M&A Deal Summary

Stern Partners Acquires Xibita

On June 22, 2017, private equity firm Stern Partners acquired business services company Xibita

Acquisition Highlights
  • This is Stern Partners’ 1st transaction in the Business Services sector.
  • This is Stern Partners’ 13th transaction in Canada.
  • This is Stern Partners’ 10th transaction in British Columbia.

M&A Deal Summary
Date 2017-06-22
Target Xibita
Sector Business Services
Buyer(s) Stern Partners
Deal Type Buyout (LBO, MBO, MBI)

Target

Xibita

Richmond, British Columbia, Canada
Xibita is an innovator in manufacturing unique, effective trade show exhibits and banner stands. Xibita also offers large complex custom exhibits and kiosks to meet a growing demand for several Fortune 500 companies. Xibita is based in Richmond, British Columbia.

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Buyer(S) 1

Buyer

Stern Partners

Category Private Equity Firm
Size Large
Type Sector Agnostic
DESCRIPTION

Stern Partners is a diversified holding and investment firm focused on opportunities in Canada and the Western US. The Firm does not have any sector preferences but has experience in manufacturing, publishing, distribution, retail, and services. Stern will consider investing in a variety of securities, including equity, convertible securities, debentures, mezzanine and other investments. Prospective transaction situations include recapitalizations, divestitures, growth capital financings, special situations, take privates, and buyouts. Stern Partners is based in Vancouver, British Columbia.

DEAL STATS #
Overall 14 of 15
Sector (Business Services) 1 of 1
Type (Buyout (LBO, MBO, MBI)) 7 of 8
State (British Columbia) 10 of 10
Country (Canada) 13 of 14
Year (2017) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-12-01 OUTtv

Vancouver, British Columbia, Canada

OUTtv is a Canadian national LGBTQ television network, offering a mix of drama, lifestyle, comedy, talk and award-winning movies that appeals to both the LGBTQ community and a broader progressive audience. Its original programming has been broadcast in the US, Europe and in other countries around the world. OUTtv was founded in 2001 and is based in Vancouver. British Columbia.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-06-05 Comark

Mississauga, Ontario, Canada

Comark is a mall-based specialty fashion clothing retailer with over 300 stores, serving customers under three popular, distinctive retail banners cleo, Ricki's and Bootlegger. Comark is based in Mississauga, Ontario.

Sell -
Mergr

Product

Company

Legal