Peter Castiel is a partner in the Corporate Group and a member of the firm’s Executive Committee. He previously served on the firm’s Partnership Board. Peter’s practice primarily focuses on cross-border mergers & acquisitions. Peter has extensive expertise in advising private equity funds, sovereign wealth funds, and leading public and private companies in connection with acquisitions, divestitures, and investments.
On August 3, 2018, Navacord Inc. (Navacord), a leading Canadian insurance brokerage, completed a management-led buyout of its minority partner with the support of US private equity firm Madison Dearborn Partners (MDP), a leading private equity firm based in Chicago.
On July 5, 2017, Canada Goose Holdings Inc. completed its secondary offering of 12,500,000 subordinate voting shares for a price of US$20.75 per share for aggregate gross proceeds of US$259,375,000. The shares were sold by an investment fund advised by Bain Capital, DTR LLC, and certain charities and members of management.
On May 24, 2017, Swander Pace Capital, a leading private equity firm specializing in investments in consumer product companies, completed the sale of its significant equity stake in Kicking Horse Coffee to the Lavazza Group, who, with this transaction, holds an 80-per-cent interest in the company, which was valued at $215 million.
On March 21, 2017, Canada Goose Holdings Inc. completed its initial public offering of 23 million subordinate voting shares at an initial offering price of $17.00 per share, which included the exercise in full by the underwriters of an over-allotment option to purchase up to 3 million additional subordinate voting shares, for total gross proceeds of $391 million to Canada Goose and the selling shareholders.
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).
On May 31, 2016, TELUS Corporation (TELUS) completed a previously-announced transaction whereby Baring Private Equity Asia (Baring Asia) acquired a 35-per cent equity stake in TELUS International (Cda) Inc. (TELUS International).
On December 1, 2015, Cegid Group, through a wholly-owned subsidiary, acquired from Canadian private equity Novacap and founder Alain Latry, together with the other shareholders of Technomedia Holding Corporation, all of the issued and outstanding shares of Technomedia Holding Corporation for an undisclosed amount.
On October 9, 2015, Swander Pace Capital, a leading private equity firm specializing in investments in consumer product companies, completed the acquisition of a majority of the issued and outstanding shares in the capital of Voortman Cookies.
On November 25, 2015, VASCO Data Security International Inc., a leader in authentication, electronic signatures and identity management, completed the acquisition of all of the issued and outstanding securities of the Silanis entities including Silanis Technology Inc., the provider of e-SignLive — the most widely used e-signature solution in the world. The purchase price of $113 million (US$85 million) was paid in cash.