M&A Deal Summary

Merritt Companies Acquires Magnum

On May 10, 2025, Merritt Companies acquired automotive company Magnum from Krystal Growth Partners

Acquisition Highlights
  • This is Merritt Companies’ 1st transaction in the Automotive sector.
  • This is Merritt Companies’ 1st transaction in Canada.
  • This is Merritt Companies’ 1st transaction in British Columbia.

M&A Deal Summary

Date 2025-05-10
Target Magnum
Sector Automotive
Buyer(s) Merritt Companies
Sellers(s) Krystal Growth Partners
Deal Type Add-on Acquisition

Target

Magnum

Abbotsford, British Columbia, Canada
Magnum is manufacturing builds standard and custom trailers for forestry, highway, marine terminal, live animal haul, oil & gas. Magnum was founded in 1984 and is based in Abbotsford, British columbia.

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Buyer(S) 1

Buyer

Merritt Companies

Colorado, United States

Category Company
Sector Business Services
DESCRIPTION

Merritt Companies is a shared services firm dedicated to serving the Merritt family group of companies comprised of Merritt Aluminum Products and Merritt Trailers. Merritt Companies is based in Colorado.


DEAL STATS #
Overall 1 of 1
Sector: Automotive M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: British Columbia M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2025 M&A 1 of 1

Seller(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 1 of 1
Sector: Automotive M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: British Columbia M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2025 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-01-15 Seair Seaplanes

Vancouver, British Columbia, Canada

Seair Seaplanes is a seaplane operator offering scheduled flights, scenic tours, and charter services. Seair Seaplanes was founded in 1982 and is based in Vancouver, British Columbia.

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