Add-on Acquisition • Financial Services

CWB Acquires Maxium Financial Services

On December 21, 2015, CWB acquired financial services company Maxium Financial Services for 120M USD

Acquisition Context

This is CWB’s 2nd transaction in the Financial Services sector.
This is CWB’s largest (disclosed) transaction.
This is CWB’s 3rd transaction in Canada.
This is CWB’s 1st transaction in Ontario.

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M&A Deal Summary
Date	December 21, 2015
Target	Maxium Financial Services
Sector	Financial Services
Buyer(s)	CWB
Deal Type	Add-on Acquisition
Deal Value	120M USD

Target Company

Maxium Financial Services

Richmond Hill, Ontario, Canada

Maxium Financial Services, Inc. provides loans, equipment leases and structured financing solutions to more than 35,000 clients, with the majority of business sourced in Ontario. Specialized financing solutions are primarily provided in areas of healthcare, golf, transportation, real estate, and general corporate financing.

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Buyer Overview 1

Buyer

CWB

Edmonton, Alberta, Canada

Category	Company
Founded	1984
Sector	Financial Services
Revenue	1.1B CAD (2023)

DESCRIPTION

CWB is a full-service bank that offers full-service business and personal banking, specialized financing, comprehensive wealth management offerings, and trust services. CWB was incorporated in 1984 and is based in Edmonton, Canada.

Deal Context for Buyer	#
Overall	3 of 4
Sector: Financial Services	2 of 3
Type: Add-on Acquisition	3 of 3
State: Ontario	1 of 2
Country: Canada	3 of 4
Year: 2015	1 of 1
Size (of disclosed)	1 of 1

PREVIOUS DEAL

DATE	TARGET	DEAL TYPE	VALUE
2015-05-01	Canadian Direct Insurance Vancouver, British Columbia, Canada Canadian Direct Insurance, Inc. is a property and casualty insurance company that provides personal insurance solutions throughout British Columbia and Alberta.	Sell	-

DATE

TARGET

DEAL TYPE

VALUE

2015-05-01

Canadian Direct Insurance

Vancouver, British Columbia, Canada

Canadian Direct Insurance, Inc. is a property and casualty insurance company that provides personal insurance solutions throughout British Columbia and Alberta.

Sell

FOLLOWING DEAL

DATE	TARGET	DEAL TYPE	VALUE
2016-04-07	GE Capital - Canadian Franchise Financing Business Ontario, Canada GE Capital - Canadian Franchise Financing Business provides financing across Canada to a diverse group of established companies in the hospitality and restaurant industries.	Buy	-

DATE

TARGET

DEAL TYPE

VALUE

2016-04-07

GE Capital - Canadian Franchise Financing Business

Ontario, Canada

GE Capital - Canadian Franchise Financing Business provides financing across Canada to a diverse group of established companies in the hospitality and restaurant industries.

Buy

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