Representative Work Representative Work

L Brands with its sale of the La Senza business to Regent LP

On January 6, 2019, L Brands completed the sale of La Senza, a Canadian luxury intimate apparel retailer, to Regent LP., a global private equity firm focused on innovating and transforming businesses. L Brands, Inc., listed on the 2018 Fortune 500 list of largest US companies by revenue, is an...

Lead Office: Montreal Date Closed: January 6, 2019 Value: -

Pipestone Oil Corp. in its strategic merger with Blackbird Energy Inc. and $309.5 million in equity and debt financings to form Pipestone Energy Corp.

On January 4, 2019 Blackbird Energy Inc. and Pipestone Oil Corp. announced the completion of their previously announced strategic merger. Concurrent with the transaction, Blackbird and Pipestone Oil have closed equity financings totaling $111.0 million with certain existing shareholders and...

Lead Office: Calgary Date Closed: January 4, 2019 Value: $310 million

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

On January 4, 2019, CAP REIT completed its previously announced issue and sale of 5,500,000 units for $45.50 per unit for aggregate gross proceeds of $250,250,000. The offering was sold through a syndicate of underwriters led by RBC Capital Markets on a bought-deal basis. CAPREIT plans to use the...

Lead Office: Toronto Date Closed: January 4, 2019 Value: $250 million

KPMG Inc. in connection with Gymboree Inc.’s proceedings under the Bankruptcy and Insolvency Act

On January 17, 2019, Gymboree, Inc. (“Gymboree Canada”), the Canadian operating entity of the Gymboree group of companies (the “Gymboree Group”), filed a Notice of Intention to Make a Proposal pursuant to subsection 50.4(1) of the Bankruptcy and Insolvency Act. KPMG Inc....

Lead Office: Toronto Date Closed: -- Value: -

Alvarez & Marsal Canada Inc., as Receiver to Erwin Hymer Group North America Inc., announces proposed acquisition of Roadtrek RV brand by Rapido SAS

On April 15, 2019, Rapido Group announced that it signed a binding letter of intent to acquire substantially all of the assets related to the Roadtrek RV brand, an operating division of Erwin Hymer Group North America Inc. ("EHGNA"), a company in the midst of receivership proceedings. On...

Lead Office: Toronto Date Closed: -- Value: -

Neptune Wellness Solutions in its proposed acquisition of SugarLeaf for up to US$150 million

On May 9, 2019,  Neptune Wellness Solutions announced the signing of a definitive agreement to acquire substantially all of the assets of SugarLeaf Labs and Forest Remedies (collectively, "SugarLeaf") for a maximum aggregate purchase price of up to US$150 million. Neptune's...

Lead Office: Montreal Date Closed: -- Value: US$150 million

TD Bank in connection with Air Canada’s acquisition of Aimia Canada

On November 26, 2018, Air Canada with the financial support of its partners, The Toronto-Dominion Bank, Canadian Imperial Bank of Commerce, and Visa Canada Corporation entered into a definitive share purchase agreement for the acquisition of Aimia Canada Inc., owner and operator of the Aeroplan...

Lead Office: Toronto Date Closed: January 1, 2019 Value: $450M cash and $1.9B of Aeroplan Miles liability

Bennett v. Hydro One Inc. et al

Osler successfully defeated a class action against Hydro One Inc., that claimed that its 1.3 million customers were overbilled since 2013. The case followed high profile criticism of the 2013 launch of Hydro One’s billing and customer service systems – including investigation...

Lead Office: Toronto Date Closed: December 31, 2018 Value: -

Quad-C Management on its investment in S.i. Systems

On December 20, 2018,  Quad-C Management completed an investment in S.i. Systems for an undisclosed amount. S.i. Systems is the largest IT staffing company headquartered in Canada. Headquartered in Virginia, Quad-C is a middle market private equity firm focused on investing in...

Lead Office: Toronto Date Closed: December 20, 2018 Value: -

Flashfood in its Seed Preferred Share financing

On February 27, 2019, Flashfood announced the completion of its Seed financing round led by General Catalyst for an undisclosed amount. Flashfood will use the proceeds to expand its operations and staff to meet increasing consumer demands. In connection with the financing round, Flashflood also...

Lead Office: Toronto Date Closed: December 20, 2018 Value: -