M&A Deal Summary

TorQuest Acquires Xypex Chemical

On May 1, 2021, private equity firm TorQuest acquired construction company Xypex Chemical

Acquisition Highlights
  • This is TorQuest’s 2nd transaction in the Construction sector.
  • This is TorQuest’s 27th transaction in Canada.
  • This is TorQuest’s 4th transaction in British Columbia.

M&A Deal Summary

Date 2021-05-01
Target Xypex Chemical
Sector Construction
Buyer(s) TorQuest
Deal Type Buyout (LBO, MBO, MBI)

Target

Xypex Chemical

Richmond, British Columbia, Canada
website
Xypex Chemical is a company involved in the waterproofing, protection and repair of concrete structures. Its proprietary technology has a track record of performance in high-end infrastructure and commercial construction projects. Xypex Chemical is based in Richmond, British Columbia.

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Buyer(S) 1

Buyer

TorQuest

Toronto, Ontario, Canada

Investor Investor Investor Investor Investor

website


Category Private Equity Firm
Founded 2002
PE ASSETS 3.0B CAD
Size Large
Type Sector Agnostic
DESCRIPTION

TorQuest Partners is a Canadian mid-market private equity firm. TorQuest invests in established companies that deal in manufacturing, business services, financial services, industrial products, food, consumer products, and chemicals. Prospective transaction situations include family successions, recapitalizations, corporate carve-outs, and buyouts. Torquest targets businesses valued from C$40 to C$250 million where the firm can commit C$20 to C$100 million. TorQuest Partners was formed in 2002 and is based in Toronto.


DEAL STATS #
Overall 35 of 41
Sector (Construction) 2 of 2
Type (Buyout (LBO, MBO, MBI)) 13 of 14
State (British Columbia) 4 of 5
Country (Canada) 27 of 33
Year (2021) 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-07 Onyx-Fire

Mississauga, Ontario, Canada

Onyx-Fire is a fire and life safety services provider, offering inspection, service and repair, and installation fire and life safety solutions to a diverse array of end markets. Onyx-Fire headquartered in Mississauga, Ontario.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-01 Kamik

Montréal, Quebec, Canada

Kamik is a designer, manufacturer, and wholesaler of Kamik-branded and private label footwear and apparel. With a deep commitment to sustainability, Kamik aims to deliver a range of products that deliver maximum performance with minimal impact on the environment. Kamik is based in Montreal, Quebec.

Buy -