Novacap Management Inc.

Acted for Novacap Management Inc. in the creation of the first major private equity continuation vehicle in Canada. Novacap's TMT VI Fund and the continuation vehicle, whose lead investor is the Vintage Funds within Goldman Sachs Asset Management, acquired a controlling interest in Montréal-based Syntax Systems Group Inc. from Novacap TMT IV and Novacap TMT V, along with other shareholders.

Plusgrade L.P.

Acted for Plusgrade L.P., a recognized leader in providing innovative revenue-generating solutions for the global travel industry, and its partners in connection with an equity investment by Novacap.

Leaseweb Global B.V.

Acted for Leaseweb Global B.V., a leading hosting and cloud services company, in its acquisition of all of the issued and outstanding shares of iWeb Technologies Inc., a subsidiary of Internap Holding LLC and one of Canada's foremost providers of cloud services and server hosting.

Nelmar Group

Acted for the shareholders of Nelmar Security Packing Systems Inc., Plastixx Extrusion Technologies Inc. and Plastixx FFS Technologies Inc. in the sale of their 100% interest to Balcan Plastics Ltd., a subsidiary of BDT Capital Partners.

Rosenbloom Groupe Inc. and Hymopack Ltd.

Acted for Rosenbloom Groupe Inc. and Hymopack Ltd. in the sale of 100% of their equity interests to wholly owned subsidiaries of ProAmpac Packaging Canada Inc.

ASEQ Studentcare

Acted for the shareholders of ASEQ Studentcare in the sale of a 100% interest to People Corporation.

Boutique Linus Inc.

Acted for Boutique Linus Inc. which operates Fortnine.ca, a leading Canadian online retailer and distributor in the powersports industry, in a sale of an interest to Novacap.

JAM Industries Ltd.

Acted for the shareholders of JAM Industries Ltd. in the sale of its majority interest to DCC Technology Holdings Canada Inc., a subsidiary of DCC plc.

Plusgrade L.P.

Acted for Plusgrade L.P. and its partners in the $200-million equity investment by Caisse de dépôt et placement du Québec. Plusgrade is a leading provider of revenue solutions to the travel industry, such as seat upgrades and other premium services, through its proprietary software platform.

Canopy Growth Corporation

Acted for Canopy Growth Corporation in its acquisition of a majority stake in BioSteel Sports Nutrition Inc., a leading producer of sports nutrition products.

Gelpac Inc. and Namakor Holdings

Acted for Namakor Holdings and its portfolio company Gelpac Inc., a Canadian leader of high-performance packaging solutions, in the strategic acquisition of WBC Extrusion Products, Inc., a U.S. specialty manufacturer of single-use blown polymer films.

Rogers Sugar Inc.

Acted for Rogers Sugar Inc. in connection with the acquisition of L.B. Maple Treat Corporation, one of the world's largest branded and private label maple syrup bottling and distribution companies, for $160.3 million.

Trivest Partners L.P.

Acted for Trivest Partners, a U.S. private equity firm focused exclusively on mid-market founder- and family-owned businesses, in its acquisition of GAL Power Systems, a leading Canadian provider of commercial and industrial power generator sets and climate control systems operating across Canada, including Québec.

Plusgrade L.P.

Acted for Plusgrade L.P. and its partners in connection with an investment by Boston-based private equity firm TA Associates and related financing. Plusgrade is a leading provider of revenue solutions to the travel industry, such as seat upgrades and other premium services, through its proprietary software platform.

Felda Global Ventures Holdings Sdn. Bhd.

Acted for Malaysia's Felda Global Ventures Holdings Sdn. Bhd., one of the largest palm plantation operators in the world, in its sale of eastern Canada's largest oilseed processing plant to Viterra Inc. for $190 million.

PSP Investments

Acted for PSP Investments in its strategic investment in SitusAMC, the leading provider of services and technology supporting the real estate finance industry.

Novacap Industries III, L.P.

Acted for Novacap Industries III, L.P. in connection with the sale to Arlon Capital Partners of its interest in Idaho Pacific Holdings, Inc. and AgraWest Foods Ltd., manufacturers of dehydrated potato products.

Caisse de dépôt et placement du Québec

Acted for the Caisse de dépôt et placement du Québec in connection with its initial $25-million investment in LASIK MD, Canada's largest vision correction leader, to help finance the acquisition of a minority interest in Vision Group Holdings, an American leader in vision correction, as well as its undertaking to provide for additional investments to finance future acquisitions.

Meggitt plc

Acted as Canadian counsel to Meggitt PLC, a U.K.-listed maker of components and sub-systems for the aerospace, defence and selected energy markets, in the US$146-million sale of its U.S. subsidiary, Meggitt Training Systems, to private equity firm Pine Island Capital Partners LLC.

Rogers Sugar Inc.

Acted for Rogers Sugar Inc. in the $40-million acquisition by its subsidiary L.B. Maple Treat Corporation of Decacer, a major bottler and distributor of branded and private label maple syrup and maple sugar, based in Dégelis, Québec.

GAEA Grand Holdings Limited

Acted for GAEA Grand Holdings Limited, a leading global interactive entertainment company, in its investment in Behaviour Interactive Inc.

Valmet Technologies and Services Inc.

Acted as Canadian counsel to Valmet Technologies and Services Inc. in its acquisition of all the issued and outstanding shares of GL&V Canada Inc., a global provider of technologies and services to the pulp and paper industry.

Golden Gate Capital

Acted as Canadian counsel to Golden Gate Capital in its acquisition of 20-20 Technologies, Inc.

Lantic Inc.

Acted for Lantic Inc. in its strategic collaboration with DouxMatok to deliver a unique sugar reduction solution on cane sugar to food companies in North America.

Mexican-based Cannabis Producer

Acted for a Mexican-based cannabis producer with a share exchange and reverse takeover of a Canadian-based cannabis producer with assets in Colombia.

Haven Interactive Studios Inc.

Acted as Canadian counsel for Haven Entertainment Studios Inc., Montréal-based video game studio, in its sale to a wholly owned subsidiary of Sony Interactive Entertainment LLC.

Potentia Renewables Inc.

Acted for Potentia Renewables Inc. in its sale of all of the issued and outstanding shares of Emerald Solar Energy SRL, owner of an operational solar project named Canoa 1 located in the Barahona Province, Dominican Republic, to Polaris Infrastructure Inc.

Claridge Inc.

Acted for Claridge Food Group in its C$40-million investment in WeCook Meals, the leading ready-to-eat food processor in Québec and Ontario.

Novacap Management Inc.

Acted for Novacap Management Inc. in the creation of a private equity continuation vehicle and transaction whereby Novacap's Industries V Fund and the continuation vehicle, whose lead investor is the Vintage Funds within Goldman Sachs Asset Management, acquired a controlling interest in Montréal-based The Master Group Inc. from Novacap Industries III, along with other shareholders.

Plusgrade Inc.

Acted for Plusgrade Inc. in its purchase of all the issued and outstanding shares of Israel-based technology and hospitality company, Ancillary Streams Ltd., a global software provider of upgrade solutions to hotels, known as “UpStay.”

Numerix LLC

Acted as Canadian counsel to Genstar Capital-backed Numerix LLC, a leader in capital markets risk management technology, in its acquisition of all the issued and outstanding shares of FinancialCAD Corporation.

Coriel Capital Inc.

Acting for Coriel Capital Inc., a women-owned ultra-high-net-worth wealth management firm based in Montreal, in its sale to CI Financial Group.

Plusgrade Inc.

Acted for Plusgrade in connection with General Atlantic’s strategic investment in the ancillary revenue powerhouse. The investment represents a monumental transaction for the global travel tech sector.

Overhaul of Québec Legislation Concerning Publicity Contests

Nov. 28, 2023 - Québec recently repealed the province’s strict regulations concerning contests open to Québec participants by amending the Act respecting lotteries, publicity contests, and amusement machines (Act) and by abolishing the Rules Respecting Publicity Contests (Rules). Historically,...

Rewards Programs May Be Covered by Québec Consumer Protection Legislation

Mar. 06, 2017 - On February 22, 2017, Bill 791: An Act to amend the Consumer Protection Act in order to regulate rewards program contracts (Proposed Amendment) was introduced as a private member’s bill in the Québec National Assembly. The Proposed Amendment extends the scope of the Québec Consumer...