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Ally Bharmal, Partner | Corporate/Commercial

Ally Bharmal, ICD.D *

Partner | Corporate/Commercial Fasken
My goal is to be a trusted advisor for clients, and to help them negotiate and close the key transactions that will help take their businesses to the next level.
Jurisdiction British Columbia, 2009
Language(s) English
Office(s) Vancouver
Contact
*Law Corporation
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Overview

Ally Bharmal is a corporate finance, mergers and acquisitions, private equity, corporate/commercial and board governance Partner based in the Vancouver office.  Ally works with clients across the business life-cycle; from start-up and incorporation matters, seed and growth stage financing, to complex M&A, strategic investment, venture capital and private equity transactions.

Ally has extensive experience in the technology industry, and the food, beverage and agribusiness industry, and co-leads the firm’s national food and beverage group. He is actively involved in the sectors in which he practices, and understands the industries in which clients operate. Prior to becoming a lawyer, Ally completed his Computing Science degree and worked for various technology companies, including TELUS.

Ally has advised his clients on many of Canada’s leading transactions in the technology and food and beverage industries, and has won awards for his M&A work. Representative transactions include Galvanize’s $1 billion sale to Diligent, SmartSweets’ majority exit to TPG Growth (ACG 2020 deal of the year) and Daiya Foods’ $405 million sale to Otsuka (ACG 2017 deal of the year).

He has notable experience in Board governance matters, and holds an ICD.D designation from the Institute of Corporate Directors. On the corporate side, he currently serves as Corporate Secretary for Unbounce Marketing Solutions and Daiya Foods, and as a Board Advisor for DeeBee’s Organics. On the non-profit side, he currently serves as a Director of the Canadian Food Innovation Network and TiE Vancouver. Ally’s past Board roles include several years with the Ismaili Councils for British Columbia and Canada, the BC Food and Beverage Association, Kids Up Front Vancouver and the BC Children’s Hospital Night of Miracles Cabinet.

Ally received Lexpert’s Leading Lawyers under 40 Award in 2018, and is ranked by Chambers Canada, Lexpert, Best Lawyers and IFLR1000 as, among other areas, a leading lawyer in the areas of Startups and Emerging Companies, Corporate/Commercial Law, Mergers and Acquisitions, Technology Law, and Corporate Finance and Securities.

Achievements

Client Work

  • Copperleaf acquired by IFS for C$1 billion, [Deal - Copperleaf Technologies Inc.], $1 billion CAD acquisition in Technology industry
  • Fox Fold Products in its growth financing round, [Deal - Fox Fold Products Inc], Approximately US$1.5M raised in growth funding round
  • Miura acquires Cleaver-Brooks, [Deal - Miura Co., Ltd.], Private M&A deal
  • Save da Sea Foods secures C$650,000 convertible note financing, [Case - Save da Sea Foods Inc.], Victoria-based foodtech startup looks to scale distribution of its plant-based seafood products
  • Coho Collective Kitchens announces agreement to acquire Purebread, [Deal - Coho Collective Kitchens Inc.], Canada’s largest shared kitchen space operator announces acquisition of local BC bakery chain.
  • Guard RFID Solutions Acquired by HID Global Corporation, a subsidiary of ASSA ABLOY AB, [Deal - Guard RFID Solutions Inc], HID Global Corporation completes acquisition of Guard RFID Solutions, to expand healthcare offering.
  • Norwest Venture Partners on its investment in GeoComply Solutions Inc., [Deal - Norwest Venture Partners], Norwest Venture Partners XVI, LP acquired a minority investment of the issued and outstanding Class A Common shares in the capital of GeoComply Solutions Inc.
  • Playground Global in its U$16 million Series A funding of Ideon Technologies, a global pioneer in high-resolution subsurface imaging for the mining industry, [Deal - Playground Global LLC], Ideon Technologies secures US $16M Series A led by Playground Global.
  • Coho Collective Kitchens Inc. completes IPO and listing on TSX Venture Exchange, [Deal - Coho Collective Kitchens Inc.], Coho completes listing on TSX Venture Exchange and closes initial public offering for gross proceeds of C$5 million.

Career & Education

Education

  • LLB University of British Columbia
  • BSc, Computing Science Simon Fraser University

Community involvement

  • Director Kids Up Front Vancouver 2013 to 2016
  • Cabinet Member A Night of Miracles Gala (benefiting BC Children's Hospital Foundation) 2013 to 2017
  • Member for Legal Matters Ismaili Council for Canada 2012 to 2019
  • Former Founder, Chairman and Director Let Kids Play Foundation 2008 to 2013
  • Speaker and Mentor Sumas Regional Consortium on High Tech SRCTec
  • Member for Legal Matters Ismaili Council for Canada
  • Charter Member, Director and President-Elect TiE Vancouver
  • Mentor World Trade Centre Vancouver's Trade Accelerator Program (TAP)
  • Director BC Food and Beverage Association

Memberships & Affiliations

Events

News

Publications

  • Intellectual Property: The Year 2008 in Review, 2/13/2009
  • Annotated British Columbia Business Corporations Act

Speaking Engagements

  • An Overview of the BC Food & Beverage Industry, 9/29/2020
  • Climbing the Ladder: Grow Your Small Business in Big Opportunity, 11/29/2018
  • Financing the Tech Start-up, 4/25/2018
Speaker An Overview of the BC Food & Beverage Industry World Trade Centre Trade Mission
Climbing the Ladder: Grow Your Small Business in Big Opportunity BC Food Processors Association location location Vancouver, BC
Course Chair Financing the Tech Start-up location location Vancouver, BC

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