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Building Controls & Solutions completes add-on investment through the acquisition of Yorkland Controls Limited

Fasken
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Overview

Client

Building Controls & Solutions and LKCM Headwater Investments

On April 1, 2024, Building Controls & Solutions ("BC Solutions, LLC" or the "Company"), through its subsidiary BC Solutions - Canada, Ltd., successfully completed an add-on acquisition of Yorkland Controls Limited by way of a share purchase agreement. 

BC Solutions, LLC is a portfolio company of LKCM Headwater Investments ("LKCM"), a Texas-based private investment firm. The acquisition will strengthen the Company's presence and capabilities in the Canadian market. The combined entity will be positioned to set new standards in building automation and parts distribution and to deliver cutting-edge technology solutions to local markets across North America.

Fasken provided Canadian legal counsel to LKCM and BC Solutions, LLC with an advisory team led by Alex Nikolic. The team included Fatima Husnain, David Pivrnec, Kathryn McCoy (Articling Student) (Corporate/Commercial); Mitchell Thaw and Katerina Ignatova (Tax Law); Aaron Stefan and Lu Chen (Banking & Finance); Christian Paquette (Labour, Employment & Human Rights); and Ross Gascho and Allyson Marta (Pensions and Benefits).

Jurisdiction

  • Ontario

Team

  • Alex Nikolic, Partner, Toronto, ON, +1 416 865 4420, anikolic@fasken.com
  • Fatima Husnain, Associate, Toronto, ON, +1 416 865 5149, fhusnain@fasken.com
  • David Pivrnec, Associate, Vancouver, BC, +1 604 631 4812, dpivrnec@fasken.com
  • Kathryn McCoy, Associate, Toronto, ON, +1 416 868 7808, kmccoy@fasken.com
  • Katerina Ignatova, Associate, Toronto, ON, +1 416 868 7852, kignatova@fasken.com
  • Aaron J. Stefan, Partner, Toronto, ON, +1 416 868 3514, astefan@fasken.com
  • Lu Chen, Partner, Toronto, ON, +1 416 868 3483, lchen@fasken.com
  • Christian Paquette, Partner, Toronto, ON, +1 416 865 5148, cpaquette@fasken.com
  • Ross A. Gascho, Partner | Leader, Pensions and Benefits, Toronto, ON, +1 416 865 5447, rgascho@fasken.com