Langlois plays key role in $13.5B private recapitalization

October 28th, 2024

We are proud to have served as legal counsel to Garda World Security Corporation (“Garda World”), Doctor No Parent Limited, and Stephan Crétier, Founder, Chairman, President and CEO of Garda World, in their binding agreement with BC Partners and various financial investors, including HPS Investment Partners who is leading a group of minority investors, to acquire a portion of the shares held by BC Partners. This landmark private share exchange, valued at over C$13.5 billion, stands as the largest of its kind in Canadian history. Upon closing, Mr. Crétier and a select group of Garda World’s management team will hold a majority equity in the company.

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Over the past several months, a dedicated team of skilled lawyers and legal professionals from Langlois, bringing expertise from diverse practice areas, has been instrumental in successfully closing this sophisticated, multifaceted transaction. The complexity of this transaction was heightened by its multi-jurisdictional scope, requiring close coordination across various legal frameworks and regulatory environments.

Members of our Mergers and Acquisitions, Capital Markets and Corporate and Commercial groups led this effort. Leveraging their in-depth expertise, they judiciously addressed trading and compliance requirements, developed sophisticated transaction strategies, structured and implemented the necessary tax structure, and participated in comprehensive negotiations.

The closing of this groundbreaking transaction underscores the remarkable depth, skill and specialized expertise of our various teams in managing complex transactions.

Headed by Pierre-Hubert Séguin, the team responsible for this historic transaction drew on the expertise of the following professionals:

Éric Archambault (capital markets), Sarah Ettedgui (mergers and acquisitions), Miriam Robitaille (mergers and acquisitions), Bruno Racine (tax law), François-Alexandre Marois (mergers and acquisitions), Félix Bernard (mergers and acquisitions), Sylvain Aird (capital markets), Angelica Clément (capital markets), Michael Corriveau (corporate and commercial law), Étienne Lacoursière (corporate and commercial law), Angela Kosciuk (financing), Anne-Laure Damhet (corporate and commercial law), Juliane Simon (corporate and commercial law), Yixiao Zheng (mergers and acquisitions), Vincent Tremblay (mergers and acquisition), Celya Belayadi (tax law), Lucas Richard-Gérard (tax law), 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 transaction.

Information:
Mélissa Rina Shriqui
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