Krystal Growth Partners Announces Sale of Smith Cameron Group

Krystal Growth Partners (“Krystal”) is pleased to announce the sale of Smith Cameron Group (“Smith Cameron”) to a US-based strategic buyer on July 2, 2021.  Tom Kramer, who acquired Smith Cameron along with Krystal in 2011, will continue as President under the company’s new ownership.

The sale of Smith Cameron to a strategic buyer is a very successful conclusion to Krystal’s 10-year partnership with Tom and the Smith Cameron management team.  During that time, the company made six acquisitions and grew sales and EBITDA at a CAGR of over 13% and 24%, respectively.

“Although we are excited about joining an industry leader and see continued growth in our future, the past 10 years have been incredibly exciting ones,” said Tom Kramer.  “Krystal has been a great partner and instrumental on many levels in getting us to where we are today.  We are very grateful for the support they have given us.”

Fort Capital Partners served as financial advisor and Fasken Martineau DuMoulin LLP served as legal advisor to the sellers.

Latest News

Krystal Growth Partners Announces Strategic Investment in Stonz Wear Inc.

Krystal Growth Partners ("Krystal") is pleased to announce its recent investment in Stonz Wear Inc. ("Stonz"), an innovative brand of all-weather kids footwear and apparel designed so families can spend…

READ MORE
Krystal Growth Partners welcomes Circle Wellness to its portfolio

Circle Wellness is an evolution in wellness and has created the first private self-guided thermal spa Circuit experience of its kind worldwide.  Circle Wellness’ mission is to create unparalleled wellness…

READ MORE
Matt Allemang Joins Krystal Growth Partners

Krystal Growth Partners (“Krystal”) is pleased to announce Matt Allemang has joined our firm as Associate. “We saw firsthand the teamwork and dedication that Matt brought to the table over…

READ MORE