333 Bay St, Suite 3400, Bay Adelaide Ctr, W Twr, Toronto, ON
Year called to bar: 1997 (ON)
Partner. Advises public/private clients on M&A, financings, corporate reorganizations, debt restructurings, and international tax planning with a particular focus on the mining industry. Has advised on numerous acquisitions by Newmont Mining and Coeur Mining; Altria Group, Inc. in its $2.4 billion strategic investment in cannabis producer Cronos Group; a consortium led by Northern Private Capital in its acquisition of MacDonald, Dettwiler and Associates (MDA) from Maxar Technologies Inc.; MDA in its initial public offering; Aryzta in the $850 million sale of its North American bakery business to funds of Lindsay Goldberg; Thomas H Lee Partners in the sale of Give & Go to Mondele; Berkshire Partners LLC in its $1 billion acquisition of VetStrategy; VetStrategy in its merger with IPC Evidensia; a joint venture between Larry Tanenbaum and Junior Bridgeman, in its acquisition of Coca-Cola Refreshments Canada Company; and Cott Corporation in its US$1.25 billion sale of its traditional beverage manufacturing business to Refresco. Advises on numerous acquisitions and dispositions by private equity funds and other public/private transactions. Recognized in Chambers Canada, Chambers Global, The Canadian Legal Lexpert® Directory, and Best Lawyers in Canada. Member of the CBA, CTF, and IFA.
On November 30, 2018, Essar Steel Algoma Inc. (“ESAI”) concluded its comprehensive restructuring under the Companies’ Creditors Arrangement Act by way of the sale of substantially all of its assets to Algoma Steel Inc. (“ASI”).
On September 28, 2018, Coca-Cola Canada Bottling Limited (“CCCBL”), a joint venture established between prominent businessman and philanthropist, Larry Tanenbaum O.C., and Junior Bridgeman, a former NBA player, renowned entrepreneur and owner of Kansas City-based Heartland Coca-Cola Bottling Company, completed its previously announced acquisition of Coca-Cola Refreshments Canada Company (“CCRC”) from Coca-Cola Refreshments USA, Inc., a subsidiary of The Coca-Cola Company (NYSE:KO).
Sunovion Pharmaceuticals Inc. (“Sunovion”) completed the acquisition of Cynapsus Therapeutics Inc. (“Cynapsus”) by way of plan of arrangement for approximately $841 million. The acquisition is aligned with Sunovion’s global strategy to expand and diversify its portfolio in key therapeutic areas, including neurology.
OMERS Private Equity (OPE), the private equity arm of OMERS, one of Canada’s largest pension funds, completed the sale of its portfolio company, Give & Go Prepared Foods Corp. (Give & Go), to an affiliate of US private-equity firm Thomas H. Lee Partners, L.P. (THL).
APLP Holdings Limited Partnership (APLP Holdings), a wholly owned subsidiary of the Atlantic Power Corporation (the Company) entered into new senior secured credit facilities, comprising $700 million in aggregate principal amount of senior secured term loan facilities and $200 million in aggregate principal amount of senior secured revolving credit facilities (collectively, the new credit facilities).
Cott Corporation completed its acquisition of AquaTerra Corporation (AquaTerra), a portfolio company of Birch Hill Equity Partners Management Inc. (Birch Hill), for approximately $62 million. The acquisition was funded using cash on hand and borrowings under Cott’s asset based lending facility.
Roots Canada Ltd. (Roots) completed the sale of a majority stake in Roots to Searchlight Capital Partners, L.P. (Searchlight), with the co-founders Michael Budman and Don Green retaining a significant equity ownership. This investment will support the brand’s next phase of growth. The terms of the agreement were undisclosed.
Leading infrastructure and construction materials enterprise Armtec Infrastructure Inc. and its affiliates (Armtec) completed a going-concern sale of substantially all of its assets to Armtec LP, an affiliate of Brookfield Capital Partners Fund III L.P. (Brookfield), in exchange for a release from approximately $200 million in secured debt obligations owing to Brookfield. The transaction was completed pursuant to an asset sale under the <I>Companies’ Creditors Arrangement Act</I> (CCAA).
On March 31, 2015, Norbord Inc. (Norbord) and Ainsworth Lumber Co. Ltd. (Ainsworth) completed their previously announced merger. The merger will create a leading global wood products company focused on oriented strand board across North America, Europe and Asia.
Western Forest Products Inc. (Western) and Brookfield Special Situations Management Limited (Brookfield), a wholly owned subsidiary of Brookfield Asset Management, closed a $230 million bought deal secondary offering. The common shares were offered by way of a short form prospectus filed in all of the provinces of Canada pursuant to National Instrument 44-101 - Short Form Prospectus Distributions and in the United States pursuant to an exemption from the registration requirements of the United States Securities Act of 1933, as amended (the U.S. Securities Act).
On May 9, 2007, H&R Real Estate Investment Trust (H&R REIT) completed a bought deal financing pursuant to which it issued approximately 8.86 million trust units, including 0.86 million trust units issued pursuant to an over-allotment option, for total gross proceeds of approximately $224.2 million.
On March 16, 2005, H&R Real Estate Investment Trust (H&R REIT) completed a bought-deal financing pursuant to which it issued 5.25 million trust units for total gross proceeds of approximately $100.3 million.