M&A Deal Summary |
|
|---|---|
| Date | 2018-06-29 |
| Target | Maviro |
| Sector | Energy Services and Equipment |
| Buyer(s) | TorQuest Partners |
| Sellers(s) | Envirosystems |
| Deal Type | Divestiture |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 2002 |
| PE ASSETS | 3.0B CAD |
| Size | Large |
| Type | Sector Agnostic |
TorQuest Partners is a Canadian mid-market private equity firm. TorQuest invests in established companies that deal in manufacturing, business services, financial services, industrial products, food, consumer products, and chemicals. Prospective transaction situations include family successions, recapitalizations, corporate carve-outs, and buyouts. Torquest targets businesses valued from C$40 to C$250 million where the firm can commit C$20 to C$100 million. TorQuest Partners was formed in 2002 and is based in Toronto.
| DEAL STATS | # |
|---|---|
| Overall | 26 of 45 |
| Sector: Energy Services and Equipment M&A | 2 of 2 |
| Type: Divestiture M&A Deals | 4 of 5 |
| State: Texas M&A | 1 of 1 |
| Country: United States M&A | 6 of 9 |
| Year: 2018 M&A | 2 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-06-29 |
Envirosystems
Dartmouth, Nova Scotia, Canada Envirosystems, Inc. is a provider of industrial and environmental services, with a focus on technological innovation. Services include catalyst changeout, chemical cleaning, dredging, high pressure cleaning, hydro-excavation, mobile spent caustic treatment, waste disposal/treatment and vacuum services. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-07-03 |
Spinrite
Listowel, Ontario, Canada Spinrite is a manufacturer and marketer of craft yarn products in North America. Spinrite's Bernat, Patons, Lily Sugar's Cream, and Phentex brands, which are sold through mass merchants, craft stores, and independent specialty stores. Spinrite was founded in 1952 and is based in Listowel, Ontario. |
Sell | - |
Envirosystems, Inc. is a provider of industrial and environmental services, with a focus on technological innovation. Services include catalyst changeout, chemical cleaning, dredging, high pressure cleaning, hydro-excavation, mobile spent caustic treatment, waste disposal/treatment and vacuum services.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Energy Services and Equipment M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| State: Texas M&A | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 2018 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-05-12 |
Marine Clean
Niagara Falls, Ontario, Canada Marine Clean Ltd. is a provider of extensive services for a wide range of industries, specializing in cleaning, degreasing and desludging of tanks, sumps, compartments, pits & machinery, transportation and disposal of domestic, industrial, liquid, and hazardous waste and dust control. Marine Clean was founded in 1974 and is based in Niagara Falls, Ontario. |
Buy | - |
