Industry groups

Macquarie's Industrials and Diversifieds team focuses on mergers and acquisitions, divestments, takeovers, takeover defenses, corporate restructuring, privatizations, project finance and tailored strategic and financial advice. We have expertise in Retail and Consumer Products, Transportation, Diversified Manufacturing and Distribution, Security and Defense, and Financial Services.

Healthcare & Biotechnology
The team has been engaged across a full spectrum of deals in the Canadian healthcare and biotechnology industry sector. Specific industry segments of focus include medical imaging and devices, clinical research and related services, drug discovery and drug delivery. Within these segments, our team has significant experience advising clients on public and private capital raising, mergers and acquisitions and restructuring transactions.

Select transactions include:

M&A and Financings

• June 2007: Bradmer Pharmaceuticals, $21.1 million, Co-Manager
• May 2007: BioMS Medical, $44.3 million, Lead
• April 2007: DiagnoCure, $25.2 million, Co-Manager
• March 2007: Financial Advisor to Caprion on its Merger with Ecopia
• February 2007: SemBioSys Genetics, $25 million, Co-Manager
• January 2007: Cardiome Pharma, $96.6 million, Co-Manager
• November 2006: ConjuChem, $120.3 million, Co-Manager
• November 2006: Lab Research, $25.9 million, Co-Manager
• August 2006: Lab Research, $43.7 million, Co-Lead
• May 2006: ConjuChem, $15.8 million, Co-Lead
• May 2006: Labopharm, $113.7 million, Co-Manager
  

An innovator in the infrastructure sector, Macquarie is a  global leader in infrastructure acquisition, funding and management. Members of the Macquarie Group currently manage over $50 billion in equity invested in infrastructure and essential services around the world through a range of listed and unlisted vehicles. 

Macquarie is a committed, long-term investor in infrastructure. Our aim is to manage responsibly and profitably the assets in which we have investments. Macquarie adds value through specialist strategic, commercial, operational and financial expertise with proven ability to enhance the performance of assets over the long-term. Major infrastructure sectors that Macquarie specializes in around the world include: toll roads; airports and airport-related assets; telecommunications; water;  energy and utility; rail; ports; transmission and distribution assets; as well as social infrastructure.

Macquarie has more than 500 infrastructure advisory specialists worldwide with deal origination skills and transaction execution experience. This team works closely with the more than 600 professionals in its Macquarie Capital Funds division who manage over 100 assets in 25 countries.

Recent transactions include:

• Financial Advisor and Debt Arranger on Macquarie Infrastructure Partners Greenfield tollroad financing of the A-25 tollroad in Montreal
• Financial Advisor to Macquarie Infrastructure Partners on their Acquisition of Fraser Surrey Docks in Vancouver
• Equity Arranger, Underwriter and Advisor to Macquarie Essential Assets Partnership on the acquisition of the Sea to Sky Improvement project in British Columbia
• Debt Arranger and Financial Advisor on Macquarie Infrastructure Partners acquisition of Halterm, who operate a container terminal and cargo handling facility located in Halifax, Nova Scotia
• Debt Arranger and Financial Advisor to Macquarie Power & Infrastructure Income Fund on the acquisition of 100% of the units of Clean Power Income Fund (“CPIF”) via a unit exchange.

Macquarie is an established leader in the provision of corporate finance advice to clients in the natural resources sector globally. Macquarie’s global Natural Resources group has over 100 dedicated resources capital advisory professionals with expertise in mergers and acquisitions, and equity underwriting. These professionals are located in our Toronto, Vancouver, Calgary, New York, Houston, London, Sydney, Melbourne, Perth, Singapore, Johannesburg, Hong Kong, Beijing, Mumbai, Jakarta and Seoul offices. Macquarie has extensive resources expertise in its Institutional equity sales, trading and research divisions.

Mining
In North America, Macquarie's team of mining industry mergers and acquistiions specialists located in Toronto and Vancouver have collectively advised on many of the world's largest and most complex natural resources transactions.

Select transactions include:

M&A

• Financial Advisor to Gold Fields on the sale of its Venezuelan Assets to Rusoro Mining Ltd., US$532 million
• Financial Advisor to Agnico-Eagle Mines on its Acquisition of Cumberland Resources, $709.7 million
• Financial Advisor to Lundin Mining on its US$3.4 billion merger with EuroZinc Mining
• Financial Advisor to Xstrata on its US$6.1 billion recommended cash offer for LionOre Mining International
• Financial Advisor to Glamis Gold on its merger with Goldcorp, US$21.3 billion
• Financial Advisor to Glamis Gold on its Acquisition of Western Silver, $1.3 billion
• Financial Advisor to Virginia Gold Mines on its sale of the Eleonore Project to Goldcorp, US$420 million
• Financial Advisor to Agnico-Eagle on its Merger with Riddarhyttan Resources, US$150 million
• Financial Advisor to Eldorado Gold on its acquisition of Afcan Mining, $82 million

Financings

• June 2007: Consolidated Thompson Iron Mines, $200 million, Lead, Common Share Offering
• May 2007: Quadra Mining, $150.7 million, Lead, Unit Offering
• January 2006: Eldorado Gold, $186.3 million, Lead, Common Share Offering

Oil & Gas
Macquarie's oil and gas team works with clients in the upstream, midstream and downstream energy sectors. The team provides strategic advice related to M&A, restructuring and recapitalization; raises capital in the private and public equity and debt capital markets; and invests capital by making equity and debt investments to facilitate selected client transactions. The group focuses on clients in North America and works on cross-border transactions with Macquarie’s oil and gas teams based in London, Sydney, Perth and Singapore.

Select transactions include:

M&A

• Provided a fairness opinion to Pacific Stratus on its merger with Petro Rubiales Energy, $1.8 billion
• Financial Advisor to TriStar Oil & Gas on its merger with Real Resources, $1 billion
• Strategic Advisor to Sequoia Oil & Gas Trust on its merger with Daylight Energy Trust, $1.7 billion
• Financial Advisor to StarPoint Energy Trust on its merger with Acclaim Energy Trust, $5.4 billion
• Strategic Advisor to StarPoint Energy Trust on its merger with APF Energy Trust, $940 million

Equity Financings

• Crew Energy, $59.2 million, Co-Lead, Bought-Deal financing
• TriStar Oil & Gas, $50.6 million, Lead, Bought-Deal Financing
• Bayou Bend Petroleum Ltd., $200 million, Co-Lead, Private Placement
• Chamaelo Exploration, $93.8 million, Lead, Private Placement
• Mission Oil & Gas, $104.3 million, Co-Lead, Private Placement
  

Other
Macquarie's global Resources group also has extensive experience advising clients in the Forest Products, Chemicals and Resources Services industries. The team is able to provide strategic advice related to M&A, restructuring and recapitalization. Macquarie is also able to assist clients in raising capital in both the private and public equity markets.

Select transactions include:

• Financial Advisor to a Macquarie-led consortium on the acquisition of Boart Longyear on several global acquisitions, and subsequent IPO on the Australian Stock Exchange
• Joint Bookrunner and Sponsor to Samling Global on its US$322 million IPO
• Financial Advisor and Lead Arranger to Greenworld Timber Resources on its US$65 million bond and exchangeable note offer
• Financial Advisor to Rio Tinto on it AU$355 million sale of its interest on North Forestry Products
• Advisor to Smart Papers on its Chapter 11 restructuring and sale to Plainfield Asset Management*
• Financial Advisor to Sauder Woodworking on the sale of its subsidiary Archold Container to Green Bay Packaging*
• Financial Advisor to NS Packaging on its sale to Keller-Crescent*
  
  

*On April 13, 2007, the business of Giuliani Capital Advisors was acquired by the Macquarie Group. Transactions completed prior to the acquisition are identified as being completed by Giuliani Capital Advisors. Most of the professionals that worked on those transactions are now employed by the Macquarie Group.

We advise on and execute real estate-related acquisitions, disposals, mergers, takeovers and defences as well as offering on-going strategic advice. We provide sophisticated financial analysis and also advise on and devise effective financial ownership and risk-sharing structures.

Macquarie's global Telecommunications, Media, Entertainment and Technology (TMET) group has been engaged across a full spectrum of deals in the sector including capital raising, mergers and acquisitions and restructuring transactions.

Our global TMET coverage leverages Macquarie’s knowledge in various markets and identifies potential mergers and acquisitions opportunities for our North American clients. Specific sub-sectors of our global TMET coverage include: Telecommunications – wireline and wireless infrastructure, alternative carriers and specialty communication services; Media – printing, publishing, broadcasting and online advertising and search; Entertainment – amusement, recreation and gaming services; Technology – software, hardware and service providers with a specific focus on video, wireless data, computing infrastructure, mapping/geospatial, data security and transaction processing.

Recent transactions include Macquarie acting as Financial Advisor to New World Gaming Partners, a joint venture between Macquarie and Crown on the acquisition of Gateway Casinos, one of the largest casino operators in Western Canada.

Other select transactions include:

M&A

• Financial Advisor to DataMirroron its sale to IBM US$161 million
• Financial Advisor to Komunik on its merger with Datamark Systems $36.5 million
• Financial Advisor to Yak Communications on its sale to Globalive Communications US$68 million

Financings

• DragonWave (Co-Manager) $50.3 million
• Athlone Global Security (Co-Lead) $40.6 million
• Intermap Technologies (Co-Manager) $37 million
• TeraGo Networks (Co-Manager) $50 million
• Wireless Matrix (Lead) $14.7 million
• Tranzeo Wireless Technologies (Lead) $8 million
• Axia NetMedia (Lead) $22.4 million