Oct 30 (Reuters) - Equity Financial Holdings Inc EQI.TO -
* Equity Financial Holdings Inc enters into arrangement agreement to be taken private by Smoothwater Capital Corporation; Hennick & Company and others to co-invest in private company post-arrangement
* Each share will be acquired for $9.75 per share in cash
* Price per share implies a total equity value of approximately $93 million
* Arrangement was unanimously recommended by a special committee of the board of directors