On August 18, 2025, Argyle Capital Partners Management Inc. ("Argyle"), along with investment partners Sharno Group ("Sharno"), announced that it completed the exit of their investment in Ferro Technique Ltd. ("Ferro") to MC Machinery Systems, Inc. (“MC Machinery”). Terms of the transaction were not disclosed.

Ferro is a leading eastern Canadian multi-line distributor of machine tools, used in manufacturing sectors across Ontario, Quebec and the Maritimes.

Argyle is a Toronto-based private equity firm focused on partnering with family-owned businesses in Canada's lower middle market. It invests in traditional businesses in industrial products, manufacturing, distribution, and business services.

Sharno is an independent principal investment group and single-family office focused on identifying strategic, value-add investment opportunities across a wide range of asset classes and strategies.

MC Machinery Systems is North America's premier supplier and servicer of Mitsubishi lasers, EDMs and press brakes, along with fabrication and milling equipment.

Torys acted as counsel to MC Machinery Systems with a team led by Don Bell and that included Zehra Sheerazi, Jennifer Baugh, Jon McDonald, Tia Eisner and Logan Orr (corporate/M&A), Tom Zverina (financing), Omar Wakil and Rebecca Wagner (competition) and Steve Marshall (tax).