M&A Deal Summary

PFM Capital Acquires Hospitality Network

On January 31, 2011, private equity firm PFM Capital acquired communications company Hospitality Network for 19M USD

Acquisition Highlights
  • This is PFM Capital’s 1st transaction in the Communications sector.
  • This is PFM Capital’s largest (disclosed) transaction.
  • This is PFM Capital’s 6th transaction in Canada.
  • This is PFM Capital’s 5th transaction in Saskatchewan.

M&A Deal Summary
Date 2011-01-31
Target Hospitality Network
Sector Communications
Buyer(s) PFM Capital
Deal Type Buyout (LBO, MBO, MBI)
Deal Value 19M USD

Target

Hospitality Network

Regina, Saskatchewan, Canada
Hospitality Network is a provider of entertainment and communication services in the Canadian healthcare market. Hospitality Network has also created a unique niche in the seniors care home market becoming a provider of managed TV programming and telephone services. Hospitality Network 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 6 of 22
Sector (Communications) 1 of 1
Type (Buyout (LBO, MBO, MBI)) 5 of 19
State (Saskatchewan) 5 of 12
Country (Canada) 6 of 21
Year (2011) 1 of 5
Size (of disclosed) 1 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-11-05 Agco Ag Ventures

Regina, Saskatchewan, Canada

Agco Ag Ventures is focused on the acquisition and rental of farmland in Saskatchewan. Agco’s principals have identified farmland as a low-risk form of participation in the growing market of agricultural investments, a sector that is expected to benefit from such world fundamentals as growing population, declining arable land per capita, and increasing disposable income in developing countries.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-04-19 Plains Environmental

Calgary, Alberta, Canada

Plains Environmental is an environmental waste management company specializing in the safe and responsible disposal of oilfield and industrial waste. The company operates the first Class 1A waste disposal facility in Saskatchewan. Each facility is licensed and approved by the Saskatchewan Ministry of Economy, meeting or exceeding all available regulations and best practices. Committed to protecting the environment, it ensures proper design, construction and operation of all facilities. Plains Environmental was formed in 1994 and is based in Calgary, Alberta.

Buy -
Mergr

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Company

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