SMACSTEINBERG MARCUSADVISORY CORP.
Engagements

Transactions across cycles, sectors, and capital structures.

Selected transactions

Steinberg Marcus Advisory Corp. team members have executed significant transactions across a wide variety of industries.

Filter by sector. Items marked Confidential reflect client engagements where the company name remains undisclosed.

  • Associations
    Canadian Professional Sales Association
    Wind-down lead
    Successful organizational wind-down and planned bankruptcy with no legal action against the organization or directors and no service interruption.
  • Automotive
    Automotive Aftermarket Retail ChainConfidential
    Financing
    Closed US$8M senior secured loan providing a flexible facility for a business model transformation.
  • Cannabis
    Cannabis Extraction FacilityConfidential
    Commercial assessor
    Large-scale hydrocarbon and ethanol cannabis processor with leading concentrate brands.
    Strategic recommendations delivered to management and shareholders.
  • Construction
    Caribbean Cement ManufacturerConfidential
    Financing
    Closed US$25M senior secured term loan for equipment and machinery to set up a cement grinding station.
  • Defense
    Defense Products ManufacturerConfidential
    Financing participant
    Participated in US$330M senior secured term loan providing an acquisition facility that more than doubled the company's size.
  • E-Commerce
    B2B2C Commercial Real Estate MarketplaceConfidential
    Investment monitor for RBC
    Integrated B2B2C e-commerce marketplace serving the commercial real estate industry.
  • Energy & Mining
    Atlantic Power Corp.
    Underwriter / Co-Manager
    Underwriter of US$625M acquisition bridge facility and co-manager of US$460M high yield notes for the Capital Power Income LP acquisition.
  • Entertainment
    Film & Television CompanyConfidential
    Board Member, Audit Committee
    Development, production, distribution, and financing of low-budget feature films and television programs.
  • Food & Beverage
    International Beverage CompanyConfidential
    Operations and market entry advisor
    Designed and certified ECO-CERT organic standard; opened U.S. markets (California); established co-packing arrangements with major brands.
  • Healthcare & Pharma
    Biologic Contract ManufacturerConfidential
    Transaction advisor
    Completed US$53M acquisition of Eylea royalties.
  • Hospitality
    Branded Full-Service Hotels
    Financing
    Closed C$23M 2nd mortgage and B-note in the refinancing of five branded hotels.
  • Infrastructure
    Capstone Infrastructure Inc.
    Bridge arranger
    Arranged C$150M acquisition bridge facility for the power generation and utility assets platform.
  • Legal Services
    Aboriginal Legal Services (ALS)
    Interim Executive Director
    Legal services program for Aboriginal people in the Greater Toronto Area. Negotiated complex collective bargaining agreements.
  • Manufacturing
    Anchor Lamina Inc.
    Board Member, Audit Committee
    Largest manufacturer of die sets in North America.
  • Marketing
    Marketing Communications FirmConfidential
    Financing originator
    Originated C$185M senior secured revolver and term loan for additional liquidity.
  • Private Equity
    Private Equity Firm
    Financing arranger
    Arranged a C$320M senior secured revolver and term loan to provide liquidity across an 18-company portfolio.
  • Real Estate
    2010 Winter Olympics Residential DevelopmentConfidential
    Joint venture / developer financing
    Originated a C$750M 1st, 2nd, and 3rd lien term loan facility for the residential development.
  • Retail
    Grocery Gateway.com
    Investment monitor for RBC
    Online grocery platform.
  • Security
    Document Security Services ProviderConfidential
    Financing arranger
    Arranged C$200M senior secured loan for expansion capital.
  • Software
    Enterprise Content Management ProviderConfidential
    Financing
    Closed US$390M first and second lien financing facility for additional working capital.
  • Specialty Finance
    Direct Cash Payments Inc.
    Bridge arranger / sub-underwriter
    Arranged C$125M acquisition bridge facility and sub-underwrote A$217M high yield bridge for the Customers Limited acquisition.
  • Technology, Media & Telecom
    Alcatel / Innovative Fibers Inc.
    M&A advisor
    Advised Alcatel on US$175M acquisition of Innovative Fibers Inc., a manufacturer of optical filters.
  • Transportation & Logistics
    MTE Logistix Ltd.
    Financial Advisor
    Advised the senior secured lender in its successful acquisition via a credit bid
  • Waste Management
    Biomass Facilities OperatorConfidential
    Board, Audit, HR Committees
    Oversight of biomass facilities in British Columbia, Manitoba, and Florida.
  • Automotive
    Trinity Auto Group
    Financial Advisor
    Pre-filing financial advisor to the Trinity Auto Group
  • Cannabis
    Crop
    Assessment advisor to major shareholders
    Multi-state U.S. cannabis operator with operations in Nevada, Washington, Oklahoma, and California.
    Uncovered misrepresentation by U.S. operating partner.
  • Construction
    Earth Boring Co Ltd.
    Operational advisor
    Ontario's oldest and largest trenchless services provider. Refined receivables and holdback procedures, implemented detailed cost monitoring, and built proactive resource allocation systems against project budgets.
  • Energy & Mining
    Earth Drilling Co. Ltd
    Financial advisor
    Advised on the MBO of the drilling subsidiaries (Earth Drilling, Harris Exploration and OnTrack) of STS Renewables.
  • Entertainment
    Gateway Casinos & Entertainment Ltd.
    Financing advisor
    Refinancing of C$383M credit facilities and C$170M second lien high yield notes for the Canadian casino and entertainment operator.
  • Food & Beverage
    Privately Owned Food & Beverage ManufacturerConfidential
    Operations and compliance advisor
    Designed and certified HACCP-BNQ standard; expanded market access across Canadian provinces; secured retail partnerships with Sobeys, Costco, and Dollarama.
  • Healthcare & Pharma
    GoodLife Fitness Centres Inc.
    Financing
    Closed C$25M of subordinated notes for Canada's largest health club operator (400+ clubs).
  • Hospitality
    Canadian Pacific Hotels / Fairmont Hotels
    M&A advisor
    Advised on the merger between Canadian Pacific Hotels and Fairmont Hotels.
  • Infrastructure
    Epcor Power (US) G.P.
    Private placement arranger
    Arranged US$225M private placement of senior notes for the U.S. electricity generation and distribution utility.
  • Manufacturing
    Armtec Holding Ltd.
    High yield note participant
    Participated in inaugural high yield note offering for the infrastructure products (drainage, road materials) manufacturer.
  • Private Equity
    Tri Continental Capital
    Investment monitor for RBC
    Real estate acquisition and development fund providing equity loans across North American markets.
  • Real Estate
    Avanew Single Family Rental Fund
    Capital arranger
    Arranged C$56M senior secured facility and C$30M of equity to support property acquisitions.
  • Retail
    La Senza Corp. / Limited Brands Inc.
    Sale advisor
    Advised La Senza on its C$657M sale to Limited Brands. Intimate apparel retailer with 645 locations across 35 countries.
  • Security
    Garda World Security Inc.
    Document agent / Joint bookrunner
    Arranged C$340M of credit facilities and joint bookrunner / co-manager on US$250M and C$75M of 7-year (9.75%) high yield notes.
  • Software
    MSDS Solutions Inc.
    Board Member
    Management of Material Safety Data Sheets for manufacturers and users of hazardous products.
  • Specialty Finance
    Distressed Asset-Based LenderConfidential
    Financing arranger
    Arranged US$150M senior secured loan for liquidity.
  • Technology, Media & Telecom
    ATI Technologies Inc. / ArtX
    M&A advisor
    Advised ATI on US$400M acquisition of ArtX, designer of graphics chips for Nintendo's 64 console.
  • Transportation & Logistics
    Multi-National CarrierConfidential
    M&A advisor
    Advised on the acquisition and integration of two privately-owned transport companies.
  • Waste Management
    Waste Technology ProviderConfidential
    Board Member, Audit Committee
    Proprietary thermal conversion technology converting landfill-bound materials into reusable material and energy.
  • Cannabis
    East Coast Cannabis CultivatorConfidential
    Out-of-court restructuring advisor
    Publicly traded cultivator with projects in Ontario, Newfoundland & Labrador, and Nova Scotia facing cash burn and hostile partners.
    Exited non-performing projects; sold for $12.9M in 2020.
  • Energy & Mining
    Greenfield Ethanol Inc.
    Joint Lead Arranger
    Refinanced C$225M credit facilities and C$53M mezzanine facilities for the ethanol and renewable energy producer.
  • Entertainment
    HealthHub Patient Engagement Solutions Inc.
    Financial advisor
    Advised the senior secured lender in its successful acquisition via a credit bid.
  • Healthcare & Pharma
    Inwest Investments Corp. / Drug Royalty Corp.
    M&A advisor
    Advised Inwest on its C$133M acquisition of Drug Royalty Corp., a pharmaceutical royalty investment firm.
  • Hospitality
    Full-Service HotelConfidential
    Financing arranger
    Arranged C$20.4M 1st & 2nd mortgage for additional liquidity.
  • Manufacturing
    Flexible Vinyl ManufacturerConfidential
    Financing originator
    Originated US$20M second lien loan for a manufacturer of flexible vinyl materials for automotive and industrial sectors.
  • Real Estate
    CanPark Inc. / Allied REIT
    Divestiture advisor
    C$7M divestiture of two parking lots to Allied REIT.
  • Software
    Polyplan Technologies Inc.
    Board Member, Chair of Audit and HR Committees
    Developer of computer-aided process planning (CAPP) software for manufacturing.
  • Specialty Finance
    Drug Royalty III LP
    Financing
    Closed US$450M in two tranches against a portfolio of 31 royalty streams on 14 pharmaceutical products.
  • Technology, Media & Telecom
    Cogeco Cable Inc.
    Joint bookrunner
    Arranged C$257M private placement of senior notes: US$190M of 7-year 7.00% notes and C$55M of 10-year 7.60% notes.
  • Transportation & Logistics
    World Wide Carriers Ltd.
    CCAA management
    End-to-end supply chain, logistics, and warehousing provider. Managed shareholder communication during CCAA, oversaw liquidation of 200+ trailers and 50+ trucks, reconciled factoring agreements, ran property sales and refinancing, and conducted forensic accounting on a shareholder dispute.
  • Cannabis
    Green Seal
    Information Officer / CRO
    Multi-site cannabis cultivator and exporter with tens of millions in secured credit.
    Full recovery for secured creditors through a going-concern sale.
  • Energy & Mining
    Industrial Ethanol ManufacturerConfidential
    Board Member
    Board, audit, HR, and risk committee roles at Canada's largest industrial and fuel ethanol manufacturer/supplier.
  • Entertainment
    Television and Film Production CompanyConfidential
    Board Observer, Audit Committee
    Product development for television and feature films.
  • Healthcare & Pharma
    Life Arc (formerly MRCT)
    Transaction advisor
    Completed US$150M acquisition of Keytruda royalties for the medical research charity.
  • Hospitality
    UniHost Corp. / W-Westmont Corp.
    Sale advisor
    Advised UniHost Corp. on its sale to W-Westmont Corp.
  • Manufacturing
    Lacent Technologies Inc.
    Board Member, Chair of Sale Committee
    Developer of sophisticated laser cutting systems for materials.
  • Real Estate
    Caribbean Real Estate Investment CompanyConfidential
    Financing
    Closed a US$10M secured term loan for the strategic acquisition of an overseas asset.
  • Specialty Finance
    Genworth MI Canada Inc.
    Co-Manager
    Co-managed underwriting of C$275M high yield unsecured debentures.
  • Technology, Media & Telecom
    Data Center ProviderConfidential
    Financing
    Closed US$30M senior secured loan for liquidity.
  • Cannabis
    International Cannabis OperatorConfidential
    CCAA advisor
    Multi-country medical cannabis operator with facilities in Israel, Germany, and Canada.
    Stabilized business, negotiated brand sale, limited losses for the asset-based lender.
  • Energy & Mining
    Nexen Inc.
    Co-advisor
    Co-advisor on the divestiture of Nexen Chemicals (Canexus).
  • Healthcare & Pharma
    MDS Corp. / Phoenix International Life Sciences Inc.
    M&A advisor
    Advised MDS Corp. on C$497M acquisition of Phoenix International Life Sciences Inc., a contract research organization with operations in Canada, the U.S., and Europe.
  • Manufacturing
    Plastic Products ManufacturerConfidential
    Financing originator
    Originated US$15M second lien loan for a global manufacturer of plastic consumer and industrial products.
  • Real Estate
    Quasi-Government EntityConfidential
    Debt arranger
    Arranged a TT$800M (~C$170M) debt facility comprising two bridge loans and two bonds.
  • Specialty Finance
    Intesa Bank Canada / HSBC Canada
    Sale advisor
    Advised Intesa Bank on its C$114M sale to HSBC, including twelve branches across three provinces.
  • Technology, Media & Telecom
    JDS FITEL / Uniphase Corp.
    M&A advisor
    Advised on the merger creating the first fiber optic company with both active and passive optical components.
  • Cannabis
    MedReleaf / Aurora Cannabis
    Executive Acquisition Sponsor
    Served as MedReleaf's Executive Acquisition Sponsor for its successful acquisition by Aurora Cannabis for C$3.2B.
  • Energy & Mining
    Oil & Gas Exploration CompanyConfidential
    Financing participant
    Participated in US$200M first and second lien loan facility providing acquisition financing.
  • Healthcare & Pharma
    Pharmaceutical Royalty AcquirerConfidential
    Transaction advisor
    Completed US$77M acquisition of Rilpivirine royalties.
  • Manufacturing
    Vintex Inc.
    Investment monitor for RBC
    Polymer-coated textile manufacturer with 300+ custom products for healthcare, industrial, and commercial markets.
  • Real Estate
    Retirement Residence REIT (RRR)
    Sale advisor
    Advised on the C$2.8B sale of RRR to the Public Sector Pension Investment Board (PSP).
  • Specialty Finance
    Mackenzie Financial Corp. / Investors Group Inc.
    Sale advisor
    Advised Mackenzie on C$4.1B sale to Investors Group following an unsolicited CI Financial offer.
  • Technology, Media & Telecom
    JDS Uniphase / SDL Inc.
    M&A advisor
    Advised JDS on US$19B acquisition creating the world's largest manufacturer of active and passive optical components.
  • Cannabis
    MJardin Group
    Operational restructuring lead
    Multi-site cannabis producer carrying over $200M in Bridging Finance capital with approximately $9M annual cash burn at engagement.
    Restored to free cash flow generation of several million annually.
  • Energy & Mining
    Prophecy Resource Corp.
    Sole Lead Arranger and Financial Advisor
    Secured credit facility of up to C$10M for the coal and minerals exploration company.
  • Healthcare & Pharma
    Pharmaceutical Royalty SupplierConfidential
    Transaction advisor
    Completed US$54M acquisition of Stelara, Simponi, and Ilaris royalties.
  • Manufacturing
    Wood-Based Building Products ManufacturerConfidential
    Financing
    Closed a C$150M second lien loan for the wood products manufacturer.
  • Real Estate
    RioCan REIT
    Joint bookrunner
    C$125M preferred unit offering for the retail and commercial property portfolio.
  • Specialty Finance
    Microfinancing FirmConfidential
    Financing arranger
    Arranged US$100M senior secured fixed rate note.
  • Technology, Media & Telecom
    Microcell Telecommunications Inc.
    Restructuring advisor
    Advised on C$1.7B restructuring agreement with lenders for the mobile and internet services provider.
  • Cannabis
    MPXI
    Creditor advisor
    Multi-country cannabis operator with medical cultivation and processing assets in Canada, Malta, South Africa, and Thailand.
    Achieved cash-flow-positive status through strategic refocus.
  • Energy & Mining
    State-Owned Oil RefineryConfidential
    Debt restructuring
    Restructured US$100M of balance sheet debt into a senior secured term loan.
  • Healthcare & Pharma
    Yourgene Health Canada Ltd.
    Board Member
    Provider of molecular diagnostic solutions for reproductive health, precision medicine, and infectious diseases.
  • Specialty Finance
    Newcourt Credit Group / The CIT Group
    Sale advisor
    Advised Newcourt on US$2.8B sale to CIT, creating one of the largest commercial finance companies.
  • Technology, Media & Telecom
    Newbridge Networks Inc. / Stanford Telecom
    M&A advisor
    Advised Newbridge on US$499M acquisition of Stanford Telecom's Wireless Broadband Products division, including subsequent sale of Space and Defense Communications and EMS businesses.
  • Cannabis
    MYM Nutraceuticals
    Restructuring advisor
    Global cannabis cultivation and CPG company with operations across Australia, the U.S., Colombia, Mexico, and Canada.
    Acquired $12.9M asset; entity ultimately sold for $87M.
  • Energy & Mining
    STS Renewables Inc.
    Financial advisor
    Advised STS Renewables on its operational restructuring.
  • Technology, Media & Telecom
    OptiMEMS Inc.
    Investment monitor for RBC
    Developer of microelectromechanical systems technology for telecommunications and consumer electronics.
  • Cannabis
    TJAC
    Chief Executive Officer and Director
    Large-scale Canadian cannabis producer and exporter with below-standard yields and limited distribution.
    Sold to a multi-country operator for $84M.
  • Technology, Media & Telecom
    Quebecor Media Inc.
    Lead Arranger / Joint Book-Running Manager
    US$700M bridge facility for the Osprey Media Income Fund acquisition, plus C$1.4B in term loans and high yield notes for refinancing.
  • Cannabis
    Trichome Financial / James E. Wagner
    Chief Restructuring Officer
    Specialty cannabis lender and indoor cultivator with unreliable aeroponic technology and a senior credit default.
    First successful CCAA exit in the Canadian cannabis industry via asset purchase.
  • Technology, Media & Telecom
    Quebecor World Inc. (European Operations) / HHBI
    Divestiture advisor
    Advised on the divestiture of Quebecor World Europe during Quebecor World Inc.'s restructuring.
  • Technology, Media & Telecom
    Videotron Ltée
    Joint bookrunner
    High yield notes underwriting for the Quebec based regional cable, internet and telecom provider.