News

This section keeps you up-to-date on the latest news and upcoming public appearances of Lavery professionals.

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  1. Lavery supports the growth of 01 Studio Inc.

    On October 30, 2020, 01 Studio Inc., an enterprising, indie gaming studio, confirmed the closing of a financing with Skymoons Technology Inc., the video game division of Chinese multimedia giant iQIYI, to accelerate its growth and the development of its flagship game, Citywars Savage. In addition to the financing, the parties have agreed on the distribution of Citywars Savage in China and neighboring countries. A Lavery team composed of Jean-François Maurice, Étienne Brassard, Sébastien Vézina, Éric Lavallée, Florence Fournier and Stéphanie Dubois played a significant role in representing the interests of 01 Studio Inc. throughout the transaction, from negotiating the term sheet to the closing the transaction.

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  2. Lavery is representing Walter Innovations Inc. in its acquisition by Golo Mobile Inc.

    On July 7, 2020, Golo Mobile Inc., a company listed on the TSX Venture Exchange that specializes in eco-delivery in large business centres, announced the acquisition of Walter Innovations Inc., a building automation technology start-up that has created a solution to connect property managers and residents of condominiums and apartment buildings. A Lavery team composed of Étienne Brassard, Éric Lavallée and Jean-François Maurice represented the selling shareholders of Walter Innovations Inc. in an exit context, allowing Walter's initial investors and entrepreneurs to successfully sell the company and its underlying technology. More concretely, the Lavery team assisted the sellers in negotiating and implementing a transaction structure adapted to their objectives and to the consideration offered by the buyer, i.e. publicly traded shares. Through a holdback of a portion of the shares and an alignment between the duration of the holdback and the obligations of the sellers, our team enabled the seed investors to make a profitable exit and the selling shareholders involved in the direct management of Walter Innovations Inc. to transition as key employees of Golo Mobile Inc. while aligning the interests of the buyer and the sellers in order to achieve a result that is beneficial to all parties.

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  4. Lavery represents Lexis Média during the acquisition of 12 regional newspapers from Transcontinental

             A Lavery team advised the Groupe Lexis Media in connection with the acquisition of 12 regional newspapers from Transcontinental. The Groupe Lexis Media, which already publishes Homme, Mieux-Être, Moi Parent and  Maternité, now owns the following newspapers:  Le Citoyen Rouyn-Noranda, Le Citoyen de la Vallée-de-l'Or, L'Écho Abitibien and La Frontière, distributed in Abitibi Témiscamingue; L’Action d'Autray, L’Action - édition de mercredi, L’Action - édition du week-end, L’Express Montcalm and Hebdo Rive-Nord, in Lanaudière; and Le Bulletin, La Petite-Nation and La Revue, in Outaouais. The Lavery team was led by Eric Lavallée and included Laurent Bellemare-Proulx, Mylène Boisvert and Justin Gravel.

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  5. Lavery represents Bestar inc. in a transaction with Novacap

    On July 20, 2017, Novacap, a Canadian leader in private equity, has acquired an important stake in Bestar Inc. (“Bestar“), a leading designer and manufacturer of ready-to-assemble home and office furniture primarily sold online in Canada and the United States. Bestar Inc. was represented by a team at Lavery including Hubert Pépin (Mergers and acquisitions), Isabelle Mercure (Mergers and acquisitions) and Marilyn Paré (Mergers and acquisitions), Éric Lavallée (Intellectual property), Dave Bouchard (Labour and Employment) and Mylène Boisvert (Financing).

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  6. Lavery represents Aspen Skiing Company and KSL Capital Partners in a US$1.5 billion acquisition

    As legal advisors for the Quebec portion of the transaction, Lavery represented the affiliates of Aspen Skiing Company, LLC and KSL Capital Partners, LLC during the acquisition of Intrawest Resorts Holdings, Inc., a ski resort operator and adventure company in North America that owns Mont Tremblant Resort in Quebec. The transaction closed on July 31, 2017, for an approximate aggregate value of US$1.5 billion and created a new entity with a property portfolio of 12 four-season mountain resorts, 20,000 skiable acres, significant land available for real estate development, and Canadian Mountain Holidays, a leading heli-ski operator. The Lavery team was headed by Sébastien Vézina and François Arseneault (Corporate) and included Carole Gélinas and Mathieu Cantin (Real Estate), Audrey-Julie Dallaire and Daniel Bouchard (Environment), Zeïneb Mellouli (Labour), Eric Lavallée (Intellectual Property) and Maxime Rousseau-Turenne and Luc Thibaudeau (Litigation).

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