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Equicapita Income Trust

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Equicapita Announces Acquisition of A&R Metal Industries Ltd.


Equicapita Income Trust and Equicapita Income LP (collectively “Equicapita” or the “Fund”) are pleased to announce the acquisition of a 100% equity ownership of A&R Metal Industries Ltd. (“A&R”), a leading B.C. based metal parts manufacturer, by an affiliate of the Fund.

Calgary, Canada, January 05, 2015 --(PR.com)-- Equicapita Income Trust and Equicapita Income LP (collectively “Equicapita” or the “Fund”) are pleased to announce the acquisition of a 100% equity ownership of A&R Metal Industries Ltd. (“A&R”) by an affiliate of the Fund. Established in 1969, Richmond, B.C. based A&R is a leading manufacturer of high quality metal parts. Working from a 70,000+ square foot facility, A&R currently supplies the North American Class 8 truck market with a variety of custom trim parts, as well as other specialty manufactured parts for a number of industries, including automotive, commercial and agricultural applications.

“We are extremely pleased to have successfully completed the acquisition of A&R Metal Industries Ltd.,” said co-founder, Greg Tooth. “A&R provides us with an excellent opportunity to continue to execute on our investment strategy. A&R is a well-established Western Canadian business with over 40 years of operating history, in a very stable industry. A&R has a long-dated history of consistent profitability and cash flows, strong customer and supplier relationships and, perhaps most importantly, is led by a highly experienced and capable management team. These factors represent cornerstones of our investment strategy. We are very excited to be the new owners of A&R Metal Industries and look forward to working with the existing management team and employees to provide the highest quality products to our customers.”

The A&R transaction closed on December 31, 2014. Equicapita retained Burstall Winger Zammit (“BWZ”) and BDO Canada LLP (“BDO”) as advisors. BWZ provided legal and tax due diligence and structuring support and BDO provided tax and financial due diligence support.

About Equicapita - Founded in 2013, Equicapita is a private company buyout fund based in Calgary, Alberta focused on acquiring private, Western Canadian businesses with enterprise values ranging from $5 million to $20 million. This investment represents Equicapita’s third portfolio company investment. For more information please contact:

Greg Tooth - Director
Tel: 587.887.1527
E-mail: gtooth@equicapita.com

Forward looking information - This news release may contain certain information that is forward looking and, by its nature, such forward-looking information is subject to important risks and uncertainties. The words "anticipate," "expect," "may," "should" "estimate," "project," "outlook," "forecast" or other similar words are used to identify such forward looking information. Those forward-looking statements herein made by Equicapita, if any, reflect Equicapita's beliefs and assumptions based on information available at the time the statements were made. Actual results or events may differ from those anticipated or predicted in these forward-looking statements, and the differences may be material. Factors which could cause actual results or events to differ materially from current expectations include, among other things: risks associated with the ownership and operation of businesses, including fluctuations in interest rates; general economic conditions; supply and demand for businesses; competition for available businesses; changes in legislation and the regulatory environment; and international trade and global political conditions. Readers are cautioned not to place undue reliance on any forward-looking information contained in this news release (if any), which is given as of the date it is expressed herein. Equicapita undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise.
Contact Information
Equicapita
Greg Tooth
587.887.1527
Contact
www.equicapita.com

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