Berkshire Partners Acquire VetStrategy
Goodmans LLP represented Berkshire Partners LLC (“Berkshire”) in its July 31, 2020 acquisition of a majority stake in VetStrategy from Imperial Capital with a deal value of over US$1 billion. This deal allowed VetStrategy to further invest in their network of clinics across Canada and provide the flexibility to continue to grow through acquisitions in the coming years.
VetStrategy is Canada’s leading and largest operator of veterinary clinics. Berkshire is an investment firm with a long history of partnering with Canadian companies. This investment is the largest in a series of financings that have backed VetStrategy’s growth since 2013.
The deal was signed and fully diligenced in five days. The deal closed in one month. The fastest time ever from bid to close by both Berkshire and by Imperial.
Featured Work
-
Mergers and Acquisitions
Canaccord Genuity to Acquire Mercer's Canadian Private Wealth Business
Goodmans LLP is acting for Canaccord Genuity Group Inc. in connection with its acquisition of the Canadian private wealth business of Mercer Global Investments Canada Limited… -
Mergers and Acquisitions
Quebecor Inc. Acquires Freedom Mobile Inc. from Shaw Telecom G.P. for C$2.9 billion
Goodmans LLP acted for Rogers Communications Inc. in connection with the entering into of a purchase agreement for Quebecor Inc. (TSX:QBR.A) to acquire Freedom Mobile Inc. from Shaw Telecom G.P. for… -
Mergers and Acquisitions
Skeena Acquisition of Questex and Concurrent Sale of Assets to Newmont
Goodmans LLP acted for Newmont Corporation (NYSE: NEM, TSX: NGT) (“Newmont”) in connection with its acquisition through a subsidiary of certain QuestX properties from Skeena Resources Limited (TSX… -
Mergers and Acquisitions
Altria Acquisition of Poda Holdings
Goodmans LLP acted for Altria Group, Inc. in connection with its proposed acquisition of substantially all of the assets of Poda Holdings Inc. and its concurrent acquisition of related patents from… -
Energy
Brantford Power merges with Energy+ to form GrandBridge Energy
Goodmans LLP acted as legal counsel Brantford Power Inc. in its merger with Energy+ Inc. to form GrandBridge Energy Inc., the seventh largest municipally-owned electricity distributor in Ontario… -
Mergers and Acquisitions
Dream Industrial REIT and Dream Unlimited Corp. form $1.5 billion Develop-to-Hold Joint Venture
Goodmans LLP acted for the independent trustees of Dream Industrial REIT (DIR-UN-T) and Dream Unlimited Corp. (DRM-T) (The “Trust”) in connection with its $1.5 billion develop-to-hold joint venture…