Granite Partners II Invests in Sibley & Associates

Private equity firm, Granite Partners II Limited Partnership, along with certain investors and senior management of Sibley & Associates, Inc., made a major investment in Sibley & Associates, a Burlington-based disability management company, on September 11, 2003. The share purchase transaction was financed by way of an equity and debt investment by Granite Partners II, certain investors and Sibley management, and a term loan and working capital facility provided by TD Bank. The terms of the deal are confidential.

Granite Partners II was represented by Stikeman Elliott LLP, with a team that included Simon Romano, Andrew Grossman and Trent Mell (corporate/securities), Jennifer Legge and Steven Portelli (banking), Joanne Swystun (tax) and Julie Thibault (employment). Sibley & Associates was represented by Beard Winter LLP in Toronto, with a team that included George Crossman and Paul Greven. TD Bank was represented by McLean & Kerr LLP in Toronto, with a team that included Jim Blake, Q.C., and Michael Skiba.