Completed Transactions
Etobicoke, ON, April 2022: 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.
Vancouver, BC, March 2022: Distinct Capital Partners Inc. is pleased to announce the successful closing of an equity capital raise for its client, Styx Intelligence Inc. (“Styx” or the “Company”) with several private investors.
Styx Intelligence (www.styxintel.com) is a next-generation platform that assists businesses by managing their digital risks. The Company’s Artificial Intelligence and Machine Learning-based platform provides visibility and supports remediation against threats targeting its clients’ digital assets. Their “StyxView” platform allows them to manage risk associated with individuals and companies’ digital presence across areas including cyber, privacy, regulatory compliance, third-party, and brand protection.
Don Hilton, Founder and Managing Partner at Distinct Capital, said “we are impressed with the depth of Styx’s management and their extensive experience in cybersecurity and digital risk management. We look forward to continuing to work with and support the Styx team as they capitalize on untapped opportunities in their market.”
Distinct Capital Partners Inc. was engaged to assist the management of Styx by providing strategic and general corporate finance services. Pursuant to its mandate, Distinct Capital assisted with the due diligence and negotiations to successfully complete the transaction.
Burlington, ON, February 2022: Distinct Capital Partners Inc. is pleased to announce the acquisition of its client, STANMECH Technolgies Inc. (“STANMECH” or the “Company”) by a private investor group.
Founded in 1981, STANMECH, based in Burlington, Ontario, has over 40 years of experience serving customers in industrial and manufacturing markets. As the Canadian master distributor for Leister Technologies AG of Switzerland, STANMECH provides its clients with a wide range of products including hot air hand tools, extrusion welders, automatic welders, industrial heaters and blowers as well as laser welding machines and weld testing equipment. Leister Technologies has been the world leader in plastic welding equipment and hot air equipment since 1949.
Distinct Capital Partners Inc. was engaged by the shareholders of STANMECH, to source a purchaser for the Company. Pursuant to its mandate, Distinct Capital identified the purchaser, assisted with the valuation, due diligence and negotiations to successfully complete the transaction.
Toronto, ON, January 2022: Distinct Capital Partners Inc. is pleased to announce the acquisition of its client, the Hi-Rail Leasing Group by Custom Truck One Source, Inc. (NYSE: CTOS).
Hi-Rail Leasing, based in Elliot Lake, Ontario, is one of the largest rail equipment rental providers in Canada with a fleet of over 600 rental units serving Canada’s leading railways and rail contractors. Custom Truck One Source, Inc., based in Kansas City, Missouri, with a rental fleet of over 9,000 units is one of the largest providers of specialty equipment, parts, tools, accessories and services to the electric utility transmission and distribution, telecommunications and rail markets in North America. For more information see the press release.
Distinct Capital Partners Inc. was engaged by the founder and principal shareholder of Hi-Rail, to assist with succession planning and to source a purchaser for the Company. Pursuant to its mandate, Distinct Capital identified the purchaser, assisted with the valuation, due diligence and negotiations to successfully complete the transaction.
Mississauga, ON, December 2020: Distinct Capital Partners Inc. is pleased to announce that it has assisted ThoughtSpeed eCommerce Ltd. with the sale of its Canadian healthcare software assets to the Canadian Pharmaceutical Distribution Network (CPDN).
For more than 35 years, ThoughtSpeed has been pioneering proprietary software application development in the Supply Chain Management industry including the development and implementation of industry-leading, web-based SaaS (Software as a Service) eCommerce applications. CPDN is a leading Canadian pharmaceutical distribution channel leveraging its integrated distribution and technology services to over 1100 hospitals across Canada.
Distinct Capital was engaged by ThoughtSpeed to source a potential purchaser. Pursuant to its mandate, Distinct Capital identified the purchaser, assisted with valuation, due diligence and negotiations to successfully complete the transaction.
Mississauga, ON, December 2020: Distinct Capital Partners Inc. is pleased to announce the acquisition of its client, Excel Transportation, by TFI International Inc. Since 1991, Excel has offered a full range of transportation and logistics services throughout Central and Southern Ontario. TFI International, listed on the Toronto and New York Stock Exchanges, is a North American leader in the transportation and logistics industry, operating across the United States, Canada and Mexico through its subsidiaries.
Distinct Capital was engaged by Roy McCullough, the founder and owner of Excel, to assist him with succession planning and to source a potential purchaser who would ensure the continuation of Roy’s legacy built over the past 30 years. Pursuant to its mandate, Distinct Capital identified the purchaser, assisted with due diligence and negotiations to successfully complete the transaction.
Vancouver, BC, August 2019: Distinct Capital Partners Inc. is pleased to announce the closing of a subordinated debt financing with First West Capital by its client Specialty Distributing Ltd. dba Food4Change. Food4Change, located south of Vancouver in Delta, BC., is a full service natural and organic supplier of oils, seeds, spreads, protein, and fibre. Proceeds of the financing will augment senior working capital and assist Food4Change in meeting its growth objectives.
Kitchener, ON, June 2019: Distinct Capital Partners Inc. is pleased to announce the acquisition of Eldorado Tool & Manufacturing Co. Ltd. by its client Sphere Investments Corp. Distinct Capital was engaged by Sphere Investments in a buy-side mandate to source a potential acquisition opportunity. Pursuant to its mandate, Distinct Capital identified the target, assisted the purchaser with due diligence, and arranged financing to complete the acquisition.
Toronto, ON: Distinct Capital Partners Inc. acted as financial advisor to UK based Hubio, on the sale of its Canadian division, Hubio Exchange, to an investor group led by senior Management of the Company.
Hubio Exchange is a leading provider of technology solutions that connect insurers with industry services, business partners, regulatory bodies and end-consumers. Hubio Exchange has provided industry leading solutions to Canadian P&C insurers for over 15 years.
Toronto, ON: Distinct Capital Partners Inc. is pleased to announce the acquisition of Montreal based Rotalec International Inc. by its client Buchh Holding Inc. of Ajax, Ontario. Bucch Holding, through its wholly owned subsidiary, Britman Industries Limited is a market-leading supplier of safety products, controls and lock hardware servicing the Canadian industrial marketplace, with a focus in Ontario, for over 50 years. The acquisition of Rotalec with its international distribution and engineering expertise reinforces Britman's position as a leading Canadian distributor of high technology products. The acquisition of Rotalec further extends Britman's reach to both the US and UK markets.
Oakville, ON: Distinct Capital Partners Inc. is pleased to announce the successful closing of the acquisition of its client, Peel Exterior Maintenance Inc. by a private investment group. Peel, based in Georgetown, Ontario, provides a wide range of year round exterior property maintenance services to its commercial customers as well as supplying landscape products through its depots.
Rick Fallis, Peel's founder and President, engaged Distinct Capital Partners to advise and assist him in structuring a succession plan. The objective was to identify a partner that would provide both initial capital as well as an eventual exit strategy. Following the acquisition, Rick would continue to operate Peel as President and as part owner of the business.
Montreal, QC : Distinct Capital Partners Inc. is pleased to announce that it has assisted Canadian based global security provider, Above Security Inc. in its acquisition of Seccuris Inc. The acquisition creates the only Canadian pure-play Managed Security Service Provider (MSSP). From its Security Operations Centres in Canada and Switzerland, Above Security protects clients in over 45 countries around the world. In 2015, Above Security was acquired by Hitachi Systems Ltd. and now operates under the name "Above Security - A Hitachi Group Company".
