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Mergers & Acquisitions

With expertise in the industries that matter most to the global business landscape, we have the proven experience to get deals done.

McCarthy Tétrault’s Mergers & Acquisitions team brings the right combination of expertise and energy to our clients’ most important and sophisticated transactions. Our industry-specific approach, local depth and cross-border experience ensures we deliver successful results.

Why Clients Choose Us

Deep Experience

Significant experience advising a wide range of transaction participants, from emerging companies to global conglomerates, in large and mid-market transactions, including acquisitions, sale processes, divestitures, joint ventures and special situations.

Industry Expertise

We are pioneers in the legal industry for our focus on developing industry-specific expertise amongst our lawyers, concentrating on industries that have strategic alignment with key sectors in the Canadian economy.

  • Agriculture
  • Automotive
  • Cannabis
  • Distressed Assets
  • Infrastructure
  • Life Sciences
  • Manufacturing
  • Mining
  • Oil & Gas
  • Power
  • Private Equity
  • Real Estate
  • Retail and Consumer Products
  • Technology
  • Telecommunications
  • Transportation

Trusted Advice on Complex Issues

Often the first call for domestic and cross-border transactions that involve complex or novel issues. We specialize in advising clients on the largest and most innovative domestic and international deals, including special situations and corporate governance matters.

Global Presence

Borderless service from our offices across Canada’s major commercial centres and in New York and London. We routinely work closely and in concert with leading law firms in the U.S. and overseas.

Strategic and Practical

Commercial-minded, practical advice and deal-making with a relentless focus on managing risk, delivering value and getting the right deal done.

Business Advisors

As entrepreneurial thinkers and business people ourselves, we understand our clients’ businesses and focus on their transaction objectives.

 

Select Recent Experience

Metals & Mining

Rio Tinto Group

US$3.3 billion

Acquisition of Turquoise Hill Resources

 (2023 M&A Deal of the Year, Canadian Law Awards)

Stelco Holdings Inc.

C$3.4 billion

Acquisition by Cleveland-Cliffs Inc.

Glencore plc

US$7.3 billion

 On its agreement with Teck Resources for the acquisition of Teck’s steelmaking coal production business, Elk Valley Resources

Oil & Gas

Brookfield Infrastructure Partners L.P.

C$15 billion

Privatization of Inter Pipeline Ltd.

(2022 M&A Deal of the Year, Canadian Law Awards)

Enbridge Inc.

C$37 billion

Acquisition of Spectra Energy Corp. to create the largest energy infrastructure company in North America

Pipestone Energy Corp.

C$1 billion

Acquisition by Strathcona Resources

Power

Direct Energy

US$3.625 billion

Acquisition by NRG Energy, Inc. 

(North America Conventional Power 
& Grid Infrastructure Acquisition of the Year, IJInvestor)

Brookfield Renewable Holdings

€6.1 billion

In its exclusive negotiations with Impala to acquire a majority stake in Neoen and launch a mandatory tender offer for 100% of the company

Cameco Corporation

US$7.875 billion

In their partnership with Brookfield Renewable to acquire Westinghouse Electric Company

Real Estate & Financial Services

Summit Industrial Income REIT

C$5.9 billion

Acquisition by JV between Dream Industrial REIT and GI

National Bank of Canada

C$5 billion

Acquisition of all of the issued and outstanding common shares of Canadian Western Bank

Slate Asset Management L.P.

US$2.33 billion

Acquisition of the Commercial Real Estate Business of Annaly Capital Management

Retail & Consumer Markets

Ritchie Bros. Inc.

US$7.3 billion

Acquisition of IAA Inc.

Nestlé S.A.

US$5.75 billion

Acquisition of core brands of The Bountiful Company to integrate into the Nestlé Health Science business line

Beiersdorf AG 

C$590 million 

Acquisition of Chantecaille Beaute Inc.

Tech & Telecom

Caisse de dépôt et placement du Québec

US$6.3 billion 

In its definitive arrangement agreement to roll over the majority of its equity in Nuvei Corporation to Advent International

Score Media and Gaming Inc. (“theScore”)

US$2 billion

Acquisition by Penn National Gaming, Inc.

Silver Lake

US$6.4 billion

Investment in Vantage Data Centers

Transportation

Skyservice Business Aviation

Undisclosed

In their agreement to purchase interests in Fontainebleau Aviation's fixed-based operators in Miami Opa-Locka and Fort Lauderdale-Hollywood Airports

Brookfield Infrastructure Partners and GIC

US$8.4 billion

Acquisition of Genesee & Wyoming Inc.

Blue Wolf Capital Partners

C$1.2 billion

Acquisition of LOGISTEC Corporation

Infrastructure

Brookfield Asset Management

£4.08 billion

Acquisition of HomeServe PLC

Blackstone Group and Benettons

EUR€58 billion

Buyout offer for Atlantia

Enercare Inc.

Undisclosed

Acquisition of all the issued and outstanding units of HydroSolution L.P. and HydroSolution Ltd.

Publications

Cross-Border M&A: Top 10 Considerations for U.S. Acquirers of Canadian Targets

Cross-Border M&A: Top 10 Considerations for U.S. Acquirers of Canadian Targets

Our market-leading M&A Group highlights the core issues, key considerations, pitfalls and opportunities for U.S. businesses and investors contemplating the acquisition of a Canadian target.

Request your copy

Going Private guide cover image

Canadian Going Private Transactions

Understand the steps necessary to take a public company private from some of Canada’s leading transactional lawyers.

Request the full report

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Special Committees

An overview of some of the principal Canadian corporate and securities law considerations that apply to special committees, with an emphasis on special committees appointed in connection with M&A transactions.

Request the full report

The Mergers & Acquisitions Review, Sixteenth Edition – Canada chapter

The Mergers & Acquisitions Review, Sixteenth Edition – Canada chapter

The Canada chapter of the sixteenth edition of The Mergers & Acquisitions Review provides a practical overview of recent M&A activity and the legal and regulatory frameworks governing M&A transactions. Focusing on recent developments and emerging trends, this helpful publication examines key issues that can affect business, including relevant competition law considerations, foreign involvement, and more.

Download the publication