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SeaFort Acquires Majority Stake in Allmar Doors

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SeaFort Capital has acquired a majority stake in Allmar, a Winnipeg-based supplier of door and hardware solutions for commercial, industrial, institutional and residential markets. The deal marks SeaFort's fifth platform investment from its second fund. Roynat Equity Partners co-invested alongside SeaFort, though financial terms were not disclosed.

Allmar, founded in 1957 by Henry Redekopp, operates 14 locations across Canada with more than 400 employees. The company serves the architectural openings industry, providing products and services to commercial and residential clients. CEO Ron Jonkman will retain a significant equity interest and lead the existing leadership team, ensuring continuity in operations.

The investment positions SeaFort to capitalize on Allmar's established market presence and growth opportunities across Canada. Legal advisors included Stewart McKelvey for SeaFort and Thompson Dorfman Sweatman for Allmar, while CIBC led the senior credit facilities with Bank of Nova Scotia and Bank of Montreal participating in the lending syndicate.