MBO Provides Exit for Institutional Investor
Client Profile: ACS Limited designs and manufactures custom exhaust systems, and tubular and other metal fabricated products
for Original Equipment Manufacturers. Its products are primarily used in industrial equipment, light agricultural tractors, all terrain
vehicles and commercial turf vehicles, generator sets and golf carts.
NewPoint’s Role: NewPoint was engaged as exclusive financial advisor by ACS to raise the capital required
to repurchase the equity interest held by Growthworks Canadian Fund, a leading labour-sponsored equity fund. The services provided included
initiation, negotiation, and structuring of the transaction. NewPoint continues to advise ACS on its ongoing financings and strategic acquisitions.
Transaction Snapshot: NewPoint raised the capital required to purchase the equity owned by Growthworks,
enabling the ACS Limited senior management team to own 100% of the equity in the company.
