Representative Work Representative Work

Symend in its $73 million Series B financing round

On May 7, 2020, Symend completed its $73 million Series B financing round led by Inovia Capital’s growth fund. The financing round is one of the largest Series B rounds in recent Alberta history. The funding will be put towards Symend’s customer engagement platform, designed to better connect...

Lead Office: Toronto Date Closed: May 7, 2020 Value: $73 million

Xello in its investment from Canadian Business Growth Fund

On May 7, 2020, Xello announced it has received a minority equity investment from the Canadian Business Growth Fund. The investment will provide Xello with capital, guidance and expertise to execute its growth plans. The funding will also help fuel continuing enhancements to its...

Lead Office: Toronto Date Closed: May 7, 2020 Value: -

The Alberta Court of Appeal in the successful appeal of the Quarry Assessment Regime

On May 6, 2020, the Alberta Court of Appeal unanimously quashed a decision of the Director (Alberta Environment and Parks) that found no environmental impact assessment is required for a silica sand extraction project. A majority of the Court of Appeal further ordered that the Director...

Lead Office: Calgary Date Closed: May 6, 2020 Value: -

The Stars Group Inc. in its US$15-billion business combination with Flutter Entertainment plc

Osler, Hoskin & Harcourt LLP acted as Canadian corporate and tax counsel to The Stars Group Inc. with a corporate team led by Eric Levy and consisting of Bastien Gauthier, Jeremy Brisset, Jean-Philippe Bertrand, Daniel Stysis and Erick Lauzière. Manon Thivierge led the Tax team which...

Lead Office: Montreal Date Closed: May 5, 2020 Value: US$15 billion

Boosted.ai in its $8 million Series A financing round

On May 5, 2020, Boosted.ai completed its $8 million Series A financing round led by Portag3 Ventures. The funding will be used to enhance Boosted.ai’s proprietary machine learning platform, Boosted Insights. Boosted Insights is a first-to-market AI platform that allows portfolio...

Lead Office: Toronto Date Closed: May 5, 2020 Value: $8 million

ApplyBoard in its CAD $100 million Series C financing round

On May 4, 2020, ApplyBoard completed its CAD $100 million Series C financing round led by Drive Capital. The financing round places ApplyBoard at a CAD $2 billion valuation, making it the latest Canadian tech company to reach Unicorn status: a private company with a valuation of over US $1...

Lead Office: Toronto Date Closed: May 4, 2020 Value: CAD$100 million

Teva Canada in its successful patent proceeding

In May 2020, Osler successfully represented Teva Canada in a multi-party patent proceeding. The case involved the drug rivaroxaban (XARELTO), a significant product with significant sales in Canada. The trial judge ordered a common hearing of Teva’s case which would have negated...

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

Nova Scotia Power Inc. in its $300 million notes offering

On April 24, 2020, Nova Scotia Power Inc. completed its offering of $300 million 3.307% unsecured notes due April 2050. The offering was made through a syndicate of agents led by Scotia Capital Inc. and was made on a private placement basis. The proceeds will be used primarily to refinance...

Lead Office: Toronto Date Closed: April 24, 2020 Value: $300 million

FundThrough in its $8 million Series A extension

On April 19, 2020, FundThrough announced it has raised $8 million in its Series A extension led by Urbana Corp and David Mirvish. FundThrough uses online factoring which offers quick financing to small businesses for work they’ve already preformed and invoiced, granting immediate cash...

Lead Office: Toronto Date Closed: April 19, 2020 Value: $8 million

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

On April 17, 2020, The Bank of Nova Scotia completed its US$1.25 billion offering. The 1.625% senior unsubordinated unsecured notes are due 2023 and the proceeds will be used for general corporate purposes. The Bank of Nova Scotia is a leading financial institution in Canada and a financial...

Lead Office: Toronto Date Closed: April 17, 2020 Value: US $1.25 billion