GDI Receives Final Court Approval of Previously Announced Plan of Arrangement

Executive Summary

• The Superior Court of Québec issued a final order approving GDI Integrated Facility Services Inc.’s previously announced plan of arrangement.
• Under the arrangement, an entity affiliated with Birch Hill Equity Partners Management Inc. and Gestion Claude Bigras Inc. will acquire all outstanding subordinate voting shares (except those already owned by Birch Hill) at $36.60 cash per share.
• Subject to customary closing conditions, the transaction is expected to close in early March 2026.

Key Details

• Court Approval: Final order from the Superior Court of Québec (Commercial Division) confirming the plan of arrangement under the Canada Business Corporations Act.
• Acquirer(s): Entity affiliated with Birch Hill Equity Partners Management Inc. and Gestion Claude Bigras Inc.
• Purchase Price: $36.60 cash per subordinate voting share of GDI.
• Shares Covered: All issued and outstanding subordinate voting shares not already beneficially owned by Birch Hill.
• Closing Timeline: Anticipated completion in early March 2026, pending satisfaction or waiver of customary closing conditions.
• Transaction Structure: Share purchase arrangement; cash consideration; no mention of additional securities, earn‑outs, or contingent payments.

Notable Quotes

(No direct quotes were provided in the release.)