32 Degrees Capital Mergers and Acquisitions Summary

Private Equity Profile

32 Degrees Capital’s most common sectors for investment are oil/gas exploration (72%) and energy services and equipment (29%). The Firm’s most common investment types include buyout (lbo, mbo, mbi) (58%) and venture (29%). In total, 32 Degrees Capital has invested in 2 different countries. Its largest (disclosed) acquisition occurred in 2008 when it acquired Seven Generations Energy for $300M.

The Firm’s most common exit type is trade sale (100%). 32 Degrees Capital’s largest (disclosed) exit occurred in 2011 when it sold Caltex Energy for $622M.

Join Mergr to view 32 Degrees Capital’s full profile and discover more middle-market private equity firms just like it.

M&A Summary

  • M&A Total Activity12
    • M&A Buy Activity7
    • M&A Sell Activity5
  • Total Sectors Invested 2
  • Total Countries Invested 2
  • M&A Buy/Sell Connections 11
  • M&A Advisors 1

32 Degrees Capital

Suite 650 635 8th Ave SW,
Calgary, Alberta T2P 3M3
Canada,
(403)695-1074
www.32degrees.ca
info@32degrees.ca

32 Degrees Capital is a private equity firm focused on opportunities within the energy sector. The Firm's investment strategy is focused on sub $100 million opportunities in Western Canada. 32 Degrees typically partners with management teams when pursuing transactions and looks to leverage its industry experience and network to build value in portfolio investments. 32 Degrees is based in Calgary, Alberta.


Investment Criteria

Sectors of Interest: Energy Services and Equipment, Oil/Gas Exploration

Target Transaction Types: Buyout (LBO, MBO, MBI), Growth Capital, Venture

Geographic Preferences: Canada

Transaction Criteria Min Max
Target Revenue - -
Target EBITDA - -
Investment Size 5 25
Enterprise Value - -
values in millions of CAD

M&A Summary

Buy vs Sell

Year ≤ '15 '16 '17 '18 '19 '20 T
Buy (0.0/yr) # 7 - - - - - 7
vol $300M $300M
Sell (0.0/yr) # 5 - - - - - 5
vol $675M $675M
  12

Most Recent M&A

Company Date Value Type
Arriva Energy, Inc. 2014-07-21 - Add-on Acquisition
Calgary, Alberta · www.arrivaenergy.com
Huron Energy Corp. 2012-11-30 - Add-on Acquisition
Calgary, Alberta · www.huronenergy.ca
Sitka Exploration Ltd. 2012-07-26 - Venture
Calgary, Alberta
Xtend Energy Services, Inc. 2012-03-05 53M USD Add-on Acquisition
Okotoks, Alberta · www.xtendenergy.ca
Caltex Energy, Inc. 2011-07-01 622M USD Add-on Acquisition
Calgary, Alberta
Spry Energy Ltd. 2011-04-20 - Add-on Acquisition
Calgary, Alberta
Xtend Energy Services, Inc. 2011-04-01 - Recapitalization
Okotoks, Alberta · www.xtendenergy.ca
MarkWater Handling Systems Ltd. 2010-01-01 - Venture
Calgary, Alberta · www.markwater.com
Seven Generations Energy Ltd. 2008-01-01 300M USD Buyout (LBO, MBO, MBI)
Calgary, Alberta
Caltex Energy, Inc. 2006-01-01 - Buyout (LBO, MBO, MBI)
Calgary, Alberta
View All >>

M&A by Sector

Sector Current # Value All-time # Value
Oil/Gas Exploration 3 (75%) 300M (100%) 5 (71%) 300M (100%)
Energy Services and Equipment 1 (25%) - 2 (29%) -
Total 4 $300M 7 $300M

Acquisitions By Geo

State/Country Current # Value All-time # Value
Canada 4 (100%) 300M (100%) 6 (86%) 300M (100%)
  Alberta 4 (100%) 300M (100%) 6 (86%) 300M (100%)
Colombia - - 1 (14%) -
Domestic 4 (100%) 300M (100%) 6 (86%) 300M (100%)
Cross-border - - 1 (14%) -
Total 4 $300M 7 $300M

Acquisitions by Deal Type

Type Current # Value All-time # Value
Buyout (LBO, MBO, MBI) 2 (50%) 300M (100%) 4 (57%) 300M (100%)
Venture 2 (50%) - 2 (29%) -
Recapitalization - - 1 (14%) -
Total 4 $300M 7 $300M

Exits by Deal Type

Type Total # Value
Trade Sale - Public Company 4 (80%) 675M (100%)
Trade Sale 1 (20%) -
Total 5 $675M

Top M&A Advisors

Legal Deals
Gowling Lafleur Henderson LLP
1

Deal Values

buy # Total
$100M to $1B 1 $300M
TOTAL $300M
Largest Seven Generations Energy Ltd.
$300M (2008-01-01)
sell # Total
$100M to $1B 1 $622M
< $100M 1 $53M
TOTAL $675M
Largest Caltex Energy, Inc.
$622M (2011-07-01)

M&A Connections

Deals %
Exited to
Strategic(s)
100%
5 100%

 Subscribe to unlock this and 150,162
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB


Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 3.9K Private Equity Firms
  • 138K M&A Transactions
  • 146K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.1K M&A Advisors
    (Investment Banks and Law Firms)
  • 39K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.