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History

Titan Supply LP has been in business in Western Canada for over 40 years. Titan has evolved from four predecessor companies, Manco, Alberta Chain, Strongco, and Wire Rope Industries’ distribution business.

Manco was formed in 1968 as a distributor of blades and teeth for heavy equipment. These are known in the industry as ground engaging tools (“GET”). Alberta Chain, formed in 1976, was a distributor and fabricator of chain, wire rope and nylon lifting slings (“Rigging”). These businesses were acquired by Strongco Inc. in 1990 and 1998 respectively.

In September 2002, the management team of Strongco Supplies, together with its partner HSBC Capital, acquired Strongco’s supply business and renamed it Titan Supply Inc. Following the purchase, Titan continued to focus its Alberta business around the historic and complementary product offerings of Rigging and GET products.

In October of 2006, Newport Partners Income Fund acquired Titan Supply Inc. The company was re-structured as a limited partnership with management retaining ownership in the company. Newport Partners Income Trust Fund makes long-term equity investments in successful Canadian private businesses with proven entrepreneurs who love their business and are motivated to keep growing.

June 2011 (Toronto, Canada) – Newport Inc. is pleased to announce that its shareholders have approved a name change to the company at its Annual Meeting of Shareholders held on June 29, 2011 in Toronto, Canada. The company will be named Tuckamore Capital Management Inc. to be marketed under the name Tuckamore Capital.

Tuckamore Capital (Newport Inc.) is a publicly traded diversified fund that invests in successful Canadian private businesses. They have invested over $700 Million in successful private businesses since their inception in 2004. As of June 29, 2011 there were 71,631,431 total shares outstanding.

For more information on Tuckamore Capital, please visit www.tuckamore.ca.

 

 

Titan Supply LP has been in business in Western Canada for over 40 years. Titan has evolved from four predecessor companies, Manco, Alberta Chain, Strongco, and Wire Rope Industries’ distribution business.

Manco was formed in 1968 as a distributor of blades and teeth for heavy equipment. These are known in the industry as ground engaging tools (“GET”). Alberta Chain, formed in 1976, was a distributor and fabricator of chain, wire rope and nylon lifting slings (“Rigging”). These businesses were acquired by Strongco Inc. in 1990 and 1998 respectively.

In September 2002, the management team of Strongco Supplies, together with its partner HSBC Capital, acquired Strongco’s supply business and renamed it Titan Supply Inc. Following the purchase, Titan continued to focus its Alberta business around the historic and complementary product offerings of Rigging and GET products.

In October of 2006, Newport Partners Income Fund acquired Titan Supply Inc. The company was re-structured as a limited partnership with management retaining ownership in the company. Newport Partners Income Trust Fund makes long-term equity investments in successful Canadian private businesses with proven entrepreneurs who love their business and are motivated to keep growing.

June 2011 (Toronto, Canada) – Newport Inc. is pleased to announce that its shareholders have approved a name change to the company at its Annual Meeting of Shareholders held on June 29, 2011 in Toronto, Canada. The company will be named Tuckamore Capital Management Inc. to be marketed under the name Tuckamore Capital.

Tuckamore Capital (Newport Inc.) is a publicly traded diversified fund that invests in successful Canadian private businesses. They have invested over $700 Million in successful private businesses since their inception in 2004. As of June 29, 2011 there were 71,631,431 total shares outstanding.

For more information on Tuckamore Capital, please visit www.tuckamore.ca.