Tax

Neo Financial Technologies in its raising of $362 million in Series D financing

On November 11, 2024, Neo Financial Technologies announced its raising of $362 million in a Series D financing round. This financing is composed of $112 million of equity and $250 million in debt. The company plans on utilizing the funding towards expanding its offerings to Canadians. The...

Lead Office: Toronto Date Announced: Nov 11, 2024 Value: $362 million

Aviation Starlink Inc. and its affiliates in the acquisition of certain assets of affiliates of Chrono Aviation Inc., and related equity investment and debt financing

On November 8, 2024, Aviation Starlink Inc. and its affiliates closed the acquisition of certain assets of Services Aériens Lux Inc. and other affiliates of Chrono Aviation Inc. and, in connection with the acquisition, closed related equity investments and debt financing of the Chrono Group. The...

Lead Office: Montreal Date Announced: Nov 16, 2024 Value: --

Chartwell in its $150-million debentures offering

On October 28, 2024, Chartwell Retirement Residences (Chartwell) closed its previously announced issuance of $150 million of 4.400% Series D senior unsecured debentures. The offering was completed on an agency basis through a syndicate of investment dealers led by TD Securities, BMO Capital...

Lead Office: Toronto Date Closed: October 28, 2024 Value: $150 million

BC Partners in connection with its definitive agreement to sell a majority of its equity interest in Garda World Security Corporation

Osler advised BC Partners in connection with the entering into of a definitive agreement to sell a majority of its equity interest in Garda World Security Corporation in a transaction which values GardaWorld at $13.5 billion. Pursuant to the transaction, Stephan Crétier,...

Lead Office: Montreal Date Announced: Oct 28, 2024 Value: $13.5 billion

General Motors Corporation in its joint venture with Lithium Americas Corp.

On October 16, 2024, General Motors Corporation announced its joint venture with Lithium Americas Corp. for the purposes of developing the Thacker Pass project whereby GM is investing US$625 million for a 38% asset level ownership interest in Thacker Pass. As part of the transaction, GM has also...

Lead Office: Vancouver Date Announced: Oct 16, 2024 Value: US$625 million

Cygnus Metals in its business combination agreement with Doré Copper Mining Corp. for $24 million

On October 15, 2024, Cygnus Metals announced its business combination agreement with Doré Copper Mining Corp. for a total value of $24 million.  This merger will offer the funding, expertise and strategy for superior shareholder returns through the brownfields exploration and operations in...

Lead Office: Vancouver Date Announced: Oct 15, 2024 Value: $24 million

BDC Capital in connection with Cyclic Material’s $71-million Series B financing round

On September 25, 2024, Cyclic Materials announced it raising of $71 million of Series B financing. This all-equity, all-primary financing round was led by ArcTern Ventures and included BDC Capital’s Climate Tech Fund, Hitachi Ventures, Zero Infinity Partners, Climate Investment, Microsoft...

Lead Office: Montreal Date Announced: Sep 25, 2024 Value: $71 million

Difenda in its acquisition by Quorum Cyber

On September 13, 2024, Quorum Cyber announced its acquisition of Difenda. Collectively the companies will strengthen their leadership position as a leader of Microsoft Security services and accelerate its global expansion and scale meaningfully into new regions. Difenda is a Microsoft Security...

Lead Office: Toronto Date Announced: Sep 13, 2024 Value: --

Agilysys in its US$150-million acquisition of Book4Time

On August 20, 2024, Agilysys announced that it has acquired Book4Time for US$150 million. The acquisition will increase the portfolio of digital products and services Agilysys offers customers globally. Agilysys operates as a leading provider of hospitality software solutions and...

Lead Office: Toronto Date Announced: Aug 20, 2024 Value: US$150 million

Cents in its acquisition of Laundroworks

On August 8, 2024, Cents announced it had acquired Laundroworks, a hardware-based payments system powering how consumers pay for laundry at laundromats and shared laundry rooms within multi-family buildings, hotels, universities and more, to reinforce its existing hardware product line. Cents...

Lead Office: Toronto Date Announced: Aug 8, 2024 Value: --