On May 22, 2020, in the context of a secondary offering on a private placement bought deal basis to a syndicate of underwriters comprised of National Bank Financial and Desjardins Securities Inc., Mr. Claude Bigras (President and CEO of GDI Integrated Facilities Inc.) and Gestion Claude Bigras Inc. sold an aggregate of 586,010 subordinate voting shares in the share capital of GDI at a price of $30.50 per share for aggregate gross proceeds of $17,324,305.
GDI is a Montreal-based janitorial service provider which offers a range of commercial cleaning services and other complementary services such as mechanical maintenance services, damage restoration services, and providing janitorial and sanitation supplies to owners or managers of large property portfolios and large specialized facilities in Canada and the United States. GDI's services are used by the majority of the largest multi-property owners or managers in Canada and is increasing in the United States.
Fasken represented the syndicate of underwriters with a team led by Jean Michel Lapierre, including Guillaume Saliah, Alexandra Freedman and Paul Khoury (corporate/securities).
