Investment Summary

Canadian Business Growth Fund and PFM Capital Invest In Lift Auto Group

On September 1, 2018, growth capital firm Canadian Business Growth Fund and private equity firm PFM Capital invested in automotive company Lift Auto Group

Investment Highlights
  • This is Canadian Business Growth Fund’s 1st and PFM Capital’s 1st transaction in the Automotive sector.
  • This is Canadian Business Growth Fund’s 2nd and PFM Capital’s 28th transaction in Canada.
  • This is Canadian Business Growth Fund’s 1st and PFM Capital’s 1st transaction in British Columbia.

Investment Summary

Date 2018-09-01
Target Lift Auto Group
Sector Automotive
Investor(s) Canadian Business Growth Fund
PFM Capital
Deal Type Growth Capital

Target

Lift Auto Group

Kelowna, British Columbia, Canada
Lift Auto Group is a consolidator of automotive collision repair centers across Western Canada. Lift Auto Group was founded in 2016 and is based in Kelowna, British Columbia.

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Investor(S) 2

Investor
DESCRIPTION

Canadian Business Growth Fund (CBGF) is an independent, evergreen growth?capital investment fund backed by Canadian banks and insurance companies. The Firm looks to provide minority equity investments ranging from CAD?5 to?20?million in mid?market Canadian businesses with solid revenue and growth trajectories. CBGF was formed in 2018 and is based in Toronto, Ontario.


DEAL STATS #
Overall 2 of 31
Sector: Automotive M&A 1 of 1
Type: Growth Capital M&A Deals 2 of 21
State: British Columbia M&A 1 of 3
Country: Canada M&A 2 of 30
Year: 2018 M&A 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-03-31 Mobile Klinik

Ottawa, Ontario, Canada

Mobile Service Center Canada Ltd. is a chain of professional smartphone repair stores operating under the ‘Mobile Klinik’ brand specializing in immediate repair of mobile phones and tablets for consumers with a swift, high quality and standardized service level. Mobile Service Center Canada was founded in 2015 and is based in Ottawa, Ontario.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-12-01 PayBright

Toronto, Ontario, Canada

PayBright is a technology-enabled point-of-sale (“POS”) real-time consumer payments and lending platform. PayBright provides consumer financing for Canadian healthcare procedures that were not covered by insurance benefits. PayBright was founded in 2009 and is based in Toronto, Ontario.

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Investor

PFM Capital

Regina, Saskatchewan, Canada

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1989
PE ASSETS 1.1B CAD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

PFM Capital is a private equity firm focused on investing in Western Canada with an emphasis on opportunities in Saskatchewan. PFM targets small and medium sized companies and will invest across the capital structure. Areas of interest include agriculture, oil/gas, manufacturing, and real estate. PFM looks to invest $5 to $25 million per transaction. PFM was formed in 1989 and has been investing since 1993. PFM Capital is based in Regina, Saskatchewan.


DEAL STATS #
Overall 29 of 40
Sector: Automotive M&A 1 of 1
Type: Growth Capital M&A Deals 6 of 15
State: British Columbia M&A 1 of 2
Country: Canada M&A 28 of 38
Year: 2018 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-05-25 Aureus Energy Services

Calgary, Alberta, Canada

Aureus Energy Services is focused on providing innovative and environmentally responsible water services and solutions to energy and industrial customers across western Canada and the United States. Aureus Energy Services was founded in 2011 and is based in Calgary, Alberta.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-06 TAM International

Saskatoon, Saskatchewan, Canada

TAM International is a global freight forwarder focused on providing a full scope of logistics solutions for Class 7 and other specialized material around the world. TAM International was founded in 2004 and is based in Saskatoon, Saskatchewan.

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