CAI Fund Acquires Dynaplas and Dynalease

CAI Capital Partners II, along with certain members of the current senior management of Dynaplas Ltd., acquired Dynaplas and Dynalease Ltd., the Toronto-based manufacturers of plastic injection-moulded auto parts. The share purchase transaction was financed by way of an equity and convertible debt investment by the CAI fund and management investors, and a term loan and working capital facility provided by CIBC. The deal closed on March 11, 2003 and its terms are confidential.

CAI was represented by Stikeman Elliott LLP, with a team that included Simon Romano and Chris Flood (corporate), Jennifer Legge and Kelly Niebergall (banking), John Lorito (tax), Julie Thibault (employment), Ruth Horn (real estate) and Larry Cobb (environmental). McMillan Binch LLP represented Dynaplas and Dynalease, with a team that included Frank Archibald, Mark Opashinov and Mark Young (corporate) and Todd Miller (tax). Elizabeth Breen, Martha McKinnon, Rachel Conway, Linda Kwak and Enzo Sallese of Gowling Lafleur Henderson LLP acted for CIBC.

Lawyer(s)

Julie Thibault Larry Cobb Simon A. Romano Jennifer G. Legge Frank A. Archibald Todd A. Miller Christopher Flood John G. Lorito Elizabeth Breen Kelly Niebergall Martha L. McKinnon Mark Opashinov Rachel C. Conway Mark D. Young Ruth A. C. Horn Enzo Sallese