Kurt Sarno
Partner | Toronto
Toronto: 416-863-2681

Kurt specializes in mergers and acquisitions, private equity and joint ventures. He advises buyers, sellers and targets on domestic and cross-border mergers and acquisitions; private equity investors and sponsors on buy-outs, investments and exits; and businesses across various industries on complex joint ventures and strategic corporate and commercial matters.

Kurt is the Co-Leader of the Firm's Private Equity Group and the co-author of the Firm’s Canadian Private Equity Deal Study.

Before becoming a Partner at Blakes, Kurt practised at a pre-eminent law firm in New York, concentrating on mergers and acquisitions and private equity.

SELECT EXPERIENCE

Some of the clients Kurt has advised include:

  • BDC Capital, alongside VERTU Capital, on the acquisition of Firmex

  • CID Capital on its acquisition of Giftcraft Ltd.

  • The Maillis Group, a portfolio company of HIG Capital, on its sale of Wulftec International to Duravant, a portfolio company of Warburg-Pincus

  • Bartek Ingredients on its sale to TorQuest Partners

  • Novolex, a portfolio company of The Carlyle Group, on its acquisition of The Waddington Group from Newell Brands

  • Roynat Capital, among a group of institutional investors, on their investment in Legado Capital in connection with the acquisition of Kivuto Solutions

  • DFH Public Affairs on its merger with Longview Communications

  • Encore Consumer Capital on its sale of Atlantic Aqua Farms to Ontario Teachers’ Pension Plan

  • DP World Limited on its joint venture with Caisse de dépôt et placement du Québec to create an investment platform focused on investing in ports and terminals globally

  • Baring Private Equity Asia on its acquisition of a 35 per cent stake in TELUS International

  • Aecon Group Inc. and Airport Development Corporation on the sale of their majority interest in the Quito, Ecuador International Airport to Grupo Odinsa and CCR

  • Wynnchurch Capital on its acquisition of NSC Minerals from TriWest Capital Partners, its subsequent sale of NSC Minerals to Altas Partners, and its investment in Carson Air

  • The Kraft Heinz Company on its international post-merger integration

  • Holcim in connection with its merger with Lafarge

  • CBS Corporation on the worldwide reorganizations of its media distribution and outdoor advertising businesses

Some of the industries in which Kurt has expertise include:

  • Private Equity - regularly advises pension and private equity funds/sponsors on domestic and cross-border acquisitions, investments and exits, including BDC Capital, CID Capital, HIG Capital, The Carlyle Group, Roynat Capital, Encore Consumer Capital, Platinum Equity, Apollo Global Management, Baring Private Equity Asia, Wynnchurch Capital, Healthcare of Ontario Pension Plan, Trivest Partners

  • Infrastructure - advised DP World Limited on its joint venture with Caisse de dépôt et placement du Québec; Aecon Group Inc. and Airport Development Corporation on the sale of their majority interest in the Quito, Ecuador International Airport to Grupo Odinsa and CCR; and ING Real Estate Investment Mgmt. on its sale of Summit Industrial Fund to KingSett Capital and AIMCo

  • Media - advised CBS Corporation on its worldwide reorganization of its Outdoor Advertising Business; and DHX Media on its initial public offering and subsequent equity financings

  • Food, Beverage & Agribusiness - advised The Kraft Heinz Company on its international post-merger integration; One Earth Farms on its acquisition of Beretta Farms; and Maple Leaf Foods on its sale of its animal nutrition business to Nutreco

  • Industrials - advised Bartek Ingredients on its sale to TorQuest Partners; Holcim in connection with its merger with Lafarge; Akzo Nobel on its sale of its architectural coatings business to PPG; Amalgamated Metal Corporation on its sale of National Concrete Accessories, Wilkinson Steel and Metals, Debro Chemicals & Pharmaceuticals, and Exchanger Industries to Nova Capital; Ball Corporation on its acquisition of Neuman Aluminum; and Rank Group on its acquisition of Alcoa's packaging and consumer businesses

  • REITs - advised Granite REIT on its conversion from Granite Real Estate Inc.; and TransGlobe Apartment REIT on its initial public offering, various subsequent acquisitions and its takeover by Starlight Investments, Cap REIT, Timbercreek Asset Management and PSP

  • Technology - advised Altera Corporation on various venture capital investments and its acquisition of Avalon Microelectronics and Trivest Partners on the sale of ATX Networks to Pamlico Capital

AWARDS & RECOGNITION

Kurt is recognized as a leading lawyer in the following publications:

  • The Canadian Legal Lexpert Directory 2019 (Private Equity)

  • The Best Lawyers in Canada 2019 (Leveraged Buyouts and Private Equity Law)

  • The Legal 500 Canada 2018 (Next Generation Lawyer - Corporate and M&A)

  • The Canadian Legal Lexpert Directory 2017 (Leading Lawyers to Watch)

  • Lexpert magazine, November/December 2016 (Rising Stars: Leading Lawyers Under 40)

  • The 2017 Lexpert Guide to the Leading US/Canada Cross-border Corporate Lawyers in Canada (Corporate)

PUBLICATIONS
Show Past:
Page: 1 of 1       1        Items per page: 25 | 50 | ALL
Co-author: Mergers & Acquisitions
6th Edition, Global Legal Insights, March 23, 2017.
Page: 1 of 1       1        Items per page: 25 | 50 | ALL