PRESS RELEASE | RICHTER ACTED AS EXCLUSIVE SELLER ADVISOR TO MÉCANIQUE CNC INC.

Richter acted as exclusive seller and tax advisor to Mécanique CNC Inc., a leader in the industrial construction sector in Quebec, in the context of the transaction for the acquisition of Mécanique CNC Inc. by the Thornhill Capital group, an investor partner and operator of choice, bringing together renowned companies such as Allen entrepreneur général, CWA mécanique de procédé, Forages Nella, Kolostat and Krome.

This transaction was led by Joe Lo Dico and Ben Campagnale, and supported by Michel Reinhardt, shareholder advisor, and Jean-François Coutu as tax advisor. Richter would like to congratulate Daniel Sirois, André Beaulieu and the CNC team, and wishes success to Mécanique CNC Inc. in this decisive stage of its development, for which the strategic positioning will ensure the expansion of its cutting-edge expertise on the Quebec and Canadian market, to the greatest benefit of its clients.

About Mécanique CNC Inc.

Founded in November 2002 by a multidisciplinary team with complementary skills in industrial construction specialities. Experts bonded with unfailing commitment because they are also co-owners of their enterprise, which brings them to work together to surpass themselves for customers complete satisfaction.

About Thornhill Capital

Thornhill Capital is a specialist investment company, offering a full range of solutions to companies facing significant management, growth and financing challenges.

About Richter

Richter is a Business | Family Office that provides strategic advice on business matters and on families’ financial and personal objectives across generations. With close to 100 years of experience advising at the intersection of family and business, Richter has developed an integrated approach to help business owners find sustainable success. Whether business, personal, or both, Richter is uniquely positioned to address the needs of Canada’s most successful entrepreneurs, private clients, business owners and business families and help them chart a clear path to shape their legacy for the future. Founded in 1926, Richter’s 600-person multidisciplinary team continuously innovates to create value for our people, clients, and community in Canada and in the US.