DENVER – SLATE Partners (SLATE) announced that its Principals advised LMT Group Inc. (LMT), a portfolio company of Calvert Street Capital Partners, on its sale to Muraflex, a provider of architectural glass wall solutions and portfolio company of Aliante Partners.
Founded in 1972 and headquarted in Longueuil, outside Montreal, Canada, LMT is a value-added provider of architectural frames, doors, hardware, and intelligent objects. The company combines in-house hollow metal manufacturing with product distribution and a full suite of technical project management services, including estimation, project drawing, specification writing, hardware consulting, and installation management. Serving an array of end markets, clients, and project sizes throughout the attractive Quebec new construction market, LMT is regarded as the region’s leading provider for high-end, complex projects. “With the pandemic driving major private and public investment in Canada’s infrastructure, LMT’s vertically integrated offering, comprehensive product portfolio, and value-added services uniquely position the Company to capitalize on the current industry tailwinds. The partnership between LMT and Muraflex offers a unique one-stop door and wall solution to serve the Canadian and U.S. markets,” commented Aaron Bachik, co-founder and Managing Partner of SLATE Partners.
Alain Dumont, CEO of LMT Group, stated, “SLATE was instrumental in navigating a complex due diligence and negotiation process that required patience and creative problem solving. Their deft approach to the M&A process resulted in an outstanding result for LMT and its shareholders and a mutually beneficial partnership for LMT and Muraflex.”
Mike Booth of Calvert Street Capital Partners further remarked, “We interviewed a number of advisors but ultimately selected SLATE based on their building products experience and their thoughtful approach to the process. SLATE played a major role in delivering an outcome above our expectations and they were always highly responsive and professional. SLATE is one of the best boutique investment banks in the lower middle market. I would be thrilled to work with them again.”
