Heartwood Manufacturing Ltd. & Heartwood Distributors Ltd.

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Mycroft Holdings Ltd. has made an investment in Heartwood Manufacturing Ltd. & Heartwood Distributors Ltd.

Industry:

Manufacturing

Mycroft Holdings Ltd. has made an investment in Heartwood Manufacturing Ltd. & Heartwood Distributors Ltd. MNP Corporate Finance Inc. acted as the exclusive financial advisor to Heartwood Manufacturing Ltd. & Heartwood Distributors Ltd. in structuring and negotiating this transaction.

Transaction Brief

Through the transaction, the shareholders of Heartwood were able to bring in a highly reputed financial partner with expertise in manufacturing and distribution to ensure the continued growth and success of the company.

Founded in 1985, Heartwood has grown to become one of the largest office furniture makers and suppliers in Western Canada, producing laminate office and institutional furniture. Heartwood manufactures and distributes a wide array of high-quality standard products and provides seamless integration of custom furniture to its dealer partners.

Mycroft Holdings Ltd. is a privately held investment firm specializing in the acquisition and development of Canadian operating companies with a focus on wholesale distribution and/or light manufacturing.