Affiliate of Balmoral Funds acquires Resco Products

March 8, 2022

On March 8, 2022, an affiliate of Balmoral Funds LLC (“Balmoral”) signed and closed on a definitive agreement to purchase Resco Products, Inc. (“Resco”), a leading refractory manufacturer, from an affiliate of Wellspring Capital Management LLC.

Balmoral is a Los Angeles, California-based private equity fund.

Miller Thomson advised the affiliate of Balmoral as Canadian counsel, alongside Vedder Price LLP as American counsel, on the transaction with a team led by Alexandre Hebert (Corporate/M&A), and comprised of Myriam Bensadoun-Amato and Ariane Buono-Guimont Corporate/M&A); Barbara Farina and Nadim Elkommos (Financial Services); Claudia Desjardins-Belisle, Isabella Gallo and Helder Santos Vieira (Employment); Adina Georgescu, Roxane Nadeau and Cassandra Modafferi (Environmental), as well as Bianka Beaulieu and Sylvie Marchand (Notary).

Our Mergers & Acquisitions (M&A) Group is a multi-jurisdictional and multi-disciplinary team of lawyers with experience on all types of transactions, advising from due diligence stages to post-closing integration. With expertise in a wide breadth of industries, including but not limited to Technology, Manufacturing, Healthcare, Life Sciences, Transportation, we help clients close their business deals efficiently and effectively. Learn more about our full suite of legal services.