Novacap II purchases of a majority stake in Adrien Gagnon for US$53.95 million

Mtre Chaurette was involved in the 2004 purchase of a majority stake in Adrien Gagnon Inc. on behalf of Novacap II, Limited Partnership, including a financing package and tax scheme, and in the resale of Adrien Gagnon Inc. to Chinese interests in 2006. The transaction received the 2005 ' Deal of the Year' Award from Canada's Venture Capital & Private Equity Association. Adrien Gagnon Inc. is a well known Canadian manufacturer and distributor of natural food products. The sale was made for a total purchase price of $53.95 million.