Forum Acquires Justice P3 Projects from Brookfield Infrastructure
Forum Equity Partners reached financial close of its acquisition of Brookfield Infrastructure Partners L.P.'s interests in the Quinte Consolidated Courthouse and the Surrey Pretrial Services Centre Expansion projects. As part of this $200 million transaction, Forum also acquired the asset management rights to each design-build-finance-maintain project.
The Quinte Consolidated Courthouse is a 171,446-square foot, six-storey complex located in Belleville, Ontario and the Surrey Pretrial Services Centre, which underwent a 139,930-square foot, 216-cell expansion as well as renovations to the existing pretrial centre, is British Columbia’s largest correctional facility.
A&B represented Forum with a team led by Douglas Younger that included Heidi Visser, Don West, Trevor deBoer, Jesse Rosensweet and articling students Aaron Bains and David Brattan.