Private Equity
4 min read · 03 August 2017
4 min read · 24 July 2017
Now is an opportune time for owners to sell their companies. Valuations through Q3 2016 are at the highest level since at least 2010. Private equity dry powder is at record levels and PE firms are under pressure to invest. These and other dynamics combine to put sellers in a strong position. To avoid squandering that advantage, Torys LLP's Stefan Stauder and Katherine Spenner offer five points they believe sellers may want to keep in mind to preserve leverage, and to maximize deal proceeds and favourable terms.
4 min read · 19 July 2017
Two mega-deals this week highlighted the diminished role of public markets compared with private capital.
3 min read · 29 June 2017
1 min read · 28 May 2017
While all eyes were trained on the firm’s plans for a record-breaking infra fund, Blackstone was quietly agreeing on an arguably more fruitful transaction.<br />
2 min read · 25 May 2017
U.S. M&A standards continue to influence the Canadian market, but despite the general trend of convergence in the cross-border legal market, deal terms in the Canadian M&A market still tend to offer more protection to the buyer, particularly with respect to indemnification, write Osler, Hoskin & Harcourt LLP Partner Marc Kushner and Associates Michael Budabin McQuown and Jillian Mulroy. In a PE Hub Canada feature article, they argue that deal-makers in Canada can profit by keeping abreast of the latest developments and tactically applying the prevailing norms.
8 min read · 23 May 2017
Co-investments, in which investors and a sponsor’s primary fund invest alongside each other in an M&A deal, have become a staple of today’s private equity landscape. It’s not hard to see why. Given the importance of having an effective co-investment strategy, and of avoiding potential pitfalls, Torys LLP Partner Stefan Stauder and Senior Associate Jamie Becker have come up with some "how-to" guidelines for investors negotiating and managing co-investment arrangements with PE sponsors.
8 min read · 04 May 2017
Canada's oil and gas industry has experienced turbulent times as of late. But current trends also present opportunities for companies and investors choosing to go deeper into the domestic energy space at the right price and in advance of a recovery, writes Neal Ross, a partner at Osler, Hoskin & Harcourt LLP. In a PE Hub Canada feature, Ross looks at current market conditions and highlights some of the ways in which Canadian energy companies are successfully partnering with private equity firms.
6 min read · 01 May 2017
Why a healthy fund of funds would be sold to an asset manager.
3 min read · 27 April 2017
