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Mergers & Acquisitions

Vaughan Headquartered Toromont Industries to Acquire Hewitt Equipment

ToromontTORONTO & VAUGHAN, ONTARIO–(Marketwired – Aug. 28, 2017) – Toromont Industries Ltd. (TSX:TIH), a diversified industrials company providing specialized capital equipment and ongoing support to customers in various sectors, today announced that it has entered into a definitive agreement to acquire the businesses and net operating assets1 of the Hewitt Group of companies in exchange for consideration of $917.7 million cash plus the issuance of 2.25 million Toromont shares (nominally $100 million based on 10 day average share price as at signing) for a total consideration of $1.0177 billion.

Full Article: www.marketwired.com

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Markham Headquartered Citron Hygiene Acquires Vaughan Headquartered Chemsyn

Citron Hygiene vanMarkham, York Region – July 18, 2017 /CNW/ – Citron Hygiene™ is pleased to announce that it has acquired Chemsyn Chemical Corporation (Chemsyn), effective July 17th, 2017.  Chemsyn is a dominant player in commercial warewash and laundry solutions, serving a broad range of customer verticals, including foodservice, hospitality, lodging, healthcare, long term care facilities, institutions, golf and sports clubs throughout Ontario.

Full Article: www.newswire.ca

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Markham Headquartered Gaming Nation Inc. to Be Acquired by Orange Capital

Gaming NationMARKHAM, YORK REGION–(Marketwired – June 26, 2017) – Gaming Nation Inc. (“Gaming Nation” or the “Company”) (TSX VENTURE: FAN), announced today that it has entered into an arrangement agreement (the “Arrangement Agreement”) with OC Special Opportunities Fund, LP, a private investment fund, managed by Orange Capital Ventures GP, LLC (collectively, “Orange Capital’).

Full Article: www.marketwired.com

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