​Natixis Global Asset Management completes C$35 million acquisition of NexGen Financial Corporation

Value: C$35 million

Closing date: 12/22/2014

On December 22, 2014, Natixis Global Asset Management (Natixis) and NexGen Financial Corporation (NexGen) completed a statutory plan of arrangement whereby a wholly-owned subsidiary of Natixis indirectly acquired all of the outstanding common shares of NexGen for consideration consisting of C$7.25 cash per common share, for a transaction value of approximately C$35 million.

NexGen, headquartered in Toronto, Ontario, is an asset manager with more than C$919 million in assets under management.

Natixis, headquartered in Paris and Boston, manages more than $930 billion in assets through its global affiliates.

 BLG represented Natixis Global Asset Management, L.P. with a team led by John E. Hall and Philippe Tardif, that included Paul A. D. Mingay, Habeeb Syed, Neda Bizzotto, Erin Seed and Andrew McLean (corporate/securities), Jeffrey Graham (banking regulatory), Carol Derk (derivatives), Stephen J. Fyfe and Craig J. Webster (tax), Jennifer Fantini (employment) and Caitlin R. Sainsbury (advocacy).