181 Bay St, Suite 4400, Brookfield Pl, Bay Wellington Twr, Toronto, ON
Year called to bar: 1987 (ON)
Michael Whitcombe is a senior partner, past chairman of the board of partners, and national co-chairman of the private equity practice of McMillan LLP. Since 2013, he has been recognized as one of Canada’s leading business lawyers in The Canadian Legal Lexpert® Directory in the areas of Mergers & Acquisitions and Corporate Mid-Market. He principally practises in the areas of negotiated merger and acquisition transactions (domestic and cross-border), private equity investments, strategic alliances, complex commercial arrangements, and corporate governance. He regularly advises private equity firms and medium and large corporations (both domestic and international) and their boards of directors in connection with their operations throughout Canada. He has significant industry experience in technology, enterprise software, pharmaceutical, automotive, manufacturing, distribution, service, entertainment, hospitality, and tourism sectors. He has been an adjunct professor of Queen’s University law school, honorary solicitor for The Arthritis Society and the Oakville Community Foundation, and director of the MLSE LaunchPad–Youth Centre for Sport Development. He holds a degree in business administration in addition to his LLB and LLM.
An affiliate of Mattamy Homes Ltd. acquired all of the issued and outstanding shares of Monarch Corporation, the Canadian operations of US homebuilder Taylor Morrison Home Corporation, for CAD$335 million at closing, subject to customary post-closing adjustments. Immediately prior to the closing, approximately C$235 million of cash at Monarch was distributed to a subsidiary of TMHC for total proceeds of C$570 million from the share sale. The transaction closed following the satisfaction of customary closing conditions, including clearance by the Canadian Competition Bureau.