HDL arranges Wiltsie purchase by Gincor Werx

TORONTO, Mar. 1, 2024 – HDL Capital Inc. (“HDL”) is pleased to announce that it has arranged the purchase of Wiltsie Truck Bodies by Gincor Werx, HDL’s Buy-Side M&A client.

Written by: HDL Capital

Wiltsie brings expertise, tradition, and devotion in custom truck body designs. Located in Aylmer, Ontario, they offer a diverse line of rugged and dependable products, parts and service to all their customers for truck body repairs. Luc Stang, President, and CEO of Gincor Werx shared his thoughts noting that "We are pleased with the opportunity to build on the foundation of the Wiltsie family business from the Aylmer, Ontario, community. This foundation and its client base have been built by men and women who have a passion for the industry where it all happens. Welcome to the family."

Luc Stang President & CEO of Gincor Werx commented ”Gincor is very pleased to complete our second acquisition with HDL as our Buy-Side M&A Advisor. In addition to building and managing a strong funnel of targets over the past couple of years, HDL has served as a valuable extension to our Finance team, working to strengthen banking relationships and position Gin-Cor for a series of larger transactions in the coming years”.

About HDL Capital Inc.

Founded in 2009, HDL Capital Inc. ("HDL") is a boutique corporate finance advisory firm specializing in Mergers & Acquisitions and advisory services for clients across North America. The HDL team has advised on over 200 private and public transactions totaling over $2 billion in value. In addition to executing Sell-Side and Buy-Side M&A mandates, HDL is one of Canada’s only truly independent providers of well-prepared Valuations and Fairness Opinions. Visit HDL at www.hdlcapital.com

For More Information contact:

Tyler Lang, President tyler@hdlcapital.com

Vijay Malhotra, Vice President vijay@hdlcapital.com

Taj Hussain, Sr. Associate taj@hdlcapital.com