Expansion and Growth Financing of Barber Glass Industries Inc.

Barber Glass Industries (“BGI”) is a Guelph, Ontario based state-of-the-art glass fabricator producing a full service line of glass products, but with a focus on glass products for architectural, structural and business furniture applications. BGI has been in Barber family for over 125 years and is run by the fourth generation of the Barber family.

The team from Spara Capital arranged and negotiated for growth financing for BGI to support the purchase of new machinery and equipment for the opening of a new plant in Collingwood, Ontario. Confidentiality prevents the disclosure of certain information pertaining to the transaction.

Shareholder Buyout of Fer-Pal Construction Ltd. ("Fer-Pal")

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 advantages of using trenchless ("no-dig") technology, the continued growth prospects of the Company are tremendous.

Spara assisted in all aspects of the transaction including structuring the buy-out, working with the shareholders on redefining both board level and shareholder level changes that would take place as a result of the transaction, developing a financing package that would be used to raise the requisite capital, and negotiating and generally managing the financing and documentation process.

Shareholder Buyout of Reinhart Foods Limited ("Reinhart")

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, dates, raisins, coconut, baking products, glace fruit and maraschino cherries.

The team from Spara Capital Partners Inc. acted for the family of the founding shareholder in the sale of their remaining minority interest to the majority shareholder of the business. The process included working with the sellers to establish a fair market purchase price and providing support for the purchase price through the identification of comparable transactions, and negotiating the transaction with the purchasers. Spara's involvement in the transaction resulted in a significant increase in the purchase price from the original offer made to the sellers.