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Martin Racicot, Partner | Banking & Finance

Martin Racicot

Partner Fasken
Even before negotiations get under way for a financing, loan or credit agreement, the company’s operating constraints and needs should be identified to determine the type of lender to approach.
Jurisdiction Québec, 2000
Language(s) French, English
Office(s) Montréal
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Overview

Martin is a lawyer practising in the area of banking and finance with a focus on Acquisition Financings. He regularly represents major Canadian private equity firms and is well versed in identifying trends in acquisition financing documentation. Martin is also deeply involved in representing major Canadian Arrangers and Underwriters in syndicated transactions.

He is also heavily involved in continuing education. As such, from 2017 to 2023 he led the American Bar Association’s Commercial Finance Syndications and Lender Relations Subcommittee, first as Vice Chair and then as Chair. He is a member of the Commercial Finance Programs Committee of the American Bar Association, and is a Fellow and Regent of the American College of Commercial Finance Lawyers. 

Martin is also the proud father to two young children, the oldest of whom is on the autistic spectrum, which has led Martin to involve himself in the community to be a voice and an ally for neurodivergent individuals. As such, he has been involved as a director of MAIH (Montreal Association for the Intellectually Handicapped) for the past 5 years.

Achievements

  • Recognized as a Thomson Reuters Stand-out Lawyer, Thomson Reuters stand-out lawyers 2026
  • Recognized in Project Finance Law in Montreal, The Best Lawyers in Canada 2020 to 2026
  • Recognized in Structured Finance Law by in Montreal, The Best Lawyers in Canada 2019 to 2026
  • Recognized in Banking and Finance Law in Montreal, The Best Lawyers in Canada 2017 to 2026
  • Recognized in the Canadian Legal Lexpert Directory in the area of Banking & Financial Institutions and in Project Finance, Lexpert 2014 to 2025
  • Recognized as a Thomson Reuters Stand-out Lawyer (formerly known as Acritas Star™ lawyer), Thomson Reuters stand-out lawyers 2024
  • Recognized in the Canadian Legal Lexpert Directory in Project Finance, Lexpert 2022 to 2023
  • Recognized as a Thomson Reuters Stand-out Lawyer (formerly known as Acritas Star™ lawyer), Thomson Reuters stand-out lawyers 2022 to 2023
  • Named in Acritas Stars, Thomson Reuters 2017 to 2019
  • Recognized by Lexpert in the 2017 Guide to the Leading US/Canada Corporate Lawyers in Canada in the area of Banking and Financial Institutions, Lexpert 2017
Ranking Block for Thomson Reuters Thomson Reuters Named in Acritas Stars

Experience

  • Novacap Financial Services completes its first continuation vehicle, [Deal - Novacap Financial Services], First continuation vehicle for Novacap Financial Services.
  • Novacap acquired Consilium Insurance, [Deal - Novacap], Acquisition of Consilium Insurance by Novacap.
  • Novacap supported Nuvei’s privatization by Advent, valued at US$6.3 billion, alongside Philip Fayer and CDPQ, [Deal - Novacap], Nuvei announced a going-private transaction valued at US$6.3 billion with Advent, alongside Philip Fayer, Novacap and CDPQ.
  • Novacap announced successful exit from AGA Benefit Solutions, [Deal - AGA Financial Group Inc.], Sale of AGA Benefit Solutions by Novacap Financial Services and other vendors.
  • Montreal Mini-Storage secures $185 million in financing, [Deal - Montreal Mini-Storage], Credit facility of $185 million for Montreal Mini-Storage.
  • European Bank for Reconstruction and Development (EBRD)/Zgounder mine expansion, [Deal - European Bank for Reconstruction and Development], Fasken acted for EBRD on the US$100 million project financing facility to Aya Gold for the upgrade and expansion of the Zgounder silver mine in Morocco. Funds were sourced both from EBRD (US$92 million) and Climate Investment Funds, through its Clean Technology Fund (CTF) (US$8 million).
  • Novacap acquired all of the issued and outstanding shares of Multy Home and Multy Home Europe as well as all of the issued and outstanding limited partnership interests of Multy Home Limited Partnership, [Deal - Novacap], Novacap acquires new cross-border partnership.
  • Novacap acquires controlling interest in Globe Electric, [Deal - Novacap], Novacap, a leading Canadian private equity firm, acquires an interest in Globe Electric.
  • eStruxture finalizes the acquisition of the Canadian data center business from Aptum Technologies and enters into a credit facility with Deutsche Bank Credit Solutions and Direct Lending, [Deal - eStruxture Data Centers Inc.], Digital Colony sells Aptum Technologies’ all eight Canadian data centers to eStruxture.

Career & Education

Education

  • LLB University of Montreal
  • Post Graduate Diploma, Communications Concordia University
  • BBA, Operational and Production Management/Applied Economics École des Hautes Études Commerciales

Memberships & Affiliations

  • Member, The Advisory Board (Finance) of Practical Law (Canada) (since 2017)
  • Member of the Board of Directors of the Montreal Association for the Intellectually Handicapped (MAIH) (since 2018)
  • ­ Member, Québec Bar
  • ­ Member, Bar of Montréal
  • ­ Member, Canadian Bar Association 

Knowledge

Events

  • Business and Legal Roundtable: Updates and Trends for the Canadian Market - COVID-19 and Beyond, 5/27/2020
  • What’s new: Securities on monetary claims and in favour of a hypothecary representative, 5/25/2016

News

  • Martin Racicot Admitted to the American College of Commercial Finance Lawyers, 4/20/2023
  • Droit-inc.com mentions seven Fasken lawyers in an article on the Novacap transaction, 10/7/2020
  • Novacap Awarded Canadian Private Equity Summit Awards 2019 Deal of the Year for its successful sale of Knowlton Development Corporation, 11/21/2019
  • Fasken Wins Labour and Employment Law Firm of the Year in the 2019 Best Lawyers in Canada Guide, 8/21/2018
  • The 2018 Canadian Legal Lexpert Directory recognizes 200 Fasken lawyers, 4/12/2018
  • Fasken Martineau Wins Mining Law Firm of the Year in the 2018 edition of Best Lawyers in Canada Guide, 8/22/2017
  • Solid results from The Best Lawyers in Canada 2017 as Fasken Martineau increases its “Lawyers of the Year”, 8/10/2016
  • 2015 Lexpert directory recommends 158 Fasken Martineau Lawyers, 6/25/2015
  • Fasken Martineau’s ranked lawyers jumped by 16% - 140 lawyers listed in the 2014 Canadian Legal Lexpert Directory, 6/25/2014

Speaking Engagements

  • Subcommittee Meetings and Programs | Recurring Revenue Loans, 9/8/2023
  • Subcommittee Meetings and Programs | Intercreditor Issues in Financing Transactions, 4/28/2023
  • Subcommittee Meetings and Programs | Loan Trading Issues in Syndicated Loan Transactions, 9/16/2022
  • Subcommittee Meetings and Programs | The Loan Product in the SOFR World, 4/1/2022
  • Subcommittee Meetings and Programs | Borrower Issues with Libor Transition, 3/31/2022
  • Subcommittee Meetings and Programs | Sustainability-Linked Loans, 9/23/2021
  • Subcommittee Meetings and Programs | Latest Trends in the Middle Market Credit Space, 4/20/2021
  • Subcommittee Meetings and Programs | The Impact of COVID-19 on the Loan Market – From the Lender and Borrower Perspective, 5/14/2020
  • Subcommittee Meetings and Programs | US Tax Reform: Revisiting the Impact on Leveraged Finance, 9/13/2019
  • Subcommittee Meetings and Programs | U.S. Sanctions Issues in Lending Transactions, 3/29/2019
Chair Subcommittee Meetings and Programs | Recurring Revenue Loans American Bar Association’s Commercial Finance Syndications and Lender Relations Subcommittee
Chair Subcommittee Meetings and Programs | Intercreditor Issues in Financing Transactions American Bar Association’s Commercial Finance Syndications and Lender Relations Subcommittee
Chair Subcommittee Meetings and Programs | Loan Trading Issues in Syndicated Loan Transactions