Origin Merchant Partners is pleased to announce that Davis+ Henderson Corp. (“D+H”) has completed a Divestiture of its Business Processing Businesses to The Gores Group, LLC (“Gores”).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
Origin Merchant Partners is pleased to announce that Westerkirk Capital (“Westerkirk”) has completed the sale of its interest in two regional shopping centres in Quebec. This transaction is valued at approximately $900 million.Origin Merchant Partners acted as Westerkirk’s representative with respect to this transaction.
Westerkirk Capital is a private investment firm based in Toronto. Westerkirk aims to build and own great companies over the long-term. Their focus is to provide strong management teams with the capital and expertise to pursue growth opportunities which reflect their values and aspirations.
Origin Senior Lead: Glenn Shyba
Origin Merchant Partners is pleased to announce the successful sale of certain assets of the Tool Steel Division of Steel Warehouse Company, LLC (“Steel Warehouse”) to Cincinnati Tool Steel Company Inc. (“Cincinnati Tool Steel Company”). Origin Merchant Partners served as the exclusive financial advisor to Steel Warehouse.
Steel Warehouse is one of the largest family-owned industrial concerns in the U.S. and Mexico focused on the metal service center sector. The company offers a broad range of processing services to provide production-ready steel for metal stampers, fabricators and manufacturers. Services include leveling, slitting, temper/cut-to-length, blanking/shearing, pickling and cold reduction. Steel Warehouse affiliates produce mechanical and structural grade steel tubing and fabricate medium to heavy gauge components for original equipment manufacturers. The Tool Steel Division is headquartered in South Bend, Indiana, and is operated as a master distributor of multiple tool steel products. Its processing capabilities include sawing, milling, and grinding.
Cincinnati Tool Steel Company is a value-added distributor of tool steel, powder metal and alloys based in Rockford, Illinois.
Origin Senior Lead: Bob Wujtowicz
Origin Merchant Partners is pleased to announce that Organic Meadow Inc. (“Organic Meadow”) has completed a Recapitalization.Origin Merchant Partners acted as exclusive financial advisor to Organic Meadow with respect to this transaction.
Organic Meadow Inc. is operated through a farmer co-op consisting of over 100 family farms located in southwestern Ontario. With more than 90 products sold in retail stores across the country, Organic Meadow is a leading, trusted brand in the Canadian dairy sector.
Origin Senior Leads: Andrew Muirhead, Jim Osler
Origin Merchant Partners is pleased to announce the successful sale of Addition Technology, Inc. (“Addition Technology”) to AJL Ophthalmic, S.A. (“AJL Ophthalmic”). Origin Merchant Partners acted as exclusive financial advisor to Addition with respect to the transaction.
Addition Technology is a certified ophthalmic device company, developing corneal implants for patients with moderate nearsightedness. Addition Technology offers the only FDA approved intracorneal segments for the treatment of Myopia and Keratoconus. Based in Sunnyvale, California, the company serves customers within the United States and internationally.
AJL Ophthalmic specializes in manufacturing medical products ranging from ophthalmology, airflow and craniofacial reconstruction to veterinary equipment and accessories. AJL Ophthalmic is located in Alava, Spain.
Origin Merchant Partners is pleased to announce that Sofina Foods Inc. (“Sofina”) has acquired Janes Family Foods Ltd. (“Janes”). Janes will become a wholly-owned subsidiary of Sofina.Origin Merchant Partners acted as exclusive financial advisor to Sofina with respect to this transaction.
Sofina Foods Inc. is one of the nation’s leading manufacturers of primary and further processed protein products for both retail and foodservice customers. Sofina has a broad portfolio of branded and private label pork, beef, turkey, and chicken products. Sofina’s family of branded products consists of: Lilydale, Fletcher’s, Vienna, Cuddy and Quality Meats. Sofina currently operates 12 HACCP-approved manufacturing facilities (11 in Canada and one in the northwestern United States), and has over 3,000 employees. Sofina is privately owned and headquartered in Markham, Ontario.
Janes Family Foods Ltd. produces high-quality processed chicken products (such as nuggets, strips, burgers, and fingers) and processed seafood products (such as battered haddock fillets). The Janes brand is one of Canada’s leading national retail brands in frozen chicken, and the only fish processor in North America to be fully certified by the Marine Stewardship Council for sustainably sourced seafood. The company operates two plants in Ontario and is headquartered in Mississauga, Ontario.
Origin Senior Leads:Â Jim Osler, Andrew Muirhead
Origin Merchant Partners is pleased to announce the successful acquisition of Precise Structural Products (“Precise Structural”), a business unit of L.B. Foster Company, to Cianbro Fabrication and Coating Corporation (“Cianbro”). Origin Merchant Partners acted as the exclusive financial advisor to L.B. Foster Company and Precise Structural.
Precise Structural is engaged in manufacturing fabricated steel products for the highway, bridge, transit and construction markets. Precise Structural provides custom fabrication and related services including welding, sawing, cambering, blasting and painting. Precise Structural is headquartered in Georgetown, Massachusetts.
Cianbro is a provider of heavy industrial, civil construction and construction management services based in Pittsfield, Maine.
Origin Senior Lead: Bob Wujtowicz
Origin Merchant Partners is pleased to announce the successful sale of Magna-Tech Manufacturing , Inc. (“Magna-Tech”) to CapitalWorks, LLC (“CapitalWorks”). Origin Merchant Partners served as the exclusive financial advisor to Magna-Tech and its shareholders.
Magna-Tech is the largest independent provider of vacuum impregnation sealing solutions in North America for both cast metal and electronic components. The Company also offers metal machining, leak testing, chromating, cleaning, shot blasting, sub assembly and thermal deburring services. Its customers primarily produce components for the automotive, railcar, pleasure boat, electric motor, electronic module and wire/cable industries.
CapitalWorks is a private equity firm focused on control investments in middle-market companies in the United States and Canada.
Origin Senior Leads: Bill Doepke, Nick Newlin
Origin Merchant Partners is pleased to announce that it has completed the sale of Strathcona Square Shopping Centre in a transaction valued at approximately $30 million.Origin Merchant Partners acted as exclusive advisor to the Vendor with respect to this transaction.
Strathcona Square Shopping Centre is located in south-west Calgary, Alberta. With its open-air concept and Cape Cod-like design it offers approximately 30 retail stores and services including children’s wear and toys, home décor and fashion.
Origin Senior Lead:Â Glenn Shyba
Origin Merchant Partners is pleased to announce the successful sale of F&B Mfg. Co. (“F&B”) to Thunderbird LLC, a private partnership that seeks to acquire metals-based manufacturing businesses in the United States. Origin Merchant Partners acted as the exclusive advisor to F&B and The Northern Trust Co., solely in its capacity as trustee.
F&B is a leading manufacturer of highly specialized, precision component parts and sub-assemblies for the commercial and military aerospace and semi-conductor industries, specializing in components for engines, auxiliary power units and environmental control systems. F&B has been in business for nearly 90 years and is located in Phoenix, AZ.
Thunderbird is a Chicago-based private investor group with a dedicated team of experts actively engaged in building long-term growth.
Origin Senior Lead: Nick Newlin
Origin Merchant Partners is pleased to announce the successful sale of Lanworth Inc. (“Lanworth”), a subsidiary of The Westervelt Company, to Thomson Reuters. Origin Merchant Partners acted as exclusive financial advisor in this transaction.
Lanworth provides independent intelligence on global food, feed, fuel and fiber supplies by combining daily satellite feeds, ground observations and biophysical models. Its reports on crop planting and production mitigate market risk and improve supply chain operations. Lanworth is located in Chicago, IL.
Thomson Reuters is a publicly traded company focused on providing intelligent information for businesses and professionals in the financial, legal, tax and accounting, healthcare, science and media markets.
Origin Senior Lead: Bill Doepke
