Kitchener – Spirited Investors Corporation and Class 1 Inc. are pleased to announce the creation of a strategic alliance designed to expand the growth of both companies.

Class 1 is a Canadian leader in medical gas equipment, with plans to bring the value of its Canadian products and services to market around the globe. Based in Cambridge, Ontario, and serving the medical, specialty, and academic sectors from coast-to-coast, Class 1 has clients from St. John’s to Victoria, Rankin Inlet to Windsor. Local clients include Grand River, St. Mary’s and Cambridge Memorial Hospitals, and the Universities of Guelph and Waterloo.

Spirited Investors Corporation, with head offices in Kitchener, is a private-equity company created in 2007 by Waterloo Region business entrepreneurs. Spirited Investors’ goal is to help local businesses by providing financial support and experienced people-power. Spirited Investors brings its Activestor™ force to its investment in Class 1 Inc.

Barry Hunt, Class 1’s President, says “We were impressed with the vision and the collective depth and breadth of experience of the Activestors at Spirited. We look forward to working together to achieve our global ambitions”.

Rick Baker, Spirited Investors’ CEO agrees, “We look forward to helping another local business make the changes required for rapid growth. Our team of Activestors is eager to get started”.