1000 De La Gauchetière St W, Suite MZ400, Montréal, QC
Year called to bar: 1996 (QC)
Patrick is co-head of our National Capital Markets Group. Patrick's practice focuses on securities and corporate law, concentrating on mergers and acquisitions, takeover bids, private equity deals, and public financings. He is counsel to issuers and underwriters in various public offerings (including initial public offerings) and private placements of publicly listed issuers. He has participated in numerous takeover bids and going-private transactions of publicly-listed issuers, and has acted as counsel to independent committees in connection with various transactions. Member of the Quebec and Canadian Bar associations. Received his BBA (Finance) from the École des hautes études commerciales of Montréal in 1991, and was admitted to the Quebec Bar in 1996.
Valener Inc (“Valener”) (TSX: VNR, VNR.PR.A), the public investment vehicle of Énergir, L.P., Noverco Acquisition Inc. and Noverco Inc. (“Noverco”), the controlling partner of Énergir, L.P., completed their acquisition through the sale of all of the issued and outstanding common and preferred shares of Valener for a total enterprise value of approximately $1.1 billion, including the assumption of existing indebtedness.
On October 26, 2018, Stingray Digital Group Inc. (TSX: RAY.A; RAY.B), a leading music, media and technology company, completed the acquisition of Newfoundland Capital Corporation Limited (TSX: NCC.A; NCC.B), one of Canada’s leading radio broadcasters with 101 broadcast licences (72 radio stations and 29 repeating signals) across Canada, in a transaction valued at approximately $506 million.
On March 5, 2018, Garda World Security Corp. (GardaWorld, or the Company) announced that it successfully completed its previously announced private offering of US$125.0 million aggregate principal amount of additional 8.75-per-cent senior notes due 2025 (the Notes).
On May 1, 2018, Transcontinental Inc. (TSX: TCL.A), a leader in flexible packaging in North America and Canada’s largest printer, completed the transformational acquisition of the business of Coveris Americas, a leading flexible packaging business based in Chicago, Illinois, for a purchase price of approximately $1.72 billion, subject to customary purchase price adjustments.
On February 6, 2018, Innergex Renewable Energy Inc. (Innergex) completed the acquisition of Alterra Power Corp. (Alterra) by way of an arrangement agreement pursuant to which Innergex acquired all of the issued and outstanding common shares of Alterra for an aggregate consideration of $1.1 billion, including the assumption of Alterra’s debt.
A group of investors led by the Dutil family (the Family Group) and composed of American Industrial Partners (AIP), Caisse de dépôt et placement du Québec (CDPQ) and Fonds de solidarité FTQ (FSTQ and, collectively with the Family Group and CDPQ, the Rollover Shareholders) successfully completed the acquisition of Canam Group Inc. (Canam), a corporation involved in the design, manufacture and sale of construction products and services for the commercial, industrial, institutional, multi-residential and infrastructure construction industries, for approximately $875 million, including the assumption of existing indebtedness.
GW Honos Security Corp., an affiliate of Garda World Security Corp., completed on May 8, 2017, a private offering of US$500 million aggregate principal amount of 8.75 per cent (Notes).
On February 11, 2016, Bombardier Inc. (Bombardier) closed the previously announced acquisition by Caisse de dépôt et placement du Québec (CDPQ) of a US$1.5 billion convertible share investment in Bombardier Transportation’s newly-created holding company, Bombardier Transportation (Investment) UK Ltd. (BT Holdco), which, following the completion of the previously-announced corporate reorganization, owns all of the assets of Bombardier’s Transportation business segment.
On July 8, 2015, TPG Capital LP (TPG), a global private investment firm, acquired a majority stake in Cirque du Soleil (Cirque), Canada’s iconic entertainment company, for an undisclosed amount. Caisse de dépôt et placement du Québec along with Fosun Capital Group, one of China’s leading privately-owned investment groups, also acquired a minority stake in Cirque. In addition, Mitch Garber, Chair of the Cirque Board, Claridge, Stephen Bronfman’s family investment arm, and Cirque President and CEO Daniel Lamarre acquired ownership stakes.
On May 20, 2015, BCE Inc. (BCE) and Rogers Communications Inc. (Rogers) completed their acquisition of GLENTEL Inc. (GLENTEL), a Canadian-based multi-carrier mobile products distributor.
On March 12, 2015, National Bank of Canada completed a secondary offering, through a subsidiary, on a private placement basis, of 9,083,000 class A subordinate voting shares of Fiera Capital Corporation at a price of $12.60 per share for gross proceeds of $114,445,800.
Publicis Groupe SA, a multinational company from France, acquired Nurun Inc, a Montreal-based provider of digital marketing services, for $125 million, from Québecor Média Inc.
A wholly owned subsidiary of Amaya Gaming Group Inc. completed its acquisition of 100 per cent of the issued and outstanding shares of privately held Oldford Group Limited, the parent company of Isle of Man-headquartered Rational Group Ltd., the owner and operator of the PokerStars and Full Tilt Poker brands, in an all-cash transaction for an aggregate purchase price of US$4.9 billion, including certain deferred payments and subject to customary purchase price adjustments.
