Raymond Chabot Grant Thornton advises Cannamedical Pharma GmbH on an equity raise to provide growth capital.
Founded in 2016, Cannamedical Pharma GmbH (‘’Cannamedical’’ or ‘’the Company’’) began operations following the legalization of medical cannabis in Germany in March 2017. As a leading independent European Union (“EU”) GMP licensed medical cannabis wholesaler, the Company is licensed to import narcotic medicines into Germany and export across the entire EU territory.
Over years, the Company has built an extensive distribution network across Germany, and employs close to 40 employees in Cologne, Germany and has subsidiaries in Canada, the United Kingdom and Greece.
Cannamedical’s commitment is aimed at safety, reliability and a quality management system that guarantees the highest possible product standards. All production partners must also meet the highest pharmaceutical quality standards worldwide – the so-called GMP guidelines (Good Manufacturing Practice).
Cannamedical called on Raymond Chabot Grant Thornton’s Corporate Finance team to support them with reviewing and optimizing their financial structure in order to access additional liquidity by way of an equity raise.
Cannamedical concludes an equity raise for growth capital
Raymond Chabot Grant Thornton acted as exclusive financial advisor to Cannamedical.
“I would like to thank everyone at Raymond Chabot Grant Thornton who took part in our project for your professionalism in helping us with our financing’’ states Gianfranco Salerno, Managing Director Cannamedical Pharma Canada Inc. ‘’ Your implication, expertise and know-how, without a doubt, added significant value to our process.”
Raymond Chabot Grant Thornton acted as exclusive financial advisor to Cannamedical.
The proceeds from an equity investment by a US and German-based growth equity investment firm will be used to accelerate Cannamedical’s expansion plan across Europe and capitalize on new markets, further consolidating its leading position.
To learn more about how Raymond Chabot Grant Thornton can help meet the needs of your business, please contact our Corporate Finance team.
About Raymond Chabot Grant Thornton
Raymond Chabot Grant Thornton is a Canadian leader in the areas of assurance, tax, financial advisory and business recovery and reorganization. Our leading mid-market focused corporate finance advisory team provides sector-specific advice on mergers, acquisitions and divestitures; debt and equity capital markets.
We bring deep industry knowledge to each transaction to support our clients’ corporate finance strategies and priorities. A member company of Grant Thornton International and the Canadian counterpart of Grant Thornton LLP, Raymond Chabot Grant Thornton has more than 2,500 employees and is one of the world’s largest professional services network made up of 50,000 people in over 135 countries.
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Raymond Chabot Grant Thornton advises Olly Fresco’s Canada on a growth capital financing transaction
Olly Fresco’s is a leading prepared food market concept, geared towards urban core professionals with a mission to be the neighbourhood’s “go to” breakfast and lunch favourite.
In 2009, they opened their first location in Calgary. Today, they have grown to 11 locations across the country in Canada’s busiest urban business centres while serving over 20,000 customers daily.
Olly Fresco’s offers prepared hot meals and sandwiches, vegan food and other made-to-order lunches and dinners, all provided in an efficient check-in-to-check-out experience.
The Company will use the capital obtained to accelerate its expansion plan across Canada and plans to more than double the number of stores by 2020.
Raymond Chabot Grant Thornton acted as exclusive financial advisor to Olly Fresco’s Canada.
‘’Raymond Chabot Grant Thornton accompanied Olly Fresco’s in our first capital raise. The Raymond Chabot Grant Thornton team were knowledgeable, professional and courteous.’’ states Dany Bitar, President. ‘’They brought value and options and helped us choose the right partner for our growth plan. We look forward to working with the Raymond Chabot Grant Thornton team again in the future.’’
Olly Fresco’s concludes a growth capital financing transaction
Raymond Chabot Grant Thornton acted as exclusive financial advisor to Olly Fresco’s.
To learn more about how Raymond Chabot Grant Thornton can help meet the needs of your business, please contact our Corporate Finance team.
About Raymond Chabot Grant Thornton
Raymond Chabot Grant Thornton is a Canadian leader in the areas of assurance, tax, advisory services and business recovery and reorganization. Our leading mid-market focused corporate finance advisory team provides sector-specific advice on mergers, acquisitions and divestitures; debt and equity capital markets.
We bring deep industry knowledge to each transaction to support our clients’ corporate finance strategies and priorities. A member company of Grant Thornton International and the Canadian counterpart of Grant Thornton LLP, Raymond Chabot Grant Thornton has more than 2,500 employees and is one of the world’s largest professional services network made up of 50,000 people in over 135 countries.
10 Apr 2019 | Written by :
Saki Tzanidis is a financial advisory expert at Raymond Chabot Grant Thornton. Contact him today!
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Raymond Chabot Grant Thornton advises Telecon on a refinancing transaction
Founded in 1967 and headquartered in Montréal, Quebec, Telecon is Canada’s leading provider of telecommunications network infrastructure services. Telecon leverages its coast-to-coast presence and 50 year history to offer industry-leading turnkey design, infrastructure and connectivity solutions to the most notable telecommunications companies in North America.
Thanks to a highly skilled and engaged workforce of over 3,400 employees, across eight Canadian provinces and an expanding presence in the United States, Telecon offers its clients an unparalleled national footprint and a large, proficient and multidisciplinary team.
In the context of a refinancing transaction, Raymond Chabot Grant Thornton acted as exclusive financial advisor to Telecon.
Telecon concludes a refinancing transaction
Raymond Chabot Grant Thornton acted as exclusive financial advisor to Telecon.
To learn more about how Raymond Chabot Grant Thornton’s Corporate Finance team can help you, please contact our deal team.
About Raymond Chabot Grant Thornton
Raymond Chabot Grant Thornton is a Canadian leader in the areas of assurance, tax, advisory services and business recovery and reorganization. Our leading mid-market focused corporate finance advisory team provides sector-specific advice on mergers, acquisitions and divestitures; debt and equity capital markets.
We bring deep industry knowledge to each transaction to support our clients’ corporate finance strategies and priorities. A member company of Grant Thornton International and the Canadian counterpart of Grant Thornton LLP, Raymond Chabot Grant Thornton has more than 2,500 employees and is one of the world’s largest professional services network made up of 50,000 people in over 135 countries.
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Walter Capital Partners Invests in a Leading Canadian School Photography Company
Raymond Chabot Grant Thornton advises Edge Imaging Inc. (“Edge”) on its sale to Walter Capital Partners (“Walter”).
Founded in 2005 and based in Burlington, Ontario, Edge is the largest Canadian-owned school photography company and the partner of choice for thousands of schools, having photographed over 10 million students since its inception. The company quickly established itself as a leader in this niche market for delivering very high-quality products with short lead-times. At the height of its business cycle, Edge currently employs over 400 people in Ontario and British Columbia.
Edge is a fully vertically integrated company which prides itself in delivering exceptional photography products as well as a great customer experience and leads the industry when it comes to privacy and security. Edge’s main target markets are elementary and high schools, and it also offers its services to colleges, universities and sports teams. Today, the Edge brand is recognized for consistently delivering high-quality products and offering a superior customer experience.
“This is an exciting new phase for Edge Imaging,” states Dave Pond, President Emeritus. “Raymond Chabot Grant Thornton has done an exceptional job of aligning Edge with a family office private equity fund, Walter Capital Partners, who are committed financially and through their expertise to growing Edge into a truly national brand.”
‘’Working with Raymond Chabot Grant Thornton was a seamless process from beginning to end. They worked efficiently to quickly gain the necessary knowledge about our niche industry to put forward an attractive business investment case,’’ says Dan Boudreau, the newly appointed CEO of Edge Imaging. ‘’By being thoroughly prepared, the firm went to market with a very robust approach, which resulted in a selection of equity partners that was balanced and aligned with our business objectives. The team saw the deal through to the end and continued to provide ongoing support that exceeded all expectations.’’
Raymond Chabot Grant Thornton acted as exclusive financial advisor to Edge Imaging.
“We are very enthusiastic to partner with Edge Imaging and to share our capital and expertise to support their growth ambitions,” states Sam Ramadori, Managing Partner of Walter Capital Partners. “With the extensive work done by Raymond Chabot Grant Thornton’s team in developing the opportunity and bringing together parties that share the same vision of Edge Imaging’s future potential, we are now in a position to put all the ingredients in place to replicate the successes we have had with the other companies in our portfolio.”
To learn more about how Raymond Chabot Grant Thornton can help meet the needs of your business, please contact our deal team.
About Raymond Chabot Grant Thornton
Raymond Chabot Grant Thornton is a Canadian leader in the areas of assurance, tax, advisory services and business recovery and reorganization. Our leading mid-market focused corporate finance advisory team provides sector-specific advice on mergers, acquisitions and divestitures; debt and equity capital markets.
We bring deep industry knowledge to each transaction to support our clients’ corporate finance strategies and priorities. Raymond Chabot Grant Thornton is Quebec’s leading professional services firm with more than 2,500 employees. As a member firm of the Grant Thornton International network and together with its Canadian counterpart Grant Thornton LLP, the firm is a member of one of the world’s largest professional services network made up of 50,000 people in over 135 countries.
10 Apr 2019 | Written by :
Simon Marcotte Légaré is a financial advisor. Contact him today!
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