Enercare acquires all issued and outstanding units of HydroSolution
September 12, 2022
On September 12, 2022, Enercare Inc. ("Enercare"), acquired all of the issued and outstanding units of HydroSolution L.P. and HydroSolution Ltd. ("HydroSolution"). The transaction marks Enercare’s first investment in Quebec.
Enercare is headquartered in Markham, Ontario, Canada, and is one of Canada’s largest home and commercial services companies.
HydroSolution has been a market leader in offering a turnkey service for the rental, sale, installation, and maintenance of water heaters.
McCarthy Tétrault assisted Enercare with a team led by Jonathan See and Hadrien Montagne that included Louis-Charles Filiatrault, Grégory Morin-Maltais, Benjamin Rivard, Romarick Prats, Sonia Bardakjian, Hailey Schenker, Adil Akbar, Jonathan Adessky, Jessica Cytryn, Ian Mak, Nicole Morin, Achille Treuil and Jason Phelan (Business), Kelleher Lynch (Pensions), Stephanie Dewey and Patrick McCay (Tax), Jasmin Ethier and Emilie Thibault (Labour and Employment), Conrad Lee (Technology), Noel Chow (Financial Services) and Erin Keogh(Competition).