Investment Summary |
|
|---|---|
| Date | 2025-09-22 |
| Target | Royal Camp Services |
| Sector | Business Services |
| Investor(s) | Black Diamond Group |
| Sellers(s) |
AFM Capital Partners
Kissel Capital |
| Deal Type | Add-on Acquisition |
| Deal Value | 165M USD |
SEARCH BY
| Category | Company |
|---|---|
| Founded | 2003 |
| Sector | Business Services |
| Employees | 485 |
| Revenue | 402M CAD (2024) |
Black Diamond Group is a specialty rentals and industrial services Company with two operating business units - Modular Space Solutions (MSS) and Workforce Solutions (WFS). Black Diamond Group was incorporated in 2003 and is based in Calgary, Alberta.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 3 |
| Sector: Business Services M&A | 2 of 2 |
| Type: Add-on Acquisition M&A Deals | 3 of 3 |
| State: Alberta M&A | 1 of 1 |
| Country: Canada M&A | 2 of 2 |
| Year: 2025 M&A | 1 of 1 |
| Size (of disclosed) | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-10-31 |
Modular Rental
Toronto, Ontario, Canada Modular Rental is a modular building rental company. Modular Rental is based in Toronto, Ontario. |
Buy | $55M |
AFM Capital Partners is an operationally-driven private investment firm specializing in control investments in middle-market companies across the US. The Firm partners with growth-oriented businesses and experienced management teams to provide strategic guidance, capital resources, and deep operational expertise. AFM’s sector focus spans advanced industrials, aerospace, manufacturing, and packaging, consumer goods, food, beverage, and business services. AFM Capital Partners was founded in 2017 and is based in Indianapolis, Indiana.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 2 |
| Sector: Business Services M&A | 2 of 2 |
| Type: Add-on Acquisition M&A Deals | 1 of 1 |
| State: Alberta M&A | 1 of 1 |
| Country: Canada M&A | 1 of 1 |
| Year: 2025 M&A | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-01-06 |
Smart Mouth Foods
Atlanta, Georgia, United States Smart Mouth Foods is a food service program provider of restaurant-quality pizza to schools throughout the US. The company promotes healthy options, enhances student engagement, and improves schools' return on investment while feeding more kids. By blending high-quality ingredients with creative input from schools and an array of complementary toppings, Smart Mouth offers endless pizza combinations tailored to meet diverse tastes. Smart Mouth Foods is based in Atlanta, Georgia. |
Buy | - |
Kissel Capital is a private equity firm specializing in management-led recapitalizations and buyouts of lower-middle-market companies throughout the US and Canada. The Firm looks for companies operating in the industrial services, industrial technology, building products, and business services sectors. Kissel Capital was founded in 2022 and is headquartered in Zionsville, Indiana.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Business Services M&A | 1 of 1 |
| Type: Add-on Acquisition M&A Deals | 1 of 1 |
| State: Alberta M&A | 1 of 1 |
| Country: Canada M&A | 1 of 1 |
| Year: 2025 M&A | 1 of 1 |
| Size (of disclosed) | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-11-01 |
Safety Boss
Calgary, Alberta, Canada Safety Boss provides comprehensive safety prevention, detection, and response services for the Oil and Gas, Manufacturing, and Construction Industries. Safety Boss was founded in 1956 and is headquartered in Calgary, Alberta. |
Buy | - |
