Prateek Gupta
Partner
Experience
Prateek’s business law practice focuses on mergers and acquisitions, private equity, corporate governance, securities law and corporate finance including start-up company financing:
M&A
- Negotiating and drafting business combination agreements
- Managing both contested and uncontested take-over situations
- Domestic and cross-border share and asset acquisitions and divestitures
- Due Diligence
Private Equity
- Fund structuring for local and international investment funds
- Strategic private equity investments and dispositions
- Angel and seed investments for early-stage companies
- Strategic advice for entrepreneurial ventures and start-up enterprises
Corporate Governance
- Incorporation, formation of organization of business associations, including corporations and partnerships
- Formations of joint ventures
- Structuring and implementing corporate reorganizations
- Negotiating and drafting shareholder and governance agreements
- Shareholder disputes and activism
Securities and Corporate Finance
- Public debt and equity offerings
- Private placements
- TSX, CSE and TSX Venture Exchange Listings
- Compliance with securities regulatory requirements
Professional history:
Prior to his legal career, Prateek completed geological research in oil and gas exploration and freshwater management. Prateek r has also completed his LLM at the University College London, focusing his research on environmental governance of private equity funds. Prateek also has an entrepreneurial past and was identified as part of Canada's Next 36 Entrepreneurial Program.
Community Involvement:
Prateek is a member of the Young Professionals Committee of the Canadian Venture Capital Association and is active with the Federation of Asian Canadian Lawyers.
Prateek also serves as an instructor in the Continuing Education program at the University of Calgary, where he currently teaches BMC 112 Environmental Law.
Languages:
Prateek speaks Hindi and French
Professional involvement
Professional associations:
- Member, Law Society of Alberta
- Member, Canadian Bar Association
- Member, Calgary Bar Association
Representative work
Cenovus Energy hostile takeover of MEG Energy
Counsel to MEG Energy Corp. and its board of directors in its $8.6 billion acquisition by Cenovus Energy, which closed on November 13, 2025, following an unsolicited take-over bid from Strathcona Resources and strategic review process.
Counsel to Graham Group Ltd., in its acquisition of the Canadian assets and business of Rokstad Power
Counsel to Graham Group Ltd., a Calgary-based construction solutions company, in its acquisition of the Canadian assets and business of Rokstad Power (2018) Ltd. from its court-appointed receiver for CAD $20,000,000.00.
Buhler Industries Inc. private transaction
Counsel to Buhler Industries Inc., a Toronto Stock Exchange listed Canadian manufacturer of agricultural equipment, including Farm King and Versatile products, in a going private transaction that valued the company at CAD$182,500,000
Share purchase transaction
Counsel to PFL Field Services Canada Inc. on its acquisition of 50% of the outstanding common shares of Platinum Solutions Ltd.
Sale of Vesta Energy
Counsel to Vesta Energy Ltd. (approximately $700 million enterprise value) in its sale to Parallax Energy Operating Inc. by way of Plan of Arrangement.
Ricochet Acquisition Corp. Financing
Counsel to Ricochet Acquisition Corp. on its structured financing in connection with its acquisition of Ricochet Oil Inc. for an undisclosed amount.
Greenfire Resource Inc. on the Toronto Stock Exchange
Counsel to Greenfire Resources Inc. in its filing of a Canadian non-offering prospectus resulting in the listing of its common shares on the Toronto Stock Exchange.
CGF $200 million investment in Entropy
Counsel to Entropy Inc. and Advantage Energy Ltd. in connection with its strategic investment agreement with Canada Growth Fund Inc. (CGF) pursuant to which CGF agreed to make a direct investment of $200 million in Entropy, along with a 15-year fixed-price carbon credit purchase agreement of up to one million tonnes per annum.
Buhler Industries Acquisition
Counsel to Buhler Industries Inc., a leading Toronto Stock Exchange listed Canadian manufacturer of agricultural equipment, in the acquisition of a 97% interest in the company by ASKO Holding, a large publicly listed Turkish equipment manufacturer.
Strathcona Resources $757M acquisition of Pipestone Energy
Counsel to Waterous Energy Fund, as majority shareholder, in Strathcona Resources Ltd.’s C$757M acquisition of Pipestone Energy Corp.
Tartan Energy Group asset acquisition through BIA process
Counsel to Tartan Energy Group in its acquisition of assets from a private oilfield services company through a formal BIA process.
Stream Asset Financial $500M fund formation
Counsel to Stream Asset Financial in the funding of a new $500M fund, focused on structuring long-tenured credit and equity investments in midstream, energy infrastructure and oil & gas assets.
Zenith Energy international operations and strategic ventures
Counsel to Zenith Energy Ltd. in ongoing commercial and operational advice related to operations in Azerbaijan, and in the identification and evaluation of new business ventures.
Sparta Energy Inc. corporate and commercial matters
Counsel to Sparta Energy Inc., an electricity trading company, in its operations and transactions.
Sale of Lone Tree subsidiaries to CB Process ULC
Counsel to Lone Tree Inc. in its sale of Sego Canada Inc. and Southern Rewind Inc. to CB Process ULC
Osprey Holdings acquisition of CDN Controls Ltd.
Counsel to Osprey Holdings, LLC in its acquisition of CDN Controls Ltd., an oil and gas services company
Buffalo Taylor Limited Partnership fund formation and BC rail asset acquisition
Counsel to Buffalo Taylor Limited Partnership in its fund formation and acquisition of certain British Columbia rail assets
Sale of RoundLab Inc. to Vela Software Group
Counsel to the shareholders of RoundLab Inc., a geophysical software company, in its sale to the Vela Software Group.
Manifest Labs governance and financing transactions
Counsel to Manifest Labs, a construction-industry software company, in its corporate governance and financing events
Acquisition of Prolium Industries by shareholder group
Advised a group of shareholders in the acquisition of Prolium Industries, a storage tank maintenance company, by share purchase agreement
Bison Low Carbon Ventures financing transactions
Counsel for financing events of Bison Low Carbon Ventures
PFL Field Services acquisition of 50% of Platinum Solutions
Counsel to PFL Field Services in its acquisition of a 50% share of Platinum Solutions
Sunwest Aviation acquisition of Jet-Share
Counsel to Sunwest Aviation in its acquisition of Jet-Share
Saguaro Resources Ltd. sale of energy assets to Tourmaline Oil Corp.
Counsel to Saguaro Resources Ltd. in the sale of 50% of its assets in the Laprise-Conroy North Montney area of British Columbia to Tourmaline Oil Corp. for $205 million. The companies entered into a joint venture agreement to development the assets with Tourmaline operating the joint venture and related facilities
News
February 2, 2026
BD&P Welcomes Prateek Gupta to the Partnership
April 19, 2023