Home Hardware and Groupe Turcotte acquisition of Patrick Morin

On Feb. 17, 2021, Home Hardware Stores Limited and Groupe Turcotte acquired home improvement retailer Patrick Morin, which is based in the construction and renovation industry in Quebec and founded in 1960. The value of the acquisition is undisclosed.

The security package included mortgages on more than 20 real estate properties.

Dentons Canada LLP represented Desjardins, National Accounts in the syndicated financing of the acquisition with a team composed of
Joel Cabelli
Marie-Josée Couture,

Catherine Dostaler,
Bin Zeng,

Dominique Lévesque (banking and finance),
Mahsa Khoshbin,

Antonina Roudavina (real estate).

LJT Avocats represented Groupe Turcotte with a team composed of
Christian Joly,
Yves Emard,

Frédérique Brunet,
Barnoëla Pierre,

Julie Vincent.

Gowling WLG represented Home Hardware Stores Limited with a team composed of
Rafal Wrzesien
Stefan Nasswetter,

Abida Ludin (corporate);
Julie Lanteigne,

Alain Lalonde,
Fabienne Racicot (real estate);

Jean-François Vadeboncoeur (financing);
Bryce Kraeker (client relationship partner).

De Grandpré Chait LLP represented Patrick Morin with a team composed of
Marc-André Perreault,
Steffi Georges.

See the press releases here: