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July 3, 2018

TorQuest Partners Completes Sale of Spinrite

Toronto, Ontario, July 3, 2018 – TorQuest Partners announced today that the firm and its co-investors have completed the sale of their majority interest in Spinrite LP (“Spinrite” or the “Company”) to Comvest Partners. Terms of the transaction were not disclosed.

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June 29, 2018

Terrapure Completes Acquisition of Envirosystems Incorporated

Burlington, Ont., June 29, 2018 – Terrapure Environmental Ltd. (“Terrapure”), one of Canada’s leading providers of innovative environmental solutions, today announced it has completed its acquisition of the Canadian industrial services and waste management operations of Envirosystems Incorporated (“Envirosystems”). Terms of the deal were not disclosed.

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June 4, 2018

TorQuest Completes Sale of WSB Titan to GMS

Toronto, Ontario, June 4, 2018 – TorQuest Partners, management and co-investors announced today the successful completion of the previously announced sale of WSB Titan (“Titan”), Canada’s leading independent building supplies dealer, to GMS Inc. (NYSE:GMS), a leading North American distributor of gypsum wallboard and suspended ceiling systems. 

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April 5, 2018

GMS to Acquire WSB Titan, the Largest Wallboard Distributor in Canada

Expands GMS’s leadership position in North America through combination of the largest U.S. and Canadian wallboard distributors

Provides entry and new growth opportunities into highly attractive, fragmented Canadian market.
Combines two experienced and well-respected management teams with shared commitment to customer service and operational excellence.
The combination increases GMS’s Adjusted earnings per share by approximately 25% and Adjusted EBITDA margin by over 100 basis points on a pro forma basis.
Expect to realize at least $10 million in cost synergies within first full year following the close of the transaction.
Conference call scheduled for April 5, 2018 at 8:00 a.m., Eastern Time.

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April 2, 2018

TorQuest Partners Announces Merger of Amenity and Rubicon

Toronto, Ontario – April 2, 2018 – TorQuest Partners (“TorQuest”) today announced the merger of Amenity Holdings Inc. (“Amenity”), the second platform investment of TorQuest Partners Fund IV, and Rubicon Pharmacies Canada Inc. (“Rubicon”), two complementary operators of retail pharmacies across Western Canada. Going forward, the combined company will do business as Rubicon Pharmacies. Terms of the transaction were not disclosed.

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