An affiliate of Equicapita Income Trust, a private equity fund, has acquired 100 per cent of the shares of Levy's Machine Works.
Based in Calgary, Alberta, Levy's is a custom design and speciality manufacturing company.
Founded in 1980, Levy's has been servicing a diverse customer base in the energy, electronics, medical, agriculture, aviation and instrumentation sectors for over 30 years.
The Levy's transaction closed on 7 May 2014.
Equicapita retained Ernst & Young and Burstall Winger Zammit as advisors. Ernst & Young provided accounting and financial due diligence support and Burstall provided legal due diligence and structuring support.
