Christina Sauro

Associate

Christina Sauro

Christina Sauro

Associate

Bar Admissions
  • Québec, 2012

Christina assists clients on a variety of complex deals and corporate matters.

She works on commercial real estate investments, private mergers and acquisitions, commercial agreements and financing transactions. Her clients include Canadian and international corporations in a wide range of industries, pension funds and real estate developers.

For two months in 2015, Christina was seconded to the legal department of one of Canada’s largest pension funds, where she acted on infrastructure and commercial real estate investments.

She is a member of the Organizing Committee for the McCord Museum’s Annual Sugar Ball and is a volunteer on the Communication & Public Relations Committee for the Montréal chapter of Dress for Success, a worldwide not-for-profit organization that helps disadvantaged women enter the labour market and achieve financial independence.

Christina Sauro

Associate

Christina assists clients on a variety of complex deals and corporate matters.

She works on commercial real estate investments, private mergers and acquisitions, commercial agreements and financing transactions. Her clients include Canadian and international corporations in a wide range of industries, pension funds and real estate developers.

For two months in 2015, Christina was seconded to the legal department of one of Canada’s largest pension funds, where she acted on infrastructure and commercial real estate investments.

She is a member of the Organizing Committee for the McCord Museum’s Annual Sugar Ball and is a volunteer on the Communication & Public Relations Committee for the Montréal chapter of Dress for Success, a worldwide not-for-profit organization that helps disadvantaged women enter the labour market and achieve financial independence.

Cimpl Inc.

Acted on behalf of Cimpl Inc., a leading cloud-based telecom expense management platform, in its sale to Upland Software, Inc., a publicly traded company based in Austin, Texas, for a total purchase price of $34.2 million.

Iris, Le Groupe Visuel (1990) Inc.

Acted for Iris, Le Groupe Visuel (1990) Inc., the optometric division of New Look Vision Group Inc., in its acquisition of substantially all of the assets of the Darryl Sher group, which operates six retail optical clinics in Southern Ontario: Toronto, Owen Sound, Midland, Alliston, Angus and Bracebridge.

Knight Therapeutics Inc.

Acted for Knight Therapeutics Inc. in its US$5-million secured bridge loan to Triumvira Immunologics Inc. (Triumvira) to accelerate product development and the negotiation of an exclusive licence to commercialize Triumvira's future approved products for Canada, Israel, Mexico and Colombia.

PelicanCorp Pty Ltd.

Acted as counsel to Australia-based PelicanCorp in its acquisition of TelDig Inc., a Québec-based provider of damage-prevention software solutions doing business across Canada and the United States.

CHAMP Private Equity Pty. Limited

Acted as Canadian counsel for CHAMP Private Equity Pty. Limited in its acquisition of Cell Care and its subsidiary Insception Biosciences Inc., a consumer health company with operations across Australia and Canada that collects, processes and stores umbilical cord stem cells.

Michelin Group

Acted for the Michelin Group in its acquisition of Camso Inc., one of the global leaders in the design, manufacturing and distribution of off-road tires, wheels, tracks and conveyer belts, for a purchase price of US$1.7 billion. Camso has facilities in more than 25 jurisdictions world-wide.

Tour des Canadiens L.P.

Acted for the Tour des Canadiens L.P. in the sale of 1909 Taverne Moderne, a landmark retail asset. This is Canada's largest sports bar and restaurant with its three storeys representing an area of 25,174 square-feet.

Confidential client

Acted for a U.S. state retirement system in its joint venture with a real estate development company for the acquisition of various industrial properties in Ontario.

S.A. Jarislowsky Investments Inc.

Acted for Stephen A. Jarislowsky and S.A. Jarislowsky Investments Inc., being the principal shareholders, in the $1 billion sale of Jarislowsky Fraser Limited, a leading independent investment firm with approximately $40 billion in assets under management at the time of the transaction, to Scotiabank.

Vision Travel Solutions Inc.

Acted for Vision Travel, the largest independent travel management company in Canada, in connection with its merger with Colorado-based Direct Travel, Inc., one of the top travel management companies in the United States. Direct Travel and Vision Travel represent over $3 billion in sales, and the expanded business will have offices in over 60 locations with close to 2,000 employees across North America.

Sally Beauty Holdings, Inc.

Acted for Sally Beauty Holdings, Inc., the world's largest distributor and retailer of professional beauty products, in its acquisition of  H. Chalut Ltée, a Québec-based company in the hair care industry.

New Look Vision Group Inc.

Acted for New Look Vision Group Inc. in its $120-million acquisition, by way of plan of arrangement, of Iris, le groupe visuel (1990) Inc., which has a network of 147 retail locations across Québec, British Columbia, Alberta, Ontario and New Brunswick. The purchase was financed through various arrangements, including an increase of New Look's senior secured term facility with its bank syndicate, a new junior unsecured debt facility and an equity private placement.

Amcor Rigid Plastics USA, Inc.

Acted for Amcor Rigid Plastics USA, Inc. in connection with its US$280-million acquisition of the North American rigid plastics blow molding operations of Sonoco Products Company, a global packaging company based in the United States.

Communauto Inc.

Acted for Communauto Inc., one of the largest car-sharing services in the world, in connection with an investment by Automobiles Peugeot and MKB Partners Fund.

Amcor Limited

Acted for Amcor Limited in connection with its acquisition of Alusa, the largest flexible packaging business in South America, with operations in Chile, Argentina, Peru and Colombia.

Public Sector Pension Investment Board

Acted for Public Sector Pension Investment Board in connection with the acquisition by way of a joint venture with Henley Holding Company, a wholly-owned subsidiary of the Abu Dhabi Investment Authority, of a 58 million square foot portfolio of core industrial properties held by investment funds owned and managed by Exeter Property Group for US $3.15 billion.

The Cadillac Fairview Corporation Limited

Acted for The Cadillac Fairview Corporation Limited with respect to the establishment of a joint venture by a consortium comprised of The Cadillac Fairview Corporation Limited, Canderel, the Fonds immobilier de solidarité FTQ and the Club de hockey Canadien. Representing the joint venture, Tour des Canadiens 2 S.E.C., in connection with the development of Tour des Canadiens 2, a new 49 storey residential condominium building to be located across from the Bell Centre in the heart of downtown Montréal.

The MANN+HUMMEL Group

Acted as Canadian counsel to The MANN+HUMMEL Group of Ludwigsburg, Germany, in connection with its acquisition of the global filtration operations (excluding the South American operations) of Affinia Group for a purchase price of approximately US$1.335 billion (US$513 million for the equity and the assumption of US$822 million of debt).

Grafton-Fraser Inc.

Acted for Grafton-Fraser Inc., the owner and operator of Tip Top Tailors, in its acquisition, through a wholly owned subsidiary, of the Canadian retail assets of Jones Apparel (Canada) Ltd., a women's apparel retailer of the Jones New York brand.

Tippmann US Holdco, Inc. (part of the G.I. Sportz Group)

Acted for G.I. Sportz Inc. in connection with the acquisition of Kee Action Sports, a leading manufacturer and distributor of paintball sporting goods, equipment and apparel, based in New Jersey with distribution facilities located across the United States, Canada and the United Kingdom.

Oceanwide Inc.

Acted for Oceanwide Inc., a Montréal based insurance software firm, in connection with the sale of its business to Insurity Inc., a provider of core insurance processing and data integration and analysis solutions, based in Hartford, Connecticut.

InnVest Real Estate Investment Trust

Acted for InnVest Real Estate Investment Trust in the acquisition of the 644-room Hyatt Regency Vancouver hotel in British Columbia from an affiliate of Hyatt Hotels Corporation for $140 million.

Cominar Real Estate Investment Trust

Acted for Cominar Real Estate Investment Trust in connection with the acquisition of Centre Rockland from Ivanhoé Cambridge for $271,685,000. Davies also represented Cominar in financing the acquisition by way of an unsecured bridge facility of up to $275 million.

Cominar Real Estate Investment Trust

Acted for Cominar Real Estate Investment Trust in connection with the $1.527-billion acquisition of a portfolio of 11 shopping centres, three office properties and one industrial property from Ivanhoé Cambridge, the real estate subsidiary of the Caisse de dépôt et placement du Québec. The firm also represented Cominar in financing the acquisition, through the issuance of $250 million of trust units to Ivanhoé Cambridge by way of private placement, the issuance of $250 million of trust units to the public by way of a bought deal, the establishment of new unsecured bridge facilities of up to $850 million, a $100-million unsecured credit facility, and mortgage financings of $250 million.

InnVest Real Estate Investment Trust

Acted for InnVest Real Estate Investment Trust in connection with the negotiation of a franchise agreement with Franchise and License (Canadian) OPS Limited Partnership, an affiliate of Starwood Hotels & Resorts Worldwide, Inc., for the Sheraton Suites Calgary Eau Claire hotel located in Calgary.

Artmetco Inc.

Acted in connection with the sale of Artmetco Inc., a manufacturer specialized in metal fabrication, based in St. Laurent, Québec, with operations in China.

Revera Inc.

Acted for Revera Inc. in connection with a joint venture between Revera Inc. and Réseau Sélection which combines Revera's seven retirement residences in Québec with eleven residences owned and managed by Réseau Sélection, along with the residence "Le Cambridge" which was already owned in joint venture by Revera and Réseau Sélection.

G.I. Sportz Inc.

Acted for G.I. Sportz Inc. in connection with the acquisition of Tippmann Sports, LLC, a leading manufacturer and distributor of markers and goggles for the paintball, airsoft and laser tag industries.

InnVest Real Estate Investment Trust

Acted for InnVest Real Estate Investment Trust in connection with the early termination of the lease relating to the National Hotel and Suites located in Ottawa.

Partners Real Estate Investment Trust

Acted for Partners Real Estate Investment Trust in connection with its acquisition of two retail properties in Montréal and a portfolio of four retail properties located in the cities of Montréal, Sorel, Saint-Rémi and Repentigny in the province of Québec for a total purchase price of $98,885,500.

InnVest Real Estate Investment Trust

Acted for InnVest Real Estate Investment Trust in connection with the sale of the Hotel Delta Centre-Ville (Montréal).

Pharmascience Inc.

Acted for Pharmascience Inc. in connection with its acquisition from Helix Biopharma Corp. of the Rivex Pharma division.

Bar Admissions

Québec, 2012

Education

McGill University, BCL/LLB (Dean’s Honour List), 2012
The University of Melbourne, (Law Exchange Program), 2011
McGill University, BComm (with Great Distinction, Dean’s Honour List), 2008

Community Involvement

Dress for Success (Montréal), Communication & Public Relations Committee
McCord Museum, Annual Sugar Ball, Organizing Committee

Christina assists clients on a variety of complex deals and corporate matters.

She works on commercial real estate investments, private mergers and acquisitions, commercial agreements and financing transactions. Her clients include Canadian and international corporations in a wide range of industries, pension funds and real estate developers.

For two months in 2015, Christina was seconded to the legal department of one of Canada’s largest pension funds, where she acted on infrastructure and commercial real estate investments.

She is a member of the Organizing Committee for the McCord Museum’s Annual Sugar Ball and is a volunteer on the Communication & Public Relations Committee for the Montréal chapter of Dress for Success, a worldwide not-for-profit organization that helps disadvantaged women enter the labour market and achieve financial independence.

Cimpl Inc.

Acted on behalf of Cimpl Inc., a leading cloud-based telecom expense management platform, in its sale to Upland Software, Inc., a publicly traded company based in Austin, Texas, for a total purchase price of $34.2 million.

Iris, Le Groupe Visuel (1990) Inc.

Acted for Iris, Le Groupe Visuel (1990) Inc., the optometric division of New Look Vision Group Inc., in its acquisition of substantially all of the assets of the Darryl Sher group, which operates six retail optical clinics in Southern Ontario: Toronto, Owen Sound, Midland, Alliston, Angus and Bracebridge.

Knight Therapeutics Inc.

Acted for Knight Therapeutics Inc. in its US$5-million secured bridge loan to Triumvira Immunologics Inc. (Triumvira) to accelerate product development and the negotiation of an exclusive licence to commercialize Triumvira's future approved products for Canada, Israel, Mexico and Colombia.

PelicanCorp Pty Ltd.

Acted as counsel to Australia-based PelicanCorp in its acquisition of TelDig Inc., a Québec-based provider of damage-prevention software solutions doing business across Canada and the United States.

CHAMP Private Equity Pty. Limited

Acted as Canadian counsel for CHAMP Private Equity Pty. Limited in its acquisition of Cell Care and its subsidiary Insception Biosciences Inc., a consumer health company with operations across Australia and Canada that collects, processes and stores umbilical cord stem cells.

Michelin Group

Acted for the Michelin Group in its acquisition of Camso Inc., one of the global leaders in the design, manufacturing and distribution of off-road tires, wheels, tracks and conveyer belts, for a purchase price of US$1.7 billion. Camso has facilities in more than 25 jurisdictions world-wide.

Tour des Canadiens L.P.

Acted for the Tour des Canadiens L.P. in the sale of 1909 Taverne Moderne, a landmark retail asset. This is Canada's largest sports bar and restaurant with its three storeys representing an area of 25,174 square-feet.

Confidential client

Acted for a U.S. state retirement system in its joint venture with a real estate development company for the acquisition of various industrial properties in Ontario.

S.A. Jarislowsky Investments Inc.

Acted for Stephen A. Jarislowsky and S.A. Jarislowsky Investments Inc., being the principal shareholders, in the $1 billion sale of Jarislowsky Fraser Limited, a leading independent investment firm with approximately $40 billion in assets under management at the time of the transaction, to Scotiabank.

Vision Travel Solutions Inc.

Acted for Vision Travel, the largest independent travel management company in Canada, in connection with its merger with Colorado-based Direct Travel, Inc., one of the top travel management companies in the United States. Direct Travel and Vision Travel represent over $3 billion in sales, and the expanded business will have offices in over 60 locations with close to 2,000 employees across North America.

Sally Beauty Holdings, Inc.

Acted for Sally Beauty Holdings, Inc., the world's largest distributor and retailer of professional beauty products, in its acquisition of  H. Chalut Ltée, a Québec-based company in the hair care industry.

New Look Vision Group Inc.

Acted for New Look Vision Group Inc. in its $120-million acquisition, by way of plan of arrangement, of Iris, le groupe visuel (1990) Inc., which has a network of 147 retail locations across Québec, British Columbia, Alberta, Ontario and New Brunswick. The purchase was financed through various arrangements, including an increase of New Look's senior secured term facility with its bank syndicate, a new junior unsecured debt facility and an equity private placement.

Amcor Rigid Plastics USA, Inc.

Acted for Amcor Rigid Plastics USA, Inc. in connection with its US$280-million acquisition of the North American rigid plastics blow molding operations of Sonoco Products Company, a global packaging company based in the United States.

Communauto Inc.

Acted for Communauto Inc., one of the largest car-sharing services in the world, in connection with an investment by Automobiles Peugeot and MKB Partners Fund.

Amcor Limited

Acted for Amcor Limited in connection with its acquisition of Alusa, the largest flexible packaging business in South America, with operations in Chile, Argentina, Peru and Colombia.

Public Sector Pension Investment Board

Acted for Public Sector Pension Investment Board in connection with the acquisition by way of a joint venture with Henley Holding Company, a wholly-owned subsidiary of the Abu Dhabi Investment Authority, of a 58 million square foot portfolio of core industrial properties held by investment funds owned and managed by Exeter Property Group for US $3.15 billion.

The Cadillac Fairview Corporation Limited

Acted for The Cadillac Fairview Corporation Limited with respect to the establishment of a joint venture by a consortium comprised of The Cadillac Fairview Corporation Limited, Canderel, the Fonds immobilier de solidarité FTQ and the Club de hockey Canadien. Representing the joint venture, Tour des Canadiens 2 S.E.C., in connection with the development of Tour des Canadiens 2, a new 49 storey residential condominium building to be located across from the Bell Centre in the heart of downtown Montréal.

The MANN+HUMMEL Group

Acted as Canadian counsel to The MANN+HUMMEL Group of Ludwigsburg, Germany, in connection with its acquisition of the global filtration operations (excluding the South American operations) of Affinia Group for a purchase price of approximately US$1.335 billion (US$513 million for the equity and the assumption of US$822 million of debt).

Grafton-Fraser Inc.

Acted for Grafton-Fraser Inc., the owner and operator of Tip Top Tailors, in its acquisition, through a wholly owned subsidiary, of the Canadian retail assets of Jones Apparel (Canada) Ltd., a women's apparel retailer of the Jones New York brand.

Tippmann US Holdco, Inc. (part of the G.I. Sportz Group)

Acted for G.I. Sportz Inc. in connection with the acquisition of Kee Action Sports, a leading manufacturer and distributor of paintball sporting goods, equipment and apparel, based in New Jersey with distribution facilities located across the United States, Canada and the United Kingdom.

Oceanwide Inc.

Acted for Oceanwide Inc., a Montréal based insurance software firm, in connection with the sale of its business to Insurity Inc., a provider of core insurance processing and data integration and analysis solutions, based in Hartford, Connecticut.

InnVest Real Estate Investment Trust

Acted for InnVest Real Estate Investment Trust in the acquisition of the 644-room Hyatt Regency Vancouver hotel in British Columbia from an affiliate of Hyatt Hotels Corporation for $140 million.

Cominar Real Estate Investment Trust

Acted for Cominar Real Estate Investment Trust in connection with the acquisition of Centre Rockland from Ivanhoé Cambridge for $271,685,000. Davies also represented Cominar in financing the acquisition by way of an unsecured bridge facility of up to $275 million.

Cominar Real Estate Investment Trust

Acted for Cominar Real Estate Investment Trust in connection with the $1.527-billion acquisition of a portfolio of 11 shopping centres, three office properties and one industrial property from Ivanhoé Cambridge, the real estate subsidiary of the Caisse de dépôt et placement du Québec. The firm also represented Cominar in financing the acquisition, through the issuance of $250 million of trust units to Ivanhoé Cambridge by way of private placement, the issuance of $250 million of trust units to the public by way of a bought deal, the establishment of new unsecured bridge facilities of up to $850 million, a $100-million unsecured credit facility, and mortgage financings of $250 million.

InnVest Real Estate Investment Trust

Acted for InnVest Real Estate Investment Trust in connection with the negotiation of a franchise agreement with Franchise and License (Canadian) OPS Limited Partnership, an affiliate of Starwood Hotels & Resorts Worldwide, Inc., for the Sheraton Suites Calgary Eau Claire hotel located in Calgary.

Artmetco Inc.

Acted in connection with the sale of Artmetco Inc., a manufacturer specialized in metal fabrication, based in St. Laurent, Québec, with operations in China.

Revera Inc.

Acted for Revera Inc. in connection with a joint venture between Revera Inc. and Réseau Sélection which combines Revera's seven retirement residences in Québec with eleven residences owned and managed by Réseau Sélection, along with the residence "Le Cambridge" which was already owned in joint venture by Revera and Réseau Sélection.

G.I. Sportz Inc.

Acted for G.I. Sportz Inc. in connection with the acquisition of Tippmann Sports, LLC, a leading manufacturer and distributor of markers and goggles for the paintball, airsoft and laser tag industries.

InnVest Real Estate Investment Trust

Acted for InnVest Real Estate Investment Trust in connection with the early termination of the lease relating to the National Hotel and Suites located in Ottawa.

Partners Real Estate Investment Trust

Acted for Partners Real Estate Investment Trust in connection with its acquisition of two retail properties in Montréal and a portfolio of four retail properties located in the cities of Montréal, Sorel, Saint-Rémi and Repentigny in the province of Québec for a total purchase price of $98,885,500.

InnVest Real Estate Investment Trust

Acted for InnVest Real Estate Investment Trust in connection with the sale of the Hotel Delta Centre-Ville (Montréal).

Pharmascience Inc.

Acted for Pharmascience Inc. in connection with its acquisition from Helix Biopharma Corp. of the Rivex Pharma division.

Bar Admissions

Québec, 2012

Education

McGill University, BCL/LLB (Dean’s Honour List), 2012
The University of Melbourne, (Law Exchange Program), 2011
McGill University, BComm (with Great Distinction, Dean’s Honour List), 2008

Community Involvement

Dress for Success (Montréal), Communication & Public Relations Committee
McCord Museum, Annual Sugar Ball, Organizing Committee