Investment Summary |
|
|---|---|
| Date | 2002-11-01 |
| Target | Tree Island Steel |
| Sector | Metals/Mining |
| Investor(s) | Parallel49 Equity |
| Sellers(s) |
McKenna Gale Capital
Parallel49 Equity |
| Deal Type | PIPE |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 1996 |
| PE ASSETS | 1.0B USD |
| Size | Large |
| Type | Sector Agnostic |
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 | 5 of 26 |
| Sector: Metals/Mining M&A | 2 of 2 |
| Type: PIPE M&A Deals | 1 of 1 |
| State: British Columbia M&A | 4 of 6 |
| Country: Canada M&A | 5 of 13 |
| Year: 2002 M&A | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2002-07-01 |
Swiss Water
Delta, British Columbia, Canada Swiss Water is a chemical-free, water process decaffeinator in North America. The company's Swiss Water brand features a certified organic process to naturally decaffeinate coffee. Swiss Water is based in Delta, British Columbia. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2003-08-01 |
Comweb
Toronto, Ontario, Canada Comweb Corp. is a provider of equipment and services to the motion picture and television production industry. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1995 |
| PE ASSETS | 600M USD |
| Size | Middle-Market |
| Type | Sector Agnostic |
McKenna Gale Capital is a Canadian independent provider of mid-market mezzanine debt and common equity financing. McKenna looks for companies with a total enterprise value in excess of $25 million, and seeks to commit to $7 million to $75 million per transaction. The firm invests in a wide range of industries excluding real estate development, primary mining and primary oil and gas. Investments include management buyouts, acquisitions, expansion and growth capital, and go-private transactions. McKenna Gale Capital was founded in 1995 and is based in Toronto, Ontario.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 7 |
| Sector: Metals/Mining M&A | 1 of 1 |
| Type: PIPE M&A Deals | 1 of 1 |
| State: British Columbia M&A | 1 of 1 |
| Country: Canada M&A | 1 of 3 |
| Year: 2002 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 1997-05-01 |
Tree Island Steel
Richmond, British Columbia, Canada Tree Island Steel is a producer and a supplier of premium steel wire and wire products. Tree Island Steel was incorporated in 1964 and is based in Richmond, Canada . |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2004-05-01 |
AGI
Winnipeg, Manitoba, Canada AGI is a manufacturer of portable and stationary grain handling, storage and conditioning equipment including augers, belt conveyors, grain storage bins, grain handling accessories and grain aeration equipment. AGI was incorporated in 1996 and is based in Winnipeg, Manitoba. |
Sell | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 1996 |
| PE ASSETS | 1.0B USD |
| Size | Large |
| Type | Sector Agnostic |
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 | 3 of 22 |
| Sector: Metals/Mining M&A | 1 of 2 |
| Type: PIPE M&A Deals | 1 of 1 |
| State: British Columbia M&A | 3 of 6 |
| Country: Canada M&A | 3 of 11 |
| Year: 2002 M&A | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2002-07-01 |
Swiss Water
Delta, British Columbia, Canada Swiss Water is a chemical-free, water process decaffeinator in North America. The company's Swiss Water brand features a certified organic process to naturally decaffeinate coffee. Swiss Water is based in Delta, British Columbia. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2003-08-01 |
Comweb
Toronto, Ontario, Canada Comweb Corp. is a provider of equipment and services to the motion picture and television production industry. |
Buy | - |
