Riverside acquires SureWerx from Penfund

02 November 2018

On November 2, 2018, The Riverside Company ("Riverside") acquired SureWerx from Penfund.

Co-headquartered in British Columbia and Illinois, SureWerx™ is a leading supplier of professional tool, equipment and safety products for workers. SureWerx markets its products in Canada under the JET®, Strongarm®, ITC®, STARTECH®, Pioneer®, Ranpro®, PeakWorks®, and Sellstrom® brands, and in the United States under the American Forge & Foundry®, Pioneer, Ranpro, PeakWorks, and Sellstrom brands. 

Riverside is a global private equity firm focused on making control and non-control investments in growing businesses valued at up to $400 million. 

Gowling WLG was Canadian counsel to Riverside on this acquisition with a team that was led by Jonathan Behar, Peter Doelman and Stefan McConnell and that included, among others, Braden Lauer (corporate); Paul Carenza and Anita Yuk (tax); Elizabeth Burton, Marie-France Beland and Reagan Chornoboy (financing); Ian Macdonald (competition); Harman Bains (real estate); Margaret Fitzpatrick (trademarks); and Maxwell Brunette and Jonathan Lam (employment).


NOT LEGAL ADVICE. Information made available on this website in any form is for information purposes only. It is not, and should not be taken as, legal advice. You should not rely on, or take or fail to take any action based upon this information. Never disregard professional legal advice or delay in seeking legal advice because of something you have read on this website. Gowling WLG professionals will be pleased to discuss resolutions to specific legal concerns you may have.

Team

Download or print PDF