M&A Deal Summary |
|
|---|---|
| Date | 2023-04-17 |
| Target | Universal Rail Systems |
| Sector | Transportation |
| Buyer(s) | American Track |
| Sellers(s) | TorQuest Partners |
| Deal Type | Add-on Acquisition |
| Advisor(s) | Northborne Partners LLC Lazard (Financial) |
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American Track specializes in the inspection, repair, maintenance, design, and construction of railroad tracks, predominantly for private industrial users. American Track was founded in 1978 and is based in Fort Worth, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 7 |
| Sector: Transportation M&A | 2 of 2 |
| Type: Add-on Acquisition M&A Deals | 3 of 6 |
| State: Alberta M&A | 1 of 1 |
| Country: Canada M&A | 1 of 1 |
| Year: 2023 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-04-01 |
TRAC
Boiling Springs, Pennsylvania, United States TRAC specializes in providing railroad design and construction services that go from concept to completion. The company's customers appreciate having a trusted partner who can handle the nuances and complexity of rail design and construction, freeing their precious time to focus on the demands of running their business. TRAC is based in Boiling Springs, Pennsylvania. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-03-04 |
West Rail
Vancouver, Washington, United States West Rail provides construction services to customers in a wide range of industries including ports, forestry, chemicals, energy, waste and more. West Rail is based in Vancouver, Washington. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2002 |
| PE ASSETS | 3.0B CAD |
| Size | Large |
| Type | Sector Agnostic |
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 | 25 of 27 |
| Sector: Transportation M&A | 2 of 3 |
| Type: Add-on Acquisition M&A Deals | 12 of 12 |
| State: Alberta M&A | 1 of 1 |
| Country: Canada M&A | 19 of 21 |
| Year: 2023 M&A | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2022-11-02 |
S.i. Systems
Calgary, Alberta, Canada S.i. Systems is an IT staffing company that uses a proprietary web-based match-making solution called MatchGuide to provide precision contract and permanent placements for IT professionals across Canada. S.i. Systems was founded in 1994 and is based in Calgary, Alberta. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-09-06 |
Brimich Logistics
Brantford, Ontario, Canada Brimich Logistics is a full-service, family owned, and operated supply chain management and third-party logistics. Brimich Logistics was founded in 1997 and is based in Brantford, Ontario. |
Buy | - |