20 LEXPERT MAGAZINE
|
MAY 2018
BIG DEALS
as Andrew Hennigar (corporate), Kristen Kjellander (tax) and Davit
Akman (competition).
Alvarez Arrieta & Diaz-Silveira represented Dometic AB as US
Counsel, and coordinated a group of specialized counsel that assisted
on the matter that included Danziger & Markhoff LLP for ERISA
matters, Seward & Kissel LLP for HSR matters and Arnold & Por-
ter Kaye Scholer LLP who represented the seller.
NOVACAP ACQUIRES
MAJORITY STAKE
IN JOSEPH RIBKOFF INC.
CLOSING DATE: DECEMBER 6, 2017
On December 6, 2017, Novacap acquired a majority stake in Joseph
Ribkoff Inc., a Montréal-based designer, manufacturer and distribu-
tor of fashionable women's apparel.
is transaction is one of the first for Novacap in connection with
the fashion industry. It was funded by the Novacap Industries IV, L.P.
fund and was completed in partnership with the Fonds de solidarité
FTQ, the founder, Joseph Ribkoff, and company senior management.
e financial terms of the transaction have not been disclosed.
Novacap is a leading Canadian private equity firm with about $2.6
billion under management while Fonds de solidarité FTQ is a Qué-
bec-based development capital investment fund with over $13 billion
in net assets. Joseph Ribkoff Inc. is one of Canada's leading fashion
designers and has a presence in more than 64 international markets.
McMillan LLP acted as counsel to the Sellers with a team led by
Max Mendelsohn and comprised of Alexandre Koch (corporate and
M&A), Béatrice Méthé (corporate and M&A), Enda Wong (cor-
porate and M&A), Penny Genovezos (corporate), Casey Halladay
(competition), Michel Ranger (tax), Pierre-Christian Hoffman (real
estate), Shari Munk-Manel (employment) and Max Jarvie (financing).
Novacap was represented by Josiane Turcotte, legal counsel at No-
vacap, and by a team of lawyers at McCarthy Tétrault LLP led by
Patrick Shea and composed of Cristel Chabot-Lapointe, Isabelle Na-
zon, Bianca Déprés Tremblay and Anna Bronshteyn (corporate and
M&A), Mathieu Dubord, Ève Tessier and Étienne Guertin (financ-
ing), Angelo Discepola and Andrew Haikal (tax), Madeleine Renaud
(competition), Diana eophilopoulos (employment), Mary Pagonis
and Jay Gupta (real estate), Véronique Wattiez Larose (IP and IT) and
Dominique Amyot-Bilodeau (environment).
Davies Ward Phillips & Vineberg LLP acted for one of the prin-
cipal sellers with a team led by Justin Vineberg, and including Marie-
Emmanuelle Vaillancourt (tax) and Olivia Khazam (tax and M&A).
Norton Rose Fulbright Canada LLP acted for TD Bank with
a team led by David Lemieux and including Derek Chiasson (tax),
and Pierre-Olivier Tremblay, Ricardo Lento and Pierre-François Té-
treault (banking).
XYLEM COMPLETES
ACQUISITION OF PURE
TECHNOLOGIES
CLOSING DATE: JANUARY 31, 2018
On January 31, 2018, Xylem Inc., a leading global water technology
company, completed the acquisition of Pure Technologies Ltd. for
$9.00 per share in cash, representing an enterprise value of $509 mil-
lion. e transaction, initially announced on December 11, 2017, was
effected by way of a plan of arrangement under the Business Corpora-
tions Act (Alberta).
e acquisition is expected to strengthen Xylem's position as a lead-
ing provider of intelligent solutions that address the water industry's
most persistent problems, with Pure Technologies' solutions comple-
menting the broader Xylem portfolio and bringing greater scale to
Xylem's growing data analytics and soware-as-a-service capabilities.
Xylem was represented in the United States by Gibson, Dunn &
Crutcher LLP with a team that included Barbara Becker, Saee Mu-
zumdar and Phillip Sanders (M&A); and in Canada by Stikeman
Elliott LLP with a team that included John Leopold, Maxime Tur-
cotte, David Tardif and Antoine Champagne (M&A and securities),
Frank Mathieu and Nicolas Grenier (tax), Paul Collins, Shawn Ney-
lan, Michael Kilby (regulatory) and Geoffrey Holub (court approval).
Pure Technologies was represented internally by Nicole Springer,
Chief Legal Officer & Corporate Secretary, and externally by Mc-
Carthy Tétrault LLP with a team that included Catherine Samuel,
Gordon Cameron, Farhiyah Shariff, Melissa Colborne, Niki Gill
(M&A and securities), Dominic érien (regulatory), Robert Near-
ing (tax), Ben Aberant (employment), Vincent Yip (intellectual
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