Origin Merchant Partners (“Origin”) is pleased to announce that it acted as Financial Advisor to Armstrong Monitoring  (“Armstrong”) on its sale to Greystone Energy Systems (“Greystone”).

Armstrong Monitoring will operate within the Bemsiq Group as a wholly owned subsidiary of Greystone Energy Systems. The transaction will accelerate Armstrong’s growth and development, and secure Armstrong’s status as the innovation leader in the growing gas detection space. The team at Origin advised Co-CEOs and owners Joanne Johnson and Rod Sprules. The transaction highlights Origin’s independence and expertise in the HVACR industry. Origin’s long-standing relationship with the owners created the trust needed to assist with this important mandate for the company.

Armstrong Monitoring, founded in 1981 and based in Ottawa, Canada, designs, develops, manufactures, and services proprietary monitors, systems, transmitters, sensors, and accessories for commercial, industrial, and military gas detection applications.

Greystone Energy Systems has over 30 years of experience designing, manufacturing, and supplying HVAC sensors and transmitters for building automation management systems. Headquartered in Moncton, New Brunswick, their global family consists of 9 locations globally, including regional sales offices in Dubai, India, Singapore, and Malaysia.

Joanne Johnson and Rod Sprules, P.Eng. commented “the team at Origin has the experience to work on a variety of transactions, while also being cognizant of our needs. Their support in managing a confidential marketing process and closing our transaction was invaluable. On a personal note, we are incredibly grateful for the genuine care and constant support and availability Scott and Will provided throughout.”

Scott Sims

Origin Merchant Partners (“Origin”) is pleased to announce that it acted as Financial Advisor to the Special Committee of UGE International Ltd. (“UGE”) on the going-private transaction with NOVA Infrastructure (“NOVA”).

UGE develops, owns, and operates community and commercial solar & battery storage projects. UGE’s distributed energy solutions provide cheaper, cleaner energy to businesses and households throughout the United States. With over 500 megawatts of project experience, UGE is working daily to make renewable energy accessible and affordable for all.

Nova Infrastructure is an infrastructure investment firm that invests in environmental services, transportation, energy / energy transition, and communications sectors in North America. NOVA focuses on differentiated, value-added strategies in the highly attractive, middle market infrastructure segment. NOVA offers a unique strategic focus; detailed, bottom-up investing; significant experience and expertise; and market connectivity and deal flow.

Origin Senior Leads: Lindsay Adam Weiss, Lawrence Rhee.

Origin Merchant Partners (“Origin”) advised Nexii Building Solutions (“Nexii”) on their sale to a Private Investor Group as part of a CCAA process.

Nexii Building Solutions designs and manufactures low carbon buildings and products to reduce the climate impact of built environments. With Nexii’s breakthrough material Nexiite, Nexii enables the rapid assembly of high-quality buildings and infrastructure with reduced end-to-end carbon emissions, near zero waste and less disruption to the community.

Origin Senior Leads: Andrew Muirhead, Rob Fedrock.