The SIM Group, a supplier of production equipment and post-production services, merged with California-based Chainsaw, Inc., an independent post-production facility. Chainsaw specializes in unscripted and live event television, and services a variety of programs, including the Academy Awards and American Idol.
The merger was financed by way of extending an existing credit facility provided by the Bank of Montreal. The terms of the deal are confidential.
The SIM Group is majority-owned by investment firm, Granite Partners. Its operating units, SIM Digital, Bling Digital and PS Production Services, maintain offices across the USA, Canada and China.
The SIM Group was represented by Stikeman Elliott LLP with a team including Simon Romano, Kaleb Honsberger and Michael Decicco (corporate); and Justin Parappally and Kristina Vranjkovic (banking); and by Katten Muchin Rosenman LLP with a team including Jan Cate and Iane Saenam (banking).
Chainsaw was represented by Troy-Gould PC with a team including William Gould, Darren Freedman and Steve Mehr (corporate).
The Bank of Montreal was represented by Borden Ladner Gervais LLP with a team including Kevin McGrath and Jenna Grant (banking); and by a team from Chapman and Cutler LLP including Daniel Baker and Gregory Pealer (banking).