199 Bay St, Suite 4000, Commerce Court West, Toronto, ON
Year called to bar: 2003 (ON)
Paul is a mergers & acquisitions and private equity partner, working both from the firm's Toronto and Calgary offices. Paul acts as lead counsel on buy, sell and investment mandates for both public and private strategic clients and private equity investors and sponsors. He has a particular expertise in cross-border and international transactions. Paul advises strategic and private equity clients across a broad set of industries, including agribusiness, cannabis, energy, food & beverage, industrials, infrastructure, technology and renewables. Paul also advises on a broad range of other corporate matters, including strategic alliances, joint ventures, partnerships, and reorganizations. Paul is co-head of both the firm’s Food, Beverage & Agribusiness Group and South Asian Affinity Group.
On October 3, 2016, Element Financial Corporation completed a butterfly reorganization by way of plan of arrangement pursuant to which the business was split into two separate companies: Element Fleet Management Corp. and ECN Capital Corp.
Element Financial Corporation acquired the assets and operations of PHH Arval, PHH Corporation's North American fleet management services business, for a purchase price of US$1.4 billion in cash. Element also assumed PHH's obligations under the PHH fleet securitization programs in the US and Canada.
Element Financial Corporation (TSX: EFN) completed its largest acquisition to date with the $570-million purchase of the assets comprising GE Canada's fleet leasing business. GE Canada's fleet vehicle portfolio consists of 650 regionally diversified customers and integrated fleet management services for vehicle and light and medium truck financings. As part of the acquisition, Element also entered into a strategic alliance agreement with GE Capital Fleet Services in the US pursuant to which the companies will collaborate primarily on the pursuit of Canadian/US cross-border fleet management opportunities.
