8 LEXPERT MAGAZINE
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JULY 2019
BIG DEALS
CORPORATE TRANSACTIONS OF IMPORTANCE
Consumer Services Energy & Power Pipelines
Aerospace & Defence Automotive Materials
Utilities Financials Health Research
Media & Entertainment Recreation & Leisure Advertising & Marketing
E-Commerce Construction & Engineering
Consumer Staples
DE HAVILLAND AIRCRAFT OF
CANADA LIMITED ACQUIRES
DASH 8 PROGRAM FROM
BOMBARDIER INC.
CLOSING DATE: MAY 31, 2019
De Havilland Aircra of Canada Limited
("DHC") completed the acquisition of
substantially all of the assets of the Dash
8 aircra program from Bombardier Inc.
("Bombardier") for gross proceeds of ap-
proximately US$300 million. e acquisi-
tion included the 100, 200 and 300 series
and the in-production Q400 program.
DHC is a wholly-owned subsidiary of
Longview Aviation Capital Corporation
("LACC"). e Dash 8 joins LACC's com-
prehensive portfolio of aircra programs,
including the Twin Otter program and the
DHC-1 through DHC-7 series, as well as
the former Canadair CL-215, CL-215T
and the CL-415 waterbomber aircra.
DHC will carry on the production of
Q400 aircra at the Downsview Facility
in Toronto and will continue performing
aer-market services for Q-Series aircra.
1,200 professionals joined DHC from
Bombardier. e transaction marks the
return of the de Havilland brand to the
global aerospace industry. e iconic de
Havilland name dates back almost 100
years and is responsible for some of the
most renowned aircra in aviation history.
Following the transaction, LACC is now
North America's largest commercial tur-
bo-prop aircra manufacturer.
DHC and LACC were represented
by Bennett Jones LLP with a team led
by Bryan Haynes and John Lawless and
which included Byron Tse, Joel Wiens,
Luke Johnson and Blair Hobkirk (M&A),
Sebastien Gittens and Stephen Burns (IP),
Jane Helmstadter, Leonard Griffiths and
Christopher Ferencz (Real Estate and En-
vironmental), Carl Cunningham, John
Batzel and Talia Bregman (Employment),
Adam Kalbfleisch, Kyle Donnelly and Aly-
sha Pannu (Competition/Antitrust), Susan
Seller (Pension and Benefits) and Patrick
Brennan and Nicholas Emter (Banking).
Hogan Lovells International LLP act-
ed as international competition counsel
to DHC and LACC, with a team led by
Edith Ramirez and which included Dr.
Salome Cisnal de Ugarte, Robert Baldwin,
Ivan Pico and Alexandra Bray.
e parent of DHC and LACC was rep-
resented by Goodmans LLP with a team
comprising Celia Rhea, David Rosner, Jus-
tine Johnston and Brendan Dean.
Bombardier was represented internally
by Alain Doré (Associate General Coun-
sel and Head of Legal Services, Mergers
and Acquisitions and Corporate Services),
Geneviève Lefort (Senior Legal Counsel),
Nicholas Cerminaro (Associate General
Counsel), Christian Poupart (Vice Presi-
dent, Legal and Contracts) and Allon Pol-
lack (Senior Legal Counsel, Aerostructures
& Engineering Services).
Gowling WLG (Canada) LLP acted
as corporate counsel to Bombardier with
a team led by Faran Umar-Khitab and Ste-
phen McKersie that included Parna Sabet-
Stephenson, Cara Stoller, Susana Fonseca,
Jessica George and Josiah Davis (M&A),
Susan Rosen (Real Estate), Daniel Hay-
hurst (Pensions and Benefits), Ian Mac-
donald and Joseph McDonald (Competi-
tion), Kevin Sartorio, Shelagh Carnegie,
Selena Kim and Kristen Kilroy (Intellectu-
al Property), Cynthia Elderkin and Garrett
Hamel (Regulatory). Hicks Morley Ham-
ilton Stewart Storie LLP acted as labour
counsel to Bombardier with a team led by
Simon Mortimer and including Stephanie
Kalinowski and Gregory Power.
HANSEN TECHNOLOGIES LIMITED
ACQUIRES SIGMASYSTEMS
FOR C$152.5 MILLION
CLOSING DATE: MAY 31, 2019
Sigma Systems, a company majority owned
by Birch Hill Equity Partners Manage-
ment since 2015, was acquired by Hansen
Technologies Limited, a publicly traded
company listed on the Australian Stock
Exchange (ASX: HSN).
Sigma is the global leader in catalog-driv-
en soware solutions for communications,
media, and high-tech companies. It serves
over 80 customers in 40 countries with its
award-winning products. Sigma has offices
in North and South America, Europe and
Asia Pacific, with technology and integra-
tion partners globally.
Hansen is a global leader in billing, data
management and customer care solutions
for the energy, water, pay-TV, and telecom-
munications industries. Hansen has offices
throughout the world and servicing cus-
tomers in over 80 countries. e acquisi-
tion supports Hansen's scale and scope in
the telecommunications sector and the
cross-sell opportunities into large utilities
customer base by integrating the Catalog
product into energy product offerings.
is acquisition represents a strategic move
to further expand the depth and breadth of
Hansen's global presence.
McMillan LLP acted as lead counsel to
Hansen with a team lead by JR Beaudrie,
and including Adriana Rudensky, Philip
Vineberg, Tyson Gratton and Maneesha
Dakha (Corporate and M&A); Don Wa-
ters and Alex Ricchetti (Finance); Casey
Halladay (Competition); Andrew Stirling
(Tax); Paul Boshyk (Employment); Lynd-
say Wasser and Mitch Koczerginski (Priva-
cy & Data Protection); Scott Martyn (Real
Estate); Peter Giddens and Christie Bates
(Intellectual Property).
Stikeman Elliott LLP acted as lead
counsel to Sigma Systems and Birch Hill
Equity Partners Management with a team
including D'Arcy Nordick, Evan Mar-
cus, Andrew Chan, Matthew Lee, David
Rossetti (Corporate and M&A); Khalfan
Khalfan (Employment); Michael Laskey,
Gideon Kwinter (Regulatory).
Davies Ward Phillips & Vineberg
LLP acted as counsel to Birch Hill Equity
Partners Management and Sigma Systems
in respect of banking related matters with
a team led by Derek Vesey and including
Adam Curran.
Osler, Hoskin & Harcourt LLP acted
as Canadian financial counsel to the lend-
ers, Royal Bank of Canada and Australia
and New Zealand Banking Group Limited,
with a team led by Lisa Mantello and includ-
ing Britt Sargent and Tom Budziakowski.
King & Wood Mallesons acted as
lead counsel to the lenders, Royal Bank of
Canada and Australia and New Zealand
Banking Group Limited, with a team
led by Yuen-Yee Cho, and including Dale
