Law Firm | Canadian Lawyer

Stikeman Elliott LLP

1 Apr 2024

Pride Group Holdings seeks creditor protection to restructure $1.6 billion debt amid financial irregularities and industry downturn

Deal TypeOther

IndustryTransportation

Transaction Value$ 1,600,000,000

ClientsPride Group Holdings Inc., Ernst & Young, HSBC Bank, BMO, Daimler Truck Financial Services Canada, Bank of Nova Scotia, Roynat Capital, Royal Bank of Canada, Mitsubishi HC Capital Canada Inc., Meridian OneCap, BNY Trust Company, National Bank of Canada, VFS Canada
31 Mar 2024

Bridgemarq completes strategic acquisition of real estate entities, bolstering market position and expanding operations

Deal TypeMerger & Acquisition

IndustryOther

Transaction ValueUndisclosed/Confidential

ClientsBridgemarq Real Estate Services Inc., Brookfield Business Partners
27 Mar 2024

Quisitive completes $52 million sale of BankCard USA Merchant Services Division

Deal TypeMerger & Acquisition

IndustryBanking/Finance

Transaction Value$ 51,800,000

ClientsQuisitive Technology Solutions Inc., BUSA Acquisition Co., WhiteHorse Capital Management, LLC
27 Mar 2024

ATS Corporation completes $162.9 million secondary offering led by Mason Capital

Deal TypePublic/Private Offering

IndustryOther

Transaction Value$ 162,925,000

ClientsATS Corporation, Mason Capital Master Fund, L.P., Scotia Capital Inc.
27 Mar 2024

Lantower Residential announces $52 million offering for Florida housing projects

Deal TypePublic/Private Offering

IndustryOther

Transaction Value$ 52,000,000

ClientsLantower Residential Real Estate Development Trust (No. 1), CIBC World Markets Inc.
26 Mar 2024

Fairstone Bank and Home Trust merge to create leading Canadian alternative lender

Deal TypeMerger & Acquisition

IndustryBanking/Finance

Transaction ValueUndisclosed/Confidential

ClientsSmith Financial Corporation, Centerbridge Partners, L.P., Ontario Teachers' Pension Plan Board
26 Mar 2024

Algoma Steel prices US$350 million Senior Secured Notes to bolster financial flexibility

Deal TypePublic/Private Offering

IndustryMining

Transaction Value$ 504,000,000

ClientsAlgoma Steel Group Inc., Jefferies LLC, BMO Capital Markets, Stifel, Cormark Securities
25 Mar 2024

Manulife reinsures $5.8 billion in universal life reserves to RGA, unlocking capital for shareholder returns

Deal TypeFinancing/Investment

IndustryBanking/Finance

Transaction Value$ 5,800,000,000

ClientsManulife Financial Corporation, RGA Life Reinsurance Company of Canada
19 Mar 2024

Risk Strategies acquires Hugh Wood Inc. and Hugh Wood Canada Limited

Deal TypeMerger & Acquisition

IndustryOther

Transaction ValueUndisclosed/Confidential

ClientsRisk Strategies, H.W. International B.V.
11 Mar 2024

mdf commerce to be acquired by KKR

Deal TypeMerger & Acquisition

IndustryTech/Computer/IT

Transaction Value$ 255,000,000

Clientsmdf commerce inc., KKR