PFM Capital, BDC Capital and Roynat Acquire Majority Stake in Sexton Family of Companies

Sagard PE, Fondaction and Roynat Invest in Courchesne Larose Group

December 20, 2022

Food & Beverage

Sagard Private Equity Canada has made a significant growth investment in Courchesne Larose Group, joined by Fondaction and Roynat Equity Partners, to support the company's expansion beyond Quebec and the Maritimes. The Routhier Monette family and management remain shareholders, and the transaction is supported by several lenders including National Bank of Canada, CIBC, Scotiabank and Royal Bank of Canada.

PFM Capital and Roynat Invest in Surface Hair (GHC Systems Inc.)

February 14, 2022

Consumer Products

PFM Capital Inc., on behalf of the Apex III Investment Fund and SaskWorks Venture Fund, together with Roynat Equity Partners invested in GHC Systems Inc. (doing business as Surface Hair) to support the brand’s growth and expansion. The capital will be used to accelerate product innovation, increase brand awareness, and support Surface’s salon-focused distribution and education initiatives.

SFW Capital Partners Completes Majority Recapitalization of Pion Inc.

May 20, 2021

Medical Devices

SFW Capital Partners completed a majority recapitalization of Pion Inc., a Billerica, Massachusetts-based provider of analytical instrumentation, software, reagents and services for pharmaceutical formulation development and quality control. Founders Mike and Sharon Kelly are reinvesting and will retain an ownership stake while Brian Dutko was named CEO as the company pursues product development, international expansion, enhanced sales and marketing, and strategic acquisitions.

TFI International Acquires D&D Sexton

November 29, 2021

Trucking & Fleet

TFI International has acquired D&D Sexton, a family-owned refrigerated trucking company based in Carthage, Missouri. D&D operates more than 120 tractors and nearly 400 trailers, employs roughly 150 drivers plus ~40 non-driving staff, generates annualized revenue in excess of $25 million, and will join TFI’s CFI operating group to expand its temperature-controlled capacity and local/shuttle capabilities.

CD&R Acquires Significant Stake in Foundation Building Materials

January 31, 2024

Building Products

Funds managed by Clayton, Dubilier & Rice (CD&R) have acquired a significant ownership position in Foundation Building Materials, Inc. (FBM) from affiliates of American Securities, with American Securities retaining a majority stake. FBM, a leading North American distributor of specialty building products headquartered in Santa Ana, California, operates 300+ branches and employs more than 5,600 people; the investment will support the company’s continued growth, product/service expansion and digital initiatives.

LDC Acquires Sohonet from FPE Capital

March 4, 2021

Media & Entertainment

UK private equity firm LDC has invested in Sohonet, a London‑based provider of connectivity, collaboration software, media services and network security for the media & entertainment industry. The transaction sees FPE Capital sell its stake in Sohonet to LDC; the investment will support Sohonet’s international growth strategy, product development and potential complementary acquisitions.