Representative Work Representative Work

Artificial Agency in its $17-million Seed funding round

On July 18, 2024, Artificial Agency announced it raised $17 million in a Seed funding round that was led by Radical and Toyota Ventures. This round also had participation from Flying Fish VC and BDC Capital’s Deep Tech Fund and had follow-on support from Tirta and Kaya. The financing will be...

Lead Office: Calgary Date Announced: July 18, 2024 Value: $17 million

Penfund in connection with TorQuest’s acquisition of Mevotech

Osler advised Mevotech LP and its owner Penfund in connection with TorQuest’s acquisition of Mevotech. Mevotech is a North American leader in the engineering and design of driveline, steering, and suspension parts for the auto aftermarket. Penfund is a leading provider of capital to middle...

Lead Office: Toronto Date Announced: July 15, 2024 Value: --

PathFactory in its strategic acquisition of Uberflip

On July 15, 2024, PathFactory announced its strategic acquisition of UberFlip, which was conducted through a stock-for-stock transaction. The combined entity, which will lead under the PathFactory name will be strongly positioned to equip B2B buyers. PathFactory is a prominent content...

Lead Office: Toronto Date Announced: July 15, 2024 Value: --

Canada Growth Fund in connection with its strategic partnership with Gibson Energy and Varme Energy

On July 11, 2024, Canada Growth Fund Inc., Gibson Energy Inc. and Varme Energy Inc. announced a strategic partnership to accelerate the development of Canada’s first waste-to-energy facility with carbon capture technology. The proposed facility would be constructed though the partnership and...

Lead Office: Calgary Date Announced: July 11, 2024 Value: --

e-Zinc in its raising of US$31 million in an oversubscribed Series A2 round led by Evok Innovations

On June 27, 2024, e-Zinc announced it raised US$31 million on an oversubscribed Series A2 round led by Evok Innovations. This round also saw participation from Mitsubishi Heavy Industries, Export Development Canada, Ultratech Capital Partners, Toyota Ventures, Eni Next, Anzu Partners, BDC...

Lead Office: Toronto Date Announced: June 27, 2024 Value: US$31 million

Chartwell in its $345 million trust unit offering

On June 27, 2024, Chartwell Retirement Residences (Chartwell) announced the closing of its previously announced public offering of 28,290,000 trust units at a price of $12.20 per unit for total gross proceeds of approximately $345 million. The financing was completed on a bought deal basis through...

Lead Office: Toronto Date Announced: June 27, 2024 Value: $345 million

ADENTRA Inc. in its Bought Deal Public Offering of Common Shares

On June 12, 2024, ADENTRA Inc. completed its bought deal public offering of 2,582,900 common shares for aggregate gross proceeds of $100,087,375. The offering was conducted by a syndicate of underwriters with National Bank Inc. and Cormark Securities Inc. acting as co-bookrunners. ADENTRA is...

Lead Office: Vancouver Date Announced: June 12, 2024 Value: Approximately $100.09 million

Cedar LNG announces positive final investment decision (FID) on Cedar LNG Project, a landmark US$3.4B initiative

On June 25, 2024, Cedar LNG announced a positive final investment decision on the Cedar LNG Project, a floating liquefied natural gas facility located in the traditional territory of the Haisla Nation, on Canada’s West Coast. This project, valued at approximately US$3.4B with a nameplate...

Lead Office: Vancouver Date Announced: June 25, 2024 Value: US$3.4 billion

Alexi in its $15 million Series A Financing Round

On June 10, 2024, Alexi announced it raised $15 million in a Series A Financing round. This round was led by Drive Capital and saw participation from existing investors including Draper Associates. The funding will be utilized towards hiring initiatives across various departments and towards...

Lead Office: Toronto Date Announced: June 10, 2024 Value: $15 million

Parity Inc. in its securing of $25 million of Series B Funding

On June 12, 2024, Parity Inc. announced that it closed its $25 million Series B financing round led by Idealist Capital, joining current investors ArcTern Ventures, Wyse Meter Solutions, and RET Ventures. The proceeds of this financing will be used towards advancing the creation of...

Lead Office: Montreal Date Announced: June 12, 2024 Value: $25 million