Origin Merchant Partners is pleased to announce that Dealnet Capital Corp. (“Dealnet”) has been acquired by Simply Group Capital Corp (“Simply Group”) in a transaction valued at $243 million. Origin Merchant Partners acted as exclusive financial advisor to Dealnet with respect to this transaction.
Dealnet is a specialty finance company servicing the $20 billion Canadian home improvement finance market through both dealer-based and direct homeowner-based originations of secured finance assets.
Simply Group provides industry leading, high-efficiency, home comfort equipment and financing solutions to customers, to modernize their residential, commercial and industrial properties.
Origin Senior Leads: Jim Osler, Lindsay Adam Weiss, Shaun Quennell