M&A Deal Summary

PFM Capital Acquires Hi-Tec

On November 4, 2011, private equity firm PFM Capital acquired manufacturer Hi-Tec

Acquisition Highlights
  • This is PFM Capital’s 1st transaction in the Manufacturing sector.
  • This is PFM Capital’s 9th transaction in Canada.
  • This is PFM Capital’s 7th transaction in Saskatchewan.

M&A Deal Summary
Date 2011-11-04
Target Hi-Tec
Sector Manufacturing
Buyer(s) PFM Capital
Deal Type Buyout (LBO, MBO, MBI)

Target

Hi-Tec

Regina, Saskatchewan, Canada
Hi-Tec is a steel-processing company that services agricultural and industrial equipment manufacturers. The company manufactures the material input for large agricultural implements, electrical transformers, and equipment used in potash mines and steel mills, as well as numerous miscellaneous items. Hi-Tec was formed in 1995 and is based in Regina, Saskatchewan.

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Buyer(S) 1

Buyer

PFM Capital

Regina, Saskatchewan, Canada

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1989
PE ASSETS 1.1B CAD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

PFM Capital is a private equity firm focused on investing in Western Canada with an emphasis on opportunities in Saskatchewan. PFM targets small and medium sized companies and will invest across the capital structure. Areas of interest include agriculture, oil/gas, manufacturing, and real estate. PFM looks to invest $5 to $25 million per transaction. PFM was formed in 1989 and has been investing since 1993. PFM Capital is based in Regina, Saskatchewan.

DEAL STATS #
Overall 9 of 29
Sector (Manufacturing) 1 of 4
Type (Buyout (LBO, MBO, MBI)) 8 of 20
State (Saskatchewan) 7 of 16
Country (Canada) 9 of 28
Year (2011) 4 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-06-30 Pines Power Sports Marine

Prince Albert, Saskatchewan, Canada

Pines Power Sports Marine is a full-service BRP dealership specializing in the sales and maintenance of outdoor recreational vehicles. Pines Power Sports Marine was founded in 1978 and is based in Prince Albert, Saskatchewan.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-12-21 Spur Petroleum

Calgary, Alberta, Canada

Spur Petroleum is an oil and natural gas company. Spur Petroleum is based in Calgary, Alberta.

Buy $5M
Mergr

Product

Company

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