Fulcrum Capital Partners acquired the mid-market mezzanine lending and private equity investment operations of HSBC Capital (Canada) Inc. from HSBC Bank Canada. Led by former employees of HSBC Capital, Fulcrum Capital Partners now manages over $700 million, with a focus on providing flexible private equity, mezzanine and bridge financing to entrepreneurial business in Canada. The management buy-out in Canada was completed in conjunction with HSBC's divestiture of private equity businesses in Hong Kong, the United Kingdom, the United States and the Middle East.
Fulcrum Capital Partners was represented by a team from Davies Ward Phillips & Vineberg LLP comprising Patrick Barry, Brooke Jamison and Megan McLeese (corporate) and Raj Juneja (tax), with assistance from a team from Lawson Lundell LLP comprising Greg Hollingsworth, Randall Chatwin, Lana Shipley and Brian Fulton (corporate) and Irv Laskin and Mandeep Dhaliwal (lending).
HSBC Capital was represented by a team from McCarthy Tétrault LLP comprising Cam Belsher, Robin Mahood, Catherine Anderson, Grant Boyle and Jonathan Duckles (corporate), Barry Ryan (regulatory) and TJ Kang and Wendy Brousseau (tax).