Recent Experience
Wolverine Energy and Infrastructure Inc. in its $150-million business combination with Green Impact Partners Inc. (formerly Blackheath Resources Inc.), completed in connection with a previously announced acquisition by Blackheath of the clean energy assets of Wolverine and the reverse take-over of Blackheath.
Tundra Process Solutions Ltd., in its $99.1-million acquisition by Wajax Corporation.
TriWest Capital Partners, one of Canada's leading private equity firms, in the acquisition of Bull Moose Capital Ltd.
Patterson-UTI Energy, Inc., a publicly-listed, Houston-based drilling services company, in its acquisition of drilling technologies companies Warrior Rig Ltd., Warrior Manufacturing Services Ltd. and certain related subsidiaries.
Canadian Pacific Railway Limited, in its proposed US$28-billion merger with Norfolk Southern Corp.
A private equity firm, in completing a strategic bolt-on acquisition to an existing portfolio company in its fund with a value of $6 million.
TriWest Capital Partners, one of Canada's leading private equity firms, and certain other shareholders in the sale of Primex Manufacturing Ltd., a British Columbia-based producer of proprietary, specialized plastic products.
Enerbuilt Technologies Inc., in the sale of all of its assets and business to Flameless Solutions Inc., a related entity to WesternOne Inc., a reporting issuer, for consideration of cash and securities of WesternOne Inc., and related pre-closing reorganization of Enerbuilt Technologies Inc.
An individual and a privately held company, in the sale of its shares in a privately held company with a value of $2.9 million.
A privately held company, in the real estate investment industry in the implementation of a hotel venture arrangement and acquisition of a hotel and related senior debt financing and franchise agreement with Coast Hotels Limited with a value of $19.7 million.
RTL-Westcan Limited Partnership, a leading hauler of bulk commodities in Western and Northern Canada, in the sale of its operating business to Kenan Advantage Group and its industrial properties to Edgefront Realty Corp. The ownership group of RTL-Westcan included TriWest Capital Partners, one of Canada's leading private equity firms, members of the RTL-Westcan senior management team and others.
Standen's Limited, a Calgary-based supplier of leaf springs, tillage tools, light trailer suspensions and suspension hardware, in the sale of substantially all of its assets to IMT Partnership.
Zedi Inc., in the proposed acquisition by a management-led group in a transaction valued at $125 million.
Management Minority Shareholders, in the sale of majority interest in A&B Rail Services Ltd. by Fulcrum Capital Partners, a private equity and mezzanine financing firm to a group of investors led by TorQuest Partners, a manager of private equity funds.
Enviro Vault Canada Ltd., and various affiliates in sale of substantially all of its assets to Sundance Holdings Corporation.
Canaccord Genuity Corp., as lead underwriter, in the public offering of Hemisphere Energy Corporation of units and flow-through shares for aggregate gross proceeds of $4 million.
Macquarie Capital Markets Canada Ltd., as lead underwriter, in the public offering by Surge Energy Inc. of 9,660,000 subscription receipts for aggregate gross proceeds of $63 million.
National Bank Financial Inc., as co-lead underwriter, in the public offering by Manitok Energy Inc. of flow-through common shares for aggregate gross proceeds of $25 million.
Schlumberger Canada Limited, in its acquisition of Gushor Inc.
Northern Frontier Corp., a TSX Venture Exchange listed capital pool corporation, in the completion of its previously announced acquisition of the NEC Group and certain assets used in the operation of the NEC Group's business.
Apex Distribution Inc., in the sale of all of its issued and outstanding shares to Russel Metals Inc. for $225 million plus a five year earnout.
The private equity firm, Banyan Capital Partners Inc., via Tartan Canada Corporation, one of Banyan's portfolio companies, acquired Arc Line Construction Ltd. and JDK Rentals Ltd., concurrent with Tartan completing a senior debt facility financing with Alberta Treasury Branches and an exempt market private placement equity financing
Guide Exploration Ltd., in its acquisition by WestFire Energy Ltd. for approximately $200 million.
Avalon Exploration Ltd., in its sale of all of its outstanding shares by way of plan of arrangement to Twin Butte Energy Ltd. in a transaction valued for approximately $89 million.
Assisted a widely-held private business, in a reorganization pursuant to a plan of arrangement.
Schlumberger Limited, in its acquisition of Geophysical Exploration & Development Corporation.
Noteholders of OPTI Canada Inc., in a proposed plan of reorganization, compromise and arrangement under the Companies' Creditors Arrangement Act and the Canada Business Corporations Act providing for the USD $2.15-billion acquisition of OPTI by a wholly-owned subsidiary CNOOC Limited and, failing that, the USD $2.15-billion recapitalization of OPTI.
IHS Inc., in its acquisition of Dyadem International, Ltd.
ProspEx Resources Ltd., in its $186-million acquisition by Paramount Resources Ltd. by way of plan of arrangement.
Technicoil Corporation, in its $170-million acquisition by Essential Energy Services Ltd. by way of plan of arrangement.
Whitecap Resources Inc., in its acquisition of Spry Energy Ltd. for approximately $210 million.
FirstEnergy Capital Corp., in the initial public offering of common shares of Condor Petroleum Inc. for aggregate gross proceeds of $80 million.
Elluminate Inc., in its US $116-million acquisition by Blackboard Inc.
ZCL Composites Inc., in a share purchase
agreement to acquire all of the issued and outstanding shares of
Dualam Plastics Inc. that involved a total of 10 subsidiaries
located in Canada, the United States, and Belize. The purchase
price was $20.5 million, payable partly in cash and partly in
shares, subject to closing adjustments, including adjustments for
working capital and certain post-closing vendor indemnities.
NUCRYST Pharmaceuticals Corp., in the possible sale of all or substantially all of the assets of NUCRYST and the consideration of an amalgamation of the NUCRYST with 1499642 Alberta Ltd., a wholly-owned subsidiary of The Westaim Corporation.
Parkland Income Fund, in its $97,750,000 offering of subordinated debentures.
RTL-Westcan Limited Partnership, in a Canada-led offering of CDN$130 million of senior secured second lien guaranteed notes and concurrent acquisition of substantially all of the assets of ECL Transportation Ltd.
Powell Industries, Inc., in the
acquisition of substantially all the assets of PowerComm Inc. that involved predominantly Canadian operation carried on by
PowerComm, four subsidiaries and two further joint
ventures, including business operations in Kazakhstan. The purchase
price consisted of up to $33.5 million subject to adjustments, with
$25.5 million payable on closing and up to $8 million payable based
on specified performance and earn-out thresholds. Powell also
assumed certain liabilities of PowerComm including bank debt,
accounts payable and obligations under capital and other leases
estimated to total approximately $22.5 million.
Canadian counsel to Castle Harlan and CHAMP Private Equity, the buyout firms, the sale of United Malt Holdings Ltd. to GrainCorp Ltd.
Omstead Foods Limited, in the divestment of its
frozen vegetable and coated appetizer division to Bonduelle SA and
its frozen fruit division to Silver Valley Farms.
Aecon Group Inc., in its $200 million acquisition of Lockerbie & Hole Inc. pursuant to a plan of arrangement.
Canadian Western Bank, in their agreement to acquire a 72.5 per cent stake in Adroit Investment Management Ltd.
Selling shareholders, in a sale of all of the shares in the capital of Victory Rig Equipment Corporation to Trinidad Drilling Ltd.
Shareholders of Interair/Fun Sun, in its
acquisition by Thomas Cook Group PLC for approximately $114
million.
Preo Software Inc., in its reverse takeover of CDG
Investments Inc. by way of a plan of arrangement and related CNQ
listing application.
United Diamond, LP and Ulterra Drilling Technologies, L.P., along with their private equity partner, Invervale Capital, in their acquisition for an undisclosed amount, of all of the Canadian and American assets of United Diamond, United Diamond Ltd., Torkbuster Inc., and United Diamond Drilling Services Inc.
Kellam Pipelines Inc. and T.H.L. Equipment Rentals & Steaming Ltd., in the sale of shares and assets to Pipeworx Ltd. and its subsidiary 1347780 Alberta Ltd.
TriWest Capital Partners, in its sale of the Con-Force group of companies to Armtec Infrastructure Income Fund, for an aggregate purchase price of approximately $120 million.
Shareholders of ResMor Trust Company, in its acquisition by Minneapolis-based GMAC Residential Funding of Canada.
Wood Composite Technologies Inc., in a $3 million
syndicated secured loan arranged by J.F. Mackie &
Company Ltd.
ZCL Composites Inc. and its subsidiaries, in their US$40.8-million acquisition of Minnesota-based XAHC, Inc. the sole shareholder of Xerxes Corporation.
ZCL Composites Inc., in a $40-million bought deal
private placement of subscription receipts with an underwriting
syndicate led by Peters & Co. Limited that also included CIBC
World Markets, Paradigm Capital Inc., Raymond James Ltd., National
Bank Financial Inc. and Orion Securities Inc.
FirstEnergy Capital Corporation, as agent of Kaval Wireless
Technologies Inc., in to a $30 million private placement
of common shares.
Pengrowth Energy Trust, in its $461-million equity
offering to a syndicate of underwriters led by RBC Capital Markets.
CIBC World Markets Inc., lead in a syndicate of underwriters, in $72-million net proceed offering of convertible unsecured subordinated debentures by Progress Energy Trust.
Wood Composite Technologies Inc., in its $10.3-million brokered new issue offering pursuant to long form
prospectus and concurrent Tier 1 listing on the TSX Venture
Exchange.
Tenergy Ltd., in the takeover bid by FRQ
Acquisition Corporation for all of the issued and outstanding
shares of Tenergy at an approximate aggregate purchase price of $85
million.
Terroza Environmental Corporation and Terroza Expediting Inc., in the acquisition by Seair Inc. for $1.05 million of a 51 percent interest in the
business of the companies.
RTL - Robinson Enterprises Ltd., in its merger with
Westcan Bulk Transport Ltd.
Schlumberger Canada Limited, in its $250-million
private offering principal amount of 5.14 per cent First Series
Guaranteed Notes due July 12, 2010.
Shareholders of Cover-All Building Systems, in its
acquisition by Boston-based Audax Group.
MEG Energy Corp., in their $564-million equity
financing by way of a private placement of approximately
13.8-million common shares.
TriWest Capital Partners of Calgary, in partnership with the senior
management team of Westcan, in their investment in
Westcan for an undisclosed amount.
Bennett Jones
