LEXPERT MAGAZINE
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MAY 2018 19
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CORPORATE TRANSACTIONS OF IMPORTANCE
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Palazzo, Packard, Wildermuth & Wyn-
ner, PC. J. Sagar Associates acted as In-
dian counsel to Xavient with a team led
by Sidarrth Shankar, Shantanu Jindel and
Shweta Gupta.
Utilities Financials Health Research
Entertainment Recreation & Leisure Advertising & Marketing
E-Commerce Construction & Engineering
Consumer Staples
KNOWLEDGE FIRST
FINANCIAL ACQUIRES
HERITAGE EDUCATION FUNDS
CLOSING DATE: JANUARY 2, 2018
On January 2, 2018, Knowledge First Fi-
nancial acquired Heritage Education Funds.
e transaction creates the largest Registered
Education Savings Plan (RESP) provider in
Canada with a combined $6.2 billion in as-
sets under management. Financial terms of
the transaction have not been disclosed.
Both companies are leading Canadian
R ESP providers and have helped Canadi-
ans plan — and support — their continu-
ing education needs through R ESP for the
past 50+ years.
Wildeboer Dellelce LLP advised the
purchasers with a team that included Mark
Wilson, Rebecca Cochrane and Alexandra
Meffe (corporate/commercial), Chris Par-
tridge (banking), Katy Pitch (tax), Daniel
Shapira (commercial real estate) and Ronald
Schwass (regulatory/compliance).
McMillan LLP advised the vendors on
the sale of Heritage Education Funds Inc.,
and their affiliates, with a team led by Patrick
Phelan and composed of Sean Brandreth,
Carolynn Goldman and Anthony Pollatta
(business law), Michael Burns (capital mar-
kets), William Rowlands (real estate), and
David ring, Anna Ly and Megan Single-
ton (financial services).
DOMETIC GROUP
AB ACQUIRES SEASTAR
SOLUTIONS FOR US$875M
CLOSING DATE: DECEMBER 5, 2017
On December 15, 2017, Dometic AB, a Swe-
den-based maker and seller of products for
mobile living, such as vehicle parts, food and
hygiene items, announced its acquisition of
SeaStar Solutions, a leading provider of ves-
sel control and fuel systems and aermarket
products to the leisure marine industry, from
an affiliate of New York-based private equity
company American Securities LLC.
e transaction is valued at US$875
million (approximately $1.1 billion) and
was fully financed via cash and committed
bank facilities.
Lawson Lundell LLP advised Dometic
AB on Canadian matters, with a team that
included Andrew Robertson and Zander
Grant (corporate), Megan Kaneen and Lisa
Chamzuk (pensions and benefits), Rob
Sider, Katy Allen and Deborah Cushing
(labour and employment), Marko Vesely
(litigation), Jennifer Nyland and Will Shaw
(environmental), and Len Glass and Gareth
Williams (tax).
Borden Ladner Gervais LLP advised
the vendors on Canadian matters, with a
team that included Jennifer Archer as well
