Raymond Chabot Grant Thornton Corporate Finance is pleased to announce its role as exclusive financial advisor to EBSU Ltd in connection with the acquisition of Euro-Rite Cabinets Ltd.
Since 1981, EBSU Ltd (“EBSU”) has been developing and manufacturing quality and innovative residential cabinets, pre-assembled and ready to install. EBSU products are distributed in over 1,000 retail locations across North America through large renovation and hardware stores such as Lowe’s, Réno-Dépôt, Rona, BMR and Patrick Morin. Through its Ontario-based division, Woodlore, EBSU manufactures quality products for the office industry.
Founded in 1982, Euro-Rite Cabinets Ltd. (“Euro-Rite”), is a leading manufacturer of kitchen and bathroom cabinets, as well as storage systems, and is one of the largest manufacturers of ready-to-assemble cabinets in Western Canada. Through its 120,000 square foot manufacturing facility in Pitt Meadows, British Columbia, Euro-Rite services a diversified client base of dealers, contractors and real estate developers.
EBSU Ltd. continues to grow with the acquisition of Euro-Rite Cabinets Ltd.
Raymond Chabot Grant Thornton acted as exclusive financial advisor to EBSU.
EBSU called on Raymond Chabot Grant Thornton’s Corporate Finance team to advise the Company on the acquisition and the financing structure to attain its growth plan.
“Once again, the Raymond Chabot Grant Thornton Corporate Finance team was instrumental in assisting my team and I every step of the way.” states Napoleon Boucher, president of EBSU. “Their expertise in mergers and acquisitions as well as their knowledge of the debt financing markets enabled us to obtain competitive terms and conditions all whilst managing the process in a very professional manner and allowing us to benefit from their extensive network.”
The addition of Eurorite, will enable Québec-based EBSU to enhance its portfolio of custom products and further position itself as a leading supplier of large-scale residential projects. “With this acquisition in Western Canada, EBSU consolidates its leadership position across Canada,” states Napoléon Boucher. “Eurorite allows us to optimize our production, our delivery times, and our utilization of internal resources.”
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
Raymond Chabot Grant Thornton is a Canadian leader in the areas 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. Raymond Chabot Grant Thornton is Quebec’s leading professional services firm with more than 2,600 employees. As a member firm of the Grant Thornton International network and together with its Canadian counterpart Grant Thornton LLP, the firm is a member of one of the world’s largest professional services network made up of 62,000 people in nearly 140 countries.
22 Sep 2022 | Written by :
Saki Tzanidis is a financial advisory expert at Raymond Chabot Grant Thornton. Contact him today!
See the profileYou could also like to read
Next article
Raymond Chabot Grant Thornton is proud to have supported Groupe Akifer Inc. as exclusive financial advisor for the business sale process.
Groupe Akifer Inc. is the result of the merger of two companies in 2005: HGE Consultants, founded in 1982, and Mission Environnement, founded in 1999, to create MissionHGE offering integrated hydrogeological, environmental and rehabilitation services to contaminated sites. In 2014, MissionHGE changed its name to Akifer.
Akifer provides know-how and custom solutions to hydrogeological and environmental issues facing industries, businesses, cities and government. For nearly 40 years, their multidisciplinary team of professionals has been providing hydrogeological expertise. They offer various solutions to meet the needs of water and soil research, inspection, analysis and treatment.
Raymond Chabot Grant Thornton acted as exclusive financial advisor to Groupe Akifer.
Groupe Akifer Acquired by Groupe UDA
Raymond Chabot Grant Thornton acted as exclusive financial advisor to Groupe Akifer.
Groupe Akifer wished to undertake a confidential process and be accompanied at all stages of the process, including the final transaction. The Raymond Chabot Grant Thornton team carefully explained the key steps that a transaction would involve and the reasonable time frame for achieving the goal.
The consultant identified the strategic buyer early in the process. After a successful analysis and meetings, the client chose this buyer that shared the same corporate culture and complementary expertise.
About Raymond Chabot Grant Thornton
Raymond Chabot Grant Thornton is a Canadian leader in the areas 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. Raymond Chabot Grant Thornton is Quebec’s leading professional services firm with more than 2,600 employees. As a member firm of the Grant Thornton International network and together with its Canadian counterpart Grant Thornton LLP, the firm is a member of one of the world’s largest professional services network made up of 62,000 people in nearly 140 countries.
22 Sep 2022 | Written by :
Dominic Chouinard is an expert in business sales and acquisitions at Raymond Chabot Grant Thornton....
See the profileNext article
Raymond Chabot Grant Thornton Corporate Finance is pleased to announce its role as exclusive financial advisor to Luxor Collection inc. (“Luxor”) in connection with the transaction.
Founded in 1987, Luxor is a leading high-end Canadian kitchen cabinet manufacturer recognized in the industry for the quality of its products and a well-established network of distributors across Canada and along the entire East Coast of the United States. Committed to provide high quality and durable products that are eco-friendly, Luxor has developed a recognized finishing process surpassing the highest environmental standards in North America. Mastering the application of water-based paint allows Luxor to offer a unique and environmentally conscious product without compromising the high quality of its products.
Luxor called on Raymond Chabot Grant Thornton’s Corporate Finance experts to advise the Company in connection with the transaction.
Luxor Collection Inc. completes its sales process
Raymond Chabot Grant Thornton acted as exclusive advisor for Luxor Collection Inc.
“The service I received from Raymond Chabot Grant Thornton went above and beyond my expectations. Their team demonstrated a great deal of professionalism and guided us through each step of the transaction process.” says Normand Lapierre, President of Luxor Collection. “ We are extremely pleased with the outcome of the transaction and would recommend this firm to any entrepreneur seeking to sell their business.”
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
Raymond Chabot Grant Thornton is a Canadian leader in the areas 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. Raymond Chabot Grant Thornton is Quebec’s leading professional services firm with more than 2,600 employees. As a member firm of the Grant Thornton International network and together with its Canadian counterpart Grant Thornton LLP, the firm is a member of one of the world’s largest professional services network made up of 62,000 people in nearly 140 countries.
22 Sep 2022 | Written by :
Saki Tzanidis is a financial advisory expert at Raymond Chabot Grant Thornton. Contact him today!
See the profileNext article
Raymond Chabot Grant Thornton is proud to have guided Métal Presto inc. as exclusive financial advisor for the business sale process.
Founded in 1975, Métal Presto inc. manufactures steel and wrought metal structures. It employs over 40 employees in Québec City and was founded by the father of Métal Presto inc.’s current President, Claude Roseberry. Claude took over with his brothers and went on to become the sole owner in 1999.
Raymond Chabot Grant Thornton acted as exclusive financial advisor to the seller. The Company called on the firm’s financial advisory service to find a buyer with the same synergies as Métal Presto inc. in order to ensure a sound succession for the company’s future.
“By listening to our needs, our advisor understood that our highest priority was to find a buyer who was in line with our values and organizational culture, but especially, who would complement the team,” said Claude Roseberry.
After several meetings with potential financial and strategic purchasers, the buyer was found. The investors will leverage their experience in the field to provide complementary service offerings and significant administrative support, which will contribute to the company’s longevity and growth.
Métal Presto inc. Acquired by Group of Investors
Raymond Chabot Grant Thornton is proud to have guided Métal Presto inc. as exclusive financial advisor for the business sale process.
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 sales, acquisition and corporate advisory team provides sector-specific advice on mergers, acquisitions and divestitures, and on debt and equity capital markets.
We bring deep industry knowledge to each transaction to support our clients’ corporate finance strategies and priorities. Raymond Chabot Grant Thornton is Quebec’s leading professional services firm with more than 2,600 professionals. Raymond Chabot Grant Thornton is part of the Grant Thornton world organization where our global footprint spans across more than 140 countries with over 62,000 people who provide real insight, a fresh perspective and agility to keep clients moving ahead.
22 Sep 2022 | Written by :
Dominic Chouinard is an expert in business sales and acquisitions at Raymond Chabot Grant Thornton....
See the profile