18 LEXPERT MAGAZINE
|
MARCH 2017
BIG DEALS
DEALS ANALYSIS
21
21
Total Deals Published
13
Corporate Finance
21
8
Mergers & Acquisitions
21
3
Cross-border Transactions
21
BIG DEALS
TRANSACTION VITALS
ANNOUNCED: 11/10/2016
CLOSED: 1/3/2017
TECHNIQUE: DIVESTITURE, STOCK SWAP
ATTITUDE: FRIENDLY
SOUGHT: 100%
STEPHEN PINCUS
GOODMANS LLP
TORONTO (FOR ACASTA)
LAWRENCE WILDER
FORMERLY OF CASSELS
BROCK & BLACKWELL LLP
TORONTO (FOR APOLLO)
BRIAN PUKIER
STIKEMAN ELLIOTT LLP
TORONTO (FOR JEMPAK)
KATE MCGILVRAY
BLAKE, CASSELS & GRAYDON LLP
TORONTO (FOR STELLWAGEN)
On January 3, 2017, Acasta Enterprises Inc. ("Acasta") completed
its $1.2-billion qualifying acquisition of Apollo Health & Beauty
Care Partnership ("Apollo"), JemPak Corporation ("JemPak") and
Stellwagen Group ("Stellwagen"). Concurrently, Acasta completed
a $160-million private placement and $150-million credit facilities,
and announced its first long-term multi-billion-dollar PE fund. is
transaction is Canada's first qualifying acquisition by a SPAC, and
understood to be the world's first multiple-target SPAC acquisition.
Acasta was represented by a team led by Stephen Pincus and includ-
ing William Gorman, Kari MacKay, Celia Rhea, Michelle Vigod,
Shazia Banduk, Ali Mirsky, Emily Weizel, Andrea Tsoulogiannis
and Kyle Gerow (corporate/securities/M&A), Dan Dedic, Eliza-
beth Mpermperacis and eresa Kennedy (banking), Jon Northup
and Michael Royal (tax), Shevaun McGrath (fund formation), Susan
Garvie (employment), Catherine Lyons (environment), Amalia Berg
(IP), John Alton (pensions), Jeffrey Shore (leasing), Francy Kussner
(insurance) and Richard Annan (competition) of Goodmans LLP,
with Alexander Singh, Secretary and General Counsel of Acasta, and
Stuart Gelfond and David Rao of Fried, Frank, Harris, Shriver &
Jacobson LLP in the US.
Apollo Health & Beauty Care Partnership was represented by
Lawrence Wilder, Tom Koutoulakis, Zohar Barzilai, Stefanie Sebanc,
Luke Woolford and Emily Larose (M&A), Signe Leisk and Adrianna
Pilkington (environmental & municipal), Jonathan Freeman and Jes-
sica Lipton (real estate & development), Gordon Goodman and Jason
Arbuck (financial services), Chandimal Nicholas (intellectual prop-
erty), Chris Hersh (competition) and Kristin Taylor (employment) of
Cassels Brock & Blackwell LLP.
JemPak was represented by Brian Pukier, Amanda Linett, Cheryl
De Los Santos and Charles McDonald (corporate/M&A), Katy
Pitch and Lindsay Gwyer (tax) and Chad Bass-Meldrum (real estate)
of Stikeman Elliott LLP. Certain shareholders were also represented
by Barbara Lanys and Jessie Penley of Bloom Lanys LLP.
Stellwagen was represented by Ben Higson, Don McGown, Derek
Meilman, Catherine Lah, Nothando Malaba, Ben Coleman, Elly
Dennis (corporate/M&A), Mark Jones and Aniko Adam (com-
petition), Karen Hughes and Aaron Burchell (tax), Lewis Cohen
and Edgard Alvarez (debt capital markets) and and Anvita Sharma
(employment) of Hogan Lovells, with Nigel Goldsworthy, Group
General Counsel of Stellwagen, and Kate McGilvray and Andrew
ompson (corporate/M&A) and Norbert Knutel and David Bris-
tow (securities) of Blake, Cassels & Graydon LLP.
e co-financial advisors and settlement agents were represented
by Simon Romano and William Scott (securities) and John Lorito
(tax) of Stikeman Elliott LLP.
Financing of the JemPak and Apollo acquisition was underwritten
by CIBC and TD. Counsel to the underwriters was Joel Scoler, Tim
Baron, Peter Martorelli and Dina Milivojevic of Davies Ward Phil-
lips & Vineberg LLP.
COMPILED BY GENA SMITH
Consumer Goods
ACASTA ENTERPRISES COMPLETES
CANADA'S FIRST SPAC QUALIFYING ACQUISITION
Utilities Financials Health Research
Entertainment Recreation & Leisure Advertising & Marketing
E-Commerce Construction &
Consumer Staples