On February 5, 2021, private equity firm Summit Ridge Capital acquired Burloak Tool & Die Ltd. ("BTD"). 

Summit Ridge Capital, based in Toronto, acquires mid-market service, manufacturing and distribution companies in southern Ontario.

BTD, located in Burlington, Ontario has over 40 years of experience in the automotive and appliance industry specializing in the design and build of progression dies, line dies, draw dies with heavy concentration in automated and progressive tooling for heat transfer components industry.

Gowling WLG advised BTD in this transaction with a team that included Pam Vermeersch and Travis Evens (corporate) and Mark Giavedoni (real estate).