MDA acquired by a Canadian-led consortium of equity investors for CAD$1 billion

April 8, 2020

On April 8, 2020, MDA, Canada’s largest space technology developer and manufacturer, announced its sale transaction by Maxar Technologies (NYSE:MAXR; TSX:MAXR) to an investment consortium led by Toronto-based investment firm Northern Private Capital (NPC), for CAD$1 billion financed with a combination of equity and debt.  The equity investors comprised NPC and certain of its limited partners, as well as several leading investors including Bulldog Capital Partners, among other firms.

Miller Thomson advised Bulldog Capital Partners in the transaction with a team led by Ryan Done (Corporate/M&A).