SeaFort Capital has acquired a majority ownership interest in Allmar, with Roynat Equity Partners participating as a co-investor.

Winnipeg-based Allmar, a supplier of door and hardware solutions for commercial, industrial, institutional and residential markets, said its leadership team will retain a significant equity stake in the business. The transaction will not change the company’s leadership or its focus on delivering customer value, project fulfilment and service.

Ron Jonkman, CEO of Allmar, said the partnership will help support the company’s growth plans and accelerate its expansion across Canada. [Read more]