Representative Work Representative Work

Plooto in its $8 million Series A financing

On April 21, 2021, Plooto, an all-in-one automated accounts payable & receivable software, announced it had completed a $8 million Series A financing round, led by FINTOP Capital. The recent financing round brings Plooto’s capital to $15 million. The new funds raised will go...

Lead Office: Toronto Date Closed: April 21, 2021 Value: $8 million

Credit Suisse in its capacity as agent for the first lien lenders to Dominion Diamond Mines ULC

On April 21, 2021, Dominion Diamond Mines ULC was granted protection under the Companies’ Creditors Arrangement Act. Credit Suisse AG, Caymen Islands Branch, was named agent for the first lien lenders to Dominion. Following a failed sale transaction that resulted from Dominion’s sale and...

Lead Office: Toronto Date Closed: April 21, 2021 Value: -

Toronto Transit Commission in connection with the Toronto-York Spadina Subway Extension

Osler is representing the Toronto Transit Commission (TTC) in multiple litigation claims involving construction and design of the Toronto-York Spadina Subway Extension Project.  The Toronto-York Spadina Subway Extension provides a critical extension for the existing Toronto Transit...

Lead Office: Toronto Date Closed: -- Value: $368 million

Absorb in its US$500 million acquisition by Welsh, Carson, Anderson & Stowe

On April 20, 2021, Absorb Software, a learning technology company based in Calgary, announced its US$500 million acquisition by Welsh, Carson, Anderson & Stowe. The funding from the acquisition will allow Absorb to accelerate its growth through investments in product innovation and...

Lead Office: Toronto Date Closed: April 20, 2021 Value: US$500 million

Clearco in its US$100 million Series C Financing

On April 20, 2021, Clearbanc, the world's largest e-commerce investor, announced a rebrand and a US$100 million Series C equity funding. This funding brings the company’s valuation to almost $2 billion, while also achieving the “unicorn” status; a private company with...

Lead Office: Toronto Date Closed: April 20, 2021 Value: US$100 million

Perpetua in its US$52 million acquisition by Ascential

On April 15, 2021, Perpetua completed its acquisition by Ascential. The acquisition will add Perpetua to Ascential’s digital commerce segment and will expand the business to include serving third party sellers. The transaction was for an initial US$52 million in cash, and includes...

Lead Office: Toronto Date Closed: April 15, 2021 Value: US$52 million

Aceto in its acquisition of A&C

On April 15, 2021, Aceto, a global provider of specialty materials in the life sciences and advanced technology markets, announced its acquisition of A&C, a GMP (Good Manufacturing Practices) manufacturer specializing in providing pharmaceutical ingredients to the global life sciences...

Lead Office: Montreal Date Closed: April 15, 2021 Value: -

Awesense Wireless in its defence of a patent infringement action brought by dTechs EPM Ltd. against Awesense and British Columbia Hydro and Power Authority

In December 2020, Osler represented defendant Awesense Wireless at the trial of a patent infringement action brought by dTechs EPM Ltd. against Awesense and British Columbia Hydro and Power Authority. The case related to the use of technology for detecting power losses in an electrical...

Lead Office: Toronto Date Closed: April 14, 2021 Value: -

Drax Group plc in its acquisition of Pinnacle Renewable Energy

On April 13, 2021, Drax Group plc completed its all-cash acquisition of all of the issued and outstanding shares of Pinnacle Renewable Energy Inc. at a price of $11.30 per share (representing a premium of 13% based on the closing market price as at February 5, 2020 of $10.04 per share and valuing...

Lead Office: Toronto Date Closed: April 13, 2021 Value: $741 million

Loopio in its US$200 million strategic investment

On April 8, 2021, Loopio, a software firm specializing in RFP responses for growth-focused companies, received a strategic investment of US$200 million from Sumeru Equity Partners and affiliates. Loopio will use the capital to accelerate product development, customer acquisition and hiring....

Lead Office: Toronto Date Closed: April 8, 2021 Value: US$200 million