Blake Cassels & Graydon, a historic member of the Seven Sisters, was founded in 1856. This full-service firm has expanded to five Canadian cities—Toronto, Calgary, Vancouver, Montréal, and Ottawa—and two international locations in New York and London. Renowned for its corporate and project development expertise, the firm excels in financial services, advising on regulatory and transactional matters, including refinancing and acquisition financing. Its capital markets team handles diverse equity, debt, and structured finance issues, while the M&A team supports strategic acquisitions and reorganizations. The restructuring and insolvency team is adept at managing all sides of restructuring proceedings.
Blakes advised on two of Canada’s most significant transactions in 2024. The firm represented
Advent International in its take-private acquisition of Nuvei Corporation, a global fintech leader. The deal involved complex structuring of multi-billion-dollar debt financing, concurrent reorganizations, and a new governance framework among Advent and rollover shareholders, alongside global regulatory approvals—setting a benchmark for cross-border private equity transactions. Blakes also acted for
South Bow Corporation in its notes offering, the largest debt capital markets transaction in Canadian history, tied to TC Energy’s liquids pipeline spinoff. The transaction required innovative hybrid securities structuring, regulatory approvals across Canada and the U.S., and the creation of a dual-listed public company on TSX and NYSE.
Algonquin Power & Utilities, AstraZeneca, Cleveland Cliffs, Coastal Gaslink Pipeline, Equinox Gold Corporation, JP Morgan Securities, RBC Capital Markets, Royal Bank of Canada and South Bow Corporation.
