Origin Merchant Partners (“Origin”) is pleased to announce that it served as the exclusive investment banking advisor to Extruded Aluminum Corporation (“EAC”) on its sale to Metra S.p.A. (“Metra”), a portfolio company of KPS Capital Partners, LP (“KPS”).

EAC is a U.S. manufacturer of custom extruded aluminum profiles and related value-added fabrication, assembly and finishing services. EAC provides a variety of custom extruded aluminum profiles to diverse end-markets including solar, transportation, military, material handling, residential and commercial construction and marine applications.  EAC has approximately 170 employees across two facilities located in Belding and Kentwood, MI.

Metra is a global, vertically integrated manufacturer of extruded aluminum profiles and related value-added services, including painting, oxidation, machining, welding and assembly.  Metra offers a full range of extruded aluminum profiles, which are used primarily in the industrial and building & construction end-markets across Europe and North America.  Headquartered in Rodengo Saiano, Italy, Metra employs approximately 1,250 employees globally and operates eight strategically located manufacturing facilities across Italy, Canada and the United States.

KPS, through its affiliated management entities, is the manager of the KPS Special Situations Funds, a family of investment funds with approximately $11.9 billion of assets under management (as of June 30, 2023).  For over three decades, the Partners of KPS have worked exclusively to realize significant capital appreciation by making controlling equity investments in manufacturing and industrial companies across a diverse array of industries, including basic materials, branded consumer, healthcare and luxury products, automotive parts, capital equipment and general manufacturing.  KPS creates value for its investors by working constructively with talented management teams to make businesses better, and generates investment returns by structurally improving the strategic position, competitiveness and profitability of its portfolio companies, rather than primarily relying on financial leverage. The KPS Funds’ portfolio companies generate aggregate annual revenues of approximately $20.8 billion, operate 224 manufacturing facilities in 26 countries, and have approximately 50,000 employees, directly and through joint ventures worldwide (as of June 30, 2023).

Origin Senior Leads: Nick Newlin, Adam Smith.

Origin Merchant Partners (“Origin”) is pleased to announce that it served as the exclusive financial advisor to Dishon Limited (“Dishon”) on its sale to Thrust Capital Partners (“Thrust”).

Dishon is a world class supplier of complex precision machine components and assemblies for North America, Europe and Asia, serving the aerospace, nuclear, sub-sea oil & gas and medical industries. The company has strong engineering and manufacturing capabilities, with manufacturing processes optimized to increase production flow rates. Dishon has over 35 years of expertise in complex machining and employs 70,000 square ft of space in Toronto, Canada and 14,000 square ft in Orlando, Florida.

Thrust is a private equity buyout firm exclusively focused on the Canadian aerospace industry and its supply chain. Thrust invests in companies for the long haul and understands that success takes hard work, dedication and sheer perseverance. With its combined track record and market knowledge, the Thrust team understands how to effectively consolidate aerospace suppliers, and navigate the path to becoming a world class industry participant.

Origin Senior Leads: Darren Williams, Adam Smith.

Origin Merchant Partners (“Origin”) is pleased to announce that it served as the exclusive financial advisor to SDR Distribution Services Inc. (“SDR”) on its sale to NFI Industries Inc. (“NFI”)

SDR has provided a range of 3PL solutions to clients across North America for almost 20 years. The company is a leader in the North American 3PL market, specializing in the demanding fashion, footwear, accessories, and related soft goods fulfillment market niche. SDR differentiates itself from competitors by offering bespoke, high-touch services for retailers and wholesalers who require exceptional levels of customer service.

NFI is a fully-integrated North American supply chain solutions provider headquartered in Camden, N.J. Privately held by the Brown family since 1932, the company generates more than US$3.9 billion in annual revenue, employs over 16,800 associates, and operates more than 70 million square feet of warehouse space alongside a dedicated fleet of 5,000 tractors and 14,300 trailers.

Origin Senior Leads: Robert Fedrock, Charles Pennock.

Origin Merchant Partners (“Origin”) is pleased to announce that it was the exclusive financial advisor to ALS Limited (ASX:ALQ) (“ALS”) on its acquisition of 100% of the assets and assumption of certain liabilities of Exploration Technologies Division (“ETD”) of Earthlabs Inc (TSX-V:SPOT).

ALS is a AUD6 billion market cap global company that provides comprehensive testing solutions to clients world-wide, across a broad range of industries. Headquartered in Australia, the company’s adoption of state-of-the-art technology and innovative methodologies – coupled with the strength of its international teams – ensures the delivery of the highest quality services using local expertise and personalized solutions.

Earthlabs Inc’s ETD comprises Earthlabs’ exploration consulting and technology, including the GoldSpot Discoveries consulting group alongside Ridgeline Exploration Services Inc. ETD is a highly specialized business unit with multidisciplinary experts and proprietary technology solutions in the mining sector.

Origin Senior Leads: Andrew Muirhead, Shaun Quennell.

Origin Merchant Partners (“Origin”) is pleased to announce that it was the exclusive financial advisor to Modu-Loc Fence Rentals (“Modu-loc”) on its sale to Sunbelt Rentals, Inc. (“Sunbelt Rentals”).

Modu-Loc supplies site containment solutions to Canadian and US customers. Founded in 1996, the company has built a reputation as the industry-leading temporary fence rental experts, offering site containment solutions for a diverse set of clients in construction, infrastructure, special events, retail, institutional and government. Modu-Loc products are trusted by organizations such as the RCMP, CSIS and their U.S counterparts for high profile events including the Vancouver Olympic Games, the 2015 Pan Am/Parapan Am Games, and multiple Super Bowls. .

Sunbelt Rentals is one of the largest equipment rental companies globally with a keen focus on continually advancing the idea of how a company can best support its customers and communities. With a vast network of locations across North America and the U.K. providing an expansive portfolio of products and services, Sunbelt Rentals delivers equipment rental solutions to support any project of size or significance.

Origin Senior Leads: Darren Williams, Tedi Gjoleka.

Origin Merchant Partners (“Origin”) is pleased to announce that Pacoma Holding S.a.r.l’s  (“Pacoma”) hydraulic cylinder technology businesses have been acquired by Precision Hydraulic Cylinders (“PHC”), a subsidiary of Leggett & Platt, Inc (“Leggett”).

Pacoma is a leading global manufacturer of hydraulic cylinders and at the forefront of actuator position measuring technologies primarily for off-highway vehicle applications in the construction industry with expertise built over the past four decades. The company is headquartered in Germany, with manufacturing locations in Germany and China and a distribution facility in Halifax, Pennsylvania.

Leggett is a global, publicly listed manufacturer of engineered components for a wide range of industrial, commercial and consumer markets. In January 2018, Leggett entered the hydraulic cylinders industry by acquiring PHC.

PHC is a global manufacturer of hydraulic cylinders primarily for material handling applications and specializing in smaller-diameter, short lead-time, single acting cylinders.

Origin Senior Leads: Bill Doepke, Adam Smith.

Origin Merchant Partners (“Origin”) is pleased to announce that Daman Products Company (“Daman”) has been acquired by Helios Technologies (NYSE:HLIO) (“Helios”).

Daman is a recognized leader in complex manifold design and machining of precision hydraulic manifolds and related fluid conveyance products, which are used in numerous hydraulics applications for industrial and mobile markets. Founded in 1976 and based in the US, Daman has established leading market share in the standard manifold niche market segment, as well as in custom designed integrated solutions.

Helios is a global leader in highly engineered motion control and electronic controls technology for diverse end markets. Its products are sold to customers in over 90 countries around the world. Sun Hydraulics, a Helios company, and Daman have collaborated for years to create solutions that address customers’ fluid power challenges.

Origin Senior Leads: Nick Newlin, Adam Smith.

Origin Merchant Partners is pleased to announce the successful sale of Block Steel Corp. (“Block Steel”) and Samson Roll Formed Products Company (“Samson”) to Atlas Steel Products (“Atlas”)

Block Steel is recognized as one of the largest aluminized steel processors and distributors in North America. The Company serves multiple major markets, including automotive/truck, fireplace/HVAC and BBQ/appliance.

Samson is one of the oldest and largest contract roll forming companies in the United States, and has designed, developed, and engineered tooling for more than 2,000 roll formed shapes ranging in complexity from simple angles and channels to more exotic profiles.

Atlas is a leading, US-based stainless and aluminized steel service center, providing precision processed steel and world-class tubing used in a wide variety of applications for different industries.

Origin Senior Leads: Bob Wujtowicz, Scott Sims.

Origin Merchant Partners is pleased to announce that eCycle Solutions (“eCycle”), 100% owned by Horizon Capital Holdings (“Horizon”), has been acquired by JX Nippon Mining & Metals (“JX”). Origin Merchant Partners acted as exclusive financial advisor to eCycle/Horizon with respect to this transaction.

eCycle is a leading Canadian e-waste recycler with fully-integrated operations across Canada and, by focusing on the circular economy, diverts 96% of processed e-waste from entering landfills.

Horizon Capital Holdings is an investment arm of the Martin Family Office.

JX is a leading Japan-based supplier of consumable electronic materials and part of the JX Group, a global enterprise active in a wide array of businesses including petroleum products, non-ferrous metals and specialty electronic materials.

Origin Senior Leads: Lindsay Adam Weiss, Robert Fedrock.

Origin Merchant Partners is pleased to announce the successful sale of Elite Manufacturing Technologies (“Elite”) to CGI Automated Manufacturing (“CGI”), a portfolio company of CORE Industrial Partners (“CORE”).

Elite combines value-added design engineering services with broad in-house primary fabrication capabilities serving certain highly demanding end markets, including gaming, telecom, and medical. Located in Bloomingdale, Illinois, Elite operates two facilities across 145,000 square feet.

CORE is a private equity firm with more than US$700 million of capital commitments investing in North American lower middle-market manufacturing, industrial technology, and industrial services businesses.

Origin Senior Lead: Nick Newlin

Origin Merchant Partners is pleased to announce that Powerline Plus Ltd. and PLP Redimix, Ltd. (collectively “Powerline”) have been acquired by MYR Group Inc. (“MYR Group”). 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 Partners is pleased to announce that Braeburn Systems LLC (“Braeburn”) has been recapitalized by a strategic investor.

Braeburn, founded in 2001, is a designer and manufacturer of high-tech digital electronics, available to contractors via its global network of HVACR distributors.

Origin Senior Lead: Bob Wujtowicz

Origin Merchant Partners is pleased to announce the successful sale of CGI Automated Manufacturing, Inc. (“CGI”) to CORE Industrial Partners. Origin Merchant Partners acted as the exclusive financial advisor to CGI Autmoated Manufacturing, Inc.

CGI is a leading provider of complex sheet metal production parts, assemblies and weldments for a variety of end markets, including electrical transmission and distribution, medical, food, lighting and industrials.

CORE Industrial Partners is a Chicago-based private equity firm with more than $700 million of capital commitments investing in North American lower middle-market manufacturing, industrial technology and services businesses.

Origin Senior Lead: Nick Newlin

Origin Merchant Partners is pleased to announce that ASL Distribution Services Limited (“ASL”) has been acquired by Fastfrate Group (“Fastfrate”). 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 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 provide a Formal Valuation and Fairness opinion to the Special Committee of the Board of Directors of Hydrogenics Corporation (“Hydrogenics”) with respect to a proposed acquisition by Cummins Inc. (“Cummins”) for all of the outstanding shares of Hydrogenics, other than the shares already owned by The Hydrogen Company.

Hydrogenics is a world leader in engineering and building the technologies required to enable the acceleration of a global power shift. Headquartered in Mississauga, Ontario, Hydrogenics provides hydrogen generation, energy storage and hydrogen power modules to its customers and partners around the world. Hydrogenics has manufacturing sites in Germany, Belgium and Canada and service centers in Russia, Europe, the US and Canada.

Cummins, a global power leader, is a corporation of complementary business units that design, manufacture, distribute and service a broad portfolio of power solutions. The company’s products range from diesel and natural gas engines to hybrid and electric platforms, as well as related technologies, including battery systems, fuel systems, controls, air handling, filtration, emission solutions and electrical power generation systems. Cummins serves customers in approximately 190 countries and territories through a network of approximately 600 company-owned and independent distributor locations and over 7,600 dealer locations and generated sales of $23.8 billion in 2018.

Origin Senior Lead: Jim Osler

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 the successful sale of Modineer Co., Inc. (“Modineer”) to an entity established by Westbourne Capital Partners and Hall Capital. Origin Merchant Partners acted as the exclusive financial advisor to Modineer.

Modineer is a manufacturer and fabricator of metal components for the automotive, military, truck/trailer and industrial markets utilizing stamping, roll forming, welding, machining, painting, e-coating and other specialty processes.

Westbourne Capital Partners is a Chicago-based private investment firm with investments focused on family and founder owned businesses in the manufacturing and food sectors.

Hall Capital is a family-owned private investment company based in Oklahoma, with investments focused on automotive, real estate and private investment companies.

Origin Senior Lead: Nick Newlin

Origin Merchant Securities Inc. is pleased to announce that Wyse Meter Solutions has received a significant minority investment from ONCAP.

Origin Merchant Securities Inc. acted as exclusive financial advisor to Wyse Meter Solutions with respect to this transaction.

Wyse Meter Solutions Inc. (“Wyse”) provides turnkey submetering and utility expense management services to building owners, developers and property managers across Canada. Headquartered in Newmarket, Ontario, Wyse is licensed and regulated by the Ontario Energy Board, delivering its services in seven provinces.

ONCAP is the mid-market private equity platform of Onex. In partnership with operating company management teams, ONCAP invests in and builds value in North American headquartered medium-sized businesses that are market leaders and possess meaningful growth potential.

Origin Senior Leads: Rob Penteliuk, Jim Osler

Origin Merchant Partners is pleased to announce the successful acquisition of OCV Control Valves, LLC, AMS Machining Specialists, LLC, and Precision Coatings, LLC (collectively, “OCV”) by entities established by Dorot Control Valves and its parent company, MAT Investment Holding, S.L. (“MAT Holding”).

OCV is a US-based market leader in designing and producing hydraulically-operated automatic control valves for sale in North America, Europe and Asia.

MAT Holding is a multinational industrial group with more than 80 years of history investing in leading companies in the areas of crop protection, irrigation efficiency and water treatment and handling. Through its subsidiaries, MAT Holding operates in more than 100 countries.

Origin Senior Lead: Nick Newlin