On April 4, 2022, Massey Capital, a Toronto-based private investment firm, completed the acquisition of SMS Machine Tools Limited, a leading distributor and servicer of CNC machines and tools in Ontario and Quebec. Established in 1943, SMS specializes in providing cutting-edge machine tools with customized applications across various sectors, including automotive, aviation, flow control, medical, and telecommunications. Post-acquisition, Brian Smith continues as President, and Craig Collison remains as General Manager, ensuring continuity in leadership and operations.