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longmia@halifax.ca

Marco Group International has acquired Bell & MacKenzie Co Ltd, a Hamilton, Ontario-based packager and distributor of abrasives and distributor of blast equipment and parts and accessories. No financial terms were disclosed. Founded in 1972 by Richard Bell and John MacKenzie, Bell & MacKenzie operates a conveyor and packaging operation and offers a broad array of products to several end markets. Marco, a Davenport, Iowa-based maker and distributor of surface preparation equipment, parts and supplies, said the deal supports its growth in Canada. U.S. private equity firm CapStreet Group completed a majority recapitalization of Marco in 2017.
Fire Safety & Protection LLC (FSP) has acquired Georgian Bay Fire & Safety Ltd, an Owen Sound, Ontario-based life safety and property protection business. Terms weren't disclosed. Established in 1969, Georgian operates more than 60 vehicles to service fire, security and communication systems for Ontario commercial and residential customers. FSP, an Atlanta-based fire and life safety company, said the acquisition advances its goal of building a strong presence in North America. FSP was formed in 2018 by Sunny River Management, a U.S. family office private equity investor.
Beaudier Inc, U.S. private equity firm Bain Capital and Caisse de dépôt et placement du Québec (CDPQ) have agreed to sell as much as 11.5 million subordinate voting shares of BRP Inc (TSX: DOO), a Valcourt, Québec-based maker of powersports vehicles and propulsion systems. The secondary deal, priced at $43.35 per share, will generate proceeds to the selling shareholders of up to $498.5 million. With the offering's close, all three investors will continue to hold stakes in the company. BRP was acquired by the family-owned Beaudier, Bain and CDPQ in 2003. The company went public in 2013.
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