Transaction Announcement - SMS Machine Tools Limited

Etobicoke, ON: Distinct Capital Partners Inc. is pleased to announce the acquisition of its client, SMS Machine Tools Limited (“SMS” or the “Company”) by Massey Capital.

Established in 1943, SMS is recognized as an industry leading distributor and servicer of CNC machines and tools in Ontario and Quebec. The Company represents a number of leading manufacturers and specializes in the distribution of cutting-edge machine tools with customized applications to the automotive, aviation, flow control, medical and telecommunication sectors. SMS provides a one-stop shop to its customers and offers installation, repair and maintenance service support, equipment training seminars, application checkups, financing and a large inventory of replacement parts. 

Distinct Capital Partners Inc. was engaged by the shareholders of SMS to source a purchaser for the Company. Distinct Capital identified Massey Capital as the ideal purchaser to ensure the continuation of the Collison legacy built by three generations of the family over the past 79 years. Pursuant to its mandate, Distinct Capital also assisted with the due diligence and negotiations to successfully complete the transaction. For more information see the press release.