On June 5, 2025, Lorne Park Capital Partners Inc. entered into a definitive arrangement agreement pursuant to which an affiliate of Sagard Private Equity Canada will acquire all issued and outstanding shares of Lorne Park and take the company private in a transaction that values Lorne Park’s equity at approximately $126.8 million. Following the closing of the transaction, Robert Sewell and the rest of the company’s current management team will continue to lead the company and the company will continue to be majority owned by management and advisors.

BMO Capital Markets is acting as financial advisor to Lorne Park Capital Partners Inc., while KPMG is advising the special committee. KPMG was paid a fixed fee for its services and is not entitled to any success-based compensation. WeirFoulds LLP is serving as legal counsel to both Lorne Park Capital Partners Inc. and the special committee. Cassels Brock & Blackwell LLP is acting as legal counsel to the management rollover shareholders.

On the purchaser's side, RBC Capital Markets is acting as financial advisor to Sagard Private Equity Canada (SPEC) and the purchaser, with Stikeman Elliott LLP serving as their legal counsel.

The deal is expected to close in the third quarter of 2025.