Explore the potential resurgence in Canada s M&A landscape for 2024. This detailed analysis covers mid-market activity, the pivotal role of the energy sector, the rise of private credit, and international investments in Canadian renewables. Delve into the trends, challenges, and opportunities shaping the future of mergers and acquisitions in Canada, as we navigate through geopolitical tensions, economic shifts, and an evolving global market.
Betr Holdings, Inc. Betr has acquired the Chameleon platform from FansUnite Entertainment Inc. for US$7.45 million. The transaction closed on May 8, 2023. Bennett Jones is acting as primary transaction counsel for Betr.
Biggest past-year deals:
Subversive Capital s acquisition of Caliva and Left Coast Ventures ($425 million)
Curaleaf s acquisition of Emmac Life Sciences ($290 million)
Ayr Wellness acquisition of Liberty Health Sciences ($290 million)
Key individuals:
The firm declined to specify the lawyers who led its engagements for Curaleaf, Subversive, and Ayr Wellness.
About:
Stikeman Elliott is one of Canada s largest business law firms. The firm s lawyers worked with Curaleaf on two acquisitions, walked Ayr Wellness through its purchase of Liberty, and represented Canaccord Genuity, the financial advisor to the cannabis SPAC Subversive Capital Acquisition Corp., in its complex merger
From 2015 to 2018, Stikeman regularly worked with Aphria, with The Globe and Mail reporting that the two parted ways after a transaction that drew short-seller scrutiny. The firm declined to comment.