Yellow Point Equity Partners
Investment and Recapitalization of Canadian Industrial Mill Services
We represented Yellow Point Equity Partners in connection with the acquisition of a 50% interest in Canadian Industrial Mill Services, which closed November 10, 2011. The remaining 50% interest is held by management and employees of CIMS.
Yellow Point Equity partners is a private equity investment firm which invests in later-stage growth companies based primarily in western Canada.
CIMS is a private British Columbia based company which is a leading provider of heavy duty mechanical maintenance services, utilizing specialized labour for large plant shutdowns and complex industrial projects. It services the pulp and paper, oil and gas, mining, industrial and power generation sectors. Primarily operating in BC and Alberta, CIMS performs maintenance and repair work on boilers, reactors, precipitators, and other pressure vessels.