Representative Work Representative Work

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

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