79 Wellington St W, Suite 3000, Box 270, TD Ctr, Toronto, ON
Year called to bar: 1998 (ON)
Adam is recognized for his industry-leading experience in complex technology licensing and outsourcings, and is a trusted advisor for all stages of the technology procurement process. Co-head of Torys’ Technology Contracting practice, Adam advises clients on outsourcing transactions and on the licensing and conveyancing of hardware, software and other intellectual property. He has played a leading role on major technology outsourcings undertaken by clients and has a long history of running large-scale transactions and consortium arrangements for Canada’s major financial institutions. Adam is also the coordinator of Torys’ Corporate Department. In addition to his technology practice, he has extensive corporate and securities experience, supporting clients in public and private financings (including initial public offerings), shareholder arrangements, and mergers & acquisitions.
On October 2, 2015, Brookfield Asset Management Inc. (Brookfield) completed its previously announced Class A Preference Shares, Series 44 issue in the amount of $250 million. The offering, announced September 24, 2015, was underwritten by a syndicate led by Scotiabank, CIBC, RBC Capital Markets and TD Securities Inc.
On January 15, 2015, Brookfield Asset Management Inc. (Brookfield) completed its previously announced public offering of US$500 million aggregate principal amount of 4.000 per cent senior unsecured notes with a January 2025 maturity.
Brookfield Asset Management Inc. (Brookfield) completed its previously announced public offering of US$500 million aggregate principal amount of 4 per cent senior unsecured notes with a January 2025 maturity.
An affiliate of Mattamy Homes Ltd. acquired all of the issued and outstanding shares of Monarch Corporation, the Canadian operations of US homebuilder Taylor Morrison Home Corporation, for CAD$335 million at closing, subject to customary post-closing adjustments. Immediately prior to the closing, approximately C$235 million of cash at Monarch was distributed to a subsidiary of TMHC for total proceeds of C$570 million from the share sale. The transaction closed following the satisfaction of customary closing conditions, including clearance by the Canadian Competition Bureau.
Scotiabank completed the acquisition of a 20 per cent equity interest in the financial services business of Canadian Tire Corporation, Limited for $500 million in cash. As part of the new business partnership, Scotiabank has agreed to provide a funding commitment to the financial services business of up to $2.25 billion and the parties have entered into a marketing program agreement to pursue joint marketing initiatives.
EnerCare Inc. and EnerCare Solutions Inc. announced on July 24, 2014, that they entered into a definitive asset purchase agreement with Direct Energy Marketing Limited, a wholly owned subsidiary of Centrica plc, to purchase Direct Energy's Ontario home and small commercial services (OHCS) business for a purchase price of $550 million.
Brookfield Asset Management Inc. completed its previously announced Class A Preference Shares, Series 38 issue in the amount of $200 million. The offering, announced Mar. 6, 2014, was underwritten by a syndicate led by TD Securities Inc., CIBC, RBC Capital Markets, and Scotiabank.