HALIFAX, Nova Scotia, March 4, 2026
SeaFort Capital announced a majority investment in Allmar Inc., marking a significant private equity transaction aimed at accelerating growth and operational expansion across Canada. The investment positions Allmar, a leading supplier of door and hardware solutions for commercial, industrial, institutional, and residential markets, to strengthen its national footprint while continuing to deliver industry-leading project fulfillment and customer service. Under the agreement, Allmar’s leadership team will retain a meaningful equity stake in the company, ensuring continuity in strategic leadership and preserving the organization’s long-standing operational values and market expertise.
Strategic Investment to Accelerate Growth
The investment by SeaFort Capital represents the fifth platform investment from SeaFort Capital Fund II, reinforcing the firm’s strategy of partnering with high-performing Canadian businesses with strong growth potential. Roynat Equity Partners joined the transaction as a co-investor, further strengthening the capital structure supporting Allmar’s future development. Through this partnership, Allmar will gain access to growth capital and strategic advisory support from experienced investment professionals, enabling the company to pursue expansion opportunities, enhance operational efficiency, and invest in new capabilities.
Allmar’s leadership emphasized that the partnership will help accelerate the company’s expansion strategy across Canada while preserving its Canadian identity and long-standing family-owned heritage. The organization has built a strong reputation since its founding in 1957 by Henry Redekopp, evolving into one of Canada’s most respected providers of architectural door and hardware solutions. By combining SeaFort’s financial resources with Allmar’s established market presence, the partnership aims to unlock new growth opportunities in key markets nationwide.
Strengthening Canada’s Architectural Openings Industry
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Allmar operates as one of Canada’s premier suppliers within the architectural openings industry, providing specialized products and services that support construction projects across commercial buildings, institutional facilities, industrial sites, and residential developments. The company currently operates 14 locations across Canada from British Columbia to Ontario, supported by a workforce of more than 400 experienced professionals.
Each branch features Door and Hardware Institute (DHI) trained consultants and sales representatives, enabling the company to provide expert design consultation, installation services, and project management support to clients. This specialized expertise has enabled Allmar to establish long-term relationships with architects, contractors, and developers seeking high-quality solutions for building access systems.
Industry analysts note that demand for integrated door, security, and architectural hardware solutions continues to grow alongside Canada’s infrastructure and commercial construction sectors. The ability to deliver customized products, technical consulting, and efficient project execution has become a key competitive advantage in the market.
SeaFort Capital’s Long-Term Investment Strategy
SeaFort Capital, headquartered in Halifax, Nova Scotia, focuses on investing in lower-mid-market Canadian businesses with strong operational foundations and long-term growth potential. The firm typically targets companies with earnings before interest, taxes, depreciation, and amortization (EBITDA) ranging between $2 million and $15 million, operating in sectors such as business services, value-added distribution, specialty manufacturing, equipment services, and healthcare services.
Through SeaFort Capital Fund II LP, which manages approximately $189 million in committed capital, the firm seeks to establish collaborative partnerships with management teams to accelerate growth and strengthen operational capabilities. The firm’s investment philosophy emphasizes long-term value creation, operational improvement, and strategic expansion, allowing portfolio companies to scale sustainably while maintaining their unique business identities.
In the Allmar transaction, SeaFort Capital worked with several advisors and financial institutions to structure the investment, including legal counsel from Stewart McKelvey and financing support led by CIBC as Lead Arranger and Sole Bookrunner for the company’s senior credit facilities. Additional participation in the lending syndicate was provided by Bank of Nova Scotia and Bank of Montreal.
Positioning Allmar for Future Market Opportunities
The new investment partnership aims to support Allmar’s continued evolution as a national leader in architectural hardware distribution and services. With enhanced financial backing and strategic guidance, the company plans to pursue operational improvements, expanded service capabilities, and broader geographic reach across Canadian markets.
Industry observers believe the investment will help Allmar scale its operations, expand distribution networks, and strengthen relationships with construction and infrastructure partners. As construction and infrastructure development continue across Canada, the company is well positioned to capture new opportunities in commercial and institutional building projects.
The transaction highlights the growing role of private equity investment in supporting Canadian mid-market companies, enabling established businesses to accelerate innovation, improve operational efficiency, and expand their market presence.
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Source: SeaFort Capital Inc. press release
