Origin Merchant Partners is pleased to announce that Powerline Plus Ltd. and PLP Redimix, Ltd. (collectively āPowerlineā) have been acquired by MYR Group Inc. (āMYR Groupā). Origin Merchant Partners acted as exclusive financial advisor to Powerline with respect to this transaction.
Powerline is a leading full-service electrical distribution construction company, headquartered in Toronto, Ontario. Founded in 1990, Powerline has grown in both size and stature, rapidly moving to the forefront of its industry. With a scope of operations that encompasses engineering and design, civil, electrical and distributed generation and other services, Powerline provides innovative, reliable, and cost-effective solutions, tailored to customer budgets, timelines, and environmental pressures.
MYR Group (NASDAQ: MYRG) is a holding company of leading specialty contractors serving the electric utility infrastructure, commercial and industrial construction markets throughout the United States and Canada, with the experience and expertise to complete electrical installations of any type and size.
Origin Senior Leads: Darren Williams.
Origin Merchant PartnersĀ is pleased to announce that ASL Distribution Services Limited (āASLā) has been acquired by Fastfrate Group (āFastfrateā). Origin Merchant Partners acted as exclusive financial advisor to ASL with respect to this transaction.
ASL is an asset and non-asset based full-service third-party logistics (3PL) provider. Established in 1959, ASL provides companies with seamless customized logistical solutions, utilizing its own fleet of trucks and partner carriers. ASL also performs “Final Mile” home & office deliveries, delivering e-commerce fulfillment orders direct to consumers, and freight management services through its brokerage division.
Fastfrate is a Canadian owned and operated transportation services business, with diversified offerings to support every aspect of their customers’ supply chain. The company has over fifty years of service, and owns facilities, adjacent to CP rail yards, in major centers from Vancouver, BC to Halifax, NS.
Origin Senior Leads: Jim Osler, Robert Fedrock
Origin Merchant Partners is pleased to announce that Mobile Klinik has been acquired by TELUS Corp. Origin Merchant Partners acted as exclusive financial advisor to Mobile Klinik with respect to this transaction.
Mobile Klinik is Canadaās largest and fastest-growing professional while-you-wait smartphone and tablet repair, care and services retail chain with 81 stores across Canada.
TELUS is a dynamic, world-leading communications and information technology company with more than 15 million customer connections spanning wireless, data, IP, voice, television, entertainment, video and security.
Origin Senior Leads: Mario Di Pietro, Mark Ernst
Origin Merchant Partners is pleased to announce that it acted as exclusive financial advisor to the Board of Director’s Independent Committee of a major US aerospace company on a strategic asset purchase. This mandate was undertaken on a confidential basis.
Origin Senior Leads: Charles Pennock, Jim Osler
Origin Merchant Partners is pleased to announce the successful sale of Micropen Technologies Corporation (“Micropen”) to Exxelia USA Holding Inc. (“Exxelia”). Origin Merchant Partners acted as the exclusive financial advisor to Micropen on this transaction.
Micropen is an industry-leading custom manufacturer of precision high voltage resistors and electronic components using a proprietary electronic printing technology and design. Micropen serves leading customers in the medical, military, test and measurement, and detection markets.
Exxelia is a wholly-owned subsidiary of a Paris-based leading global designer and manufacturer of high-rel passive components and subsystems. Exxelia Group is comprised of thirteen manufacturing entities serving high-tech industrial sectors.
Origin Senior Lead: Bill Doepke
Origin Merchant Partners is pleased to announce the successful sale of ACS, Inc. (“ACS”) to LMR Distributing, LLC (“LMR”). Origin Merchant Partners acted as the exclusive financial advisor to ACS on this transaction.
ACS is the largest value-added distributor of Motorola two-way radio products in North America. With extensive distribution capabilities, ACS serves resellers with corporate offices in nine Midwest states, as well as large national accounts based throughout the U.S.
LMR is a value-added distributor of Motorola commercial radios primarily in the Midwest.
Origin Senior Lead: Bill Doepke
Origin Merchant Partners is pleased to announce that Diversified Royalty Corp. has acquired the trademarks and certain other intellectual property rights utilized by Mr. Mikes Restaurants Corporation in its restaurant business and entered into a royalty agreement with Mr. Mikes.
Origin Merchant Partners was retained by certain Mr. Mikes shareholders as Exclusive Financial Advisor with regards to the sale of the trademarks and certain other intellectual property rights of Mr. Mikes and the royalty agreement.
Diversified Royalty Corp. is a multi-royalty corporation, engaged in the business of acquiring top-line royalties from well-managed multi-location businesses and franchisors in North America. Diversified currently owns the Sutton, Mr. Lube, AIR MILESĀ® and Mr. Mikes trademarks in Canada.
Origin Senior Lead:Ā Charles Pennock
Origin Merchant Securities Inc. is pleased to announce that Mobile Klinik has successfully completed its $27.5 million private placement. The investment round includes a substantial investment by the Canadian Business Growth Fund, as well as private individuals, including several of the companyās early-stage investors.
Origin Merchant Securities Inc. acted as the exclusive financial advisor to Mobile Klinik with respect to this transaction.
Mobile Klinik is Canadaās largest and fastest-growing professional while-you-wait smartphone and tablet repair, care and services retail chain with 50 stores as of May 2019, in BC, Alberta, Manitoba, Saskatchewan, Ontario, Quebec, New Brunswick, Newfoundland and Labrador.
The Canadian Business Growth Fund (āCBGFā) provides long-term, patient, minority capital to ambitious Canadian entrepreneurs with talented management teams to fund growth and expansion of mid-market businesses. An evergreen investment fund with capital commitments of $545 million, CBGF is committed to long-term partnerships with the companies it invests in.
Origin Senior Lead: Mario Di Pietro
Origin Merchant Partners is pleased to announce that ChildVentures has successfully completed its strategic investment from Fusion Ventures Holdings.
Origin Merchant Partners acted as the exclusive financial advisor to ChildVentures with respect to this transaction.
ChildVentures is a premium, early childhood education business with multiple locations in the Greater Toronto Area. First established in 2002, Childventures Early Learning Academy has developed an excellent reputation as an innovator and leader in child development. ChildVentures has adopted a blended curriculum style that incorporates various teaching methods from Baby Signs and High ScopeĀ® to Montessori and Core KnowledgeĀ®, which are all carefully designed to enhance childrenās development and stimulate their growth.
Fusion Ventures Holdings is a strategic investor focused on mid-market acquisitions within North America. Fusion Ventures Holdings invests with a long-term horizon and a strong growth orientation. Target industries include home products and services, construction, real estate, and education. Fusion Ventures Holdings is passionate about taking companies to the next level through sound strategic thinking, focused execution, and a compelling client-oriented vision, all within a strong value based corporate culture.
Origin Senior Leads:Ā Jim Meloche, Jim Osler
River Cree Enterprises Limited Partnership (āRCELPā), is pleased to announce the closing of new senior credit facilities in an aggregate amount of C$176 million and C$100 million of 10.0% Senior Second Lien Secured Notes.
Origin Merchant Partners was retained to advise RCELP in connection with refinancing its outstanding senior secured credit facilities and 11.0% senior second lien secured notes. Origin Merchant Partners acted as exclusive financial advisor to RCELP with respect to the refinancing.
Origin Merchant Securities Inc. acted as Co-Manager in connection with RCELPās issuance of 10.0% Senior Second Lien Secured Notes.
River Cree Enterprises Limited Partnership owns the River Cree Resort and Casino, Albertaās leading casino, hotel and sports and entertainment complex located on the Enoch Cree Nation Reserve bordering Edmonton. The River Cree Resort and Casino has the most slots of any casino in the greater Edmonton area and has the largest hotel, largest convention space and largest entertainment space of any resort-style casino in Alberta.
Origin Senior Leads:Ā Jim Meloche, Charles Pennock
River Cree Enterprises Limited Partnership (āRCELPā), is pleased to announce the closing of new senior credit facilities in an aggregate amount of C$176 million and C$100 million of 10.0% Senior Second Lien Secured Notes.
Origin Merchant Partners was retained to advise RCELP in connection with refinancing its outstanding senior secured credit facilities and 11.0% senior second lien secured notes. Origin Merchant Partners acted as exclusive financial advisor to RCELP with respect to the refinancing.
Origin Merchant Securities Inc. acted as Co-Manager in connection with RCELPās issuance of 10.0% Senior Second Lien Secured Notes.
River Cree Enterprises Limited Partnership owns the River Cree Resort and Casino, Albertaās leading casino, hotel and sports and entertainment complex located on the Enoch Cree Nation Reserve bordering Edmonton. The River Cree Resort and Casino has the most slots of any casino in the greater Edmonton area and has the largest hotel, largest convention space and largest entertainment space of any resort-style casino in Alberta.
Origin Senior Leads:Ā Jim Meloche, Charles Pennock
Origin Merchant Partners is pleased to announce that Information Services Corporation (āISCā) has acquired ESC Corporate Services Ltd. (āESCā) in a transaction valued at approximately C$28 million.
Origin Merchant Partners acted as exclusive financial advisor to ISC with respect to this transaction.
Information Services Corporation is the exclusive provider of Land Titles Registry, Land Surveys Directory, Personal Property Registry and Corporate Registry in Saskatchewan. ISC is listed on the Toronto Stock Exchange (TSX-ISV).
ESC Corporate Services Ltd. is a privately-held corporation providing full-service, bilingual, online corporate services including due diligence, filing and incorporation services across Canada and around the world. ESC was founded in 2009 with offices in Toronto and Montreal and has over 4,500 clients, including law firms, corporations and financial institutions.
Origin Senior Leads:Ā Andrew Muirhead, Mario Di Pietro
Origin Merchant Partners is pleased to announce that Orderit.ca (āOrderitā) has completed its sale to JUST EAT Canada (āJUST EATā).
Origin Merchant Partners acted as exclusive financial advisor to Orderit with respect to this transaction.
Orderit.ca is a leading provider of delivery and take-out services for over 1,000 Canadian restaurants. Orderit provides a convenient and secure platform to improve the food ordering and delivery experience for restaurants and customers across Canada.
JUST EAT plc operates the worldās leading online marketplace for takeaway delivery. Headquartered in London, JUST EAT uses proprietary technology to offer a quick and efficient online ordering service for over 8 million users and over 45,700 takeaway restaurants. JUST EAT is a member of the FTSE 250 Index.
Origin Senior Lead: Mario Di Pietro
Origin Merchant Securities Inc. is pleased to announce that Berkeley Payment Solutions (āBerkeleyā) has successfully completed its Senior Secured Debenture Offering.
Origin Merchant Securities Inc. acted as Agent to Berkeley with respect to this transaction.
Berkeley Payment Solutions (āBerkeleyā) delivers MasterCard and Visa prepaid card programs for corporations, governments, and financial institutions. As a trusted managed services provider, Berkeley helps clients navigate the payments industry ecosystem and offers an extensive suite of services including program management, product development, accounting and reporting, IT consulting and integration, processing, card design, and card fulfillment. Berkeley also partners with leading financial institutions to accelerate revenue growth opportunities and profitability by reducing the cost, complexity, and risk of developing and launching new payments products. Berkeley serves over 500 corporate and government clients in North America spanning all industries and business functions, providing a variety of prepaid Visa and MasterCard solutions that are simple, flexible, and effective.
Origin Merchant Securities Inc. (āOMSIā) is a wholly-owned affiliate of Origin Merchant Partners. OMSI is an exempt market dealer that will agent private placements of debt and equity securities to finance the acquisition capital, growth capital or recapitalization needs of our clients. OMSI is registered as an Exempt Market Dealer with the Ontario Securities Commission.
Origin Senior Leads: Mario Di Pietro, Jim Osler
Origin Merchant Partners is pleased to announce that Capstone Infrastructure Corporation (āCapstoneā) and Renewable Energy Developers Inc. (āReDā, formerly Sprott Power Corp.) have successfully completed the previously announced plan of arrangement (the āArrangementā) pursuant to which Capstone acquired all of the issued and outstanding common shares of ReD.With the completion of the Arrangement, it is anticipated that the ReD shares will be delisted from the TSX as soon as practicable. ReD is now a subsidiary of Capstone.
Origin Merchant Partners acted as financial advisor to Capstone with respect to this transaction.
Capstone Infrastructure Corporationās mission is to build and responsibly manage a high quality portfolio of infrastructure businesses in Canada and internationally in order to deliver a superior total return to shareholders by providing reliable income and capital appreciation. Capstoneās portfolio comprises investments in Canadaās power infrastructure, including gas cogeneration, wind, hydro, biomass and solar power generating facilities, representing approximately net 465 megawatts of installed capacity, and contracted wind power development projects totalling net 79 megawatts of capacity. Capstone also invests in utilities, including a 33.3% interest in a district heating business in Sweden, and a 50% interest in a regulated water utility in the United Kingdom. For more information, please visit www.capstoneinfrastructure.com.
Origin Senior Lead: Jim Osler
Origin Merchant Partners is pleased to announce thatĀ Davis+ Henderson Corp. (āD+Hā) has completed a Divestiture of itsĀ BusinessĀ Processing BusinessesĀ toĀ The Gores Group, LLC (āGoresā).Origin Merchant Partners acted as exclusive financial advisor to D+H with respect to this transaction.
Davis + Henderson offers a wide spectrum of secure and reliable technology solutions and services that are designed to help North American financial institutions stay competitive by supporting specific areas of their business as well as overall operations. In 2012, D+H rose to 35th on the FinTech 100, a ranking of the top technology providers to the global financial services industry. D+H is listed on the Toronto Stock Exchange (DH) and is headquartered in Toronto.
The Gores Group, LLC is a global investment firm focused on acquiring controlling interests in mature and growing businesses. Founded in 1987, Gores has become a leading investor having demonstrated a reliable track record of creating value in its portfolio companies alongside management. Headquartered in Los Angeles, Gores maintains offices in Boulder, Colorado and London.
Origin Senior Leads: Andrew Muirhead, Jim Osler