M&A Deal Summary

Krystal Growth Partners Acquires Coast Spas

On June 22, 2017, private equity firm Krystal Growth Partners acquired consumer services company Coast Spas

Acquisition Highlights
  • This is Krystal Growth Partners’ 1st transaction in the Consumer Services sector.
  • This is Krystal Growth Partners’ 8th transaction in Canada.
  • This is Krystal Growth Partners’ 8th transaction in British Columbia.

M&A Deal Summary

Date 2017-06-22
Target Coast Spas
Sector Consumer Services
Buyer(s) Krystal Growth Partners
Deal Type Buyout (LBO, MBO, MBI)

Target

Coast Spas

Langley, British Columbia, Canada
Coast Spas has developed a reputation for being the product innovation leader in the hot tub industry, as CSM continues to push the boundaries of hot tub design every year. Coast Spas was founded in 1996 and is based in Langley, British Columbia.

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Buyer(S) 1

DESCRIPTION

Krystal Growth Partners is a generalist private investment firm focused on acquiring or investing in lower middle-market companies throughout British Columbia. The Firm seeks profitable businesses with $10 to $100 million in revenue where ownership is looking to exit or for a growth-oriented partner. Krystal Growth Partners was originally established in 2004 and is headquartered in Vancouver.


DEAL STATS #
Overall 8 of 13
Sector (Consumer Services) 1 of 1
Type (Buyout (LBO, MBO, MBI)) 6 of 9
State (British Columbia) 8 of 12
Country (Canada) 8 of 12
Year (2017) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-11-01 RTOWN

Vancouver, British Columbia, Canada

RTOWN is provider of offering industry-specific solutions alongside traditional marketing services such as responsive web design, search engine optimization, intelligent mobile ads, social media management, video, loyalty apps, and booking agents. RTOWN was founded in 2013 and is based in Vancouver, British Columbia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-03-22 Storm Guard

Richmond, British Columbia, Canada

Storm Guard is a provider of dewatering, water extraction and water treatment services, specializing in the removal and treatment of groundwater and runoff from construction sites. Storm Guard was founded in 1989 and is based in Richmond, British Columbia.

Buy -