On April 14, 2022, K&Y Diamond Ltd. (“K&Y Diamond”) announced the completion of a major investment in the company by Mach Capital Inc. (“Mach Capital”), a family-based private equity firm. Financial terms were undisclosed.
Founded in 1976, Montreal-based K&Y Diamond is a leading manufacturer of high-quality ultra-precision diamond tools recognized worldwide which has evolved to become a key supplier of PCD, PCBN and single crystal diamond tools used for precision machining, form tools, and wear parts.
Miller Thomson advised K&Y Diamond with a team led by Philipp Park (Corporate/M&A) and comprised of Louis-Philippe Borduas, Emily Cruz Isgro, Myriam Bensadoun-Amato, and Ariane Buono-Guimont (Corporate/M&A); Andrew Etcovitch (Corporate Tax); Barbara Farina and Luc-Antoine Manneh (Financial Services); Claudia Belisle Desjardins and Helder Santos Veira (Employment); Adina Georgescu, Cassandra Modafferi and Roxane Nadeau (Environmental); as well as Steven Chaimberg (Real Estate).
Our Mergers & Acquisitions (M&A) Group is a multi-jurisdictional and multi-disciplinary team of lawyers with experience on all types of domestic and cross-border transactions. With expertise in a wide breadth of industries including Private Equity, Technology, Manufacturing, Healthcare, Life Sciences, and Transportation, we help clients close their business deals efficiently and effectively. Learn more about our full suite of legal services.