Ted Maduri

Partner

Co-chair, Canadian Corporate Group

About

Ted acts as external general counsel for some of Canada's fastest-growing emerging companies assisting with day-to-day commercial arrangements to mission critical transactions. 

Ted spends most of his time advising on mergers, acquisitions and sale transactions, particularly cross-border or multi-jurisdictional M&A. He also regularly assists with equity or debt financings, RTOs/going public transactions, partnerships and joint ventures. Ted acts for emerging companies with all aspects of their startup plan and tax planning structuring and reorganization. Finally Ted has a great deal of experience working on long-term mission critical outsourcing IT transactions, as well as assisting foreign corporations with all aspects of their plans to expand to Canada. Ted is a regular contributor to our Growing your Canadian business series.

Ted is head of the firm's Corporate group and a member of the firm's Emerging Growth and Venture Capital Leadership group.

Bar admissionsOntario, 2001

EXPERIENCE

RECENT SELL-SIDE MANDATES
  • Acted for Alessa Corporation in its sale of all of the assets of Satuit Technology. 
  • Acted on the sale of a Quebec Tim Hortons franchise system.
  • Acted for Exactatherm Limited in the sale of all of its business to Metex Corporation. 
  • Acted for Tier1CRM Inc. in the sale of Tier1’s ‎Customer Relationship Management ‎business and related assets to SS&C Technologies Holdings, Inc. 
  • Acted for the sellers of a major Canadian marina network by a Canadian search fund.
  • Acted for the owners of Brightworks Interactive Marketing Inc. in the acquisition by Venture Communications Ltd. as funded by CBGF.
  • Acted for the owners of Zync Communications in the acquisition by Venture Communications Ltd. as funded by CBGF.
  • Acted for the Founders/Sellers of Probenefits Consulting and ProTPA to Navacord Corp.‎
  • Acted for the Founders/Sellers of Globalfaces Direct Inc. in its acquisition by CPS Capital.‎ 
  • Acted for the Founders/Sellers of Globalfaces Direct Inc. in the roll-in of various direct marketing ‎agencies.‎
  • Acted as Canadian counsel for Sellers of US diversified manufacturer, including all of its Canadian ‎subsidiaries, for approximately USD$110M.‎
  • Acted for LDC (Managers) Ltd. in sale of Digital Chaos Sports, Inc., an Atlanta-based eSports ‎organization to GG Corp, a Canadian corporation.‎
  • Acted for Founders/Sellers of Bloomera in its sale to RavenQuest BioMed Inc.‎
  • Acted for Lockheed Martin in the Canadian reorganization of its IS&GS business as part of its sale to ‎Leidos ($5 billion).‎ 
RECENT BUY-SIDE MANDATES
  • Acted for Legrand in its acquisition of Power Bus Way.
  • Acted for global medical technology company Haemonetics Corp. in USD $255 million acquisition of Canadian medical device maker OpSens, Inc. 
  • Acting for Global software company Nuix in its acquisition of Rampiva, a workflow automation and job scheduling software provider.
  • Acted on the purchase of a Quebec Tim Hortons franchise system. 
  • Acted for Terra Millennium Corporation on the purchase of the shares of Jayne Industries. 
  • Acted for Ecolab Inc., through its Nalco Water subsidiary, in its acquisition of Flottec LLC
  • Acted for AES Engineering Limited in the acquisition of VibTech Analysis Ltd.,JAtech Services and Performance Compression and Sealing Inc.
  • Acted for Shiphero in its acquisition of a Canadian fulfilment company.
  • Acted for Namecheap in acquisition of Stencil.
  • Acted for GMP Contracting in acquisition of Provincial Underground.
  • Acted for a Canadian investment group in its acquisition of a group of franchises 
  • Acting for Leavitt Machinery/Venturis Capital in various acquisitions.
  • Acted for Webjet Limited in the acquisition of Trip Ninja Inc.
  • Acted as Canadian counsel to Centroid Investment Partners in its agreement to acquire TaylorMade Golf Company.
  • Acted for Tier1 Financial Solutions‎‎ on its acquisition of Satuit Technologies, Inc. 
  • Acted for Tier1 Financial Solutions‎‎ on its acquisition of Alessa.‎
  • Acted for Grenco Science in cross-border transaction with Vapium Incorporated.‎
  • Acted for AppLovin Corporation in its purchase of Clipwire Games Inc.‎
  • Acted for Marchex, Inc. in the acquisition of issued and outstanding shares of Telmetrics Inc.‎
  • Acted for Airbus Group in the acquisition of Navtech, Inc.‎
RECENT FINANCING TRANSACTIONS 
  • Acted for Bond Brand Loyalty in its strategic investment from Mountaingate Capital.
  • Acted for Questa ‎Capital in its USD $12.5 million Series B funding of ACTO Technologies Inc.
  • Acted Questa Capital in its USD $16 million Series A funding of PocketHealth.
  • Acted for FinTech Collective, LLC in its investment into Canadian financial data services company, CapIntel Inc. 
  • Acted for Tier1 Solutions in its Series B financing round.
  • Acted for US VC firm in its Series A investment in a Canadian security firm.
  • Acted for a Canadian group in its investment in a Canadian licensed producer.
  • Acted for investor Mouro Capital (formerly Santander Fintech) in $476 million Series D funding round for Trulioo Information Services Inc.
  • Acted for co-lead investor in Acerta Series A financing.‎‎
  • Acted for a major investor in Series B funding of AI chatbot provider Ada Support.‎
  • Acted for lead investor in Series D offering by Arctic Wolf Networks, Inc. ‎
  • Acting for investor providing growth capital to Canadian aerospace company. ‎
  • Acted as counsel to New Student Centre Corporation as borrower and York Student Centre Incorporated ‎as guarantor in a $44.5 million dollar financing by Canada Life which leveraged a referendum-approved ‎student levy, all for the construction of a new Student Centre at York University‎.‎
RECENT CANNABIS TRANSACTIONS
  • Acted for lead investor in ‎non-brokered private placement of convertible debenture ‎units‎ by The Flowr ‎Corporation.‎
  • Acted for Grenco Science in cross-border transaction with Vapium Incorporated.‎
  • Acted for Newstrike Brands Ltd. in a share purchase agreement for minority interest in Neal Brothers ‎Brands Inc. and joint venture agreement.‎
  • Acted for The Flowr Corporation in reverse take-over transaction of The Needle Capital Corp.‎
  • Acted for UP Cannabis, a Licensed Producer under the ACMPR, in its going public transaction (RTO) ‎with Newstrike Resources Ltd.‎
  • Acted for UP Cannabis in its acquisition of Enderlein Nurseries, an applicant to become a Licensed ‎Producer under the ACMPR.‎
  • Acted as counsel to participant in joint venture (vape pen manufacturer).‎
  • Acted for Newstrike Brands Ltd. on a bought deal short form prospectus offering of units for gross ‎proceeds of $51.8 million.‎
  • Acted for The Flowr Corporation in connection with $66 million in non-brokered and brokered private ‎placements.‎
  • Acted for The Flowr Corporation in connection with its strategic R&D alliance with Hawthorne Canada ‎Ltd.‎
  • Acted for UP Cannabis, a Licensed Producer under the ACMPR, in its licensing deal with The Tragically ‎Hip.‎
Languages
  • English
Education
  • LL.B., University of Toronto, 1999 
  • B.Comm., Minor in International Justice and Human Rights (Honours, Summa Cum Laude, Valedictorian), McMaster University, 1996 

Awards

  • Canadian Legal Lexpert® Directory (Corporate Mid-Market), 2023-2024; (Corporate Commercial), 2024
  • The Legal 500 Canada (Cannabis), 2020; (Corporate and M&A), 2019-2025
  • Lexology Legal Influencers Q4 2020 (Corporate - Canada)
  • Listed in Lexpert Special Edition: Technology and Health Sciences, 2023-2024

Pro Bono

Ted Maduri is a member of DLA Piper’s North American Pro Bono Committee and regularly provides pro bono legal assistance to non-profits, including the Tamil Community Centre, Black Lives Matter Canada, Muskoka Highlands Academy, 24 Good Deeds and Lebnet. Ted is the firm's principal contact and an active participant with Pro Bono Law Ontario, which helps connect Ontarians who can’t afford a lawyer with free legal advice.

Publications

  • Co-author, Guide to Going Global Corporate, Canada section, 2021 and 2023
  • Co-author, "Establishing a Business in Canada (Federal)", Practical Law, Thomson Reuters, February 2015
  • Co-author, "The Right Price is Only the Beginning", The Lawyers Weekly, July 2014
  • Co-author, "Tighten up on that service provider agreement", The Lawyers Weekly, April 2014
  • Co-author, "How to Sell Your Business", BC Business Magazine, July 2013

Seminars

SPEAKING ENGAGEMENTS
  • Speaker, "Structuring and Financing Inter-Family Business Succession", Buying or Selling a Business 2020, Law Society of Ontario, March 4, 2020 
  • Podcast, "Incorporation & Corporate Structure Planning with Ted Maduri", Financial Planning for Canadian Business Owners, jasonpereira.ca, February 13, 2020 
  • Chair, The Six-Minute Business Lawyer 2019, The Law Society of Upper Canada, 2019
  • Chair, The Six-Minute Business Lawyer 2018, The Law Society of Upper Canada, June 4, 2018
  • Co-Chair, The Six-Minute Business Lawyer 2017, The Law Society of Upper Canada, June 13, 2017
  • Speaker, "Entrepreneurship 101: Negotiations", MaRS Entrepreneurship Course, February 2015
  • Speaker, "Drafting the Agreement: Best Approaches to Working Capital, Earn Out, and Other Specialty Purchase Price Clauses", The Law Society of Upper Canada CPD Program, March 2014
  • Speaker, "Legal Aspects of Financing and SMEs", HalTech, January 2014
  • Speaker, "Foundations in Entrepreneurial Management: Start-Up Law", University of Toronto School of Continuing Studies: Certificate in Entrepreneurship, January 2014
  • Speaker, "Non-Disclosure Agreements", Law Society of Upper Canada: The Six-Minute Business Lawyer Program, June 2012
  • Speaker, "Checklist for Ensuring that your Company gets Paid", Law Society of Upper Canada: The Six-Minute Business Lawyer Program, June 2011

Other Activities

  • President, Muskoka United Football Club
  • President, Huntsville Soccer Club

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