20 LEXPERT MAGAZINE
|
JUNE 2018
BIG DEALS
menbaum and Sheldon Elefant advised in
respect of US tax matters.
Stikeman Elliott LLP acted as Canadian
counsel to the underwriters with respect to
the Offering, with a team that included Jean
Marc Huot, David Tardif, Karine Bilodeau,
Jules Dumas-Richard and Louis-Paul Gam-
ache. Franco Gadoury and Philippe Kattan
advised regarding Canadian tax matters. Da-
vis Polk & Wardwell LLP acted as United
States counsel for the underwriters with
respect to the Offering, with a team that
included Byron Rooney, Marisa Kirio and
Arisa Akashi.
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
GFL ENVIRONMENTAL
ACQUIRES SMITHRITE
DISPOSAL AND CARNEY'S
WASTE SYSTEMS
CLOSING DATE: MARCH 1, 2018
On March 1, 2018, GFL Environmental Inc.
(GFL), by its wholly owned subsidiary GFL
Environmental Inc. 2018, completed the ac-
quisition of Smithrite Disposal (Smithrite)
and Carney's Waste Systems (Carney's).
Smithrite and Carney's are the premier
independent solid waste service providers in
British Columbia.
e acquisition will complement and ex-
tend GFL's existing solid and liquid waste op-
erations in British Columbia. Gordon Smith,
the son of the founders of Smithrite Dispos-
al, Ascher and Irene Smith, will remain with
GFL working to integrate and continue to
build the combined business.
Stikeman Elliott LLP acted for GFL un-
der the direction of Joy Grahek, Jonathan Ip
and Alliet Ngorima at GFL with a team that
included Jeffrey Singer, Tim Chubb and Kim
Le (M&A), Jennifer Legge, Shawn Smith
and Victoria Zaric (banking), Paul Yeung
(real estate) and Ryan Sheahan (intellectual
property). John Tidball of Miller omson
LLP advised GFL on environmental and
waste management regulatory matters re-
lated to the transaction.
Farris, Vaughan, Wills & Murphy LLP
represented Smithrite and Carney's with a
team that included Paul Richardson, Jamie
Matthews, Bradley Newby, Melissa Mitchell,
Allan McGavin (M&A) and Ronald Chin
(intellectual property).
COVEO SOLUTIONS
RECEIVES $100M
INVESTMENT FROM
ELLIOTT MANAGEMENT
CLOSING DATE: APRIL 4, 2018
On April 4, 2018, Coveo Solutions Inc.
successfully received its $100-million in-
vestment from Elliott Management Corp.
Elliott Management, a US investment gi-
ant, has purchased a 27-per-cent stake in the
company, through its Silicon Valley-based
private-equity arm, Evergreen Coast Capital.
Based in Québec, Coveo Solutions is a
fast-growing company that provides AI-
powered search and recommendations so-
lutions to enterprises.
Coveo Solutions intends to use the invest-
ment from Elliott Management to further
expand its R&D team.
Coveo Solutions was represented in-house
by Anne ériault (legal counsel, CIPP/E
CIPP/US) and Magali Brunelle. Norton
Rose Fulbright Canada LLP advised Co-
veo Solutions with a team that was composed
of François Duchesneau, Pierre Nicol, Em-
manuel Grondin, Antoine Desroches (tax)
and Sarah Leclerc.
Elliott Management was represented by
Gibson, Dunn & Crutcher LLP (New
York) and Goodmans LLP (Toronto). In
New York, the team included Sean O'Neill
and Kristen Poole. In Toronto, the team in-
cluded Chris Sunstrum, Neill May and Ju-
lian Di Bartolomeo (corporate), and Mitchell
Sherman and Ken Saddington (tax).
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
COINSQUARE CLOSES
$30M INVESTMENT
IN CANADIAN DIGITAL
CURRENCY EXCHANGE
CLOSING DATE: FEBRUARY 8, 2018
On February 8, 2018, goNumerical Ltd.
(d.b.a. Coinsquare) announced that it had
completed a marketed equity financing for
total proceeds of approximately $30 mil-
lion. Coinsquare raised $47.3 million in a
little over four months at equity valuations
increasing from $30 million to $430 million.
e most recent round of funding will be
used to fuel a global growth plan and diver-
sification strategy. Canaccord Genuity Corp.
led the financing.
Coinsquare is one of Canada's leading,
most secure trading platforms and digital
currency exchanges for the world's most pop-
ular digital currencies. It has since grown to
be the premier digital exchange in the coun-
try and has raised considerable funds to posi-
tion itself for international growth.
Fasken Martineau DuMoulin LLP ad-
vised Coinsquare with a team that included
Craig Brown, Reid Crombie, Daniel Fuke
and Ryan Schnier.
Torys LLP advised Canaccord Genuity
