Andlauer Healthcare Group Bought Deal Offering

Goodmans LLP acted for Andlauer Healthcare Group Inc. (TSX: AND) (“AHG” or the “Company”) in connection with its, and Andlauer Management Group Inc.’s (the “Selling Shareholder”), bought deal offering of 3,500,000 subordinate voting shares at a price of C$48.20 per subordinate voting share for aggregate gross proceeds of C$168,700,000 (the “Offering”).

The Offering was comprised of 2,000,000 subordinate voting shares issued from treasury (the “Treasury Shares”) and offered by AHG for gross proceeds of C$96,400,000 and 1,500,000 subordinate voting shares offered by the Selling Shareholder, for gross proceeds of C$72,300,000.

This offering was announced concurrently with two different arm’s length acquisitions, adding complexity to the matter. The acquisitions included Andlauer’s 100% acquisition of Boyle Transportation, and 51% of Skelton USA.