Mergers & Acquisitions

McCarthy Tétrault’s M&A team brings the right combination of expertise and experience to our clients’ most important and sophisticated cross-border and domestic transactions. By drawing on our top-ranked strength in Tax, Competition/Antitrust & Foreign Investment, and Banking & Financial Services, combined with industry-specific insights, we deliver practical solutions and ensure deals are executed seamlessly and successfully.
Why Clients Choose Us
Deep Experience
Significant experience advising a wide range of transaction participants, from emerging companies to global conglomerates and financial sponsors, in large and mid-market transactions, including acquisitions, sale processes, divestitures, carve-outs, joint ventures and special situations, and take-privates.
Industry Expertise
We are pioneers in the legal industry for our focus on developing industry-specific expertise amongst our lawyers, concentrating on industries that have strategic alignment with key sectors in the Canadian economy.
- Agriculture
- Automotive
- Digital Infrastructure
- Distressed Assets
- Energy Transition
- Financial Services
- Healthcare
- Infrastructure
- Life Sciences
- Manufacturing
- Metals and Mining
- Oil & Gas
- Power
- Private Equity
- Real Estate
- Retail and Consumer Products
- Technology
- Transportation
Trusted Advice on Complex Issues
Often the first call for domestic and cross-border transactions that involve complex or novel issues. We specialize in advising clients on the largest and most market-defining deals, including special situations as well as corporate governance and regulatory matters.
Global Presence
Borderless service from our offices across Canada’s major commercial centres and in New York and London. We routinely work closely and in concert with leading law firms in the U.S., the U.K. and overseas.
Strategic and Practical
Commercial-minded, practical advice and deal-making with a relentless focus on managing risk, delivering value and getting the right deal done.
Business Advisors
As entrepreneurial thinkers with a business mindset, we understand our clients’ businesses and focus on achieving their transaction objectives.
Select Recent Experience
Metals & Mining
Rio Tinto
US$3.3 billion
Acquisition of Turquoise Hill Resources
Royal Gold
US$3.5 billion
Acquisition of Sandstorm Gold
Glencore
US$7.3 billion
Acquisition of Elk Valley Resources from Teck Resources
Oil & Gas
Brookfield Infrastructure Partners
C$15 billion
Privatization of Inter Pipeline
Enbridge
US$14 billion
Acquisition of three US-based utilities from Dominion Energy
Cenovus Energy
C$7.9 billion
Acquisition of MEG Energy
Power
Innergex Renewable Energy
C$10 billion
Acquisition by La Caisse
Brookfield Renewable Holdings
€3.25 billion
Acquisition of 53.12% stake in Neoen
Cameco Corporation
US$7.875 billion
Partnership with Brookfield Renewable to acquire Westinghouse Electric
Real Estate & Financial Services
Summit Industrial Income REIT
C$5.9 billion
Acquisition by JV between Dream Industrial REIT and GI
National Bank of Canada
C$5 billion
Acquisition of Canadian Western Bank
Slate Asset Management
US$2.33 billion
Acquisition of the Commercial Real Estate Business of Annaly Capital Management
Retail & Consumer Markets
Ritchie Bros.
US$7.3 billion
Acquisition of IAA
General Mills
US$2.1 billion
Sale of its North American yogurt business to Lactalis and Sodiaal
Nestlé S.A.
US$5.75 billion
Acquisition of core brands of The Bountiful Company to integrate into the Nestlé Health Science business line
Tech & Telecom
La Caisse
US$6.3 billion
Share exchange as part of take-private of Nuvei by Advent International
Co-investors in a group led by Blackstone
C$7 billion
Investment in Rogers Communications
Silver Lake
US$6.4 billion
Investment in Vantage Data Centers
Transportation
Skyservice Business Aviation
Undisclosed
Acquisition of interests in Fontainebleau Aviation's fixed-based operators in Miami Opa-Locka and Fort Lauderdale-Hollywood Airports
Brookfield Infrastructure Partners and GIC
US$8.4 billion
Acquisition of Genesee & Wyoming
Blue Wolf Capital Partners
C$1.2 billion
Acquisition of LOGISTEC
Infrastructure
Brookfield Asset Management
£4.08 billion
Acquisition of HomeServe
Blackstone Group and Benettons
€58 billion
Buyout offer for Atlantia
Ovivo
C$2.4 billion
Proposed acquisition by Ecolab of its electronics business
Awards & Rankings
Chambers & Partners
Band 1 in Corporate and M&A
Chambers & Partners
Band 1 Corporate/Commercial: The Elite (British Columbia, Ontario, Québec)
Legal 500
Tier 1 in Corporate and M&A
The Canadian Legal Lexpert Directory
Recognized as a Most Frequently Recommended firm for M&A
Cross-Border M&A: Top 10 Considerations for U.S. Acquirers of Canadian Targets
Our market-leading M&A Group highlights the core issues, key considerations, pitfalls and opportunities for U.S. businesses and investors contemplating the acquisition of a Canadian target.
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Canadian Going Private Transactions
Understand the steps necessary to take a public company private from some of Canada’s leading transactional lawyers.
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Special Committees
An overview of some of the principal Canadian corporate and securities law considerations that apply to special committees, with an emphasis on special committees appointed in connection with M&A transactions.
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The Mergers & Acquisitions Review, Sixteenth Edition – Canada chapter
The Canada chapter of the sixteenth edition of The Mergers & Acquisitions Review provides a practical overview of recent M&A activity and the legal and regulatory frameworks governing M&A transactions. Focusing on recent developments and emerging trends, this helpful publication examines key issues that can affect business, including relevant competition law considerations, foreign involvement, and more.
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Key Contacts

Shea T. SmallPartner | Co-Head of M&A | Co-leader Global Metals & Mining
People.Offices.Plural Toronto, London, UK
Jonathan D. SeePartner | Co-Head of M&A and Co-Head of Private Equity
People.Offices.Singular Toronto