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Recent Transactions

The Commercial Capital Corporation is pleased to present some of its most recent successful transactions.

Fraser River Pile & Dredge

Fraser River Pile & Dredge
Company: Fraser River Pile & Dredge
Services provided: Divestiture
Description: Fraser River Pile & Dredge has been providing marine construction and dredging services since 1911. FRPD is Canada's largest marine construction and dredging contractor with operations in Western Canada and the Northwest Territories. The Commercial Capital Corporation acted as financial advisor to the shareholders of Fraser River Pile & Dredge which has been invested in by TriWest Capital Partners III, L.P. in conjunction with management.

HKMB International Insurance Brokers

HKMB International Insurance Brokers
Company: HKMB International Insurance Brokers
Services provided: Divestiture
Description: HKMB International Insurance Brokers was founded in 1888 and is a leading Canadian commercial insurance brokerage offering the full spectrum of insurance and related services including risk management advice, property/casualty, group benefits and personal lines. The Commercial Capital Corporation acted as financial advisor to HKMB International Insurance Brokers in being acquired by Hub International Limited to form HKMB Hub International.

Alumicor Limited

Alumicor Limited
Company: Alumicor Limited
Services provided: Divestiture
Description: Alumicor Limited operates in the architectural aluminum industry and manufactures store front and unitized front wall. The Commercial Capital Corporation acted as financial advisor to Alumicor in the sale of its business to HSBC Capital (Canada) Inc.

Navastone Inc.

Navastone Inc.
Company: Navastone Inc.
Services provided: Divestiture
Description: Navastone Inc. is a leading premium quality manufacturer of precast concrete products such as interlocking pavers, segmented retaining wall systems, paving tiles and slabs. The Commercial Capital Corporation acted as financial advisor to Navastone Inc. in the sale of its business to Hanson Paver Products Inc.

Edenvale Restoration Specialists Ltd. & Woodhouse Contracting Ltd.

Edenvale Restoration Specialists Ltd.
Woodhouse Contracting Ltd.
Company: Edenvale Restoration Specialists Ltd. & Woodhouse Contracting Ltd.
Services provided: Divestiture
Description: Edenvale Restoration Specialists Ltd. and Woodhouse Contracting Ltd., two of Canada’s largest independent disaster restoration providers, have merged and recapitalized in partnership with TorQuest Partners to create a platform to consolidate the highly fragmented Canadian disaster restoration industry. The Commercial Capital Corporation acted as financial advisor to Edenvale Restoration Specialists Ltd. & Woodhouse Contracting Ltd.

Gesco Industries Inc.

Gesco Industries Inc.
Company: Gesco Industries Inc.
Services provided: Divestiture
Description: Gesco Industries Inc., operating as G.E. Shnier Co., is Canada’s leading independent, national floor covering solutions company. The Company was acquired by a group led by Ironbridge Equity Partners Inc. of Toronto. The Commercial Capital Corporation acted as financial advisor to Gesco Industries Inc.

Vulcan Containers Ltd.

Vulcan Containers Ltd.
Company: Vulcan Containers Ltd.
Services provided: Divestiture
Description: Vulcan Containers Ltd.’s steel pail and metal decorating division is Canada’s second largest manufacturer of steel pails and only third-party provider of coating and lithography services. The steel pail and metal decorating division was acquired by BWAY Corporation, a market leader in the North American container industry. The Commercial Capital Corporation acted as financial advisor to Vulcan Containers Ltd.

Cousins-Currie Limited

Cousins-Currie Limited
Company: Cousins-Currie Limited
Services provided: Divestiture
Description: Cousins-Currie Limited is one of North America’s premiere and Canada’s largest blow molder of industrial packaging. The Company was acquired by Silgan Holdings Inc., a public U.S. based manufacturer of metal and plastic consumer goods packaging products. The Commercial Capital Corporation acted as financial advisor to Cousins-Currie Limited.

Therapy Supplies and Rental Limited

Therapy Supplies and Rental Limited
Company: Therapy Supplies and Rental Limited
Services provided: Divestiture
Description: Therapy Supplies and Rental Limited is a leading supplier of rental healthcare equipment and medical supplies. The Commercial Capital Corporation acted as financial advisor to Therapy Supplies and Rental Limited in the sale of its business to Shoppers Drug Mart Inc.

Retail Food Brands Inc. (44th Street)

Retail Food Brands Inc. (44th Street)
Company: Retail Food Brands Inc. (44th Street)
Services provided: Divestiture
Description: 44th Street brand of fully cooked entrees delivers a convenient and unique restaurant-quality product inspired by flavours from around the world. The Commercial Capital Corporation acted as financial advisor to Retail Food Brands Inc. in the sale of their 44th Street branded product line to Macgregors Meat and Seafood Ltd.

Alouette Bus Lines Ltd. & Alouette Transportation Ltd.

Alouette Bus Lines Ltd. & Alouette Transportation Ltd.
Company: Alouette Bus Lines Ltd. & Alouette Transportation Ltd.
Services provided: Divestiture
Description: Alouette Bus Lines Ltd. and Alouette Transportation Ltd. provides home-to-school busing and transportation, special needs transportation and extracurricular and charter trips for school and other groups in the Sudbury and “near north” regions. The Commercial Capital Corporation acted as financial advisor to Alouette Bus Lines Ltd. & Alouette Transportation Ltd. in the sale of its business to Northway Bus Lines Inc.

Earigate International Inc.

Earigate International Inc.
Company: Earigate International Inc.
Services provided: Divestiture
Description: Earigate owns a new revolutionary product solution that decreases earwax build-up. It is a physician-designed device which helps maintain healthy clean ears, safely and naturally. The Commercial Capital Corporation acted as financial advisor to Earigate International Inc. which has licensed the rights to the Earigate ear cleaning product for the United States to Prestige Brands, Inc.

Bailey Metal Products Ltd.

Bailey Metal Products Ltd.
Company: Bailey Metal Products Ltd.
Services provided: Mergers/Acquisitions
Description: Bailey manufactures interior and exterior steel framing, drywall/rims/accessories, flooring systems and suspended ceilings used in both residential and commercial applications. The company has distribution centres and/or manufacturing plants in Montreal, Toronto, Calgary, Edmonton and Vancouver. The Commercial Capital Corporation acted as financial advisor to Bailey Metal Products Ltd. in the acquisition of the steel service business of Hudson Steel Inc.

Raydan Manufacturing Inc.

Raydan Manufacturing Inc.
Company: Raydan Manufacturing Inc.
Services provided: Mergers/Acquisitions
Description: Raydan Manufacturing is a North American leader in developing and supplying innovative products to the transportation industry, all of which have gained strong market recognition and critical acclaim. The Commercial Capital Corporation acted as financial advisor to Raydan Manufacturing Inc. in the acquisition of Delta Spring & Chassis Ltd.

CashCode Co. Inc.

CashCode Co. Inc.
Company: CashCode Co. Inc.
Services provided: Divestiture
Description: CashCode develops, manufactures and sells industry leading banknote validation, recycling and storage systems to the global gaming, retail, vending, kiosk, parking/transportation and amusement industries. The Commercial Capital Corporation acted as financial advisor to CashCode Co. Inc in the sale of its operations to Crane Co. for US $86,000,000.