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.

Financing for SIR Corp.

SIR Corp. is a privately-owned company headquartered in Burlington, Ontario that is one of Canada's top foodservice and hospitality companies. SIR Corp owns over 40 restaurants throughout Canada and the US under such names as Alice Fazooli's, Jack Astor's, Canyon Creek Chophouse, The Loose Moose, Reds, Far Niente, Soul of the Vine and Al Frisco's.

Spara Capital Partners Inc. advised and assisted SIR Corp with the purchase of the minority interests in its various restaurant properties and negotiated and arranged the requisite financing. Spara Capital Partners' role included negotiating the purchase of over 65 minority partnership interests, and structuring and arranging the appropriate debt capital with CIBC Commercial Banking. This important transaction provides the foundation for SIR Corp's future growth objectives.

Management Buy-Out of Steelcare Inc.

Steelcare Inc. ("Steelcare") is a Hamilton Ontario based, privately owned company that provides warehousing, transloading and distribution services to large clients for semi-finished and finished goods in the steel industry. It has three locations throughout Southern Ontario, and services Canada's largest steel producing and transportation companies.

Spara Capital Partners Inc. arranged and negotiated for the Management Buy-Out of Steelcare. Spara Capital Partners' role included advising on the structure of the Buy-Out, and arranging the capital for the transaction.

Financing for West 49° Inc.

West 49° Inc. is a privately owned company headquartered in Burlington, Ontario and is part of the Ken Fowler Enterprises' ("KFE") group of companies. West 49° sources and markets apparel, accessories and footwear to the extreme sports enthusiast with an emphasis on skateboarding, snowboarding and surf. The Company's target customer includes tweens and teens (ages 10 through 18), which it reaches through its retail stores located across Canada.

Spara Capital Partners Inc. advised and assisted West 49° Inc. in obtaining asset-based financing to support the company's aggressive growth plans. Spara Capital Partners continues to advise other KFE companies on corporate finance and merger and acquisition initiatives.

Shareholder Buy-Out of Upper Canada Malt Company

Upper Canada Malt Company (UCM) is a Burlington-based, privately owned manufacturer of high quality malt extracts, and manufacturer/processor of natural sweeteners.  The Company primarily supplies its products to the commercial production market.

The team from Spara Capital Partners Inc. arranged and negotiated for the recapitalization of UCM to fund a shareholder buy-out.  The team's role included advising on the structure of the buy-out, and arranging the debt and equity financing for the transaction with the Bank of Montreal and BMO Capital Corporation.  The team from Spara Capital Partners Inc. will have an on-going advisory role with respect to the future growth strategies of the company.

Management Buy-out of JRM Tube Inc.

JRM Tube Inc. is a Toronto-based manufacturer of steel tube and bent bar products primarily for the automotive, fitness and commercial furniture industries.

The team from Spara Capital Partners Inc. arranged and negotiated the buy-out of JRM by management of the company.  The Spara Capital team's role included arranging appropriate debt and private equity capital from GE Capital and Macassa Capital respectively.

AluminArt Products Limited ("Aluminart")

AluminArt is a storm door manufacturer and distributor with manufacturing facilities in Brampton, Ontario and Hot Springs, Arkansas and distribution offices throughout North America.

The team from Spara Capital Partners Inc. advised and assisted in a corporate finance capacity including the structuring of term and operating credit facilities of $13,300,000 and sourcing and securing new equity of $2,750,000 from a group of private investors.