Representative Work Representative Work

Investissement Québec investment in Sollum Technologies’ $2.7 million financing round

On June 3, 2020, Sollum Technologies completed its $2.7 million seed round led by Investissement Quebec. The financing will allow Sollum to accelerate product development and establish its technology in North America. The funding will also enable Sollum to deploy large scale tests and...

Lead Office: Montreal Date Closed: June 3, 2020 Value: $2.7 million

Canadian Business Growth Fund in its growth equity investment in MaxSold

On June 2, 2020, Canadian Business Growth Fund (CBGF) completed a growth equity investment in MaxSold. The funding will be used to expand investments in innovation and customer experience to accelerate MaxSold’s vision and invest in growing markets at a faster pace. CBGF is an...

Lead Office: Toronto Date Closed: June 2, 2020 Value: -

Utilities Kingston in its $30 million construction litigation dispute with North America Construction

Osler is advising Utilities Kingston on a complex, multi-issue $30 million construction litigation dispute with North America Construction, the general contractor, regarding disputes relating to a wastewater treatment plant upgrade. The parties are in ongoing litigation in respect of delay,...

Lead Office: Toronto Date Closed: -- Value: $30 million

Ritual in its CAD $29.8 million Series D financing round

On June 1, 2020, Ritual completed its CAD $29.8 million Series D financing round. The funding will be used to continue operations following the impact of COVID-19. Ritual will also use the funding to focus on innovation as it launched a new commission free online ordering tool, Ritual ONE....

Lead Office: Toronto Date Closed: June 1, 2020 Value: CAD $29.8 million

Fusion Pharmaceuticals in its $212.5 million IPO

On June 25, 2020, Fusion Pharmaceuticals announced the pricing of its initial public offering of 12,500,000 common shares at a public offering price of $17.00 per share. All of the shares are being offered by Fusion. The gross proceeds of the offering, before deducting underwriting discounts and...

Lead Office: Toronto Date Closed: June 1, 2020 Value: $212.5 million

HOCHTIEF PPP Solutions North America, LLC in its sale of a 25% interest in the Stanton Territorial Hospital Renewal Project

In June 2020, HOCHTIEF PPP Solutions North America, LLC Completed its sale of a 25% interest in the Stanton Territorial Hospital Renewal Project. The Stanton Territorial Hospital Renewal Project is based in the Northwest Territories and included the construction of a new...

Lead Office: Toronto Date Closed: June 1, 2020 Value: -

Acting for KKR and AIMCo in their joint acquisition of a combined 65% equity interest from TC Energy in the $6.8B Coastal GasLink Pipeline Project

On December 26, 2019, KKR announced the signing of an agreement (alongside Alberta Investment Management Corporation) to acquire a 65% equity interest in the Coastal GasLink Pipeline Project from TC Energy Corporation. KKR’s investment will be made through a separately managed...

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

Sensibill in its $5 million debt financing

On May 22, Sensibill secured $5 million in debt financing from CIBC Innovation Banking. The growth funding will be used to support Sensibill’s plans for strategic growth. Sensibill provides digital receipt management and SKU-level data that helps institutions better understand and...

Lead Office: Vancouver Date Closed: May 22, 2020 Value: $5 million

WealthBar Executives in their equity sale to CI Financial Corp.

On May 21, 2020, CI Financial Corp. announced the acquisition of a 25% equity stake in WealthBar from the WealthBar executive team. The transaction increases CI Financial’s ownership of WealthBar to 100% and will eventually allow WealthBar to be combined with Virtual Brokers to create...

Lead Office: Vancouver Date Closed: May 21, 2020 Value: -

Cytapex Bioinformatics in its acquisition by Insightful Science

On May 20, 2020, Insightful Science announced its acquisition of Cytapex Bioinformatics. The acquisition will add Cytapex to Insightful Science’s rapidly growing Bioinformatics division and will aid Insightful Science in the acceleration of scientific research and discovery through...

Lead Office: Vancouver Date Closed: May 20, 2020 Value: -