March 01, 2022

Andlauer Healthcare Group’s Acquisition of 100% of Logistics Support Unit

Goodmans LLP acted for Andlauer Healthcare Group Inc. (TSX: AND) ("AHG" or the "Company”) in connection with its definitive agreement to acquire 100% of Logistics Support Unit (LSU) Inc. ("LSU") for approximately C$30 million. AHG expects the Acquisition to be immediately accretive to cash flow and earnings per share and to expand its market presence in Québec.

The C$30 million purchase price consisted of approximately C$22.5 million in cash, financed through a combination of cash on hand and by drawing on the Company's credit facilities, and C$7.5 million in AHG subordinate voting shares, which will be subject to a post-closing hold period.

Goodmans LLP continues to be a leader in the corporate and M&A space, bringing strength to advising major multinational corporates and financial institutions involved in high-value, multi-jurisdictional M&A, reorganisations and corporate governance matters. — The Legal 500 Canada
Goodmans have excellent subject matter expertise and actionable strategy and advice. They give deep confidence of their ability to capably handle complex and sophisticated matters. — Chambers Canada
The corporate and commercial team has impressive depth with experienced and highly skilled counsel at all relevant levels, from senior partner to junior associate. — Chambers Canada
The Corporate/Commercial team at Goodmans make it seem as though we are their only client. They are our go-to external corporate-commercial counsel. — Chambers Canada
Clients note, "They have a good team of very experienced lawyers who know the process, " adding, "They have a good bench strength." — Chambers Canada
Clients note, "They get our business and what we're trying to accomplish. It's not just technical advice." — Chambers Canada
One interviewee reported, "The Goodmans team as a whole is excellent," adding: "The lawyers are very responsive and get the job done. It is of great assurance to have them as our legal advisers." — Chambers Canada
One client noted, "...they handled a very complicated transaction involving many jurisdictions and did a very good job. They are always able to make comparative decisions through a relatively simple way and try to balance risk and find solutions." — Chambers Canada
Clients note, "The client service at Goodmans has always been excellent, and they are very deep from a corporate and financing perspective." — Chambers Global
Interviewees praise the firm's work on cross-border matters, saying: "The team's coordination is superb, its work ethic unparalleled and the service excellent." — Chambers Global
One client noted, "very strong legal minds, focus in on the business issues...good communicators, include my internal team as much or as little as we may want on a particular project." — IFLR1000
....punches above its weight for big-ticket M&A in Canada, recently advising on substantial transactions in mining, energy, technology and cannabis sectors. — Chambers Global
Clients commend Goodmans for being, "very entrepreneurial in their culture, in addition to being able to provide sophisticated and excellent legal assistance." — Chambers Canada

Practices

Industries

Andlauer Healthcare Group’s Acquisition of 100% of Logistics Support Unit

Site Search

Andlauer Healthcare Group’s Acquisition of 100% of Logistics Support Unit

Expertise

Featured Work