Gregg employees will retain a meaningful ownership stake
Davies is acting for Brookfield in its acquisition and related financing of Gregg Distributors, a leading industrial MRO distributor in Western Canada, in a transaction valuing the business at approximately C$1.6 billion.
Founded in 1968 and headquartered in Edmonton, Alberta, Gregg Distributors serves a diversified base of industrial customers across Western Canada. The transaction is expected to close by the end of 2026, subject to customary closing conditions and regulatory approvals.
The Davies team advising on the transaction includes Kevin Greenspoon, Patrick Barry, Jonas Farovitch, Evan Stein, Victoria Li and Natasha Burman (Private M&A/Private Equity); Chris Anderson and Marc André Gaudreau Duval (Tax); Scott Hyman, Jennifer Prieto, Stephen Dalby, Bryan Yau and Ethan Birbrager (Finance); Jason Stapley and Helin Tasdemir (Real Estate); Shari Cohen and Jessie Cartoon (Employment); Max Jarvie, Nikita Stepin and Gabriel Boulianne Gobeil (Privacy/IP/Technology); Jim Dinning and Teraleigh Stevenson (Competition); Alexandria Pike and Zachary Silver (Environment); and Ray Rubin (Trusts).