Date closed: 5/13/2105 

Value: C$14.37 million

On May 13, 2015, Savaria Corporation (the Company) completed a bought deal private placement of 2,875,000 common shares of the Company at a price of $5.00 per share, for gross proceeds of $14,375,000, including exercise of the underwriters' option.

The offering was made through a syndicate of underwriters led by Cormark Securities Inc., and included PI Financial Corp., National Bank Financial Inc. and Laurentian Bank Securities Inc.

BLG represented the underwriters with a team led by Philippe Tardif that included Linda Tu and Colin Cameron-Vendrig.