We are proud to announce the successful financial closing of the recapitalization, initially announced in October 2024, by the parent company of GardaWorld Security Corporation (“GardaWorld”). Since the initial signing of the documentation by the involved parties, with Langlois playing a pivotal role, our firm has continued to assist Mr. Crétier, the company’s founder, the GardaWorld senior management, Doctor No Parent Limited, and GardaWorld through each stage of the transaction, ultimately leading to the completion of this major recapitalization.
This ambitious project, which has been underway for several months, was concluded on March 5th with a final disbursement including subscriptions, financing, and share exchanges, resulting in an impressive total valuation of $14 billion. This complex recapitalization involving private share exchanges and multiple simultaneous steps is the largest of its kind in Canadian history.
Thanks to our trusted, long-standing relationship with Garda, Langlois actively contributed at every stage of the transaction, utilizing our extensive expertise to ensure a seamless closing. This achievement marks a significant milestone for our client and underscores the strength of our ongoing partnership.
Driven by our trusted relationship with GardaWorld, built over nearly 30 years since its founding, we proudly played an active role at every stage of this transaction, leveraging the extensive expertise of our professionals to ensure a successful closing, one that represents a game changer for our clients.
Read the official GardaWorld press release about the closing: GardaWorld Announces Financial Closing of Historic C$14 Billion Recapitalization Transaction
Under the leadership of Pierre-Hubert Séguin, the team behind this landmark transaction included members from our mergers and acquisitions, capital markets, commercial and corporate law, and tax groups. Additionally, the team leveraged the expertise of other firm members with specialized knowledge in areas relevant to the transaction.
Éric Archambault (capital markets), Sarah Ettedgui (mergers and acquisitions), Bruno Racine (tax law), Angela Kosciuk (financing), François-Alexandre Marois (mergers and acquisitions), Miriam Robitaille (mergers and acquisitions), Félix Bernard (mergers and acquisitions), Angelica Clément (capital markets), Yixiao Zheng (mergers and acquisitions), Michael Corriveau (corporate and commercial law), Étienne Lacoursière (corporate and commercial law), Celya Belayadi (tax law), Lucas Richard-Gérard (tax law), Anne-Laure Damhet (corporate and commercial law), Juliane Simon (corporate and commercial law), Noémie Tanguay-Verreault (tax law), Vincent Tremblay (mergers and acquisition), Yann Canneva (intellectual property), Marc-Alexandre Hudon (regulatory approval), Antoine Brylowski (litigation), Eric Alexandre Guimond (labour and employment law), as well as paralegals Naya Hachem and Cassidy Milroy.
Congratulations to all our colleagues who worked so diligently to ensure the success of this groundbreaking transaction.
Information:
Mélissa Rina Shriqui
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