Mohawk Medical Properties Real Estate Investment Trust and Mohawk Medical Operating Partnership (I) LP (collectively, "Mohawk") have been acquired by a wholly owned subsidiary of Invesque, Inc. ("Invesque"; TSX MKT: IVQ.U). The transaction involved the exchange of the outstanding Class A Units and Class A, Series 2 Units for common shares of Invesque through a plan of arrangement involving, Mohawk, Invesque and the holders of the Units (the "Unitholders"). The transaction was approved by more than 98% of the Unitholders. A final order of the Court of Queen's Bench of Alberta, Canada was then received prior to the transaction's closing in May 2018.
Duff & Phelps served as independent financial advisor to Mohawk and the respective Boards of the REIT and the Partnership to determine the fairness of the consideration to be received by the Unitholders and assisted Mohawk with the Information Circular filed with the Court. Dentons LLP served as legal advisor to Mohawk.
Prior to the transaction, Mohawk was a Toronto, Canada-based REIT owning and operating 14 multi-tenant medical office properties in Canada and the United States. Mohawk was formed in 2012 by Andrew Shapack and Sean Nakamoto, veterans of GT Canada Medical Properties REIT, Northwest Healthcare Properties and TD Securities Real Estate. The firm engaged in acquisition, property management and asset management of medical office buildings.
Invesque, Inc. is a healthcare real estate company operating a growing portfolio of senior living, long term care facilities and, with the strategic acquisition of Mohawk, medical office properties in the U.S. and Canada.
Comprehensive support throughout mergers and acquisitions and other corporate finance transactions.
Fairness and Solvency Opinions
Fulfill your fiduciary responsibilities when considering many corporate transactions.
Transaction Advisory Services
Enable buyers, sellers and lenders to maximize value throughout the transaction process.
Financial Sponsor Group
Dedicated coverage and access to M&A deal-flow for financial sponsors.
Distressed M&A and Special Situations
Financial and operational solutions for distressed and special situations.
Private Capital Markets
Senior, subordinated and mezzanine debt and venture/private equity for a wide range of transactions.
Middle-market M&A advisory differentiated by industry expertise and superior execution.
has agreed to acquire
has agreed to acquire
Leading provider of charging solutions for electric vehicles
has sold the assets of
a portfolio company of
has been acquired by
has entered into an agreement to sell its Life Sciences division to
Duff & Phelps Advised Cristian Lay on its acquisition of Grupo Gallardo to KKR on the standstill agreement between all lenders, assist with cash management, financial due diligence and operational due diligence.
has completed a debt for equity exchange as part of a restructuring transaction
Global Telco Infrastructure Update – Q4 2020
Duff & Phelps Recommended U.S. Equity Risk Premium Decreased from 6.0% to 5.5%, Effective December 9, 2020
North American Industry Market Multiples (As of September 30, 2020)
European Industry Market Multiples (As of September 30, 2020)
Duff & Phelps Announces CEO Transition
Duff & Phelps Strengthens German M&A Advisory Practice With the Appointment of Frank Bretag
Duff & Phelps Strengthens Transaction Advisory Services Practice with Appointment of New Managing Director
Professional Golfers’ Future Career Value Driven by Younger, More Global Field, Duff & Phelps Study Finds