River Cree Enterprises Limited Partnership (“RCELP”), 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 RCELP’s issuance of 10.0% Senior Second Lien Secured Notes.
River Cree Enterprises Limited Partnership owns the River Cree Resort and Casino, Alberta’s 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:Â Jim Meloche, Charles Pennock
River Cree Enterprises Limited Partnership (“RCELP”), 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 RCELP’s issuance of 10.0% Senior Second Lien Secured Notes.
River Cree Enterprises Limited Partnership owns the River Cree Resort and Casino, Alberta’s 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:Â Jim Meloche, Charles Pennock
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
Origin Merchant Partners is pleased to announce the partnership between Desjardins Group, five credit union centrals and The Cumis Group Ltd. to form Aviso Wealth.
Origin Merchant Partners acted as valuation advisor to Credential Financial Inc, Qtrade Canada Inc. and NEI Investments with respect to this transaction.
Aviso Wealth will be a Canadian financial services leader with notable strengths in wealth management, asset management, online brokerage and digital advice, mutual funds and correspondent services. Through its subsidiaries, Aviso Wealth will offer a wealth management platform with the necessary scale and resources to meet the evolving needs of its credit union partners and their members. It is jointly owned by Desjardins and a limited partnership comprised of the Centrals / CUMIS, with each holding a 50% stake.
Origin Senior Leads: Rob Penteliuk, Charles Pennock
Origin Merchant Securities Inc. is pleased to announce that Pivot Pharmaceuticals Inc. has successfully completed a $5 million private placement of convertible debentures.
Origin Merchant Securities Inc. acted as exclusive financial advisor to Pivot with respect to this transaction.
Pivot Pharmaceuticals Inc. (“Pivot”) is a vertically-integrated cannabis company engaged in the development and commercialization of therapeutic pharmaceuticals and nutraceuticals using innovative drug delivery platform technologies. Pivot’s proprietary topical and oral drug delivery technologies improve the bioavailability of cannabinoid, cannabidiol (CBD), and tetrahydrocannabinol (THC)-based products. Pivot’s initial product development candidates will include topical treatments for women’s sexual dysfunction, as well as psoriasis, and an oral product for cancer supportive care.
Origin Senior Lead: Cathy Steiner
Origin Merchant Partners is pleased to announce that Building Envelope Software Techologies (“BEST”) has completed the sale of its PrefSuite Division to PrefCo GmbH (“PrefCo”).
Origin Merchant Partners acted as exclusive financial advisor to BEST with respect to this transaction.
Building Envelope Software Technologies is value-added reseller of fenestration industry leading software solutions in North America. BEST supplements its leading software offering by providing additional value-added services including consulting, implementation, and customization of the company’s software solutions. Founded 15 years ago by Dan Andersen and professionals with backgrounds in the fenestration industry and leading IT companies, BEST has created long lasting partnerships with its customer base by delivering leading technology and value-added services across a broad customer base.
PrefCo GmbH is the largest and most experienced value-added reseller specializing in the distribution of the PrefSuite software solution for the European window and door industry.
Origin Senior Lead: Mario Di Pietro
Origin Merchant Partners was retained by the Board and Executive Committee of Aeterna Zentaris (“Aeterna” or the “Company”) to provide a fairness opinion with respect to the Company’s license and assignment agreement with Strongbridge Biopharma LLC, regarding its primary drug, Macrilen, the first FDA-approved oral drug indicated for the diagnosis of Adult Growth Hormone Deficiency.
Aeterna Zentaris Inc. is a specialty biopharmaceutical company focused on developing and commercializing new treatments, principally through out-licensing arrangements.
Strongbridge Biopharma LLC. is a global commercial-stage biopharmaceutical company focused on the development and commercialization of therapies for rare diseases with significant unmet needs.
Origin Senior Leads:Â Cathy Steiner, Jim Osler
Origin Merchant Partners is pleased to announce the successful sale of Meeco Sullivan, LLC (“Meeco Sullivan”) to Tuckahoe Holdings LLC (“Tuckahoe Holdings”). Origin Merchant Partners acted as the exclusive financial advisor to Meeco Sullivan.
Meeco Sullivan is one of North America’s leading designers, manufacturers and installers of commercial marina and dock systems. Over its almost 60-year history and with an installed base of over 5,000 commercial sites, the Company has become known for superior quality and is considered the industry-standard in timber and galvanized steel dock fabrication for both freshwater and saltwater applications.
Tuckahoe Holdings is a Virginia-based private investment firm focused on investing in and growing middle market companies on a permanent basis.
Origin Senior Lead: Bill Doepke
Merchant Securities Inc. is pleased to announce that Information Services Corporation (“ISC”) has successfully completed the sale of its equity stake in Dye & Durham Corporation (“D&D”) for $25 million.
Origin Merchant Securities Inc. 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 and provides corporate services in other regions of Canada and abroad. ISC is listed on the Toronto Stock Exchange (TSX-ISV).
Dye & Durham Corporation is Canada’s leading provider of easy-to-use legal software and technology enabled services. Founded in 1874, and employing over 200 team members in Canada and the United Kingdom, Dye & Durham is an industry leader with an existing blue chip customer base and a leading presence in the legal services market.
Origin Merchant Securities Inc. (“OMSI”) 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: Andrew Muirhead, Mario Di Pietro
Origin Merchant Partners is pleased to announce that Building Envelope Software Techologies (“BEST”) has completed the sale of its LogiKal Division to Orgadata AG (“Orgadata”).
Origin Merchant Partners acted as exclusive financial advisor to BEST with respect to this transaction.
Building Envelope Software Technologies is value-added reseller of fenestration industry leading software solutions in North America. BEST supplements its leading software offering by providing additional value-added services including consulting, implementation, and customization of the company’s software solutions. Founded 15 years ago by Dan Andersen and professionals with backgrounds in the fenestration industry and leading IT companies, BEST has created long lasting partnerships with its customer base by delivering leading technology and value-added services across a broad customer base.
Orgadata AG is a software company headquartered in Leer, Lower Saxony, Germany. With our 350 employees around the world, Orgadata is the developer and worldwide distributor of the Logikal software solution for the fenestration industry.
Origin Senior Lead: Mario Di Pietro
Origin Merchant Partners is pleased to announce that Shaw Communications Inc. (“Shaw”) has completed its sale of Shaw Tracking assets to Omnitracs, LLC (“Omnitracs”).
Origin Merchant Partners acted as exclusive financial advisor to Shaw with respect to this transaction.
Shaw Communications Inc. based in Calgary, Alberta is a leading Canadian telecommunications company providing telephone, Internet, television and wireless communication services to consumers and businesses. Shaw has over 14,000 employees and over 6.8 million subscribers.
Shaw Tracking is a leading provider of fleet management telematics solutions in Canada. The business offers satellite and wireless based tracking equipment, as well as associated data and software solutions, primarily to the Canadian transportation and logistic industries. With over 25 years of industry leadership, Shaw tracking serves over 600 customers including some of the largest Canadian transportation and logistics companies.
Omnitracs, LLC based in Dallas, Texas is a leader of fleet management, routing and predictive analytics solutions for private and for-hire fleets. The company’s software-as-a-service based solutions to help more than 12,000 private and for-hire fleet customers manage nearly 1,100,000 mobile assets in more than 70 countries.
Origin Senior Leads:Â Andrew Muirhead, Mario Di Pietro
Origin Merchant Partners is pleased to announce that Avena Foods Limited (“Avena”) has completed its sale to Ironbridge Equity Partners (“Ironbridge”).
Origin Merchant Partners acted as exclusive financial advisor to Avena with respect to this transaction.
Avena Foods Limited is a leading supplier of pure, organic certified, gluten-free oats to the North American market through its Purity Protocol farm to table production model. Avena has an established network of over 90 gluten-free and organic oat growers across the Canadian prairies and a dedicated gluten-free and allergen-free milling facility in Regina, SK.
Ironbridge Equity Partners is a Canadian private equity firm whose strategy is to make equity and equity-linked investments in high-quality, mid-market, Canadian private companies. Target industries include consumer and business products and services, manufacturing, and distribution. The operating background of the principals enables Ironbridge to be a high-value partner to management teams as they seek to improve and grow their businesses. Ironbridge’s assets under management are over $400 million.
Origin Senior Leads: Andrew Muirhead, Jim Osler
Origin Merchant Partners is pleased to announce that Nest Wealth Asset Management Inc. (“Nest Wealth”) has received a strategic minority investment of $6 million from National Bank of Canada (“National Bank”).
Origin Merchant Partners acted as financial advisor to Nest Wealth with respect to this transaction.
Nest Wealth is an automated wealth management solutions provider that offers both direct-to-investor solutions and advanced business solutions through its Nest Wealth Pro product. Nest Wealth’s consumer solutions make it easy for investors to obtain sophisticated wealth management focused on their long-term goals without high fees, large minimums or lack of transparency. Nest Wealth’s white-labeled B2B solutions allow wealth management firms to offer simple onboarding, greater transparency and fully integrated back office and compliance functionality.
National Bank of Canada is one of Canada’s leading integrated financial groups. The Bank has more than 21,000 employees.
Origin Senior Leads: Mario Di Pietro, Rob Penteliuk
Origin Merchant Partners was retained by the Board and Special Committee of Mood Media Corporation (“Mood”) to advise and provide opinions and a Formal Valuation with respect to the Company’s US$645 million Arrangement Agreement with Apollo Global Management, LLC and GSO Capital Partners LP.
Origin Merchant Partners provided a Formal Valuation and Fairness Opinions to Mood Media Corporation with respect to this transaction.
Mood Media Corporation is a leader in elevating customer experiences. With more than 500,000 active client locations around the globe, Mood combines sight, sound, scent, social mobile technology and systems to create greater emotional connections between brands and consumers. Mood’s clients include businesses of all sizes and market sectors, from the world’s most recognized retailers and hotels to quick-service restaurants, local banks and thousands of small businesses.
Origin Senior Leads: Jim Osler, Mario Di Pietro
Origin Merchant Securities Inc. is pleased to announce that Electrovaya Inc. has successfully completed a $15 million private placement of convertible unsecured subordinated debentures.
Origin Merchant Securities acted as exclusive financial advisor to Electrovaya with respect to this transaction.
Electrovaya Inc. designs, develops and manufactures proprietary Lithium Ion Super Polymer® batteries, battery systems, and battery-related products for energy storage, clean electric transportation and other specialized applications. Electrovaya is a technology focused company with extensive patents and other Intellectual Property. Headquartered in Ontario, Canada, Electrovaya has production facilities in Canada and Germany with customers around the globe.
Origin Senior Lead:Â Mark Ernst
Origin Merchant Partners is pleased to announce that Dye & Durham Corporation has acquired OnCorp Direct Inc.
Origin Merchant Partners acted as exclusive financial advisor to Dye & Durham Corporation with respect to this transaction.
Dye & Durham Corporation is Canada’s leading provider of easy-to-use legal software and technology enabled services. Founded in 1874, and employing over 200 team members in Canada and the United Kingdom, Dye & Durham is an industry leader with an existing blue chip customer base and a leading presence in the legal services market.
OnCorp Direct Inc. is a leading provider of corporate search and registration services, due diligence, PPSA and other registry related services to legal and financial professionals, corporations and financial institutions across Canada.
Origin Senior Leads: Mario Di Pietro, Andrew Muirhead
Origin Merchant Partners is pleased to announce that Information Services Corporation (“ISC”) has acquired all issued and outstanding common shares of Enterprise Registry Solutions (“ERS”).
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).
Enterprise Registry Solutions is headquartered in Dublin, Ireland and specializes in the provision of consulting services and solutions to the commercial registry domain. Its solutions have also been used globally to implement systems that manage other legal registries such as intellectual property, securities, licenses and pension schemes.
Origin Senior Leads: Mario Di Pietro, Andrew Muirhead
Origin Merchant Partners is pleased to provide a Formal Valuation and Fairness Opinion to the Board of Directors of AQM Copper Inc. with respect to a proposed acquisition by Teck Resources Ltd. for all of the outstanding shares of AQM Copper Inc., that it does not already own.
AQM Copper Inc. is a Canadian mineral exploration company exploring and developing copper deposits in South America. Through its Peruvian subsidiary, Minera AQM Copper Peru S.A.C. (“MAQM”), the Company is developing the Zafranal Copper-Gold Porphyry Project located in Southern Peru. MAQM is the operator of a 50/50 Joint Venture with Teck Resources Limited through a sole purpose Peruvian company, Compañia Minera Zafranal. MAQM is owned 60% by AQM Copper Inc. and 40% by Mitsubishi Materials Corporation.
Origin Senior Lead: Jim Meloche
Origin Merchant Partners is pleased to announce that Woodbourne Canada Management Inc. (“Woodbourne”) has completed its acquisition of the assets of the Ontario Student Housing Portfolio.
Origin Merchant Partners acted as Financial Advisor to Woodbourne with respect to this transaction.
Woodbourne Canada Management Inc. is a leading developer and operator of, and investor in, high-quality apartments, senior housing communities and other multi-residential real estate assets in prime urban areas across Canada.
The Ontario Student Housing Portfolio is comprised of four properties spread throughout southern Ontario. Totaling 1,463 beds, the properties house students attending Queen’s University in Kingston, Georgian College in Barrie, and the University of Ontario Institute of Technology and Durham College in Oshawa. The portfolio seeks to capitalize on the lack of high-end purpose-built student housing located within close proximity to premier Canadian universities and colleges.
Origin Senior Leads: Glenn Shyba, Rob Penteliuk
Origin Merchant Partners is pleased to announce the successful sale of Dedoes Industries, Inc. (“Dedoes”) to entities established by Ashland Capital Partners. Origin Merchant Partners acted as the exclusive financial advisor to Dedoes Industries, Inc.
Dedoes is the exclusive U.S. producer of mixing, blending, formulation and storage equipment solutions for the automotive refinish industry and a leader in the worldwide market, serving the leading paint manufacturers and distributors on a global basis.
Ashland Capital Partners is a Chicago-based private investment firm devoted to investing in and growing companies in the middle market.
Origin Senior Lead: Nick Newlin
