Origin Merchant Partners acted as Financial Advisor to CMI Terminal Ltd. (“CMI”) on the sale of its Crop Production Services (“CPS”) business unit, CMI Ag Ltd. (“CMI Ag”), to Rack Petroleum Ltd. (“The Rack”).
CMI’s CPS business was established in 2005 through its joint venture with Agricore United, later to be purchased by Viterra Canada Inc. (“Viterra”). CMI Ag was incorporated in 2013 when CMI acquired Viterra’s 50% interest in the CPS business. CMI has since operated the business as a fully independent dealer in the same location. The sale of the CPS business to The Rack will allow CMI to focus on its core grain handling business, through its interest in CMI Terminal Joint Venture (“CMI JV”).
Founded in west-central Saskatchewan, The Rack is a family-owned agricultural retailer dedicated to helping farmers maximize productivity and profitability. The Rack will operate the CPS business and enhance agronomy services with their Ultimate Yield agronomy platform. Customers will benefit from continued and improved access to crop inputs and production services at a familiar and convenient location alongside CMI JV’s grain terminal.
About CMI Terminal Ltd:
CMI Terminal Ltd. is a producer-owned company that has entered into a joint venture agreement with Viterra Canada Inc. to jointly own and operate an inland grain terminal located near Naicam, Saskatchewan.
About Rack Petroleum Ltd
Rack Petroleum Ltd is an independent agricultural services retailer based in Saskatchewan, Canada, that supplies farmers with a comprehensive range of products and services including fertilizer, crop protection, fuel, agronomy consulting, and proprietary agricultural inputs. The company focuses on helping growers increase efficiency and profitability by combining research, innovation, and customized agronomic advice across its multiple retail locations serving western Canada.
Deal team: Andrew Muirhead, Chris Solda
Brookfield Business Partners (NYSE: BBU, BBUC; TSX: BBU.UN, BBUC), announced that it has reached an agreement to sell a portion of its interest in three businesses (the “Transaction”) to the New Fund targeting high-net-worth investors, managed by Brookfield Asset Management.
Brookfield Business Partners will receive units of the New Fund with an initial redemption value of approximately US$690 million, representing an aggregate 8.6% discount to the net asset value of the interests sold.
The Transaction provides the potential for Brookfield Business Partners to monetize a partial interest in three businesses at a value accretive to the trading price of its units and shares, and provides the New Fund with the option to deploy capital in a diversified portfolio.
About Brookfield Business Partners:
Brookfield Business Partners is a global business services and industrials company focused on owning and operating high-quality businesses that provide essential products and services and benefit from a strong competitive position. Investors have flexibility to invest in the company either through Brookfield Business Partners L.P. (NYSE: BBU; TSX: BBU.UN), a limited partnership or Brookfield Business Corporation (NYSE, TSX: BBUC), a corporation.
Press Release :Brookfield Business Partners Announces Sale of Assets to Seed New Evergreen Private Equity Strategy | Brookfield Business Partners
Deal team: Jim Osler, Rob Fedrock, Paul Spafford, Aaron Kadey, Campbell Yelle
Origin was the financial advisor to Closing the Gap Healthcare Group Inc., a leading Canadian home care organization, on its sale to Extendicare Inc. (“Extendicare”), for C$75.5 million subject to customary working capital and other adjustments. Extendicare announced that its wholly owned home healthcare subsidiary, ParaMed completed the previously announced acquisition of all of the issued and outstanding shares of Closing the Gap Healthcare Group Inc. and certain affiliates (collectively, “Closing the Gap”) the ultimate shareholders of Closing the Gap effective July 1, 2025.
ParaMed acquired Closing the Gap on a debt-free, cash-free basis. The transaction also includes an earnout tied to the new business revenue generation in the twelve months after closing. Extendicare anticipates that the additional purchase price from the earnout will be in the range of $3.5 to $5.5 million, payable on the first anniversary of closing.
Shareholders’ transaction objectives included finding a buyer with strong brand alignment, a good steward for the business/employees, value maximization and deal certainty. There are attractive tailwinds for homecare services, helping to meet the growing needs of patients seeking to live better at home. Closing the Gap was further distinguished by a strong commitment to delivering integrated home care to patients and clients across Ontario and Nova Scotia, with outstanding expertise in allied health and pediatric care, as well as a proven track record of partnering with acute care providers to alleviate pressures on hospitals.
About Closing the Gap
Founded in 1990, Closing the Gap is a founder-led, leading, high-quality and compassionate organization that delivers integrated home and community care-based services across Ontario and Nova Scotia. Closing the Gap delivers adult and pediatric care services in patients’ homes and in-person clinics, including the following streams: personal support and home care, nursing, physiotherapy, occupational therapy, speech language pathology, nutrition and social work.
About Extendicare
Extendicare is a leading provider of care and services for seniors across Canada, operating under the Extendicare, ParaMed, Extendicare Assist, and SGP Purchasing Network brands. They are committed to delivering quality care to meet the needs of a growing seniors’ population, inspired by our mission to provide people with the care they need, wherever they call home. They operate a network of 99 long-term care homes (59 owned/40 under management contracts), deliver approximately 11.2 million hours of home health care services annually, and provide group purchasing services to third parties representing approximately 148,200 beds across Canada. Extendicare proudly employs approximately 27,500 qualified, highly trained and dedicated team members who are passionate about providing high-quality care and services to help people live better.
Press Release : Extendicare Acquires Closing the Gap Healthcare Group
Deal team: Cathy Steiner, Lindsay Adam Weiss
Origin, in collaboration with KMS Capital (the “Advisors”) were engaged by Burgundy Asset Management Ltd. (“Burgundy”), as financial advisors on their sale to BMO Financial Group. Burgundy is a leading independent wealth manager, providing discretionary investment management for private clients, foundations, endowments, pensions and family offices with approximately $27 billion in assets under management, as of May 31, 2025.
BMO Financial Group will acquire 100% ownership in Burgundy for up to C$1,000 million, including C$625 million up front and C$375 million based on attaining certain client retention and asset growth targets. The acquisition of Burgundy will be an expansion of BMO Wealth Management and strengthen BMO’s offering in the Canadian Investment Counsel space catering to high-net-worth and ultra-high-net-worth clients.
About Burgundy Asset Management:
Burgundy Asset Management Ltd. is a global investment management firm with 150 employees, headquartered in Toronto, with additional offices in Montreal and Vancouver. Since its founding in 1990, Burgundy has been dedicated to serving high-net-worth individuals, foundations, endowments, pensions, and family offices. The firm is known for its disciplined quality/value investment approach, focused on protecting and compounding clients’ capital over the long term
About BMO Financial Group:
BMO Financial Group is the seventh largest bank in North America by assets, with total assets of $1.4 trillion as of April 30, 2025. Serving customers for 200 years and counting, BMO is a diverse team of highly engaged employees providing a broad range of personal and commercial banking, wealth management, global markets and investment banking products and services to 13 million customers across Canada, the United States, and in select markets globally
Press Release : BMO to Acquire Burgundy Asset Management
Deal team: Rob Penteliuk, Charles Pennock, Aaron Kadey
Origin Merchant Partners (“Origin”) acted as the Independent Financial Advisor to the special committee of WonderFi (TSX:WNDR) on its sale to Robinhood (NASDAQ:HOOD).
The two companies entered into a definitive agreement in an all-cash deal amounting to a total consideration of approximately C$250 million. This transaction represents a pivotal step in Robinhood’s expansion strategy, marking its entry into the Canadian market and highlights the new strategic focus on its rapidly growing crypto segment for both its retail and institutional clients. This transaction enhances WonderFi’s journey to bring its technology, innovation, and talent to a broader client base, positioning it to seize new market opportunities and lead Robinhood’s expansion in Canada.
About WonderFi
WonderFi is a leader in centralized and decentralized financial services and products. With over C$2.1 billion in client assets under custody, WonderFi’s regulated trading platforms are well-positioned to service crypto participants across Canada with trading, payments and decentralized products, including purpose-built blockchains and non-custodial wallet applications. Designed to provide investors with diversified investment exposure across the global digital asset ecosystem, the Company has a proven track record of launching new products and obtaining registrations. It is also the owner of market-leading brands, including Bitbuy, Coinsquare and SmartPay.
About Robinhood
Robinhood Markets, Inc. (NASDAQ: HOOD) transformed financial services by introducing commission-free stock trading and democratizing access to the markets for millions of investors. Today, Robinhood lets you trade stocks, options, futures (which includes options on futures, swaps, and event contracts), and crypto, invest for retirement, and earn with Robinhood Gold. Headquartered in Menlo Park, California, Robinhood puts customers in the driver’s seat, delivering unprecedented value and products intentionally designed for a new generation of investors.
Press Release : WonderFi Enters into Definitive Agreement to be Acquired by Robinhood Markets
Deal team: Jim Osler, Tedi Gjoleka
Origin Merchant Partners is pleased to announce that it served as the exclusive investment banking advisor to Marcy Laboratories, Inc. (“Marcy”) on its recapitalization of the Company and partnership with LFM Capital (“LFM”).
Marcy Laboratories is a contract manufacturer specializing in the fragrance industry, providing blending, filling, packaging, and component sourcing services. Marcy serves large fragrance brands, specialty retailers, and other select beauty customers. The Company was founded in 1963 and is based in Glendale Heights, Illinois.
LFM Capital is a private equity firm based in Nashville, Tennessee. The LFM team bring decades of management leadership, operating best practices, exceptional professional recruiting networks, and a successful track record in lower middle market investing. The firm’s mission is to partner with portfolio company management to develop and build world-class operations through a combination of manufacturing and operations excellence and targeted growth and expansion strategies.
Kevin Morton, President of Marcy, commented: “We are deeply grateful to the Origin team for their thoughtful and unwavering dedication at every stage of the process. Their tireless commitment and genuine partnership were instrumental in delivering an exceptional outcome for our business, and it was a true pleasure working with them.”
Deal team: Nick Newlin, Katie Balson
Origin Merchant Partners acted as Independent Financial Advisor to the Special Committee of Converge on its sale to H.I.G.
The two companies entered into an arrangement agreement (the “Arrangement Agreement“) with an affiliate of H.I.G. Capital (“H.I.G.“), whereby H.I.G agreed to acquire all the issued and outstanding common shares (the “Common Shares“) of the Company (the “Transaction“). The purchase price of the Transaction values Converge at an enterprise value of approximately C$1.3 billion.
Additionally, as a result of the Transaction, Converge will join the current H.I.G. owned entity, Mainline Information Systems, LLC (“Mainline“). Headquartered in Tallahassee, FL, Mainline is a diversified IT solutions provider specializing in enterprise servers, hybrid cloud, cyber storage, and network & security solutions, along with providing associated professional and managed services. Converge and Mainline offer complementary products and services, and their joining will permit the combined companies to better serve customers with a broader and more diverse variety of solutions in areas such as cybersecurity, cloud, and digital infrastructure.
About Converge
Converge Technology Solutions Corp. is reimagining the way businesses think about IT—a vision driven by people, for people. Since 2017, Converge has focused on delivering outcomes-driven solutions that tackle human-centered challenges. As a services-led, software-enabled, IT & Cloud Solutions provider, Converge combines deep expertise, local connections, and global resources to deliver industry-leading solutions.
Through advanced analytics, artificial intelligence (AI), cloud platforms, cybersecurity, digital infrastructure, and workplace transformation, Converge empowers businesses across industries to innovate, streamline operations, and achieve meaningful results. Converge’s AIM (Advise, Implement, Manage) methodology ensures solutions are tailored to a customers’ specific needs, aligning with existing systems to drive success without complexity.
About H.I.G Capital
H.I.G. Capital is a leading global alternative investment firm with $67 billion of capital under management. Based in Miami, and with offices in Atlanta, Boston, Chicago, Los Angeles, New York, and San Francisco in the United States, as well as international affiliate offices in Hamburg, London, Luxembourg, Madrid, Milan, Paris, Bogotá, Rio de Janeiro, São Paulo, Dubai, and Hong Kong, H.I.G. specializes in providing both debt and equity capital to middle market companies, utilizing a flexible and operationally focused/value-added approach.
About Mainline
Mainline is a leading IT solutions provider and consulting firm specializing in cybersecurity, hybrid cloud, modern data center infrastructure, software solutions, and managed services. With national coverage, strategic technology partnerships, and multi-vendor technology expertise, Mainline delivers cost-effective business outcomes.
Press Release : Converge Technology Solutions to be Acquired by H.I.G. Capital
Deal team: Jim Osler, Mario Di Pietro, Andrei Rojine
Origin Merchant Partners is pleased to announce it was the Exclusive Financial Advisor to Quadshift Inc. on its growth equity investment of up to $23 million.
Quadshift Inc. (“Quadshift”), a leading acquirer of vertically focused B2B software has secured up to $23 million in growth equity funding to accelerate its acquisition of leading vertical market software (“VMS”) businesses. The all-equity, all-primary round was led by BDC Growth Equity Partners (“BDC Growth Equity”) with participation from Celtic House Venture Partners (“Celtic House”) and other minority investors. Origin served as financial advisor to Quadshift with respect to this transaction.
Quadshift leverages AI to drive a leading-edge approach to sourcing and executing deals, simplifying and expediting the deal process for founders with the option to either exit completely or maintain significant upside as shareholders of a large, rapidly growing software company. The funding will accelerate the conversion of Quadshift’s acquisition pipeline and position the company for long-term success.
About Quadshift:
Founded in 2017, Quadshift has emerged as the preferred home for founders seeking a sale of their high-quality, mission-critical, vertically focused B2B software businesses. The company focuses on building strong, independent platform businesses through talent acquisition from strategic acquisitions and supports the growth of professional functions within those platforms by offering strategic guidance, best practices, and specialized hands-on resources. For more information, visit www.Quadshift.io.
About BDC Capital
BDC Capital is the investment arm of the Business Development Bank of Canada with over $7 billion of assets under management and has significant experience serving as a strategic partner to Canada’s most innovative and high-potential firms.
About Celtic House Venture Partners
Drawing from its 20 years of experience as an active investor in technology and innovation, Celtic House Venture Partners collaborates with exceptional founding teams with strong track records and a data-driven mindset to build category-leading technology companies. These collective efforts have resulted in over 25 IPO and M&A transactions.
Deal team: Mario Di Pietro Tedi Gjoleka
Origin Merchant Partners (“Origin”) is pleased to announce it was the Independent Financial Advisor to Softchoice Corporation (“Softchoice” or the “Company”) (TSX:SFTC) on its sale to Worldwide Technologies Holding Co., LLC (“World Wide Technology” or “WWT”).
The two companies have entered into an arrangement agreement (the “Arrangement Agreement”) for Softchoice to be acquired by WWT, via an all-cash transaction (the “Transaction”), which values Softchoice at an enterprise value of approximately C$1.8 billion. Based on the Company’s reported financial results for the trailing twelve months to September 30, 2024, the Consideration values the Company at an EV to Adjusted EBITDA multiple of ~13.2x. This acquisition will add new capabilities to WWT’s software, cloud, cybersecurity, and AI offerings to provide a comprehensive solutions portfolio across the full spectrum of the digital transformation journey.
Birch Hill Equity Partners (“Birch Hill”) and each of the directors and senior officers of the Company, representing approximately 51.3% of the outstanding shares of Softchoice, have entered into voting support agreements under which they have agreed, among other things, to support and to vote all shares held by them in favour of the Transaction. The voting support agreements terminate automatically upon termination of the Arrangement Agreement.
This engagement builds on Origin’s independent advisory practice for large public transactions and the product of our efforts to build on our expertise with leading financial sponsors.
Softchoice Corporation is a Software and Cloud-Focused IT solutions provider that equips organizations to be agile, innovative, and secure, and people to be engaged, connected, and creative at work. They deliver secure, AI-powered cloud and digital workplace solutions supported by advanced software asset management methodology and capabilities.
World Wide Technology Holding Co., LLC, is a global technology solutions provider leading the AI and Digital Revolution, that combines the power of strategy, execution and partnership to accelerate digital transformational outcomes for large public and private organizations around the world. Through its Advanced Technology Center, a collaborative ecosystem of the world’s most advanced hardware and software solutions, WWT helps customers and partners conceptualize, test and validate innovative technology solutions for the best business outcomes and then deploys them at scale through its global warehousing, distribution and integration capabilities.
Deal team: Jim Osler, Artem Krylov, Andrei Rojine, Charlie Pennock
Origin Merchant Partners (“Origin”) is pleased to announce that it Provided a Fairness Opinion to the Special Committee of Environmental Waste International (“EWS”) on its proposed acquisition by Hydrotrux Group Ltd. (“Hydrotrux”).
Environmental Waste International specializes in eco-friendly systems for the breakdown of organic materials, including tires. The Company has spent over 15 years engineering systems that integrate the EWS patented Reverse Polymerization™ process and proprietary microwave delivery system. EWS’s unique microwave technology safely processes and recycles waste tires, while recovering highly valuable commodities, including carbon black, oil and steel. Each unit is designed to be environmentally safe, energy efficient, and economically profitable for the operator.
Hydrotrux provides decarbonization solutions for a sustainable future primarily by converting heavy goods vehicles (HGVs) to run on hydrogen fuel. Their expertise in H2 conversion technology for HGV’s combined with their tech partnerships position Hydrotrux as a leader in crafting comprehensive decarbonization plans. Their holistic approach addresses the reduction of carbon emissions and provides enhanced energy efficiency and a cost-effective pathway towards a greener tomorrow.
Origin Merchant Partners (“Origin”) is pleased to announce that it acted as Financial Advisor to Armstrong Monitoring (“Armstrong”) on its sale to Greystone Energy Systems (“Greystone”).
Armstrong Monitoring will operate within the Bemsiq Group as a wholly owned subsidiary of Greystone Energy Systems. The transaction will accelerate Armstrong’s growth and development, and secure Armstrong’s status as the innovation leader in the growing gas detection space. The team at Origin advised Co-CEOs and owners Joanne Johnson and Rod Sprules. The transaction highlights Origin’s independence and expertise in the HVACR industry. Origin’s long-standing relationship with the owners created the trust needed to assist with this important mandate for the company.
Armstrong Monitoring, founded in 1981 and based in Ottawa, Canada, designs, develops, manufactures, and services proprietary monitors, systems, transmitters, sensors, and accessories for commercial, industrial, and military gas detection applications.
Greystone Energy Systems has over 30 years of experience designing, manufacturing, and supplying HVAC sensors and transmitters for building automation management systems. Headquartered in Moncton, New Brunswick, their global family consists of 9 locations globally, including regional sales offices in Dubai, India, Singapore, and Malaysia.
Joanne Johnson and Rod Sprules, P.Eng. commented “the team at Origin has the experience to work on a variety of transactions, while also being cognizant of our needs. Their support in managing a confidential marketing process and closing our transaction was invaluable. On a personal note, we are incredibly grateful for the genuine care and constant support and availability Scott and Will provided throughout.”
Origin Merchant Partners (“Origin”) is pleased to announce that it acted as exclusive financial advisor to Rebox Corp (“Rebox”) on its sale to ONCAP.
Origin was engaged by Rebox and ran a successful process. The end result was a transaction with ONCAP, who differentiated itself via a history of successful industrial and distribution investments, a strong track record of partnering with founder-owned businesses, and a compelling value creation plan. ONCAP was attracted to Rebox due to its market leadership in the re-used corrugate space, multiple organic growth levers in a market with a large untapped whitespace opportunity, and unique customer and supplier value proposition by providing material cost savings to customers, premium pricing to recycling alternatives for suppliers, and measurable ESG benefits to both customers and suppliers. This represents Origin’s fourth closed environmental / sustainability sale transaction in the last two years.
Rebox is a Montreal-based pioneer of the used corrugated box industry enabling their suppliers and customers across North America to unlock operational, environmental, and financial efficiencies from their packaging footprint. They are a North American leader in sustainable packaging solutions, selling products including used boxes, new boxes, pallets, gaylords, and other packaging materials, with presence in Canada and the U.S. Rebox plays a significant role in the circular economy by creating a sub-loop connecting waste from suppliers to input packaging for customers.
ONCAP is a Leading Private Equity firm focused on middle market companies in North America
Origin Merchant Partners (“Origin”) is pleased to announce that it acted as Financial Advisor to the Special Committee of UGE International Ltd. (“UGE”) on the going-private transaction with NOVA Infrastructure (“NOVA”).
UGE develops, owns, and operates community and commercial solar & battery storage projects. UGE’s distributed energy solutions provide cheaper, cleaner energy to businesses and households throughout the United States. With over 500 megawatts of project experience, UGE is working daily to make renewable energy accessible and affordable for all.
Nova Infrastructure is an infrastructure investment firm that invests in environmental services, transportation, energy / energy transition, and communications sectors in North America. NOVA focuses on differentiated, value-added strategies in the highly attractive, middle market infrastructure segment. NOVA offers a unique strategic focus; detailed, bottom-up investing; significant experience and expertise; and market connectivity and deal flow.
Origin Senior Leads: Lindsay Adam Weiss, Lawrence Rhee.
Origin Merchant Partners (“Origin”) advised Nexii Building Solutions (“Nexii”) on their sale to a Private Investor Group as part of a CCAA process.
Nexii Building Solutions designs and manufactures low carbon buildings and products to reduce the climate impact of built environments. With Nexii’s breakthrough material Nexiite, Nexii enables the rapid assembly of high-quality buildings and infrastructure with reduced end-to-end carbon emissions, near zero waste and less disruption to the community.
Origin Senior Leads: Andrew Muirhead, Rob Fedrock.
Origin Merchant Partners (“Origin”) is pleased to announce that it acted as Financial Advisor to a Private Contract Research Company on its Sale to a Private Buyer.
Origin Merchant Partners (“Origin”) is pleased to announce that it acted as exclusive financial advisor to RYCOM Corporation (“Rycom”) on its sale to Ainsworth Inc. (“Ainsworth”), a wholly owned subsidiary of GDI Integrated Facility Services (“GDI”).
Rycom: For over 25 years, RYCOM has led the way in the development, deployment and operation of smart building solutions, helping its clients reduce energy consumption, lower GHG emissions, increase profitability, and improve tenant comfort.
Ainsworth: Ainsworth provides high-quality technical trades services, including HVAC, design-build, electrical, energy management, innovative solutions, and building automation for institutional, commercial, residential, healthcare, and industrial clients across North America.
GDI: GDI is the fifth-largest facility services business in North America with more than 30,000 employees, 1 billion square feet serviced, and with operations across Canada and the United States.
Origin Senior Leads: Peter Farrell, Mario Di Pietro
Origin Merchant Partners (“Origin”) is pleased to announce that it acted as Exclusive Financial Advisor to Jump+ on their sale to an Investor Group led by Tim McGuire.
Jump+ is North America’s first and largest Apple Premium Reseller, catering to a nationwide network of retail and enterprise customers, through providing a complete offering of Apple products, accessories, and support services. Established in 2011, following a 30 year history and experience with Apple products, Jump+ started in Guelph, Ontario and has grown quickly to have a presence across Canada from coast to coast.
Origin Senior Leads: Mario Di Pietro, Greg Martin.
Origin Merchant Partners (“Origin”) is pleased to announce that it acted as Advisor to the Board of WonderFi Technologies Inc. (“WonderFi”) regarding governance and shareholder relations.
WonderFi owns and operates Bitbuy and Coinsquare, two leading domestic crypto platforms with strongholds in the Canadian market; WonderFi operates Internationally through its expansion in Australia, as well as through Smartpay, its global crypto payments platform. With a collective user base of over 1.7 million registered Canadians and a combined assets under custody exceeding $1.5 billion, WonderFi serves one of the largest crypto-investor communities in Canada.
Origin Merchant Partners (“Origin”) is pleased to announce that it acted as exclusive financial advisor to Burke & Company Ltd.,(“Burke & Co”) and Orion Audit (“Orion”) on their sale to Navacord.
Burke & Co and Orion: Founded in 1991 in Toronto, Ontario, Burke & Co is a distinguished consulting and claims auditing firm, with a unique value proposition that brings together their consulting arm and their expertise in audit, claims control and fraud analytics. Specializing in providing personalized, cost-effective consulting and claims audit services focused on optimizing benefit and pension plans for a diverse clientele, including some of Canada’s leading employers, and with a very strong footprint in healthcare. Burke & Co’s client base spans various industries and organizational sizes, maintaining strong industry relationships with major retirement providers and insurance companies through professional and consistent practices.
Navacord: Founded in 2014 and headquartered in Toronto, Ontario, Navacord is one of Canada’s top three commercial insurance brokerages. With $3 billion in premiums, Navacord stands as a leader in group insurance and risk management solutions. From commercial and personal insurance to surety, employee benefits and retirement consulting, Navacord leverages national strength and resources with the local touch service of industry-specialized Navacord Broker Partners to deliver the trusted advice, expertise and custom insurance solutions clients need to face the future with confidence.
The Navacord partnership with Burke & Co and Orion complements Navacord’s ongoing build within the benefits, financial services, and wealth planning sector, bolstered by specialized expertise in claims and fraud analytics.
Origin Senior Leads: Peter Farrell, Cathy Steiner
Origin Merchant Partners (“Origin”) is pleased to announce that it acted as exclusive financial advisor to Fan Tuan Holding Ltd. (“Fantuan”) on its acquisition of the Food Delivery business of Chowbus Inc. (“Chowbus”).
Fantuan: Founded in Vancouver, Canada, Fantuan is a one-stop platform providing services such as food delivery, fresh grocery and more. As one of the world’s leading Asian food delivery and lifestyle service platforms, Fantuan has developed a cutting-edge technology that closely connects business owners with customers to provide convenient, innovative, and efficient services to everyday life. Since its establishment in 2014, the company has demonstrated significant organic growth and operational excellence, operating in over 50 cities across Canada, the United States, Australia, and the United Kingdom.
Chowbus: Based in Chicago, Illinois, is a significant food delivery player in the US, particularly focusing on high-quality, authentic Asian cuisine. The company has empowered local independent restaurants and stores with technology, tools, and marketing support to foster business growth. The Food Delivery segment of Chowbus features an exclusive and curated list of high-quality mom-and-pop restaurants and stores in key US markets.
Origin Senior Leads: Mario Di Pietro, Tedi Gjoleka