U.S. private equity houses are eyeing Canadian businesses, says Matthew Cockburn in National

June 01, 2007

Private equity megadeals are grabbing headlines in Canada and fuelling a vibrant M&A marketplace. For lawyers who facilitate deal-making, these are boom times.

Bolstered by a strong economy, low interest rates and inflation, and willing lenders, M&A activity in this country hit record levels in 2006. So far, there is little reason to doubt that the trend will continue in 2007.

"When KKR did the Yellow Pages deal, that really opened up private equity's eyes to the fact that there are a lot of good businesses in Canada – and less competition for them," says Matthew Cockburn.

As a familiar, stable and legally compatible market in close proximity, Canada is a promising destination for U.S. private equity looking for targets.

Read the full article here.

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