On December 7, 2015, TorQuest Partners (TorQuest) and Array Canada Inc. (Array) completed the sale of Array to funds managed by The Carlyle Group (Carlyle).
Array is one of the largest North American providers of visual merchandising solutions to high-end cosmetic brands. The company delivers fully integrated store fixtures and merchandising displays.
Terms of the transaction were undisclosed.
TorQuest and Array were represented by Brian Pukier, Jonah Mann, Steven Bennett and Rachel Wasserman (M&A), Michael Kilby (regulatory), Marie Garneau and Meaghan Obee Tower (banking), John Lorito and Jill Winton (tax), Kasia Kmiec (real estate), Nancy Ramalho (employment), Aiden Talai (pensions/benefits), as well as Larry Cobb (environmental) of Stikeman Elliott LLP.
Westerkirk Capital Inc. was represented by Robert Vaux and Andrea Bettello of Goodmans LLP.
The Management of Array was represented by Neill May and Katelyn Rancourt of Goodmans LLP.
Carlyle was represented by Ilan Nissan, James Lee, Sarah Kaehler, Grant Manning and Emily Cai (M&A), Milena Tantcheva, Jonathan Forgang and John Ilardo (banking), Eric Willenbacher and Alexander Plaum (tax), Robert Hale and Timothy Holahan (employment), Natascha George and Sarah Bock (benefits), Nathan Brodeur (environmental), Kerri Garipoli and Jessica Graf (real estate) of Goodwin Procter LLP.