Gesco Industries Inc.
INVESTMENT DATE: 2007
STATUS: Exited Investment
Founded in 1938, Gesco is one of Canada's leading national floor covering distributors. Through its operating division, Gesco Limited Partnership (Shnier), the company distributes a wide variety of flooring products including resilient sheet, resilient tile, linoleum, ceramic tile, stone and marble, hardwood, cork, laminate, carpets, area rugs, carpet cushions and underlayment, under both proprietary and licensed brands. Shnier sells its value-added products and services to 4,000 independent retailers, builders, merchandising groups, big box retailers as well as lumber and building chains. Shnier employs over 250 people and operates out of five distribution facilities located in Brampton, Calgary, Vancouver, Montreal and Dartmouth, as well as its showroom in Winnipeg.
Orbit Garant Drilling Inc.
INVESTMENT DATE: 2008
STATUS: Exited Investment (IPO)
Garant Drilling, acquired in 2006, was a leading underground drilling company servicing the Canadian mining industry. In January of 2007, Garant merged with Orbit Drilling to form Orbit Garant Drilling, and has grown into one of the largest Canadian-based drilling companies servicing the domestic and international mining industry. The Company provides underground core drilling, surface core drilling and surface reverse circulation drilling with over 136 drills and 500 employees.