Justin Drake
Associate | Toronto
Toronto: 416-863-2492

Justin's practice concentrates on mergers and acquisitions and other complex corporate and commercial transactions for both domestic and international clients. The transactions on which he advises encompass a broad range by type, size and industry focus. His experience includes cross-border transactions, leveraged transactions, management buyouts, carve-out transactions, earn-outs, service and supply arrangements, structured acquisitions, restructurings, joint ventures, fund formation (including venture capital, hedge, exchange-traded and pooled funds) and early-stage company structuring and financing.

Justin also has significant corporate finance and securities experience, including acting for issuers, advisors, dealers, sponsors and institutional investors in public and private offerings of securities, fund formation, investment management and regulatory compliance matters.

Justin has completed secondments to the legal groups of two large Canadian financial institutions.

SELECT EXPERIENCE

Recent representative transactions include advising:

Mergers & Acquisitions

  • Transamerica/Aegon on the C$600-million sale of its Canadian business to Wilton Re, a subsidiary of the Canada Pension Plan Investment Board
  • BTG plc on its C$200-million acquisition of the Targeted Therapies business from Nordion

  • Questcor Pharmaceuticals on its C$100-million acquisition of BioVectra

  • The Scarborough Hospital on its proposed amalgamation with the Rouge Valley Health System

  • CGG Canada on the sale of its Canadian land seismic business and acquisition of the business of Taurus Reservoir Solutions

  • Ontario Teachers' Pension Plan on its acquisition of the Imperial Parking business
  • Private equity transactions, including MidOcean Partners in the US$560-million sale of the Noranco business to Precision Castparts Corp; KingSett Capital and AIMCO in their $2-billion acquisition of ING Summit Industrial Fund, Canada's largest owner of light industrial property; VRG Capital in its acquisitions of Jones Brown and Pearson Dunn; Lone Star Funds in its US$700-million acquisition of the North American gypsum division of Lafarge; and Advent International in its acquisition of Distribution International, the leading distributor and fabricator of mechanical insulation and related products in North America

Corporate Finance and Fund Formation

  • Emerging companies and investors, including Google, Functional Neuromodulation, Interface Biologics, Hootsuite Media, Profound Medical and Sport Testing, in connection with early stage financing and acquisition transactions
  • Cameco Corporation, Dundee REIT, Shoppers Drug Mart Corporation, RBC Dominion Securities and GMP Securities in equity and debt offerings
  • BlackRock, Foyston, Gordon & Payne, Kensington Capital and Radin Capital in the launch of various types of investment funds