Collins Barrow acts as financial advisor for Granite Partners investment in SIM Digital
TORONTO, June 10, 2013 /CNW/ - Collins Barrow is pleased to announce that Granite Partners recently made a major investment in SIM Digital, allowing SIM to acquire PS Production Services Ltd. Effective May 2, the deal enables SIM to offer a full suite of complementary equipment and services that will provide television and movie production companies with one stop shopping.
With offices across the US, Canada and China, SIM is a world-class rental facility that previously specialized in digital production equipment and workflow services for the television and film industries. PS is one of Canada's largest professional motion picture and television production equipment rental houses, supplying production equipment such as cameras, lighting and cranes.
"Through our investment in SIM, we have enabled two complementary businesses to come together in order to create greater efficiency. We look forward to seeing the results of this investment and acquisition," says Doug Buchanan, Managing Director of Granite Partners. "Granite Partners assists entrepreneurs and owner-managers striving to build and realize value for their businesses and we take great pride in advancing the strategies of Canada's key players."
"Having worked with Mr. Buchanan and Granite Partners for many years, Collins Barrow has assisted this group with numerous transactions and witnessed their track record for building synergies and profitable businesses," says Vince Simonelli, Partner at Collins Barrow. "Granite's investment will have a tremendous effect in helping SIM compete more effectively to serve major studios in Canada, the US and internationally."
SOURCE Collins Barrow National Cooperative Incorporated