Stillwater advises Giffin Canada in its sale to Smith and Long
Stillwater Advises Giffin Canada in its Sale to Smith and Long
Stillwater Capital, a leading mergers & acquisitions advisory firm, is pleased to announce that it served as the exclusive advisor to Giffin Canada in its strategic merger with Smith and Long in April 2021.
“The Giffin team is very excited about this new venture, which will be mutually beneficial to Giffin, to Smith and Long, and our combined customer base.” Bill Giffin, President, Giffin Canada.
Giffin Canada was established in 1949 as a sheet metal manufacturer for the commercial HVAC industry and made a strategic shift to the industrial sector in the automotive market in 1965. Giffin’s accomplishments have crossed several sectors including automotive and OEM associated industries, and gas-fired combustion equipment.
“We look forward to providing the same innovative solutions and high caliber of service that Giffin’s customers have learned to expect. We’re excited to tap into Giffin’s 71+ years of multi-industry expertise.” Robert Riopelle, President, Smith and Long.
Smith and Long is the fastest growing, large-scale, multi-trade company in the Canadian market. They are uniquely positioned in the traditional fields of electrical, mechanical, and engineering services.
“This is an incredible opportunity for Giffin, and Smith and Long as this strategic merger will create a substantial multi‐trade firm offering electrical, mechanical, sheet metal, and combustion services that will help serve their clients more efficiently and ultimately lead to a bigger and stronger company” explains Don Pagnutti, Managing Director, Stillwater Capital.
Stillwater Capital acted as the exclusive financial advisor to Giffin Canada in the transaction. Don Pagnutti led Stillwater’s deal team in the transaction.
About Stillwater Capital
Stillwater Capital is one of North America’s leading mid-market M&A advisors, having completed over 100 transactions in the past 18 years. Stillwater is passionate about helping owners realize maximum value in the sale of their business. We believe that people who spend their lives building a company deserve the absolute best advice to ensure that hard work is rewarded in full. Based out of Toronto, Canada, Stillwater is a member of the world’s premier professional advisory group, Geneva Capital Group, connected to 26,000 of the world’s best legal, accounting, and M&A professionals in over 750 offices in 140 countries.
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