TORONTO, Nov. 22 /CNW/ - ROI Capital Ltd. is pleased to announce the
recent closings of nine private placements. With the completion of these
investments, along with pending closings, ROI Capital will have invested a
cumulative total of $71.5 million in private placements in the past year,
making ROI one of the most active small and medium sized business investors in
ROI Capital invests in established, cash flow positive businesses with
strong management teams. Our investments allow Canadian companies to grow and
become more competitive in the global economy. Our capital provides companies
with, amongst other things, working capital for growth, product development,
the ability to hire new employees, ability to expand into international
markets, and to successfully facilitate succession planning.
The following is a list of the recently closed investments:
Centra Industries Inc.: Founded in 1974, Centra is a Tier I supplier of
structural, wing and landing gear components in the aero-structures business
for both commercial and military aircraft programs. Its customers include
Boeing, Spirit Aerospace, and Lockheed Martin. The company employs over 200
employees in its 131,000 sq. ft. facility in Cambridge, Ontario. ROI Capital
financing assisted the company with capital restructuring and growth capital.
Gandi Innovations Limited: Established in April 2000, Gandi designs and
manufactures state-of-the-art, technologically advanced digital printers for
the large format printing industry. Gandi has three operating facilities with
its head office in Mississauga, Ontario, and an international presence in the
United States, United Kingdom, Germany, France, India, Belgium, the
Netherlands, Poland and Dubai. ROI Capital provided financing for product
development and growth.
Mold-Masters Group: Founded in 1963, Mold-Masters is the world's largest
manufacturer of proprietary hot runner systems and components for the plastic
injection molding industry. The company, headquartered in Georgetown, Ontario,
serves customers in over 30 countries from its manufacturing facilities in
Canada, the United States, Germany, Japan, China and Brazil. ROI Capital
financing assisted the company in its capital restructuring.
General Switch Gear and Controls Limited: Established in 1992, GS&C
designs and manufactures custom built electrical switchgear and numerous other
components for various industrial and utility customers. The company is a
supplier to customers worldwide. At home it is a major supplier to Canadian
utilities such as Hydro One Networks Inc., Manitoba Hydro, BC Hydro, and ATCO
Electric. ROI Capital provided financing for growth.
Digital Specialty Chemicals Limited: Founded in 1987, DSC is an
established custom manufacturer of chemicals such as phosphorus, boron,
silicon and various organo-metallic chemicals. Located in a 40,000 sq. ft.
facility in Scarborough, Ontario, the company serves the pharmaceutical,
chemical, bio-technology and electrical industries worldwide. ROI Capital's
financing facilitated a management buy-out and provided the company with
Distinctive Designs Furniture Inc.: Established in 1941, Distinctive
Designs manufactures and distributes leather and fabric upholstered sofas,
recliners, couches and other furniture accessories. The company's head office
employs 180 people in a 29,000 sq. ft. facility in Toronto, Ontario. ROI
Capital's loan facilitated a capital restructuring and provided working
Novo Plastics Engineering Inc.: Established in 2005, Novo Plastics Inc.
is a fully integrated plastic injection molder and mold manufacturer, with a
focus on serving large integrated Tier 1 and Tier II automotive suppliers. ROI
Capital provided mortgage financing for the purchase of the company's
AF-CAN Interlink Limited: Established in 2000, AFCAN is an exporter of
used clothing to the African sub-continent, South America and Asia. The
company has 160 employees and operates out of a 76,000 sq. ft. facility in
Brampton, Ontario. ROI Capital's financing was used for working capital and to
set-up of a second operating facility.
New Solutions Financial: Formed in 1999, NSF provides short to medium
term, asset based financing for small and medium sized businesses. The
company, from its head office in Mississauga, Ontario, specializes in bridge
financing, factoring programs, equity capital raises as well as financial
advisory and corporate finance services. ROI Capital's financing provided
growth capital to the company.
About ROI Capital Ltd.
The investment professionals at ROI Capital are experts in private
placement mezzanine lending. Our private placement investments are higher
yielding than traditional senior fixed income products and are not correlated
with the public markets. Consequently, these investments offer investors
exposure to higher yields as with relief from the daily volatility of the
public markets. ROI Private Placement investments are only available within
the ROI Capital Group of Funds: ROI Fund, the ROI Canadian Retirement Fund,
the ROI Global Retirement Fund, the ROI Sceptre Retirement Growth Fund and the
ROI High Yield Private Placement Fund.
ROI has also partnered with three top North American institutional
investment managers - Sceptre Investment Counsel; Wentworth, Hauser, & Violich
and Johnston Asset Management. By combining their expertise in public market
investing/equities with our proficiencies in private placements, ROI Capital
is able to offer investors a breadth of products with unique asset mixes not
typical in other mutual funds.
For further information:
For further information: Please visit the ROI Capital website at
www.roicapital.ca or call our Director of Operations, Jasmina Jhooti at (416)
361-6162 ext. 101.