On April 4, 2022, it was announced that Massey Capital, a private investment firm, closed a deal to acquire SMS Machine Tools Limited (“SMS”), an industry-leading distributor and servicer of CNC machines and tools in Ontario and Quebec.
Representing Massey Capital in the deal was a team from WeirFoulds that included David S. Brown, Shawn English, Dana Kriszenfeld, Emma Brown (Private Equity), Stephen Doak (Banking), Robert Eisenberg (Leasing), Ruth De Sousa (Clerking), and Ryan Morris (Tax). This deal represents the 10th acquisition that WeirFoulds has completed on behalf of Massey Capital.
Massey Capital is a Toronto-based firm that focuses on investing in and acquiring mid-market private companies throughout Canada, with an emphasis in Ontario. Its investments range across custom manufacturing, distribution, and business service companies, with a stated goal to enable businesses to achieve their full market potential.
WeirFoulds is proud to have played a key advisory role to Massey Capital in this transaction and wishes Massey Capital and the SMS team the utmost success with this acquisition.
To learn more about our private equity team and to get in touch with our lawyers, visit our Private Equity overview page.