Founders Advantage Capital Corp. Acquires 50% Interest in Astley Gilbert LimitedOctober 31, 2017
Founders Advantage Capital Corp., a TSX Venture Exchange listed investment issuer (TSXV:FCF), completed its acquisition of a 50% interest in Astley Gilbert Limited, a full-service print and imaging solutions provider, for $24.7 million.
Astley Gilbert has 13 locations across Ontario offering non-traditional digital printing and imaging solutions to over 6,000 active customers in a wide range of industries. Astley Gilbert has the largest market share for architectural, engineering and construction reproductive printing in Ontario and additionally provides digital print services, high-end brochures, variable data printing, large format graphic displays, online data storage and management solutions, warehousing and logistics and vehicle wraps.
Wildeboer Dellelce LLP acted as counsel to the vendors in connection with the transaction with a team that included Sanjeev Patel, Michael Rennie and Alexandra Meffe (corporate/mergers & acquisitions).