199 Bay St, Suite 5300, Commerce Court West, Toronto, ON
Year called to bar: 2002 (ON)
Sean Vanderpol is co-Head of the Capital Markets and Public Mergers & Acquisitions Groups in the Toronto office. His practice is focused on public companies and mergers & acquisitions, with emphasis on public M&A transactions (takeover bids, mergers, and plans of arrangement), as well as public corporate finance transactions and public governance and compliance issues. He is a member of the Professional and Ethics Committee. He is a member of the Law Society of Ontario and a previous member of the Securities Advisory Committee of the Ontario Securities Commission. He has participated in teaching Corporate Finance and Advanced Corporate Law at the University of Western Ontario as a member of the adjunct faculty. He has spoken and written on such topics as corporate law, corporate governance, continuous disclosure, and M&A issues.
On October 24, 2018, Innergex Renewable Energy Inc. completed the acquisition of the 62% undivided co-ownership participation of TransCanada Corporation in five wind energy farms in Quebec (“Cartier Wind Farms”), as well as TransCanada’s 50% interest in the operating entities of the Cartier Wind Farms, for approximately $620 million. Innergex already owned the remaining interests in the Cartier Wind Farms and its operating entities. The transaction will increase Innergex’s net capacity by 366MW.
On March 23, 2018, Aphria Inc. (Aphria)(TSX: APH and US OTC: APHQF) completed its acquisition of Nuuvera Inc. (Nuuvera) pursuant to a plan of arrangement under the Business Corporations Act (Ontario) for approximately $425 million.
On December 6, 2017, Hudson’s Bay Company (HBC) completed the US$500 million equity investment by Rhône Capital (Rhône) in the form of 8-year mandatory convertible preferred shares, the sale of the Lord & Taylor Fifth Avenue Flagship Building to WeWork in a transaction valued at US$850 million, and a series of strategic transactions, including agreements to lease retail space within select HBC department stores.
On November 1, 2017, The Washington Cos. (Washington), a group of privately held North American mining, industrial and transportation businesses founded by industrialist and entrepreneur Dennis R. Washington, completed its acquisition of Dominion Diamond Corp. (Dominion) for approximately $1.5 billion.
On December 3, 2015, Bruce Power L.P. (Bruce Power) and the Independent Electricity System Operator (the IESO) entered into the Amended and Restated Bruce Power Refurbishment Implementation Agreement (the ARBPRIA) to extend the operating life of the Bruce Power facility to 2064.
On January 15, 2016, Manitoba Telecom Services Inc. (MTS) (TSX: MBT) completed the sale of its Allstream division to Zayo Group, LLC (Zayo), a leading provider of communications infrastructure and network-neutral colocation and connectivity, in an all cash transaction for $465 million.
On May 27, 2015, Shopify Inc. completed its initial public offering of 8,855,000 Class A subordinate voting shares at an initial offering price of US$17.00 per share, which included the exercise in full by the underwriters of an over-allotment option to purchase up to 1,155,000 additional shares, for gross proceeds of US$150,535,000.
Waterton Precious Metals Fund II Cayman, LP through a wholly-owned subsidiary, acquired Chaparral Gold Corp., on February 18, 2015. The acquisition was effected under a statutory plan of arrangement pursuant to which holders of Chaparral common shares received $0.61 in cash for each common share. The transaction was valued at approximately $72 million.
Fairfax Financial Holdings Limited, through a wholly-owned subsidiary, acquired Pethealth Inc. on November 14, 2014. The acquisition was effected under a statutory plan of arrangement of Pethealth pursuant to which holders of Pethealth common shares received $2.79 in cash per each common share and holders of Pethealth preferred shares received $2.79 in cash per each preferred share plus all accrued and unpaid dividends up to, but excluding, the effective date of the plan of arrangement. The transaction was valued at approximately $100 million.