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.
Origin Merchant Partners is pleased to announce that MyLand Company Inc. (“MyLand”) has raised $12 million in the first closing of its Series B financing round led by Climate Innovation Capital (“CIC”) and Waterpoint Lane (“WPL”). Origin Merchant Partners was a financial advisor to MyLand with respect to this transaction.
Myland is a soil health company, helping to tackle two of the world’s biggest challenges: food security and climate disruption. MyLand’s innovative and patented technology allows farmers to rapidly implement regenerative agriculture practices and improve their soil health by harnessing the land’s own natural ecosystem. MyLand partners with farmers to infuse life into the soil, helping to return farms to their most fertile state, achieving greater productivity and enhanced profitability.
WPL manages investments in and provides strategic growth support to a portfolio of growth oriented businesses with a view to the triple bottom line – profit, people and the planet. WPL’s focus is on growth stage companies and consumer products that support and promote sustainable practices throughout our food system.
CIC invests in entrepreneurs with climate technologies and businesses that have the potential to deliver significant financial returns and the greatest carbon reductions in the shortest period of time. As founders, operators, investors and climate advisors, CIC works to leverage its team’s experience, insight and networks to be strong partners to its portfolio companies and investors.
Origin Senior Leads: Andrew Muirhead, Rob Penteliuk
Origin Merchant Partners is pleased to announce that eCycle Solutions (“eCycle”), 100% owned by Horizon Capital Holdings (“Horizon”), has been acquired by JX Nippon Mining & Metals (“JX”). Origin Merchant Partners acted as exclusive financial advisor to eCycle/Horizon with respect to this transaction.
eCycle is a leading Canadian e-waste recycler with fully-integrated operations across Canada and, by focusing on the circular economy, diverts 96% of processed e-waste from entering landfills.
Horizon Capital Holdings is an investment arm of the Martin Family Office.
JX is a leading Japan-based supplier of consumable electronic materials and part of the JX Group, a global enterprise active in a wide array of businesses including petroleum products, non-ferrous metals and specialty electronic materials.
Origin Senior Leads: Lindsay Adam Weiss, Robert Fedrock.
Origin Merchant Securities Inc. is pleased to announce that Wyse Meter Solutions has received a significant minority investment from ONCAP.
Origin Merchant Securities Inc. acted as exclusive financial advisor to Wyse Meter Solutions with respect to this transaction.
Wyse Meter Solutions Inc. (“Wyse”) provides turnkey submetering and utility expense management services to building owners, developers and property managers across Canada. Headquartered in Newmarket, Ontario, Wyse is licensed and regulated by the Ontario Energy Board, delivering its services in seven provinces.
ONCAP is the mid-market private equity platform of Onex. In partnership with operating company management teams, ONCAP invests in and builds value in North American headquartered medium-sized businesses that are market leaders and possess meaningful growth potential.
Origin Senior Leads: Rob Penteliuk, Jim Osler