AccessSMT has sold three hardware distribution business to a PE buyer group
AccessSMT Holdings Ltd., a portfolio company of Speyside Equity, has sold Hardware Agencies, Serrubec Inc. and McGregor Hardware Distribution to Champlain Financial Corporation and GL Capital Inc.
Hardware Agencies, Serrubec Inc. and McGregor Hardware Distribution collectively operate across Canada as a premier distributor of security solutions and door hardware, including mechanical security devices, access control, exit hardware, safes and other related products to locksmiths, industrial, education, retail, institutional, commercial and other end markets.
Champlain is a Canadian entrepreneurial private equity firm focused on investing in successful and established Canadian companies. GL Capital is the family office of the Laporte family, one of the principal shareholders of BRP Inc. (Bombardier Recreational Products).
With locations across Canada, AccessSMT manufactures, installs and distributes hardware, doors, frames, construction specialty products and access control devices.
One of Oaklins’ teams in the USA served as the exclusive financial advisor to Vancouver, Canada-based AccessSMT, a portfolio company of Speyside Equity, in this transaction.
Nick Lardo
Senior Vice President, Speyside Equity
Talk to the deal team
David M. Felts
Oaklins TM Capital
Related deals
Perkbox has been acquired by Great Hill Partners
Molten Ventures has sold Perkbox to Great Hill Partners.
Learn moreArculus Cyber Security has been acquired by Bridewell
The shareholders of Arculus Cyber Security (Arculus) have sold the business to Bridewell. The deal will bolster Bridewell’s growing roster of accreditations as well as strengthen its public sector footprint, enabling the expansion of its end-to-end cyber security offering for clients across the globe.
Learn moreWhite Lab has acquired Testing
White Lab Srl. has acquired Testing Srl.
Learn more