M&A Deal Summary

Peavey Industries Acquires TSC Stores

On July 1, 2016, Peavey Industries acquired retailer TSC Stores from Birch Hill Equity Partners

Acquisition Highlights
  • This is Peavey Industries’ 1st transaction in the Retail sector.
  • This is Peavey Industries’ 1st transaction in Canada.
  • This is Peavey Industries’ 1st transaction in Ontario.

M&A Deal Summary
Date 2016-07-01
Target TSC Stores
Sector Retail
Buyer(s) Peavey Industries
Sellers(s) Birch Hill Equity Partners
Deal Type Add-on Acquisition

Target

TSC Stores

London, Ontario, Canada
TSC Stores L.P. is a specialty retailer of hardware, farm supplies, and animal products focused on rural and small-town markets throughout southern Ontario. TSC Stores was formed in 1966 and is based in London, Ontario.

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Buyer(S) 1

Buyer

Peavey Industries

Red Deer, Alberta, Canada
Category Company
Founded 1975
Sector Retail
DESCRIPTION

Peavey Industries LP is a farm and ranch retail banner in Western Canada offering a unique selection of agriculture, farm and ranch, pet, work wear, lawn and garden, hardware and homesteading supplies.

DEAL STATS #
Overall 1 of 1
Sector (Retail) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Ontario) 1 of 1
Country (Canada) 1 of 1
Year (2016) 1 of 1

Seller(S) 1

SELLER

Birch Hill Equity Partners

Toronto, Ontario, Canada

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1994
PE ASSETS 5.0B CAD
Size Large
Type Sector Agnostic
DESCRIPTION

Birch Hill Equity Partners is a middle-market private equity firm focused on investments in Canadian companies. Birch Hill targets growth oriented businesses valued between C$50 and C$1000 million. Sectors of interest include agriculture, communications, energy, environmental, entertainment, distribution, healthcare, manufacturing, software, and technology. Birch Hill will not consider investments in real estate, pure commodity companies or start ups. Birch Hill Equity Partners was formed in 1994 and is based in Toronto, Canada.

DEAL STATS #
Overall 28 of 37
Sector (Retail) 2 of 2
Type (Add-on Acquisition) 13 of 17
State (Ontario) 16 of 20
Country (Canada) 24 of 30
Year (2016) 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-05-18 Secunda Canada

St. John's, Newfoundland, Canada

Secunda Canada LP (Secunda) manages a technologically advanced fleet of offshore support vessels servicing major and national oil and gas companies worldwide. Secunda, founded in Nova Scotia, has a fleet of 8 vessels utilizing highly experienced sailors, a maritime work ethic, and a philosophy of providing superior service to customers.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-07-26 Carson Dellosa Education

Greensboro, North Carolina, United States

Carson Dellosa Education is a provider of K-8 supplemental education content for parents, teachers, and students with an established portfolio of five market-leading brands known for high-quality, rigorous educational materials. Carson Dellosa Education was founded in 1975 and is based in Greensboro, North Carolina.

Sell -
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