DHX Media Closes Secondary Offering
|Areas||Communications, Corporate Finance and Securities, Private Equity|
Goodmans represented Birch Hill Equity Partners in connection with the completion by DHX Media Ltd., a leading independent creator, producer, distributor and licensor of children's entertainment content, of a bought deal secondary offering of its common shares held by a group of entities controlled or managed by Birch Hill Equity Partners Management Inc. The selling shareholders sold 28,363,796 common shares of DHX Media at a price of $4.70 per common share for aggregate gross proceeds of approximately $133 million. The syndicate of underwriters was led by Canaccord Genuity Corp. and included RBC Dominion Securities Inc. and Scotia Capital Inc.