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.

Sale of The Graff Company Ltd. ("Graff")

The Graff Company Ltd. (“Graff") is a Brampton, Ontario-based, privately owned company that provides concrete cutting, scanning and demolition services in Ontario Canada. Founded in 1965, Graff is the largest provider of concrete cutting and scanning services in Ontario, approximately twice the size of its nearest competitor.

The team from Spara Capital Partners Inc. arranged and negotiated for the sale of Graff to Penhall International Corporation, a portfolio company of CHS Private Equity V LP, a $1.3 billion investment fund. Penhall is the largest concrete cutting business in the United States. Spara’s role included sourcing the buyer, structuring the transaction, negotiating the Letter of Intent and managing the due diligence process.

Sale of Firm Transportation & Distribution

Firm Transportation & Distribution Services Inc. ("Firm" or the "Company") is a non-asset-based third-party logistics provider located in Toronto, Ontario. The Company has positioned itself to be a 'one-stop' logistics provider and prides itself on its ability to transport any type of good to any location worldwide. The Company relies on truck, rail, air, and ocean freight to service its customers.

The team from Spara Capital Partners Inc. arranged and negotiated for the sale of Firm to Contrans Income Fund, a public company listed on The Toronto Stock Exchange. Through its various subsidiaries, Contrans is one of Canada's leading regional providers of transportation services.

Sale of Herbal Magic

Herbal Magic is a privately owned Southern Ontario-based franchisor of personal health counseling and herbal health supplement centres, primarily for weight loss. The Company has over 200 franchised locations through-out Canada and the United States.

Spara Capital Partners structured and arranged for the sale of Herbal Magic to Trivest Partners L.P., a private investment firm based out of Miami, Florida. Spara’s role included sourcing the buyer, structuring the transaction, negotiating the Letter of Intent and managing the due diligence process. This is the first of a number of succession and growth related transactions that Spara intends on completing in conjunction with private equity firms on both sides of the border.

Sale of Alltype Metal Stampings Ltd.

Alltype Metal Stampings Ltd. (Alltype) is a Hamilton-based manufacturer of metal racking and storage systems.  Primary clients include large distribution and warehousing companies.

The team from Spara Capital Partners Inc. arranged and negotiated for the sale of Alltype to a national manufacturer and distributor, currently engaged in the consolidation of this industry.  Alltype's leading edge technology fits well into the acquisition strategy of the acquiring company.  In turn, Alltype will benefit greatly from their broad and well-defined distribution channels and marketing expertise.

Confidentiality prevents the disclosure of certain Company and Transaction details.

Sale of EN Tool & Supply to Wentworth Technologies

EN Tool & Supply distributes power tools, cutting tools and related products and supplies to the industrial manufacturing and construction industries.

The team from Spara Capital Partners Inc. arranged and negotiated for the sale of EN Tool to Wentworth Technologies.  Wentworth Technologies is a heavy user of the products distributed by EN Tool and, therefore, this acquisition fit logically into their vertical growth strategy.

Confidentiality prevents the disclosure of certain company and transaction details.

Safety-Kleen Acquisition of Ardee

Ardee Recycling is a Toronto-based company providing collection, recycling and disposal of waste materials from the automotive, industrial, commercial and institutional industries.

The team from Spara Capital Partners Inc. arranged and negotiated for the sale of Ardee Recycling to Safety-Kleen Canada.  The Spara Capital team has specific expertise in recycling and waste management.

Azurix Corp. Acquisition of Terratec

Terratec is an Oakville-based biosolids management company servicing over 20 wastewater treatment plants and storage facilities in Ontario.  The company has primary relationships with major municipalities for the clean-up, removal, transportation, storage and application of biosolids.

The team from Spara Capital Partners Inc. arranged and negotiated for the sale of Terratec to Azurix Corp., a publicly traded company on the New York Stock Exchange.

Sale of Royal Recycling Limited

Royal Recycling is a Hamilton, Ontario based recycling company primarily in the alcoholic beverage industry.  The company also has a management consulting arm which has been involved with some major projects including being awarded the role of "Official Recycler" for the Atlanta Olympic Games.

The team from Spara Capital Partners Inc. facilitated and negotiated the sale of Royal to U.S. Liquids, Inc., a Houston, Texas based company traded publicly on the AMEX.