Minority shareholder in connection with the strategic acquisition of a leading elevator and solar energy installation and maintenance firm pursuant to a shotgun right

Counsel to the purchaser/minority shareholder with respect to its acquisition of a leading elevator and solar energy installation and maintenance firm pursuant to a shotgun right

Led by

Team Members

On April 1, 2025, the shareholders of a leading Canadian elevator and solar energy installation and maintenance firm, completed a shotgun buy/sell transaction pursuant to the terms of an existing shareholders’ agreement. The transaction resulted in 100% of the ownership and control of the business being acquired by the purchasing shareholder following a strategically initiated offer under the shotgun clause.

Miller Thomson advised the purchaser / minority shareholder with a team comprised of Jonathan Lin and Kelsey Vicary (Corporate/M&A), Brian Whitwham (Litigation), and Megan Kocher (Corporate Clerk).