M&A Deal Summary |
|
|---|---|
| Date | 2024-07-15 |
| Target | Mevotech |
| Sector | Automotive |
| Buyer(s) | TorQuest Partners |
| Sellers(s) | Penfund |
| Deal Type | Secondary Buyout |
| Advisor(s) | Harris Williams William Blair (Financial) Osler Goodmans (Legal) |
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 | 42 of 45 |
| Sector: Automotive M&A | 1 of 1 |
| Type: Secondary Buyout M&A Deals | 8 of 9 |
| State: Ontario M&A | 18 of 19 |
| Country: Canada M&A | 34 of 36 |
| Year: 2024 M&A | 1 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-07-10 |
Onyx-Fire
Mississauga, Ontario, Canada Onyx-Fire is a fire and life safety services provider, offering inspection, service and repair, and installation fire and life safety solutions to a diverse array of end markets. Onyx-Fire was founded in 1988 and is headquartered in Mississauga, Ontario. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-10-16 |
Athos Services Commemoratifs
Quebec City, Quebec, Canada Athos Services Commémoratifs is a funeral services group that provides memorial, burial, cremation, and pre-arrangement services through its network of funeral homes and cemeteries. The Company serves families across Québec through brands including Urgel Bourgie, Lépine Cloutier, and Aeterna. Athos is headquartered in Québec City, Québec. |
Buy | - |
| Category | Mezzanine Finance Firm |
|---|---|
| Founded | 1979 |
| PE ASSETS | 2.7B CAD |
| Size | Large |
| Type | Sector Agnostic |
Penfund is a private investment firm that provides equity, junior capital, and alternative financing to Canadian-based middle-market companies with EBITDA of at least C$20 million. Penfund can commit up to C$225 million per transaction. Penfund does not have any industry preferences and its investments are generally used to support growth needs, recapitalization, shareholder liquidity, acquisitions, and buyouts. Penfund was formed in 1979 and is based in Toronto.
| DEAL STATS | # |
|---|---|
| Overall | 21 of 22 |
| Sector: Automotive M&A | 4 of 4 |
| Type: Secondary Buyout M&A Deals | 7 of 8 |
| State: Ontario M&A | 7 of 7 |
| Country: Canada M&A | 10 of 10 |
| Year: 2024 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-11-01 |
Hopkins
Emporia, Kansas, United States Hopkins is a manufacturer and marketer of specialized towing products and functional accessories for the automotive and recreational vehicle aftermarket. Hopkins was founded in 1953 and is based in Emporia, Kansas. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2025-04-10 |
BroadStreet Partners
Columbus, Ohio, United States BroadStreet Partners is an insurance brokerage holding company that invests in select, entrepreneurial, high-performing independent agencies that are seeking support for continued growth and a solution for ownership succession. BroadStreet uses a unique co-ownership model that allows its partners to fully participate in the financial rewards of the value they create. BroadStreet Partners was founded in 2001 and is based in Columbus, Ohio. |
Sell | - |
