Home Hardware and Groupe Turcotte recently acquired home improvement retailer Patrick Morin, a Québec-based leader in the construction and renovation industry, founded in 1960.

Dentons represented Desjardins, National Accounts in this syndicated financing with a team comprised of Joel Cabelli, Marie-Josée Couture, Catherine Dostaler, Bin Zeng and Dominique Lévesque (Banking and Finance), and Mahsa Khoshbin and Antonina Roudavina (Real Estate). The security package included mortgages on more than 20 real estate properties.

"We are delighted to have accompanied Desjardins in this particularly complex and large-scale transaction. Our multidisciplinary team once again demonstrated its expertise, versatility and unparalleled speed. This is a testament to our lawyers' constant desire to provide the best possible legal services,” said Joel Cabelli, partner and head of the Banking and Finance group in Dentons' Montréal office.

This transaction was covered in the media by Canadian Contractor and Hardlines. To view the official press release issued on February 17, 2021, click here.

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