On July 6, 2000, EXFO Electro-Optical Engineering Inc. closed its initial public offering in Canada and in the United States relating to the issue and sale of Subordinate Voting Shares, raising approximately $310 million.
Based in Ste-Foy, Québec, EXFO designs, manufactures and markets fiber-optic test, measurement, and monitoring instruments for the telecommunications industry.
EXFO was advised in this transaction by a team from Fasken Martineau including, among others, Robert Paré, Peter Villani, François Duchesneau, Jean-François Hébert and Frédéric Boucher.