M&A Deal Summary

Parallel49 Equity Acquires Tiger Calcium Services

On August 1, 2014, private equity firm Parallel49 Equity acquired chemicals company Tiger Calcium Services

Acquisition Highlights
  • This is Parallel49 Equity’s 2nd transaction in the Chemicals sector.
  • This is Parallel49 Equity’s 13th transaction in Canada.
  • This is Parallel49 Equity’s 2nd transaction in Alberta.

M&A Deal Summary
Date 2014-08-01
Target Tiger Calcium Services
Sector Chemicals
Buyer(s) Parallel49 Equity
Deal Type Buyout (LBO, MBO, MBI)

Target

Tiger Calcium Services

Calgary, Alberta, Canada
Tiger Calcium Services is a manufacturer of calcium chloride products with applications in dust control, road stabilization, de-icing, oilfield drilling fluids, and mine water suppression. Tiger Calcium Services was established in 1964 and is based in Calgary, Alberta.

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Buyer(S) 1

Buyer

Parallel49 Equity

Vancouver, British Columbia, Canada

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1996
PE ASSETS 1.0B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Parallel49 Equity is a private equity firm that invests in mid-sized companies in Canada and the US. The Firm concentrates its investment efforts in the Western and Mid-western regions of both countries. Target businesses generally have enterprise values of $25 to $150 million and are profitable with $5 to $30 million of EBITDA. Parallel49 pursues acquisitions of public or private companies, management-led buyouts, recapitalizations and sales of subsidiaries of larger companies. Broad areas of interest include manufacturing, service, and distribution. Parallel49 will not invest in start-ups, new technologies, turnarounds or companies active in real estate development, gaming, restaurant or primary resource sectors. Parallel49 was formerly known as Tricor Pacific Capital. The Firm has offices in Vancouver, British Columbia, and Chicago, Illinois.

DEAL STATS #
Overall 20 of 26
Sector (Chemicals) 2 of 2
Type (Buyout (LBO, MBO, MBI)) 13 of 15
State (Alberta) 2 of 2
Country (Canada) 13 of 13
Year (2014) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-02-03 Golden Boy Foods

Burnaby, British Columbia, Canada

Golden Boy Foods Ltd. is a manufacturer, marketer and distributor of more than 400 private label and branded food products, including peanut butter, baking nuts, snacking nuts, trail mixes, raisins, dried fruits and jams.

Sell CA$320M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-03-31 Certified Recycling

Anaheim, California, United States

Certified Recycling is a provider of recycling and waste solutions services. Certified Recycling offers waste reduction services to over 1,000 customers in a variety of industries with our core focus being to provide significant cost savings to our clients while helping them achieve their environmental goals and stay in compliance with local, state, and federal mandates for their waste programs. Certified Recycling was established in 1977 and is based in Anaheim, California.

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