August 03, 2018

Teranet Affiliate Completes Acquisition of D+H Collateral Management Corp. from Finastra

Goodmans LLP represented the syndicate of lenders led by The Toronto-Dominion Bank in connection with an affiliated entity of Teranet Inc., CM Solutions Inc.'s acquisition of all of the issued and outstanding shares of D+H Collateral Management Corp., a division of Finastra Holdings Inc.

Teranet is Canada’s leader in the delivery of statutory registry services. The company is owned by OMERS Infrastructure, the infrastructure investment manager of OMERS, the defined benefit pension plan for Ontario’s municipal employees.

D+H Collateral Management Corp. is the market leader in Canadian lien registration and search, asset recovery services, and insolvency management.

TD Securities and The Bank of Nova Scotia co-led a senior credit financing in support of the acquisition.

"Goodmans' organisation, communication and coordination gives confidence that they are in control and understand every aspect of very complex and sophisticated transactions." — Chambers Canada
"We work with a number of law firms and this department in particular provides timely, proactive and well articulated legal advice." — Chambers Canada
"Goodmans is able to pull together teams to make sure 100% coverage of all risks is obtained. The firm is able to guide us through complex negotiations and interpret complex issues and documents." — Chambers Canada
Primarily recognized for its advice to corporate borrowers, where it routinely handles high-value transactions, it also has an increasingly prominent lender-side practice, with its recent work spanning advice to financial institutions and alternative lenders. — The Legal 500 Canada
The team's work has a significant emphasis on corporate lending, acquisition finance and real estate financing transactions. The department demonstrates considerable experience in managing cross-border transactions. — Chambers Canada
Goodmans LLP’s banking and finance team ‘positions its clients to make informed business decisions’. — The Legal 500 Canada
The banking and finance team at Goodmans has experienced counsels at all relevant levels, from senior partners to junior associates. — Chambers Canada
Clients note, "A very responsive team, which works well under tight timelines, provides quality work with minimal back and forth, and demonstrates attention to detail." — The Legal 500 Canada
...its borrower-side work and involvement in complex restructuring-related matters is particularly impressing. — The Legal 500 Canada
Clients note, "The team is extremely commercially oriented and able to get to the crux of the issue right away." — Chambers Canada
Clients note, "The firm provides sound advice on various complex and time-sensitive transactions including explaining our options and the related pros and cons to each decision." — Chambers Canada
Clients note, the Goodmans team takes a "Pragmatic, commercial view towards getting the transaction closed in a smooth, efficient manner," adding "Partners remain deeply engaged through the transaction." — IFLR1000
One client noted, "They bring a solid, pragmatic and commercial approach to dealing with key legal issues, are flexible and easy to work with, and are client focused." — Chambers Global
Clients remark, "#1 in senior housing sector expertise. #1 in helping network. Very professional and responsive. Great quality work.” — IFLR1000
On the Banking and Finance group, interviewees say: "Goodmans has an amazing team that is very responsive, knowledgeable, reliable and pleasant." — Chambers Global

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Teranet Affiliate Completes Acquisition of D+H Collateral Management Corp. from Finastra

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Teranet Affiliate Completes Acquisition of D+H Collateral Management Corp. from Finastra

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