Transactions & Cases Detail



Transaction/Case Details

Canam Group completes going-private transaction by a group of investors led by the Dutil Family

DATE CLOSED

June 30, 2017

BUSINESS SECTOR

Financial Services

LEAD OFFICE

Montreal

VALUE

875 Million CAD


OVERVIEW

On June 30, 2017, Canam Group Inc. successfully completed a statutory arrangement pursuant to which Canaveral Acquisition Inc. (the “Purchaser”), a company held by members of the Dutil family (the “Family Group”), American Industrial Partners, Caisse de dépôt et placement du Québec ("Caisse") and Fonds de solidarité FTQ ("Fonds"), have acquired all of the issued and outstanding common shares of the Corporation (the "Shares"), except for the Shares contributed directly or indirectly by the Family Group, Caisse and Fonds in exchange for shares of the Purchaser, for a price of C$12.30 per share in cash.

McCarthy Tétrault LLP advised Caisse de dépôt et placement du Québec and Fonds de solidarité FTQ with a team led by Patrick Boucher.

Contact


 
For general information on McCarthy Tétrault Transactions & Cases, please contact [email protected].

Related Area of Expertise


Financial Services
read /

M&A
read /