January 19, 2022

M&M Food Market’s Sale to Parkland Corporation

Goodmans LLP acted for M&M Food Market, a subsidiary of funds managed by Searchlight Capital Partners, in connection with its sale to Parkland Corporation for C$322 million.

The acquisition includes more than 300 standalone franchise and corporate-owned stores and more than 2,000 M&M Food Market Express locations in Canada offering nearly 500 specialty frozen products. Parkland will bring scale and complementary leadership strength that will allow M&M Food Market to continue to grow in Canada while expanding into new international markets, including the United States.

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
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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
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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
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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

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