M&A Deal Summary

ComTech Energy Acquires Kraus Global

On August 22, 2019, ComTech Energy acquired manufacturer Kraus Global from Priveq Capital Funds

Acquisition Highlights
  • This is ComTech Energy’s 1st transaction in the Manufacturing sector.
  • This is ComTech Energy’s 1st transaction in Canada.
  • This is ComTech Energy’s 1st transaction in Manitoba.

M&A Deal Summary

Date 2019-08-22
Target Kraus Global
Sector Manufacturing
Buyer(s) ComTech Energy
Sellers(s) Priveq Capital Funds
Deal Type Add-on Acquisition

Target

Kraus Global

Winnipeg, Manitoba, Canada
Kraus Global, Inc. is a designer, assembler and manufacturer of compressed natural gas refueling dispensers and electronic systems in North America. Kraus Global was founded in 1962 and is based in Winnipeg, Manitoba.

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Buyer(S) 1

Buyer

ComTech Energy

Milton, Ontario, Canada

Category Company
Founded 2009
Sector Manufacturing
DESCRIPTION

ComTech Energy designs/build/maintains CNG fuelling infrastructure across Canada and has an in-house team of engineers, project managers, gas fitters, electricians and certified service technicians whose primary focus is customer satisfaction. ComTech Energy was founded in 2009 and is based in Milton, Ontario.


DEAL STATS #
Overall 1 of 1
Sector (Manufacturing) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Manitoba) 1 of 1
Country (Canada) 1 of 1
Year (2019) 1 of 1

Seller(S) 1

SELLER

Priveq Capital Funds

Toronto, Ontario, Canada

Investor Investor


Category Private Equity Firm
Founded 1994
PE ASSETS 85M USD
Size Small
Type Sector Agnostic
DESCRIPTION

PRIVEQ Capital Funds is a private equity firm that targets smaller company investments near Toronto in both the US and Canada. PRIVEQ seeks niche service, distribution and manufacturing companies and looks to invest between $3 and $7 million per transaction. Target businesses typically have at least $10 million in sales and operating profits of at least $1 million. Prospective transaction situations can include divestitures, recapitalizations, growth capital financings, and going-public transactions. PRIVEQ was formed in 1994 and is based in Toronto.


DEAL STATS #
Overall 3 of 3
Sector (Manufacturing) 1 of 1
Type (Add-on Acquisition) 2 of 2
State (Manitoba) 2 of 2
Country (Canada) 2 of 2
Year (2019) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-02-02 Frantic Films

Winnipeg, Manitoba, Canada

Frantic Films Corp. is a provider of live action/post-production and commercial production services to television broadcasters, advertising and media clients.

Sell -