Transaction Announcement - Standard Machine & Manufacturing
Stoney Creek, ON, November, 2024: Distinct Capital Partners Inc. is pleased to announce that Standard Machine & Manufacturing (“Standard Machine” or the “Company”) has been acquired by Genesis Capital Corporation (“Genesis”). Distinct Capital acted as exclusive financial advisor to the Company and its Shareholders.
Standard Machine was founded in Stoney Creek, Ontario by Brian Dorr in 1991. Brian and his team have built the business over more than three decades specializing in high precision machining utilizing a wide array of CNC and conventional machining equipment. The Company is known for its dedication to the highest degree of quality and reliability.
Genesis Capital Corporation is a Toronto, Ontario based private equity firm. Genesis seeks to partner with experienced operators and entrepreneurs to create real value and growth in the companies that they invest in. With a focus on the mid-market in Canada, Genesis adds strategic and advisory experience to its portfolio companies.
Joe Kiervin, Managing Partner of Genesis commented that “Genesis Capital found Don and the Distinct Capital team a valuable asset in making the transaction run smoothly and representing the vendors on their behalf. We are excited to close this acquisition and begin our work with Standard Machine towards continued success and development of new markets.”
Distinct Capital Partners was engaged by the Shareholders of Standard Machine to source a buyer for their Company that would both maintain their legacy and provide an attractive opportunity for succession. Genesis was identified as the ideal purchaser to meet the Shareholders’ objectives. Distinct Capital advised the Shareholders on all aspects of the sale process including the due diligence and negotiations to successfully complete the transaction.