David Millette practises primarily in the areas of corporate and securities law, financings and business acquisitions and sales. He has been involved in debt and equity financings by way of private or public offerings in Canada and the United States, acting on behalf of issuers and underwriters. He has acted in various transactions for the purchase or sale of businesses as well as in mergers and reorganizations. He also has a solid background in finance and accounting, having practised in the areas of accounting, finance and management consulting with a firm of chartered accountants for several years. Mr. Millette also holds the designations of Chartered Accountant (CA) and Chartered Financial Analyst (CFA).
Selected client work
Mr. Millette acted recently for the following clients:
· Various reporting issuers including Æterna Zentaris, Bombardier, Domtar, Groupe Aeroplan, Opmedic Group, Quebecor, RONA and TVA Group in connection with a variety of public disclosure and securities law matters
· OPMEDIC Group Inc. and the selling shareholders in an underwritten private placement of new common shares for proceeds of C$2.1 million and a concurrent underwritten secondary offering private placement of common shares for proceeds of approximately C$1.9 million sold by the three founding doctors of OPMEDIC Group (2009)
· The underwriters in connection with Power Financial Corporation's issuance of 6 million Non-Cumulative First Preferred Shares by way of a prospectus supplement to its base shelf prospectus for gross proceeds of C$150 million (2009)
· A syndicate of agents led by Scotia Capital Inc. in Trans Québec & Maritimes Pipeline Inc.'s issuance of C$75 million of Series K Bonds offered and sold on a private placement basis by TQM Pipeline and Company, Limited Partnership (2009)
· Videotron Ltd. in connection with the institutional private placement in the United States and Canada of 9% Senior Notes due 2018 in an aggregate principal amount of US$260 million (2009)
· Acklands-Grainger Inc., Canada's largest distributor of industrial, safety and fastener supplies, in its acquisition of substantially all the assets of Excel F.I.G., a regional distributor of industrial supplies in the Province of Quebec (2008), the assets of K&D Pratt Group's Industrial Division, a distributor of industrial and safety products with facilities in Dartmouth, Nova Scotia; St. John's, Newfoundland; and Saint John, New Brunswick (2009), the assets of Ranson Industrial and Safety Supplies Inc., a distributor of industrial and safety products with facilities in Sarnia, Ontario, (2010) and Solus Sécurité Inc., a leading fire protection and safety distributor in Quebec (2010)
· McKesson Canada in the acquisition of Patient Direct Group and Specialized Health Care Corporation, an Oakville, Ontario-based specialty and biological drug distribution, patient support and direct-to-patient drug dispensing business (2010)
· Domtar, the largest integrated manufacturer and marketer of uncoated freesheet paper in North America and the second largest in the world based on production capacity, in connection with the sale of its forest products business to EACOM Timber Corporation for approximately C$126.5 million (2010)
· Groupe Aeroplan, the global leader in loyalty management, in its acquisition of Carlson Marketing, an international loyalty marketing services, engagement and events management provider headquartered in the United States, from Carlson Companies for a net purchase price of US$175.3 million, subject to certain adjustments, creating the world's leading loyalty management provider (2009)
· Garda in its acquisition of Sec-Pro, a major Quebec-based security guard company, for a purchase price of C$6.85 million (2006) and of ATI Systems International, the third-largest US cash handling services provider, for a purchase price of C$393 million (2007) and the sale of its US and Mexico guarding operations to Andrews International for a total cash consideration of US$44.3 million (2009)
Memberships and activities
· Canadian Bar Association
· Canadian Institute of Chartered Accountants
· Ordre des comptables agréés du Québec
· CFA Institute