 million debt offering

On June 11, 2020, Teranet Holdings LP completed a $550 million debt offering of 3.544% senior notes due 2025. The notes were offered through a syndicate of agents led by CIBC World Markets Inc. and RBC Capital Markets. Teranet Holdings LP is the exclusive provider of the Ontario Electronic...

Lead Office: Toronto Date Closed: June 11, 2020 Value: $550 million

Firelight Infrastructure Partners LP in the sale of a 67MW portfolio of renewable energy projects

On June 10, 2020, Firelight Infrastructure Partners LP completed the sale of its interests in a 67MW portfolio including three utility-scale ground-mounted solar generating products in Ontario and four wind farm generating projects in Nova Scotia, to Potentia Renewables Inc. The portfolio...

Lead Office: Toronto Date Closed: June 10, 2020 Value: -

Canadian Business Growth Fund in its minority equity investment in Proposify

On June 9, 2020, Canadian Business Growth Fund (CBGF) announced its minority equity investment in Proposify. The funding will be used to help the company prepare for future growth and ensure its success continues post pandemic. The investment will also enable Proposify to benefit from...

Lead Office: Toronto Date Closed: June 9, 2020 Value: -

J.D. Irving Limited in its successful appeal of Revenu Québec’s reassessments

On June 9, 2020, J.D. Irving Limited was successful in its appeal of Revenu Québec’s reassessments. The reassessments had applied technical tax regulations to deny the taxpayer the benefit of a related group loss consolidation transaction and were premised on recharacterizing the legal...

Lead Office: Montreal Date Closed: June 9, 2020 Value: -

The underwriters in the US$45.54-million cross-border secondary offering of common shares of Maverix Metals Inc. by Pan American Silver Corp.

On June 5, 2020, Maverix Metals Inc. (Maverix) and Pan American Silver Corp. (Pan American) announced the closing of a previously announced overnight marketed secondary offering of common shares of Maverix held by Pan American, including the exercise in full of the underwriters’ overallotment...

Lead Office: Vancouver Date Closed: June 5, 2020 Value: US$45.54 million