News

This section keeps you up-to-date on the latest news and upcoming public appearances of Lavery professionals.

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  1. Lavery helps NorthStar to close an investment round worth approximately CA$ 47 million

    On December 23, 2022, NorthStar Earth & Space Inc. closed a Series C investment round worth approximately CA$ 47 million, with Cartesian Capital Group, LLC, as lead investor through its fund, Pangaea Three Acquisition Holdings III, LLC, Telesystem Space Inc., Luxembourg Future Fund – Co-Investments SA, the Québec Government through its mandatary Investissement Québec, and the Luxembourg Space Sector Development SCSp funded by the world’s leading connectivity solutions provider, SES, and the Luxembourg Government. With this investment, NorthStar will be able to fully finance its Space Situational Awareness (SSA) development project and the launch of its first three monitoring satellites scheduled for mid-2023. Lavery was privileged to represent NorthStar in this important mandate. Our partner, Ms. France Camille De Mers, led the transaction with the support of Mr. Philippe Brassard and Ms. Pamela Cifola, in particular. Our partners Mr. Ali El Haskouri and Mr. André Vautour also helped make the transaction a success. — NorthStar Earth & Space Inc. is the first commercial enterprise to monitor all near-Earth orbits from space and combine data from a variety of ground-based sensors to provide more extensive coverage. Its suite of high-speed information services accurately tracks and predicts the position of space objects to enable safety in spaceflight. With a head office in Montréal, Canada, European subsidiary in Luxembourg and an American subsidiary in McLean, Virginia, NorthStar is solving the ever-growing threat of space collisions, and, ultimately empowering humanity to preserve our planet.

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  2. Lavery represents Evolution Insurance in its merger with GroupAssur

    On April 20, 2021, GroupAssur, a managing general agent (MGA) offering specialty insurance products across Canada, announced its merger with our client Evolution Insurance, a wholesaler specializing in the underwriting of complex liability and construction risks. The merger makes GroupAssur Canada’s largest independent managing general agent in property and casualty insurance. Evolution Insurance’s expertise will enable GroupAssur to expand its product offering into target markets across Canada. A Lavery team led by Martin Pichette and Sébastien Vézina and composed of Jean-Paul Timothée, Gabriella Settino, Isabelle Normand and Florence Fournier (transactional) and Ali El Haskouri, Bernard Trang and Ana Nascimento (financing) played a significant role in representing Evolution Insurance’s interests throughout the transaction.

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  3. Lavery appoints five new partners

    Lavery is pleased to welcome the following professionals as partners in the firm: Dave Bouchard, Labour and Employment Law Brittany Carson, Labour and Employment Law Stéphanie Destrempes, Franchising and Distribution Ali El Haskouri, Corporate Law Marie-Nancy Paquet, Litigation and Dispute Resolution These talented lawyers who are rising to the rank of partner have shown a strong commitment to the firm and the profession in recent years, and they brilliantly embody Lavery’s values: Excellence, Collaboration, Audacity and Entrepreneurship. We offer them our congratulations on this significant achievement in their legal careers. The diversity in background of these new partners is a testament to the depth of our 360° service offering and our desire to be a growth partner for companies doing business in Quebec.

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  4. Lavery assists La Granaudière in obtaining more than $50M in financing

    Last October 28, La Granaudière announced that it has obtained more than $50M in financing from Ressources Québec, Investissement Québec and the Caisse Desjardins du Nord de Lanaudière. A team from Lavery represented the three lenders involved in the transaction and with respect to the relations between the various stakeholders in order to successfully complete this project, which will be a showcase for the renewable energy industry in Québec. This financing will enable La Granaudière, a plant producing wood pellets from forest biomass, to complete the construction of its plant by the summer of 2020 and to start producing wood pellets and exporting them to Europe by the end of 2020. The plant will produce nearly 200,000 tonnes of pellets annually, and should create about 180 direct and indirect jobs, including roughly 50 at the production plant in Saint-Michel-des-Saints. This mandate was successfully completed thanks to the extensive expertise of the Lavery team composed mainly by Étienne Brassard, Ali El Haskouri, Katerina Kostopoulos et Bernard Trang.

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  5. Lavery helps Chronometriq obtain $20 million in funding

    On October 1, Chronometriq, a Montréal-based supplier of technology that facilitates healthcare access and patient communications, announced that it had received more than $20 million in funding from Full In Partners. This funding will enable our client Chronometriq to strengthen its leadership position in Canada and drive its growth in the United States. Lavery played a significant role in representing Chronometriq’s interests throughout this transaction and helped it take on the kinds of challenges high-growth startups face when negotiating major funding. Chronometriq, founded in 2012, was named one of the 25 most innovative companies by C2 Montréal. It is now a leader in digital healthcare management, thanks to its range of comprehensive appointment management products suited to both clinics and patients. In the past year alone, Chronometriq has served 12 million users through the network of North American clinics that use its products. This mandate was successfully completed thanks to the extensive expertise of the Lavery team led by Jean-François Maurice and made up of Éric Gélinas, Felicia-Yifan Jin, Ali El Haskouri, Tina Basile, Guillaume Laberge, Florence Fournier, Shereen Cook and Pierre-Olivier Valiquette.

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