Track Record
of Success

Stormont Capital Advisors is pleased to announce the following successful transaction in the Energy Services (Rentals) market segment.

October 26th, 2021 – Cross Country Infrastructure Services Inc., a portfolio company of Odyssey Investment Partners, announced the divestiture of its Canadian operations. The newly formed company will be branded as “Cross Country Canada Rentals and Supplies” under new ownership of Tim Martin and equity partner, Kade Demuth.

The transaction allows the parent company to capitalize on its initial investment, fund
strategic initiatives, and drive further growth in the US market. The Canadian management
team intends to diversify into collateral markets such as Mining, Transportation, Railroad,
Civil and Agriculture.

Stormont acted as the exclusive financial advisor to Cross Country’s shareholders, performing the following activities:
 

• Identified suitable target buyers
• Managed a competitive process with multiple counter-parties
• Negotiated commercial terms
• Managed due diligence
• Coordinated stakeholders to Closing

Learn more about this transaction here: https://crosscountryis.com/pdf/CCIS Press Release – Canada Divestment.pdf