Ontario Drive & Gear, Ltd.

Status: Past
Initial Investment: January 2006
Location: New Hamburg, Ontario
Website: www.odg.com
Investment Type: Recapitalization
Investment Industry: Automotive

Harvey & Company initiated a recapitalization of Ontario Drive & Gear, the world’s leading manufacturer of amphibious all terrain vehicles. Prior to the investment, the CEO/owner had a substantial portion of his net worth tied up in the company. The deal enabled him to gain liquidity while continuting to run the company as a significant shareholder. As part of the transaction, an option pool was created to incentivise the other senior executives. The company now has the backing of a well-capitalized financial partner to help grow the business through organic growth, namely the expansion of its distribution network.

 

Copyright 2018 Harvey & Company LLC. All Rights Reserved. Disclaimers Careers

Log in with your credentials

Forgot your details?