M&A Deal Summary

Equicapita Acquires Smitty s

On April 16, 2018, private equity firm Equicapita acquired franchising company Smitty s

Acquisition Highlights
  • This is Equicapita’s 2nd transaction in the Franchising sector.
  • This is Equicapita’s 7th transaction in Canada.
  • This is Equicapita’s 5th transaction in Alberta.

M&A Deal Summary
Date 2018-04-16
Target Smitty s
Sector Franchising
Buyer(s) Equicapita
Deal Type Buyout (LBO, MBO, MBI)

Target

Smitty s

Calgary, Alberta, Canada
Smitty's is an operator of restaurant chains with 85 locations across Canada (80 franchise locations and 5 corporate locations),. Smitty's developed a long-term sustainable business model that attracts customers, entrepreneurial franchisees, and has a strong supplier and franchise support system. Smitty's was founded in 1960 and is based in Calgary, Alberta.

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Buyer(S) 1

Buyer

Equicapita

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2013
PE ASSETS 300M CAD
Size Small
Type Sector Agnostic
DESCRIPTION

Equicapita is a private equity firm focused on acquiring lower middle-market companies throughout Canada. The Firm targets smaller businesses valued between $5 and $50 million and generally looks to partner with management when making an acquisition with a long-term approach. Broad areas of interest include industrials, healthcare, and distribution. Equicapita was established in 2013 and is headquartered in Calgary, Alberta.

DEAL STATS #
Overall 7 of 14
Sector (Franchising) 2 of 4
Type (Buyout (LBO, MBO, MBI)) 7 of 14
State (Alberta) 5 of 6
Country (Canada) 7 of 14
Year (2018) 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-11-14 Nutters Everyday Naturals

Medicine Hat, Alberta, Canada

Nutters Everyday Naturals is a retailer, franchisor, and packager of vitamins, minerals, and natural, gluten-free, and bulk foods. With 23 stores (11 corporate and 12 franchised) located throughout Western Canada. Nutters Everyday Naturals was founded in 1982 and is based in Medicine Hat, Alberta.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-07-09 ESP Salon Sales

Saskatoon, Saskatchewan, Canada

ESP Salon Sales is a wholesale distributor of hair and beauty products to professional stylists and salons across five provinces. ESP has developed a long-term sustainable business model with over four thousand active customers, best in class suppliers, and approximately 100 top tier employees. ESP Salon Sales was founded in 1990 and is based in Saskatoon, Saskatchewan.

Buy -
Mergr

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