An affiliate of Fulcrum Capital Partners Inc., a private equity and mezzanine financing firm, acquired a majority interest in Nilex Inc. (“Nilex”). Nilex distributes geo-synthetic materials and civil environmental products and technologies, and provides related services and support. Acquisition financing in support of the deal was provided by HSBC Bank Canada – Private Equity Sponsor Coverage Group. Financial details of the transaction were undisclosed.
Blake, Cassels & Graydon LLP acted for Fulcrum with a team led by J-P Bogden and including Josh Cinnamon and Rianna Ritchie (corporate/M&A); Bahar Hafizi and Tiffany Chung (financial services); Janette Pantry (tax) and Michael Howcroft (employment). Bryan & Company LLP acted as Canadian counsel to Nilex and Nilex's principal shareholders, with a team including Patrick Bond, QC, Craig Taylor and Ameen Tejani. Liane Heggy of Schuchat, Herzog & Brenman, LLC acted as US counsel to Nilex's shareholders and Nilex's US subsidiary. John Kane, QC, of Bishop & McKenzie LLP also acted as corporate counsel to Nilex.
Members of Nilex's senior management team were also represented in relation to management-specific matters by Brian Futoransky of Field LLP.
Robert de Guzman of Dentons Canada LLP acted as counsel to HSBC Bank Canada in connection with the acquisition financing provided to Fulcrum.