M&A Deal Summary

OvareVentures Acquires Gull Lake Boat Works

On October 21, 2021, OvareVentures acquired business services company Gull Lake Boat Works

Acquisition Highlights
  • This is OvareVentures’ 2nd transaction in the Business Services sector.
  • This is OvareVentures’ 2nd transaction in Canada.
  • This is OvareVentures’ 1st transaction in Ontario.

M&A Deal Summary

Date 2021-10-21
Target Gull Lake Boat Works
Sector Business Services
Buyer(s) OvareVentures
Deal Type Add-on Acquisition

Target

Gull Lake Boat Works

Toronto, Ontario, Canada
Gull Lake Boat Works builds custom wooden canoes and kayaks and specializes in wooden watercraft restoration. Gull Lake Boat Works was formed in 2008 and is based in Toronto, Ontario.

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Buyer(S) 1

Buyer

OvareVentures

Glendale, California, United States

Category Company
Sector Business Services
DESCRIPTION

OvareVentures builds, acquires, and invests in businesses that can benefit from the working synergy of the OvareGroup suite of services. OvareVentures aligns with companies through direct investment or works equity positions to realize business opportunities and increase ROI. OvareVentures is based in Glendale, California.


DEAL STATS #
Overall 3 of 3
Sector: Business Services M&A 2 of 2
Type: Add-on Acquisition M&A Deals 3 of 3
State: Ontario M&A 1 of 1
Country: Canada M&A 2 of 2
Year: 2021 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-08-31 Kenver

Egremont Village, Massachusetts, United States

Kenver is a sportswear boutique and outdoor retail hub specializing in best-in-category sports equipment; skis, bikes, snowboards, and ice skates. The company also sells seasonal designer sporting apparel and footwear and features a dedicated bootery cellar with expert fitting specialists as well as a curated collection of inviting artisan wares, home accessories, and antiques. Kenver was formed in 1959 and is based in Egremont Village, Massachusetts.

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