M&A Deal Summary

WestBridge Capital Acquires Berg

On August 2, 2024, private equity firm WestBridge Capital acquired machinery company Berg

Acquisition Highlights
  • This is WestBridge Capital’s 1st transaction in the Machinery sector.
  • This is WestBridge Capital’s 6th transaction in Canada.
  • This is WestBridge Capital’s 2nd transaction in Ontario.

M&A Deal Summary
Date 2024-08-02
Target Berg
Sector Machinery
Buyer(s) WestBridge Capital
Deal Type Buyout (LBO, MBO, MBI)

Target

Berg

Toronto, Ontario, Canada
Berg offers associated engineering and fabrication business that builds solutions for a broad range of industrial chilling applications including garbage bag manufacturing, ice production for fishing fleets, chilling of natural gas in energy production, and chilling for high-intensity specialized computing applications. It installs and services these solutions once they have been manufactured along with various other industrial and commercial cooling solutions, creating a steady annuity business. Berg is based in Toronto, Ontario.

Search 201,292 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

WestBridge Capital

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2007
Size Small
Type Sector Agnostic
DESCRIPTION

WestBridge Capital is a generalist investment firm focused on lower middle-market company acquisitions throughout North America. The Firm is industry agnostic and seeks profitable business ($2 to $10 million of EBITDA) with strong management already in place. WestBridge Capital is headquartered in Saskatoon, Saskatchewan.

DEAL STATS #
Overall 13 of 13
Sector (Machinery) 1 of 1
Type (Buyout (LBO, MBO, MBI)) 11 of 11
State (Ontario) 2 of 2
Country (Canada) 6 of 6
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-03-23 Federal Steel Supply

Chesterfield, Missouri, United States

Federal Steel Supply is a distributor of industrial products including pipes, fittings, flanges, and valves. Federal Steel Supply was founded in 1979 and is based in Chesterfield, Missouri.

Buy -
Mergr

Product

Company

Legal