We are pleased to announce the sale of our client Belshield Corporate Group, a full service third party logistics company operating under the All Can Pro Logistics and B-Line Distribution banners to MarQuee Property Partners and its affiliates, a real estate development and management company.
Springbank Capital Corp. (“Springbank”) acted as the exclusive financial advisor to Belshield Corporate Group.
About Belshield Corporate Group.:
Headquartered in the Quinte Region (Trenton & Belleville), in Ontario, Canada, Belshield Corporate Group (“BCG”) together with its subsidiaries, Belshield Properties Limited, All Can Pro Logistics Inc. & B-Line Distribution Services Inc., is a full service third party logistics company with three food grade warehouses totaling 285,000 sf of which ~92,000 sf is cooled space. The company was founded by the Belanger’s, an entrepreneurial family who has been in business in the Belleville Quinte region for over 72 years.
About MarQuee Property Partners:
MarQuee Property Partners, headquartered in Toronto, Canada is a real estate development and management company. Backed by a real estate veteran, the firm and its affiliates will provide operating, strategic, and growth planning guidance to Belshield Corporate Group.
About Springbank Capital Corp.:
Springbank brings investment banking to mid-market businesses in Canada. It offers one-on-one, customized services, an extensive and proven track record of completed deals, and an international reach – all underpinned by an understanding of and passion for what it takes to succeed in the Canadian mid-market. Springbank’s President, Jennifer Chasson, is also a Partner with Zeifmans, a Toronto-based accounting practice that combines the capabilities and world reach of a multinational, with the efficiency and service of an independent practice.