Collins Barrow Toronto and Collins Barrow Sudbury-Nipissing are pleased to announce that Alaris Royalty Corp. (“Alaris”) (TSX : AD) entered into a new partnership agreement with SCR Mines Technology Inc. (“SCR”) effective May 23, 2013. Pursuant to the Partnership Agreement, Alaris contributed $40,000,000 to SCR. Collins Barrow acted as exclusive financial advisor to SCR. “The Partnership will provide a significant opportunity for SCR to work with the team at Alaris to expand its footprint across the many development projects in Canada that are seeking a strong and experienced contracting company to deliver on-time and on-budget,” say Rick and Claude Seguin, co-owners of SCR. “SCR is looking forward to working with Alaris and developing a strong and beneficial relationship, not just with the Alaris team, but also Alaris’ other partner companies.”

“Our success in closing this deal is clear evidence of the power of collaboration,” says Tracey Strauss, Partner at Collins Barrow Toronto and lead on the engagement. “Collins Barrow firms came together to provide a seamless experience for SCR, resulting in a highly beneficial financial arrangement that optimizes the client’s market positioning. Corporate finance and tax teams in Toronto joined forces with the talented accounting and tax professionals in Sudbury, managed by Robert Blais, to fulfil crucial roles in this engagement. Looking forward, we will continue work with member firms throughout the network to identify leads and add value through our specialized offerings.”

“The team at Sudbury-Nipissing is proud to have contributed to bringing this deal to fruition,” says Robert Blais, Partner at Collins Barrow Sudbury-Nipissing. “We provided key insights and knowledge based on our extensive experience with the mining sector, working to our strengths to ensure client success.  I’m confident that Tracey and I will continue to build this client relationship and deliver value on an ongoing basis.” 

For more information contact:

Tracey Strauss
Partner
Collins Barrow Toronto
(647) 729-2644
tstrauss@collinsbarrow.com

Robert Blais
Partner
Collins Barrow Sudbury-Nipissing
(705) 560-5599
roblais@cbsn.ca

Janice Chan
Sr. Communications Manager
Akcessia/Mayk Ideas
(647) 727-3645
janicec@akcessia.com

To tap into the power of collaboration, join your partners at the Collins Barrow National Conference in September 2013.

About Collins Barrow

Recognized as Canada’s mid-market leader for audit, tax and advisory solutions, our association of 22 independent member firms comprises the eighth largest public accounting group nationally by revenue. Through our strong network infrastructure, shared expertise, resources and offices from coast to coast, we provide clients ranging in size from large, publicly traded companies to owner-managed and emerging businesses with a full complement of professional services across every major industry sector.

About us

Through its independent member firms, the Baker Tilly Canada Cooperative provides a full complement of financial services across every major industry sector through an established platform, deep local expertise and access to the highest quality resources in the international marketplace. As an independent member of Baker Tilly International, Baker Tilly Canada and its member firms are part of a global network of 658 offices, with 43,000 people in 141 territories.