Commercial Transactions

We help businesses navigate commercial transactions with practical legal advice that protects value, supports growth, and drives lasting success.
Key Contacts
Iatridis KristosShoub Ted
Skyscrapers

Overview

As key advisors to clients' management teams, our lawyers help public and private clients navigate their way through the constantly changing business environments in which they operate. Focusing above all else on results and the development of the best possible client-counsel relationship, we take the time to understand our clients' businesses, ask them to define their operational and financial objectives, and most importantly, gauge clients' needs to help them build better, more profitable enterprises.

,,The team is very efficient in their work and knowledgeable of the intricacies of M&A and cross-border transactions.,,

What Clients Say

Our clients comprise a cross-section of industry and commerce, from public companies operating in the natural resources sector to self-made entrepreneurs. And though each company is different, there are many common legal issues that corporate entities face. Our lawyers help clients assess, evaluate and maintain their company organization and tax structures, advising on officer and director liability issues, negotiating and preparing documentation for contracts, agreements and company financing transactions of all types, and counselling on business issues ranging from asset management to corporate expansion. We also provide routine services for our clients, acting as their registered records office and filing the necessary documents to keep their organizations up-to-date and in good standing with provincial and federal authorities. Our team also negotiates and drafts all necessary corporate agreements, such as partnership and shareholder agreements, and offers our guidance and assistance when disputes among partners or shareholders arise.

Depending on the legal issues, we also work in conjunction with specialty capital markets, real estate, labour & employment, tax, and intellectual property lawyers, operating as an integrated team to address each client's unique circumstances. And, when litigation is necessary, our commercial litigation lawyers act to defend clients' interests.

Every step of the way, our lawyers offer strategic counsel, overseeing the ongoing legal aspects of our clients' business growth and financial success.

Client Work

Advent International
the lead arrangers and the lending syndicate of a US$2.55-billion term facility and US$600-million revolving credit facility to support the US$6.3-billion sale of Nuvei
Alliance Abroad Canada Holdings
in its purchase of all of the issued and outstanding shares in the capital of Stepwest Experience Providers and Stepwest Work Experiences Canada
Amazon
in its 2022 US$8.45-billion acquisition of MGM Studios
Argonaut Gold
in its US$555-million sale to Alamos Gold
Black Press Group
in the CCAA restructuring and acquisition of Black Press and 311733 BC by a consortium of buyers
Book4Time
in its US$150-million sale to Agilysys
Broadridge Financial
in its acquisition of Kyndryl's Securities Industry Services' wealth and capital markets technology platform
Canadian Fiber Optics
in connection with a $60 million cross-border term loan investment from Power Sustainable Infrastructure Credit and concurrent $30 million preferred share financing
CNRL
in its US$6.5-billion acquisition of Chevron's Alberta assets, including the Athabasca Oil Sands Project and Duvernay shale assets
CU
in its C$410-million issuance of 4.664% unsecured debentures
CWM
in bankruptcy proceedings against BRON Media Holdings USA and subsidiaries
DIRTT
in connection with its fully backstopped rights offering for aggregate gross proceeds of $30 million
Discovery Silver
in its US$425-million acquisition of the Porcupine Mining Complex from Newmont Corporation and related C$247.5-million bought deal public offering
Drone Delivery Canada
in its merger with Volatus Aerospace by way of plan of arrangement
EarthDaily
in its sale to EarthDaily Constellation Group
Element Fleet Management
in its acquisition of Tel Aviv-based Autofleet Systems
First Majestic Silver
in its US$970-million acquisition of Gatos Silver
GCEL
in $1.8-billion refinancing of its corporate debt
Heartland
in its C$658 million sale to TransAlta
i-80 Gold
regarding its bought deal public offering of an aggregate of 69,698,050 units
Invictus Games Vancouver
advised on over 30 sponsorship agreements across various business and provided additional commercial support on the negotiation of agreements with other parties
Karora
in its plan of arrangement merger with Westgold Resources
KingSett
in its $271-million acquisition of a portfolio of 37 industrial properties in Atlantic Canada from Dream Industrial REIT
KKR
in its C$1.19-billion acquisition of an indirect minority equity interest in the Labrador-Island Link from Emera
Longhouse
in connection with the formation of an Indigenous-managed infrastructure debt fund which is targeting commitments of CAD$1 billion
Loyalty Ventures
in connection with a potential financial restructuring of LVI’s indebtedness
Mac Chain
in its US$31.4-million sale to Renold pursuant to an asset and share purchase agreement
Medline Industries
in its acquisition of Sinclair Dental
Medline Industries
in its US$1-billion bond offering
Morrison Hershfield
with the private company arrangement in its sale to Stantec Consulting
NorthWest Redwater Partnership
in its $1.3 billion issuance of Series P Senior Bonds and Series Q Senior Bonds, led by CIBC World Markets and RBC Dominion Securities
O'Leary Ventures
in connection with the development of Wonder Valley, the world’s largest proposed AI data centre industrial park located in the Greenview Industrial Gateway
Osisko Mining
in its approximately C$2-billion sale to Gold Fields
OYO Hotels
in its US$525-million acquisition of G6 Hospitality from Blackstone Real Estate Advisors
Park Lawn
in its C$1.2-billion going-private transaction with Viridian Acquisition
Piedmont Lithium
in its merger with Sayona Mining
POWER Engineers
in its C$2.44-billion sale to WSP Global
RCM
in its leveraged buyout of majority partner HIG Capital from PI Financial, and in the concurrent merger with Echelon Wealth Partners
SCF
in connection with the acquisition of DeltaValve and TapcoEnpro from CIRCOR International
Schlumberger
in its $585-million definitive agreement to sell its interests in the Palliser Block to CNRL
Secure Energy Services
in its C$1.075-billion asset sale of certain waste management facilities
Shift4
in its C$200-million plan-of-arrangement acquisition of Givex
SolGold
in its US$750-million syndicated gold stream agreement with Franco-Nevada and Osisko Bermuda
Trez Capital
advised client in many of its matters, such as its fund formations and fund-raising matters
Variperm
in its sale to NYSE-listed Forum Energy Technologies
Waste Connections
in its public offering in the US and by way of private placement in each of the provinces of Canada of C$500 million
Westport
in establishing a joint venture with Volvo Group to accelerate decarbonization for long-haul and off-road customers through Westport's High Pressure Direct Injection (HPDI™) fuel system
Xplore
in a potential financing and/or restructuring of Xplore's indebtedness and business
RBC Dominion Securities
in an up to US$500M at-the-market program re-launch for the sale of common shares pursuant to a short-form prospectus supplement and an equity distribution agreement with Algonquin Power & Utilities
Cantor Fitzgerald Canada
in an up to US$35-million at-the-market equity program for the sale of common shares pursuant to an equity distribution agreement with Cybin
Stifel Nicolaus Canada
in the $2.8-million overnight marketed offering of Mydecine Innovations Group
Seamless Logic Software
in its merger with MoneyClip to create Wellfield Technologies
Kensington Capital Partners and Kensington Private Equity Fund
in its acquisition of Chirurgie DIX30 and Medego Immobilier 
Kensington Capital Advisors
in its acquisition of the surgical division of Centric Health
Kensington Capital
in the sale of a 51% interest to AGF Management
Leede Jones Gable
in the $4.6-million bought-deal of Plurilock Security
Magna Gold
in its approximately $19.5-million acquisition of Molimentales del Noroeste
City Wide Towing and Recovery Service
in its defence of an action brought by former owner alleging breach of post-sale non-compete obligations
URUS Group LP
on a significant dispute between our client and a contract counterparty with respect to continued operation of a multi-generational genetic improvement program
URUS Group LP
in researching current market arrangements and trends and legal frameworks for constraining uses of improved genetics in dairy industry
TerrAscend
in its arrangement with Canopy USA, LLC to convert $125.5M in debt to securities
District Ventures
in its fund to invest in early state opportunities in the consumer packaged goods and health and wellness spaces
Amgen
in a Patented Medicines (Notice of Compliance) Regulations patent infringement/patent validity trial, scheduled to be heard in January 2020
QuirkLogic
in their commercial, technology and licensing support for all aspects of this new technology enterprise, the Quilla collaboration product platform
Payments Canada
as lead external law firm to transform and modernize Canada's financial clearing, settlements and payments infrastructure
Kissner Group Holdings
in its acquisition of NSC Minerals
Lithion Power Group
in its acquisition of Aved Electronics
CIBC
as lead arranger, bookrunner, and lender in term loan facilities totalling $175 million and $100 million revolving credit facility to Contanda
MEG Energy
in its private placement of US$1.2-billion aggregate principal amount of 7.1250% senior unsecured notes due 2027 in the US and Canada
Canadian Pacific Railway
in its public offering of US$500-million aggregate principal amount of 2.050% notes due 2030
Canadian Pacific Railway
in its public offering of $300-million aggregate principal amount of 3.05% notes due 2050
Skandinaviska Enskilda Banken
as joint lead arranger and joint bookrunner in term loan facilities totalling $385 million and $125 million revolving credit facility made to a corporation in the medical technology industry
Pacific BioEnergy
on the sale of a majority interest in Pacific BioEnergy Corporation (PBEC) to Sumitomo
CSV Midstream Solutions
in its $470-million acquisition of Paramount Resources' Karr 6-18 natural gas facility and related midstream assets
United Active Living
in matters related to ownership and operations of assisting living housing projects
SENSO Lighting
in the sale of 100% of its outstanding equity securities to Luminii, LLC, a portfolio company of The Riverside Company
Osisko Gold
in its approximately $338-million acquisition of Barkerville Gold Mines
Osisko Gold
in the secondary offering of shares held by Orion Resources Partners
Helios Wire
in its sale to EchoStar Global
Inuvialuit Development Corporation
in the merger of Canadian North and First Air (owned by Makivik Corporation), to create a Inuit-owned unified northern Canadian airline
1908 GP
in the formation of 1908 LP and the formation and capitalization of POI Holdings LP by a syndicate of private Canadian investors led by Cody Church
Northern Metalic Sales
in its sale to affiliates of Side Management
New Pacific Metals
in its bought deal short form prospectus offering of common shares for total gross proceeds of $17.25 million
Third Eye Capital
entered into a $20 million Term Loan Facility and $30 million Revolving Credit Facility with the Term Borrower and Revolving Borrower
Canso
in the private placement by an issuer in the print media industry of $90 million of 12.0% senior secured notes
Holloway Lodging
in the acquisition by Clarke of all of the issued and outstanding common shares of Holloway that it does not currently own by way of statutory plan of arrangement
Sproule Associates
in its acquisition of all of the membership interests in the capital of MHA Petroleum Consultants LLC in an all-equity transaction
Devon
in their approx. $3.8-billion sale of substantially all of their assets to Canadian Natural Resources
BDC
in a $20-million investment in ArcTern Ventures’ Fund
BDC
in its subscription for 987,763 Class D Preferred Shares of HiFi Engineering for an aggregate subscription price of $5,000,000
BDC
in an initial subscription for 5,123,475 Class C Preferred Shares First Series of Inventys Thermal Technologies
ECi Software
in its acquisition of Office Document Consulting
District Ventures
in its equity investment in NadaMoo
ECi Software
in its acquisition of Lasso Data Systems
ECi Software
in its acquisition of Print Audit
Just Cash
in its sale of a controlling investment position to Coinsquare
Bellatrix
in its recapitalization pursuant to the CBCA
CIP Capital Management
in its acquisition of People 2.0
Kissner Group
its acquisition of NSC Minerals
ATCO
in the negotiation of a design build and O&M contract for the Fort Chipewyan Phase 2 2.2MW ground mount photovoltaic solar project
Calgary Glycol Facilities
in the Calgary Airport Dedicated De-icing Facilities Project
Conagra Brands
in its $10-9 billion acquisition of Pinnacle Foods
PlantExt
in corporate, regulatory and IP matter related to Hebrew University, Agricultural Research Organization and ongoing corporate and financing needs
Algonquin Power Utilities
registered fixed to floating subordinated notes southbound MJDS offering
Baker Technologies
in its business combination with Santé Veritas Holdings
TriWest
in its investment in Lithion Power Group
724 Solutions
with structuring and implementing the privatization of the company by sale to Austin Ventures
A Canadian E&P company, with the sale of its gas plant
Cannabis Wheaton Income
in its strategic alliance agreement with Honest

Recognitions

Chambers Canada
Corporate/M&A 

 

Chambers Global

Corporate/M&A
International & Cross Border Transactions


The Legal 500 Canada
Ranked, Capital Markets
Ranked, Corporate and M&A
Canadian Legal Lexpert Directory
Most Frequently Recommended, Corporate Commercial Law (Calgary)
Consistently Recommended, Corporate Commercial Law (Edmonton and Toronto)
Repeatedly Recommended, Corporate Commercial Law (Vancouver)
Iatridis Kristos

Kristos J. Iatridis

Partner  •   Co-Head of Commercial Transactions Practice

Shoub Ted

Ted M. Shoub

Partner  •   Co-Head of Commercial Transactions Practice

Your Guide to Legal Solutions: Commercial Transactions

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The Bennett Jones Story

At Bennett Jones, legal solutions are our starting point. What drives us forward is knowing our clients inside and out—their ambitions, obstacles and success metrics.

For more than a century, we have shaped outcomes that matter in business, in law and in the broader Canadian landscape. And our commitment extends beyond legal matters: we invest deeply in the communities in which we live and work.