MONTREAL, QC, Nov. 13, 2015 - Mater Inc., a manufacturer of maple water based spirits and beverages, announced that it has sold a minority stake of the company to a strategic investor. The investor is expected to assist the company in gaining access to the European and Asian markets for specialty beverages.
"We are very excited to have been able to conclude this transaction. This relationship will open a number of doors for Mater and allow us to better deploy our strategy for Asia," said Carl Dufour, CEO of Mater Inc.
The terms of the transaction were not disclosed publicly.
IJW & Co. acted as the exclusive corporate finance adviser to Mater Inc. while Robic LLP. acted as legal counsel. Osler, Hoskin & Harcourt LLP acted as legal counsel to the strategic acquirer.
About Mater Inc.
Founded in 2015 by Carl Dufour, Mater Inc. is a manufacturer of high quality maple water based spirits and beverages. The company is headquartered in Joliette, Quebec.
About IJW & Co. Ltd. (www.ijw.ca)
IJW & Co. Ltd. is a Canadian-based corporate finance boutique, providing strategic advice on mergers, acquisitions, corporate finance, and business valuation services to mid-market and early-stage tech companies. Founded in 2004, IJW has since become one of the fastest growing corporate finance boutiques focused on tech in Montreal.
SOURCE: IJW & Co.