GT METAL PRODUCTS LTD.
SKYWARD EQUITY PARTNERS HAS COMPLETED ITS SECOND ACQUISITION WITH THE PURCHASE OF
GT METAL PRODUCTS LTD.
FOR IMMEDIATE RELEASE
Edmonton, Alberta – Skyward Equity Partners (“Skyward”) is pleased to announce its acquisition of GT Metal Products Ltd. (“GT Metal”). The transaction, which closed on September 22, 2023, marks the second investment by Skyward’s in the past 6 months.
For over thirty years, GT Metal has been delivering quality metal processing and custom metal fabrication for both industrial applications and consumer products. GT Metal is also ABSA-certified, offering complete mechanical and construction services. Headquartered in Edmonton, the company services clients throughout Western Canada across a number of diversified industries.
Skyward is continuing to seek acquisition opportunities in the industrial space and previously announced in August 2023 that it had signed a letter of intent to acquire a Western Canadian specialty maintenance company. This third acquisition is expected to generate immediate synergies with Skyward’s first two acquisitions.
For more information, please contact Darren Krissie (darren@gtmetal.com).
Advisors and Counsel
Raintree Corporate Finance acted as exclusive financial advisor to Skyward. Norton Rose Fulbright acted as legal advisor to Skyward.
About Skyward Equity Partners
Skyward Equity Partners is a private equity fund based in Edmonton, Alberta focused on acquiring niche industrial businesses with EBITDA ranging from $500,000 to $5,000,000. Founded by Darren Krissie, a seasoned business owner with extensive industrial experience, Skyward aims to unlock value by providing resources, scale, and executive support to its portfolio companies. The fund’s mantra, “By Business Owners, For Business Owners,” reflects Skyward’s approach of seeking win-win solutions when working with entrepreneurs who are contemplating a transaction or partnership with Skyward.