02 Jul 2019
Mark Rossi
Partner | Financial advisory

Raymond Chabot Grant Thornton’s Corporate Finance team is pleased to announce the successful sale of Vulcain Metal Inc. (“Vulcain”) to ISE Metal Inc. (“ISE”).

Vulcain is a leading manufacturer of high-quality steel, aluminum and stainless steel components and sub-assemblies. It is focused on serving the truck, bus, tracked utility vehicle, train, electric connector and electric enclosure markets. For over 60 years, the Saint-Jérôme-based company has established itself as the top supplier of small-batch hard-to-fabricate parts to notable blue-chip manufacturers.

ISE is a Sherbrooke-based leader in the sheet metal fabrication sector whose operations range from metal stamping to laser cutting, machining and complex assemblies with an international manufacturing footprint over 600 employees.

“For an entrepreneur, selling your business often means the conclusion to a lifelong project. Raymond Chabot Grant Thornton’s Corporate Finance advisory team tirelessly managed the transaction from beginning to end and assisted us in realizing the full value of our company”, states Luc Lusignan, Executive Vice President at Vulcain.

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Vulcain Metal is acquired by ISE Métal

“As the process was nearing the end, and fatigue and few doubts started to seep through, In Sunwoo’s support and guidance were masterful. My partner and I are very grateful to the Raymond Chabot Grant Thornton team.”

Raymond Chabot Grant Thornton acted as exclusive financial advisor to Vulcain.

To learn more about how Raymond Chabot Grant Thornton can help meet the needs of your business, please contact our deal team.

About Raymond Chabot Grant Thornton

Our leading mid-market focused corporate finance advisory team provides sector-specific advice on mergers, acquisitions and divestitures, debt and equity capital markets. We bring deep industry knowledge to each transaction to support our clients’ corporate finance strategies and priorities.

A Quebec and Canadian leader in the areas of assurance, tax, advisory services and business recovery and reorganization, Raymond Chabot Grant Thornton boasts more than 2,600 professionals. Raymond Chabot Grant Thornton is part of the global organization, Grant Thornton. Our global footprint spans across more than 135 countries with over 53,000 people who provide real insight, a fresh perspective and agility to keep clients moving ahead.

Deal Team:

Mark Rossi
In Sunwoo
Firas Ben
Rachel Goldberg

02 Jul 2019  |  Written by :

Mark Rossi is a Partner at Raymond Chabot Grant Thornton. He is an expert in Financial advisory....

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11 Apr 2019

Raymond Chabot Grant Thornton acts as exclusive financial advisor to Nature’s Touch on a refinancing transaction.

Founded in 2004 and based in Montréal, Quebec, Nature’s Touch Frozen Foods is Canada’s pre-eminent supplier of frozen fruit products. From very humble beginnings, the Company has never wavered from striving to provide their customers with the highest-quality products.

Today, Nature’s Touch employs over 450 people and processes approximately 120 million pounds of frozen fruits every year in 3 plants strategically located in Montréal (Quebec), Abbotsford (British Columbia) and Front Royal (Virginia).

The Company is also a branded player, having secured the North American license to produce Welch’s frozen fruits in 2010 and operating its own brands, Nature’s Touch and Nature’s Touch Organic. Nature’s Touch has a portfolio of over 100 different SKUs of frozen fruits, blends, smoothie kits and vegetables, both in the conventional and organics spheres.

Nature’s Touch called on Raymond Chabot Grant Thornton’s Corporate Finance team to review and optimize its financial structure. Raymond Chabot Grant Thornton acted as exclusive financial advisor to the Company, which now has a streamlined, adaptable and flexible structure that will allow it to seize new business opportunities in a very active industry.

“It was a pleasure working with Mark, Yasser and their team on our refinancing process. We were working with a tight timeline and they were able to accommodate all our requests, which helped us in closing the transaction as soon as it was possible to do so” states Maxime Boutin, CFO of Nature’s Touch. “Their knowledge of the market was a significant asset in improving our financing structure.”

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Nature’s Touch concludes a refinancing transaction to support growth

To learn more about how Raymond Chabot Grant Thornton can meet your company’s financial advisory needs, please contact our deal team.

About Raymond Chabot Grant Thornton

Raymond Chabot Grant Thornton is a Canadian leader in the areas of assurance, tax, financial advisory and business recovery and reorganization. Our leading mid-market focused corporate finance advisory team provides sector-specific advice on mergers, acquisitions and divestitures; debt and equity capital markets.

We bring deep industry knowledge to each transaction to support our clients’ corporate finance strategies and priorities. A member company of Grant Thornton International and the Canadian counterpart of Grant Thornton LLP, Raymond Chabot Grant Thornton has more than 2,500 employees and is one of the world’s largest professional services network made up of 50,000 people in over 135 countries.

 

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10 Apr 2019
Mark Rossi
Partner | Financial advisory

Raymond Chabot Grant Thornton advises Cannamedical Pharma GmbH on an equity raise to provide growth capital.

Founded in 2016, Cannamedical Pharma GmbH (‘’Cannamedical’’ or ‘’the Company’’) began operations following the legalization of medical cannabis in Germany in March 2017. As a leading independent European Union (“EU”) GMP licensed medical cannabis wholesaler, the Company is licensed to import narcotic medicines into Germany and export across the entire EU territory.

Over years, the Company has built an extensive distribution network across Germany, and employs close to 40 employees in Cologne, Germany and has subsidiaries in Canada, the United Kingdom and Greece.

Cannamedical’s commitment is aimed at safety, reliability and a quality management system that guarantees the highest possible product standards. All production partners must also meet the highest pharmaceutical quality standards worldwide – the so-called GMP guidelines (Good Manufacturing Practice).

Cannamedical called on Raymond Chabot Grant Thornton’s Corporate Finance team to support them with reviewing and optimizing their financial structure in order to access additional liquidity by way of an equity raise.

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Cannamedical concludes an equity raise for growth capital

“I would like to thank everyone at Raymond Chabot Grant Thornton who took part in our project for your professionalism in helping us with our financing’’ states Gianfranco Salerno, Managing Director Cannamedical Pharma Canada Inc. ‘’ Your implication, expertise and know-how, without a doubt, added significant value to our process.”

Raymond Chabot Grant Thornton acted as exclusive financial advisor to Cannamedical.

The proceeds from an equity investment by a US and German-based growth equity investment firm will be used to accelerate Cannamedical’s expansion plan across Europe and capitalize on new markets, further consolidating its leading position.

To learn more about how Raymond Chabot Grant Thornton can help meet the needs of your business, please contact our Corporate Finance team.

About Raymond Chabot Grant Thornton

Raymond Chabot Grant Thornton is a Canadian leader in the areas of assurance, tax, financial advisory and business recovery and reorganization. Our leading mid-market focused corporate finance advisory team provides sector-specific advice on mergers, acquisitions and divestitures; debt and equity capital markets.

We bring deep industry knowledge to each transaction to support our clients’ corporate finance strategies and priorities. A member company of Grant Thornton International and the Canadian counterpart of Grant Thornton LLP, Raymond Chabot Grant Thornton has more than 2,500 employees and is one of the world’s largest professional services network made up of 50,000 people in over 135 countries.

02 Jul 2019  |  Written by :

Mark Rossi is a Partner at Raymond Chabot Grant Thornton. He is an expert in Financial advisory....

See the profile

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20 Feb 2019

Raymond Chabot Grant Thornton advises Olly Fresco’s Canada on a growth capital financing transaction

Olly Fresco’s is a leading prepared food market concept, geared towards urban core professionals with a mission to be the neighbourhood’s “go to” breakfast and lunch favourite.

In 2009, they opened their first location in Calgary. Today, they have grown to 11 locations across the country in Canada’s busiest urban business centres while serving over 20,000 customers daily.

Olly Fresco’s offers prepared hot meals and sandwiches, vegan food and other made-to-order lunches and dinners, all provided in an efficient check-in-to-check-out experience.

The Company will use the capital obtained to accelerate its expansion plan across Canada and plans to more than double the number of stores by 2020.

Raymond Chabot Grant Thornton acted as exclusive financial advisor to Olly Fresco’s Canada.

‘’Raymond Chabot Grant Thornton accompanied Olly Fresco’s in our first capital raise. Yasser, Saki, Rachel and the Raymond Chabot Grant Thornton team were knowledgeable, professional and courteous.’’ states Dany Bitar, President. ‘’They brought value and options and helped us choose the right partner for our growth plan. We look forward to working with the Raymond Chabot Grant Thornton team again in the future.’’

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Olly Fresco’s concludes a growth capital financing transaction

To learn more about how Raymond Chabot Grant Thornton can help meet the needs of your business, please contact our Corporate Finance team.

About Raymond Chabot Grant Thornton

Raymond Chabot Grant Thornton is a Canadian leader in the areas of assurance, tax, advisory services and business recovery and reorganization. Our leading mid-market focused corporate finance advisory team provides sector-specific advice on mergers, acquisitions and divestitures; debt and equity capital markets.

We bring deep industry knowledge to each transaction to support our clients’ corporate finance strategies and priorities. A member company of Grant Thornton International and the Canadian counterpart of Grant Thornton LLP, Raymond Chabot Grant Thornton has more than 2,500 employees and is one of the world’s largest professional services network made up of 50,000 people in over 135 countries.

Our deal team for this transaction:

Yasser Waly
Saki Tzanidis
Rachel Goldberg