Calyx

ACQUISITION

(Amount Undisclosed)

Subordinated Debt

McKenna Gale provided financing to assist Wynnchurch Capital Partners in acquiring a majority interest in Calyx. The transaction was completed in partnership with the existing owner-managers of Calyx.

Based in Toronto, Calyx provides a broad range of transportation and logistics services through several operating subsidiaries, the largest of which are Muir's Cartage and National Fast Freight. Calyx' service offering is comprised of truck-load, less-than-truck load inter-modal freight forwarding, specialized high-care shipping, and international freight forwarding and logistics. Calyx' operations date back to 1883 and it currently employs over 1,000 people across Canada.

McKenna Gale was selected by Wynnchurch as their subordinated debt partner because of our team's extensive experience (including with US groups purchasing Canadian companies), our sole discretion over investment decisions and our ability to provide capital to finance future growth.