Part Two: The Psychology of Selling

As we discussed last month, selling a business is a highly emotional and sometimes challenging process for even the most rational and staid entrepreneur. As M&A specialists, in the past fifteen years, we have seen every; flavour, brand and size of emotion known to man – we’ve seen behaviour that would make Charlie Sheen look…

Spara Capital Invests in Basic Funerals

(Oakville, Ont.) Spara Capital, a boutique investment/merchant bank confirmed today, that  it has completed an investment in its client and partner, Basic Funerals and Cremation Choices Inc. Basic Funerals is a disruptive provider of funeral and cremation services. The size and terms of the financing were not disclosed. “This is an exciting day for our…

Part One: Growing, Selling or Riding the Clutch?

I have always believed, at a fundamental level, that the best businesses, (like the best entrepreneurs) only have two “gears”; growing and selling. Best in class entrepreneurial companies are either setting the “world on fire” by expanding aggressively into new markets and products or services with passion, drive and zeal – or they are not.  …

Sale of Looby Construction to Ellis Don

When Looby Construction began building bridges in Ontario, in 1904, there were few “horseless carriages” in rural parts of the Province. In fact the Spara Capital Partners divestiture client; a third-generation, Dublin-based Company, built those early structures exclusively for horse-drawn wagons and tractors. Today, some thousand structures later (both bridges and culverts), Looby Construction remains…

Sale of Looby Construction to Ellis Don

When Looby Construction began building bridges in Ontario, in 1904, there were few “horseless carriages” in rural parts of the Province. In fact the Spara Capital Partners divestiture client; a third-generation, Dublin-based Company, built those early structures exclusively for horse-drawn wagons and tractors. Today, some thousand structures later (both bridges and culverts), Looby Construction remains…

Sale of The Administrative Assistants Limited to Pearson PLC

Spara Capital Partners Inc. is pleased to announce the closing of its latest transaction, the sale of The Administrative Assistants Limited to Pearson PLC. aal is a Burlington, Ontario-based provider of student information systems in the worldwide K-12 school market.  Student information systems provide administrators, parents, teachers and students with information on grades, homework, attendance,…

FCC Provides Project Financing to AGRIS Solar

Spara Capital Partners Inc., an Oakville, Ontario-based investment and merchant banking firm, has arranged and negotiated a $41.375 million Project Financing Facility with Farm Credit Canada on behalf of AGRIS Solar Co-operative (“AGRIS Solar”), an Ontario-based renewable energy co-operative. AGRIS Solar is a professionally managed renewable energy-based agricultural co-operative that is 100% owned by Ontario…

Shareholder Buy Out of Fer-Pal Construction Ltd.

Fer-Pal is a highly successful Toronto, Ontario-based provider of trenchless water-main rehabilitation services to municipal governments. With revenues approaching $50 million, the Company (North America’s largest provider), leads its industry in terms of innovation capability, quality, and reputation for service. Due to the crumbling underground infrastructure throughout North America, and the significant cost and social…

Shareholder Buy Out of Reinhart Foods Limited

Reinhart Foods Limited (“Reinhart”) is a Markham, Ontario-based, multi-generational family owned business founded in 1907. Reinhart is the Canadian industry leader in the production and distribution of vinegar and related products, under the well-known Allen’s brand. In addition to vinegars, Reinhart also produces and distributes a variety of other food products such as pie fillings,…

AluminArt Acquires Arcor Windows & Doors Inc.

Arcor Windows and Doors Inc. (“Arcor”) is a Southern, Ontario-based manufacturer of custom sized vinyl windows, steel doors and patio doors suitable for the home renovation and new construction markets. Arcor effectively competes in the market place by offering a diverse product line. AluminArt Products Inc. (“AluminArt”) is a leading manufacturer of storm doors primarily…