Private Equity

Key Contacts

Lynch Kevin Kevin L. Lynch
Partner
T: 780.945.4774
Email
Mercury John High Resolution Image John M. Mercury
Partner, Head of Private Equity
T: 403.298.4493
Email
Solway Gary High Resolution Image Gary S.A. Solway
Partner
T: 416.777.6555
Email

Experience

  • Founders Advantage Capital, in connection with its $74 million acquisition of a 60% Interest in the Dominion Lending Centre group of companies Read more
  • Sanjel Corporation, an Alberta-based energy services and pressure pumping company, in connection with the sale of its Canadian fracturing, coiled tubing and cementing assets to STEP Energy Services Ltd. and 1961531 Alberta Ltd.
  • Sanjel Corporation, an Alberta-based energy services and pressure pumping company, in connection with the sale of its US fracturing, coiled tubing and cementing assets to Liberty Oilfield Services Holdings LLC.
  • TerraPro Group Inc., an Alberta-based provider of environmental, terrain protection and remote access solutions, in connection with its reorganization pursuant to a plan of arrangement and concurrent refinancing Read more
  • Edge Natural Resources LLC in connection with the acquisition of Canamax Energy Ltd. by Edge and senior management and certain other shareholders of Canamax in a transaction valued at approximately $82 million. Read more
  • Counsel to Onstream Pipeline Inspection Ltd. and Onstream Polymers Inc., and the shareholders thereof, in connection with the sale of all of the assets of Onstream Pipeline Inspection Ltd. and Onstream Polymers Inc. to a purchaser entity sponsored by the private equity fund Novacap TMT IV.
  • NES Global Talent, a UK-based technical and engineering recruitment and staffing services provider, in connection with its acquisition of Alberta-based Sure Flow Consulting Services Ltd. and Sure Flow Oilfield Services Ltd.
  • TriWest Capital Partners, one of Canada's leading private equity firms, in connection with the acquisition of Prostar Well Service Inc. and Prostar Manufacturing Inc. (formerly Rangeland Drilling Automation Inc.) Read more
  • Benevity, Inc., a supplier of workplace giving and volunteer management software solutions, in connection with a CDN $38 million Series A financing by JMI Equity, a growth equity firm focused on investing in leading software and services companies. Read more
  • Esna Technologies Inc., a private software company, in connection with its sale to Avaya Inc.
  • OMERS Ventures LP in connection with its participation in the $10 million Series B funding round of InteraXon.
  • Counsel to Metalmark Capital in connection with the acquisition of Kissner Milling Company Limited and Kissner Group Inc. by an investor group led by Metalmark Capital and including Silvertree, a joint venture between Silverhawk Capital Partners and Demetree Salt, LLC, and the Kissner management team.
  • Riverstone Holdings LLC, an energy and power-focused private investment firm with approximately $27 billion of equity capital raised, in connection with its $200 million investment in Canadian International Oil Corp.
  • SurfEasy Inc. in connection with its acquisition by Opera Software.
  • OMERS Ventures LP in connection with its participation in the $6.2 million Series A funding round of Klipfolio
  • Encana Corp. in connection with its sale of gas pipeline and processing assets in Western Canada's Montney region to a partnership of Veresen Inc. and KKR & Co. LP for approximately $760 million. Veresen Midstream, a joint venture of Veresen Inc. and KKR & Co. LP, will also invest up to $5 billion to support future production in the Montney, a massive liquids-rich natural gas play that straddles the Alberta-British Columbia border. Veresen Midstream will also provide midstream services to Encana in connection with the acquired and future assets. Read more
  • TriWest Capital Partners, one of Canada's leading private equity firms, and certain other shareholders in connection with the sale of Primex Manufacturing Ltd., a British Columbia-based producer of proprietary, specialized plastic products. Read more
  • OMERS Ventures LP in connection with its participation in the $4 million seed funding round of League, Inc.
  • OMERS Ventures LP in connection with its participation in the $24 million financing round of Ranovus.
  • Riverstone Holdings LLC and other investors in connection with the equity commitment of $675 million to back the creation of a new oil and gas company, Calgary-based Canadian Non-Operated Resources LP. Read more
  • Natural Gas Partners (NGP) and Riverstone Holdings, LLC in connection with Northern Blizzard Resources Inc's initial public offering and secondary offering for approximately $500 million.
  • Tamarind Energy and its management team in connection with its US$800 million capital commitment from Blackstone Energy Partners to create a significant upstream company with an emphasis on South East Asia oil and gas development.
  • OMERS Ventures LP in connection with its participation in the $9 million Series A funding round of Busbud.
  • Apollo Global Management, LLC in connection with Jupiter Resources' $2 billion purchase of Encana Corp.'s Bighorn assets in Alberta.
  • NCSG Crane & Heavy Haul Services Corporation, and the shareholders thereof, in connection with the sale of a majority stake in NCSG to an investor syndicate led by TriWest Capital Partners IV, L.P. and Alberta Teachers Retirement Fund Board.
  • Apollo Global Management, LLC ("Apollo") in connection with its strategic partnership with CSV Midstream Solutions Corporation ("CSV Midstream"). Funds managed by Apollo have provided CSV Midstream with an equity commitment to fund the company's construction and operation of midstream facilities in the Western Canadian Sedimentary Basin.
  • RTL-Westcan Limited Partnership, a leading hauler of bulk commodities in Western and Northern Canada, in connection with 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. Read more
  • The Catalyst Capital Group Inc., in connection with the acquisition of substantially all of the assets of Advantage-Rent-a-Car pursuant to a sale process under Section 363 of the US Bankruptcy Code.
  • OMERS Ventures LP in connection with a $100 million investment, led by OMERS and Insight Ventures, in Shopify Inc. Read more
  • OMERS Ventures LP in connection with a $165 million investment, led by OMERS and Insight Ventures, in Hootsuite Media Inc. Read more
  • OMERS Ventures LP in connection with its $6 million investment in Vidyard.
  • OMERS Ventures LP in connection with its $500,000 investment in LeadSift.
  • Acted as counsel to Superior Coring Systems Inc.'s purchase of Technicoil Corporation's Hybrid Drilling Rigs, and its financing of same. 
  • 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
  • OMERS Ventures LP in connection with its Series B investment in Wattpad.
  • OMERS Ventures in connection with its participation in the $80 million investment in Desire2Learn. Read more
  • OMERS Ventures LP in connection with its $20 million investment in Vision Critical.
  • OMERS Ventures LP in connection with its participation in the $12 million funding round of Hopper Inc.
  • Blue Ant Media Inc. in connection with its acquisition of Canadian broadcaster High Fidelity HDTV and its four premium high definition channels – Oasis HD, eqhd, radX and HIFI HD.
  • OMERS Ventures LP in connection with its Class A Preference Share, Series 2 Investment in AppHero, Inc.
  • Natural Gas Partners in connection with its $95 million purchase of shares in Petrus Resources Ltd.
  • SFC Energy Partners in connection with its $80 million purchase of shares in Rampart Oil Ltd.
  • BEST Funds in connection with a debt financing of TransGaming Inc.
  • OMERS Ventures LP in connection with its participation in a $2.5 million investment in Sweet Tooth Inc.
  • Brazos B.V., a subsidiary of NGP Natural Resources X, L.P., in connection with its capital commitment of $100 million to Spry2 Energy Inc.
  • Blue Ant Media Inc. in connection with its acquisition of Canadian broadcaster GlassBOX Television Inc. and the Travel+Escape, Bite TV and AUX TV specialty channels.
  • Mill City Capital LP with its acquisition of Havlik International Machinery Inc. from Havlik Holdings Inc.
  • Quicksilver Resources Canada Inc. in connection with the formation of a midstream partnership with a subsidiary of Kohlberg Kravis Roberts & Co. L.P
  • BEST Funds in connection with an equity financing of XPI Inc.
  • Ares Management LLC, in connection with its investments in Plasco Energy Group Inc., a private green energy company.
  • TriWest Capital Partners IV, L.P. invested in Colter Energy Services Inc. and Colter Production Testing Services Inc. in partnership with Colter's senior management team and the existing Principals.
  • The Westaim Corporation, in connection with the sale of assets of Westaim's subsidiary, iFire Technology Ltd., to CTS Group Limited.
  • Represented Natural Gas Partners, in connection with the acquisition by NGP Midstream & Resources, L.P., through its indirect wholly-owned subsidiary, Ferus Holdings Ltd., of substantially all of the assets of Ferus Trust.
  • Cherington Capital LLC, a private equity firm, in connection with their divestiture for an undisclosed amount, of all of the Canadian, American and Portuguese assets of a Nisku and Calgary-based oil and gas service company, to a strategic American buyer.
  • Shareholders of Interair/Fun Sun, in connection with its acquisition by Thomas Cook Group PLC for approximately $114 million.
  • Private placement of $400 million pursuant to an equity line of credit and negotiation and structuring of Unanimous Shareholders Agreement.
  • BlackBerry Partners Fund Limited Partners (including Royal Bank of Canada, Thomson Reuters and Research In Motion) in the formation of the $150 million venture capital fund.
  • TriWest Capital Partners III, L.P. invested in Fraser River Pile & Dredge in partnership with Fraser River's senior management team and the existing Principals.
  • Purchase of all of the issued and outstanding shares of Trans Tech Contracting Inc. and related to private equity funding and debt syndication.
  • TriWest Capital Partners, in connection with establishing and closing its third fund, TriWest Capital Partners III, L.P., with commitments totalling $250 million.
  • Genoil Inc., in connection with the US$ 2.7 million private placement of 5,130,382 common shares and 1,282,594 warrants.
  • SkyPower Corp., in connection with the acquisition of an equity stake in the company for an undisclosed sum by Lehman Brothers private equity business. Read more
  • Acquisition of all of the assets and operating business of A-1 Crane & Bridge Rentals and related private equity funding and debt syndication.
  • McKenna Gale Capital, in connection with a $50 million equity and subordinated debt investment in Barrett Xplore Inc., a private New Brunswick corporation engaged in fixed wireless and satellite internet services.
  • Coller Investment Management, a Guernsey company, in connection with the formation of Coller International Partners V-C, L.P., an Alberta feeder fund into a Caymans-based master fund.
  • Aetas Health Care Inc., in connection with the sale of the company by its management and TriWest Capital Partners to the Canadian Back Institute, backed by Callisto Capital and lenders.
  • MMV Financial Inc., in connection with a $4 million venture debt investment in Xceed Molecular Corporation; a $2.5 million venture debt investment in Exposoft Solutions Inc.; and a $3 million venture debt investment in GlobalServe Inc.
  • Northwest Capital Appreciation, Inc., in connection with a $58 million leveraged buy-out of Northern Crane Services and with respect to the debt and equity financing for the acquisition.
  • TriWest Capital Partners, in connection with financing its investment in RTL Robinson Enterprises.
  • SkyPower Corporation, regarding a share purchase agreement and other related matters in connection with the HSH Nordbank AG acquisition of a minority stake in SkyPower Corporation.
  • The RainTree Corporation, in connection with a senior secured credit facility from the Northern Ontario Heritage Fund Corporation.  The RainTree Corporation is engaged in forestation and reforestation of projects in North America and South America. 
  • HealthPoint Capital Partners II LP, in connection with its $22.3 million acquisition of DTI Dental Technologies Inc.
  • TriWest Capital Partners, in connection with financing its investment in Royal Camp.
  • Carlyle/Riverstone Global Energy and Power Fund, in connection with the fund's US$1.2 billion acquisition of EnCana Corporation's gas storage business, now known as Niska Gas Storage.
  • Wood Composite Technologies Inc., in connection with their $1.7 million syndicated secured loan, which was arranged by J.F. Mackie & Company Ltd.
  • The Riverside Company, a private equity firm, in connection with its portfolio company, Welltec A/S's acquisition of Heat Seekers Ltd. for $12.1 million.
  • Avotus Corporation, in connection with its privatization through the sale of the company to a group of investors.
  • Wood Composite Technologies Inc., while an unlisted reporting issuer, in connection with their $2.6 million brokered private placement of convertible preferred shares, led by J.F. Mackie & Company Ltd.
  • ViRexx Research Inc., in connection with its reverse takeover of Norac Industries Inc. by way of an amalgamation, a concurrent private placement of special warrants raising $8.32 million and a concurrent listing on the TSX Venture exchange.
  • A U.S. private equity fund, in connection with its $42 million acquisition of all of the outstanding shares of Rand A. Technology Corporation, a TSX listed company, by way of Plan of Arrangement.
  • Brookfield Asset Management Inc., in connection with the establishment of Brookfield Real Estate Opportunity Fund II, a U.S. and Canadian private equity fund.
  • BT Energy Fund LP, in connection with its investment in Richmount Petroleum.
  • BT Energy Fund LP, in connection with its investments in Hunter Energy Inc.
  • BT Energy Fund LP, in connection with the formation of its first energy equity fund.
  • Quorum Capital Partners, in connection with the formation of Quorum Investment Pool LP, a fund formed with the objective of assisting a US-based initial limited partner to meet certain procurement obligations to the federal government of Canada.
  • Represented a syndicate of venture capital investors in several rounds of investment in software developer, Changepoint Corporation.
  • Represented Alliance Atlantis Communications in private placement by Interpublic Group and Kinowelt.
  • Represented McLean Watson Capital Management in the formation of McLean Watson Ventures ll LP, a technology-focused venture capital fund.
  • Represented the general partner on the formation of Priveq ll Limited Partnership, a private equity fund.
  • Represented VenGrowth Capital in numerous investments.
  • Represented VenGrowth Capital Management in the formation of VenGrowth V Limited Partnership, a technology-focused venture capital fund.
  • J.F. Mackie & Company Ltd. and Becher McMahon Capital Markets Inc., in connection with the private placement of subscription receipt units of Aeroquest International Limited pursuant to an agency agreement among J.F. Mackie, Becher McMahon, and Areoquest for gross proceeds of $7.65 million.
  • Matco Capital Ltd. in connection with its investment in Thixotech Inc.
  • TriWest Capital Partners Inc., and other shareholders of Highland Transport , in connection its investment in Highland.
  • TriWest Capital Partners of Calgary, in partnership with the senior management team of Westcan, in connection with their investment in Westcan for an undisclosed amount.
  • TriWest Capital Partners, in connection with financing its investment in Con-Force.
  • TriWest Capital Partners, in connection with its investment in Cover-All Building Systems.
  • TriWest Capital Partners, in connection with its investment in ResMor Trust Company, a provider of residential mortgage products and services across Canada.
  • TriWest Capital Partners, in connection with its investment in Vanguard Plastics.
  • TriWest Capital Partners, in connection with its investment in Shumka Craig Moore Adjusters Canada Limited.
  • TriWest Capital Partners, in connection with its investment in Omstead Foods, from H.J. Heinz Company.
  • TriWest Capital Partnership, in connection with the formation and funding of TriWest Capital Growth Fund LP I.
  • TriWest Capital Partnership, in connection with the formation and funding of TriWest Capital Growth Fund LP II.
  • Valens Pharma Ltd., (formerly known as CardioMetabolics Inc.), in connection with a brokered private placement offering of common shares for proceeds of $2.78 million led by Canaccord Capital Corporation.
  • Valens Pharma Ltd., (formerly known as CardioMetabolics Inc.), in connection with a brokered private placement offering of common shares for proceeds of $4.1 million led by Canaccord Capital Corporation.
  • Ventures West Management Inc., in connection with the formation of Ventures West 8 Limited Partnership, a technology-focused venture capital fund with capital commitments of $250 million.
  • Westport Innovations Inc., in connection with its $22.1 million sale of convertible debentures to Perseus L.L.C.
  • CanFund II, in connection with its investment of debentures and rights of NQL Energy Services.
  • EdgeStone Capital Partners, in connection with senior management, completed a private equity acquisition of New Food Classics, formerly a division of Centennial Goods, for an undisclosed price.
  • EnCap Investments LLC, in connection with its investment in Unconventional Resources Canada, a private energy company.
  • Ensearch Petroleum Pte. Ltd., in connection with US$ 14.2 million non-brokered and brokered private placement of ordinary shares.
  • Fun Sun Vacations, in connection with its merger with V.I.T. Voyages Intair Transit Inc., to create Canada's leading FIT tour operator and air consolidator.