November 2020: Origin Merchant Partners advises Dealnet on its sale to Simply Group

November 2020: Origin Merchant Partners advises Dealnet on its sale to Simply Group

By Tracey Lamping's

All Transactions, Mergers & Acquisitions

November 30, 2020

Origin Merchant Partners is pleased to announce that Dealnet Capital Corp. (“Dealnet‚ÄĚ) has been acquired by Simply Group Capital Corp (‚ÄúSimply Group‚ÄĚ) in a transaction valued at $243 million. Origin Merchant Partners acted as exclusive financial advisor to Dealnet with respect to this transaction.

Dealnet is a specialty finance company servicing the $20 billion Canadian home improvement finance market through both dealer-based and direct homeowner-based originations of secured finance assets.

Simply Group provides industry leading, high-efficiency, home comfort equipment and financing solutions to customers, to modernize their residential, commercial and industrial properties.

Origin Senior Leads: Jim Osler, Lindsay Adam Weiss, Shaun Quennell