Representative Work Representative Work

Properly in its $100 million financing round

On September 30, 2020, Properly completed its $100 million financing round led by Silicon Valley Bank and i80 Group. The credit facility will allow Properly to purchase homes from its customers, a capital heavy expense and key aspect to the company’s offering. The offering was made...

Lead Office: Toronto Date Closed: September 30, 2020 Value: $100 million

7Geese in its acquisition by Paycor

On September 29, 2020, Paycor announced it has acquired 7Geese. The acquisition will fully integrate 7Geese’s platform into Paycor’s product portfolio, allowing customers to focus on their employees. The transaction also furthers Paycor’s leadership in the Human Capital...

Lead Office: Vancouver Date Closed: September 29, 2020 Value: -

Rhino Ventures in Thinkific’s $22 million growth financing

On September 29, 2020,  Thinkific announced that it had completed its $22 million growth financing round. The financing was led by early investor Rhino Ventures and will be used to accelerate product innovation. The funding will also be used to triple Thinkific’s workforce as the...

Lead Office: Vancouver Date Closed: September 29, 2020 Value: $22 million

Just Energy Group Inc. in connection with its $1.1 billion recapitalization transaction

Osler, Hoskin & Harcourt LLP advised Just Energy Group Inc. (“Just Energy”) in connection with its $1.1 billion recapitalization transaction (the “Recapitalization Transaction”) pursuant to a plan of arrangement under the Canada Business Corporations Act (the...

Lead Office: Toronto Date Closed: September 28, 2020 Value: $1.1 billion

Animalcare in its agreement with Kane Biotech to form STEM Animal Health Inc.

On September 28, 2020, Animalcare entered into an agreement with Kane Biotech to form a new subsidiary, STEM Animal Health Inc. The agreement will enable Animalcare and Kane Biotech to collaborate on the development of new biofilm treatments for animals. The agreement will also allow...

Lead Office: Toronto Date Closed: September 28, 2020 Value: $9 million

Stuart Olson - The Board of Directors of Stuart Olson in the company’s acquisition by Bird Construction

On July 29, 2020, Bird Construction Inc. and Stuart Olson Inc. entered into an agreement under which Bird Construction will acquire Stuart Olson for an aggregate consideration of $96.5 million. The transaction was unanimously approved by the Boards of Directors of both companies and will...

Lead Office: Calgary Date Closed: September 25, 2020 Value: $96.5 million

Zenabis Global Inc. in its completed public offering of units

On September 23, 2020, Zenabis Global Inc. completed its marketed offering of units for aggregate gross proceeds of $7,592,009. The offering was made through a syndicate of agents led by ATB Capital Markets Inc. and including Eight Capital. The proceeds from the offering will be used for...

Lead Office: Vancouver Date Closed: September 23, 2020 Value: $7.6 million

Bristol Myers Squibb in its acquisition of Forbius

On August 24, 2020, Bristol Myers Squibb entered into a definitive agreement to acquire Forbius. The acquisition will allow Bristol Myers Squibb to extend its leading position in oncology and include new pathways to serve more patients. Under the transaction Bristol Myers Squibb will...

Lead Office: Montreal Date Closed: September 21, 2020 Value: -

SP Armow Wind Ontario LP in its $700 million financing

On September 21, 2020, SP Armow Wind Ontario LP completed its $700 million financing in non-recourse debt to finance working capital requirements for the Armow wind farm in Canada. SP Armow Wind Ontario LP is a 50/50 joint venture comprising of Pattern Energy Group and Samsung Renewable Energy...

Lead Office: Toronto Date Closed: September 21, 2020 Value: $700 million

Pipestone Energy Corp. in its $70 million convertible preferred share financing with Riverstone

On September 17, 2020, Pipestone Energy Corp. closed its previously announced convertible preferred share financing with Riverstone Pipestone LP, certain hedge fund and private client accounts of GMT Capital Corp., and GMT Exploration Company LLC for expected proceeds of approximately $67...

Lead Office: Calgary Date Closed: September 17, 2020 Value: $70 million