M&A Deal Summary

KAG Acquires RTL-Westcan Group of Companies

On November 15, 2013, KAG acquired transportation company RTL-Westcan Group of Companies from TriWest Capital Partners

Acquisition Highlights
  • This is KAG’s 8th transaction in the Transportation sector.
  • This is KAG’s 1st transaction in Canada.
  • This is KAG’s 1st transaction in Alberta.

M&A Deal Summary

Date 2013-11-15
Target RTL-Westcan Group of Companies
Sector Transportation
Buyer(s) KAG
Sellers(s) TriWest Capital Partners
Deal Type Add-on Acquisition
Advisor(s) Harris Williams (Financial)

Target

RTL-Westcan Group of Companies

Edmonton, Alberta, Canada
RTL-Westcan Group of Companies is a provider of hauler of bulk commodities in western and northern Canada, serving more than 500 customers across its operating region. KAG specializes in the logistics and transportation of fuels, chemicals and merchant gases.

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Buyer(S) 1

Buyer

KAG

North Canton, Ohio, United States

Category Company
Founded 1997
Sector Transportation
DESCRIPTION

KAG provides transportation and logistics services to the fuel, chemical, liquid food and merchant gas sectors in the U.S. and Canada. KAG was founded in 1997 and is based in North Canton, Ohio.


DEAL STATS #
Overall 10 of 25
Sector: Transportation M&A 8 of 21
Type: Add-on Acquisition M&A Deals 10 of 25
State: Alberta M&A 1 of 1
Country: Canada M&A 1 of 4
Year: 2013 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-06-03 Beneto Bulk Transport

West Sacramento, California, United States

Beneto Bulk Transport, Inc. is a premier bulk carrier on the West Coast, Company provides transportation and logistics services to the petroleum industry.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-09-19 Agri-Carriers Group

Jacksonville, Illinois, United States

Agri-Carriers Group, Inc. is a provider of bulk liquid transportation services to the food industry. Agri-Carriers transports a variety of bulk vegetable oils, tropical oils, and syrups to food manufacturing plants throughout the Midwest, and operates two kosher-certified tank wash facilities in Illinois. ACG operates a specialized fleet of approximately 250 tractors and 425 trailers and conducts business out of five terminals, four of which have food-grade tank washing stations.

Buy -

Seller(S) 1

SELLER

TriWest Capital Partners

Calgary, Alberta, Canada

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1998
PE ASSETS 1.7B CAD
Size Large
Type Sector Agnostic
DESCRIPTION

TriWest Capital Partners is a Canadian private equity firm focused on investments in established companies operating in a variety of industries. Broad areas of interest include the distribution, manufacturing, and service sectors. TriWest targets mid-sized, profitable companies with EBITDA of $10 to $100 million. Prospective transaction types include management buyouts, growth capital financings, generational transfers, corporate divestitures, and special situations. TriWest will not invest in real estate, technology and primary resource development. TriWest Capital Partners was formed in 1998 and is based in Calgary, Alberta.


DEAL STATS #
Overall 16 of 30
Sector: Transportation M&A 3 of 4
Type: Add-on Acquisition M&A Deals 3 of 12
State: Alberta M&A 5 of 15
Country: Canada M&A 16 of 28
Year: 2013 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-10-16 Triple M Housing

Lethbridge, Alberta, Canada

Triple M Housing manufactures modular homes and permanent modular structures from three facilities in Western Canada. The Company is comprised of two divisions, Triple M Housing, and Metric Modular. Triple M Housing was founded in 1981 and is based in Lethbridge, Alberta.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-11-28 Colter Energy

Okotoks, Alberta, Canada

Colter Energy is a provider of production testing equipment and services to the oil and gas industry in Western Canada and the Northern United States. Colter Energy specializes in providing flow back, production testing, workovers and completion operations on all well types, from high pressure critical sour wells to low pressure sweet wells. Colter Energy was formed in 2008 and is based in Okotoks, Alberta.

Buy -