American Industrial Partners (“AIP”) successfully completed the sale of all of the Canam group’s Canadian operations, as well as certain assets in the U.S. and overseas, to the Dutil family, Caisse de dépôt et placement du Québec and Fonds de solidarité des travailleurs du Québec (F.T.Q.), for an enterprise value of more than $840 million.
Stikeman Elliott LLP represented AIP with a team that included Sidney Horn, Barbara Sheng, Laurence Cromp-Lapierre, Jordan Dawson, Evara David, Simon Ledsham (M&A), Luc Bernier, Adam Drori (tax), Michael Kilby, Victoria Hale (competition), Jonathan Auerbach (IP) and Howard Rosenoff (financing).
Ropes & Gray LLP represented AIP in the U.S. with a team that included Daniel Evans, Bob Rivollier, Vernie Hsu, MK Han, Winne Kloo and Rory Henry (corporate) and Stefanie Birkmann, Salley Kim, Haley Ratner, Patrick MacDonald and Andrew Hogan (financing).
Canam was represented by Louis Guertin, vice president, legal affairs and secretary.
Caisse de dépôt et placement du Québec was represented by Sophie Lussier, vice president, legal affairs, investment and Stéphanie Terriault, legal counsel, investment.
Fonds de solidarité des travailleurs du Québec (F.T.Q.) was represented by Jodi Lackman, legal counsel.
Norton Rose Fulbright Canada LLP
represented the consortium formed by the Dutil family, Caisse de dépôt et placement du Québec and Fonds de solidarité des travailleurs du Québec (F.T.Q.) both in the context of the acquisition of Canam group’s Canadian operations and of certain assets, and in the context of the concurrent debt and equity financings of such acquisition, with a team that included Paul Raymond
, Vincent Filiatrault, Renée Loiselle (M&A), Derek Chiasson
, Marc-Olivier Plante (tax), Michele Friel, Louis Roy, Jean-Nicolas Prévost, Josh White, Jean-Philippe Pelletier, Marie-France Gagné, Camille Gibeault (financing), Nikita Stepin (IP), Thierry Dorval
and Alexane Samson (competition).