Grafikom Buys Quebecor's Canadian Facilities

On November 14, 2005, Grafikom LP completed the acquisition of six of Quebecor World Inc.'s Canadian facilities in a management buyout. The facilities specialize in commercial and specialty printing; Grafikom is now one of the largest commercial sheetfed, digital and specialty printing networks in Canada. The total purchase price of C$53 million, subject to certain adjustments, was financed by equity subscriptions by the private equity arm of Genuity Financial Group, certain institutional investors and members of management, together with senior debt financing from Bank of Montreal.

Grafikom was represented by Torys LLP with a team led by Cameron Koziskie that included Michael Akkawi, Guy Berman, Alfred Avanessy and Tyson Dyck (corporate and structure); Peter Birkness and Nadine Rockman (debt financing); Jane Helmstadter and Joanna Dybel (real estate); Christina Medland and Valerie Arthur (employment); and Len Griffiths and Michael Fortier (environmental).

Quebecor World was represented by in-house legal counsel Frédéric Despars, and by a team at Ogilvy Renault LLP that included Renaud Coulombe and Nathalie Proulx (corporate); Martin Rochette and Marie-Hélène Jetté (employment); Jules Charette (tax); Nicolas Labrecque (real estate and commercial); Paul Feuer (Competition Act and regulatory); and Richard King (environment).

Martin Houser of Harris, Sheaffer LLP represented the management group. Frank Guarascio and Mark Johnson of Blake, Cassels & Graydon LLP represented an institutional investor in connection with its equity investment. Bank of Montreal was represented by Borden Ladner Gervais LLP with a team that included Kevin McGrath, Catherine Bray and Nathan Chan.