It’s hard to believe that dealmaking in Canada could have hit the levels it has during the most severe pandemic of the past century.
MID-MARKET DEAL OF THE YEAR
From transactions in the mining sector and the food retail industry to deals involving commercial health care products and services, the Excellence Awardees in the mid-market category showed extensive knowledge that advances groundbreaking results.
On April 23, 2021, WELL Health Technologies, an omnichannel digital health firm, completed the US$372.9 million acquisition of CRH Medical Corporation, a growing commercial health care products and services company.
As a result of this transaction, WELL Health, a company that is only four years old, is now the third-largest e-health player in Canada, behind only TELUS, which has been operating since 1990, and Loblaws, a leading retailer in Canada operating for over a hundred years.
While Torys, the lead firm on the deal, acted as counsel to WELL Health in both Canada and the US, cross-border collaboration was required by counsel to CRH and JP Morgan. Torys team was led by Janan Paskaran and Cheryl Reicin.