Greg M. Frenette
Senior Counsel | Toronto
Toronto: 416-863-2693

Greg specializes in negotiated mergers, acquisitions, restructurings and joint ventures. He is also the relationship partner for many leading corporate clients.

In the financial services area, Greg's M&A clients include international and national companies in the banking, insurance and leasing areas. He has acted for both purchasers and sellers of financial businesses in many recent cross-border and Canadian transactions, including banks, insurance companies, leasing companies, credit card portfolios, bank loan portfolios and the like.

Greg's M&A expertise also includes advising national and international buyers and sellers in knowledge-based industries, including software and pharmaceuticals, and in the automotive/heavy machinery area. He has also been extensively involved in negotiating, structuring and implementing joint venture arrangements among regulated and non-regulated financial institutions, particularly in e-business areas.

SELECT EXPERIENCE

Recent representative transaction including advising:

  • Standard Life plc on the C$4-billion sale of its business in Canada to Manulife

  • Transamerica/Aegon on the C$600-million sale of its business in Canada to Wilton Re/CPPIB

  • Industrial Alliance on its acquisition of Jovian Capital Corporation
  • Intact Financial Corporation on a C$2.6-billion acquisition of the Canadian insurance businesses of AXA S.A. and in the subsequent sale of the AXA Canada life business to SSQ.
  • A major global bank on its sale of an C$8-billion Canadian credit card portfolio to the Toronto Dominion Bank
  • An international bank on the sale of its C$2-billion MasterCard credit card portfolio to a large Canadian bank
  • An international bank on the sale of its mutual fund servicing outsourcing system to a global IT services and solutions provider
  • CIT Financial on the sale of its Dell financing business to Dell
  • CIT Financial on the sale of its 50 per cent interest in CIBC Equipment Financing to CIBC
  • A global heavy equipment manufacturer on the Canadian aspects of its acquisition of a competitor
  • Gate Gourmet on its acquisition of the airline catering business of Cara Foods
  • A major automotive group on the Canadian aspects of the sale of one of its luxury-car manufacturers
AWARDS & RECOGNITION

Greg was named a "BTI Client Service All-Star" in 2014 and "MVP" in both 2015 and 2016 by BTI Consulting Group, based on its global survey of general counsel and C suite executives, for delivering exceptional client service in the areas of mergers and acquisitions, restructurings, and joint ventures.

Greg is also recognized as one of Canada's leading corporate/M&A lawyers by the following publications:

  • The Best Lawyers in Canada - 2016-2018 (Banking and Finance Law and Corporate Law)
  • Chambers Canada: Canada's Leading Lawyers for Business 2017 (Insurance: Transactional & Regulatory (Band 1) - "An M&A specialist with a strong reputation. Clients say he 'brings considerable experience and insight to deals, and leads the broader Blakes team seamlessly.'")
  • Acritas Stars 2016: Independently Rated Lawyers (Nominated as a stand-out lawyer by senior in-house counsel)
  • The Canadian Legal Lexpert Directory 2016 (Corporate Law and Commercial Law)
  • Who's Who Legal: Insurance & Reinsurance Lawyers 2016
  • The Legal 500 Canada 2015 (Corporate and M&A)
  • Chambers Global: The World's Leading Lawyers for Business 2011