Investment Summary

BDC Capital Invests In Lube City

On November 21, 2019, growth capital firm BDC Capital invested in automotive company Lube City

Investment Highlights
  • This is BDC Capital’s 1st transaction in the Automotive sector.
  • This is BDC Capital’s 12th transaction in Canada.
  • This is BDC Capital’s 1st transaction in Alberta.

Investment Summary
Date 2019-11-21
Target Lube City
Sector Automotive
Investor(s) BDC Capital
Deal Type Growth Capital

Target

Lube City

Edmonton, Alberta, Canada
Lube City is one of the operators of quick automotive service oil changes, with 27 locations throughout Alberta. The company offers a full suite of manufacturer warranty-approved automotive maintenance services. Lube City’s no-hassle, drive-through locations are designed for the average person’s busy lifestyle, requiring no appointments and providing consistent high-quality customer service. Lube City is based in Edmonton, Alberta.

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Investor(S) 1

Investor

BDC Capital

Investor Investor Investor Investor Investor

Category Growth Capital Firm
Size Large
Type Sector Agnostic
DESCRIPTION

BDC Capital is the direct investment arm of financial services firm BDC. BDC Capital looks to invest in and provide financing to venture and growth-stage Canadian companies. The Firm's growth-stage investment unit looks to commit $3 to $35 million for minority positions in mid-market companies focused on growth. The Group does not have any sector preferences but does prefer to invest in profitable companies. BDC Capital is headquartered in Montreal.

DEAL STATS #
Overall 13 of 33
Sector (Automotive) 1 of 1
Type (Growth Capital) 8 of 20
State (Alberta) 1 of 2
Country (Canada) 12 of 31
Year (2019) 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-08-27 TeraXion

Québec, Quebec, Canada

TeraXion is a manufacturer of innovative photonic components that incorporate fiber Bragg gratings, low noise lasers, and integrated photonics. Its unique expertise and its ability to develop and transform technology into leading-edge products make it a prime partner for its clients: key companies in light and heavy manufacturing, telecommunications, medical equipment, aerospace, and defense. TeraXion was founded in 2000 and is based in Quebec City.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-01 Ansan Group

Richmond, British Columbia, Canada

Ansan Group is a provider of traffic management and control services. Ansan provides traffic control personnel, lane closure services, traffic permits, and traffic management plans, road maintenance, and landscaping/vegetation management services. Ansan Group was founded in 1978 and is based in Richmond, British Columbia.

Sell -
Mergr

Product

Company

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