M&A Deal Summary

Westcap Acquires HJR Asphalt

On January 8, 2016, private equity firm Westcap acquired infrastructure company HJR Asphalt for 26M USD

Acquisition Highlights
  • This is Westcap’s 1st transaction in the Infrastructure sector.
  • This is Westcap’s largest (disclosed) transaction.
  • This is Westcap’s 8th transaction in Canada.
  • This is Westcap’s 6th transaction in Saskatchewan.

M&A Deal Summary
Date 2016-01-08
Target HJR Asphalt
Sector Infrastructure
Buyer(s) Westcap
Deal Type Buyout (LBO, MBO, MBI)
Deal Value 26M USD

Target

HJR Asphalt

Saskatoon, Saskatchewan, Canada
HJR Asphalt is a highway construction and a paving company. HJR Asphalt was founded in 1988 and is based in Saskatoon, Saskatchewan.

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Buyer(S) 1

Buyer

Westcap

Investor Investor Investor Investor Investor

Category Private Equity Firm
PE ASSETS 1.0B CAD
Size Large
Type Sector Agnostic
DESCRIPTION

Westcap is a private equity firm focused on small and medium-sized businesses across Western Canada. Westcap supports management buyouts and provides capital for succession and growth. The Firm invests in a broad range of industry sectors, including agriculture, healthcare, hospitality, infrastructure, IT, and business services. Westcap was founded in 2018 and is based in Saskatoon, Saskatchewan.

DEAL STATS #
Overall 8 of 25
Sector (Infrastructure) 1 of 1
Type (Buyout (LBO, MBO, MBI)) 8 of 13
State (Saskatchewan) 6 of 14
Country (Canada) 8 of 25
Year (2016) 1 of 3
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-11-19 DynaIndustrial

Regina, Saskatchewan, Canada

DynaIndustrial designs, manufactures and repairs heavy industrial equipment/components primarily used by customers in the steel/pipe mill, mining and oil and gas industries. DynaIndustrial was founded in 1976 and is based in Regina, Saskatchewan.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-05-06 Prairie Meats

Saskatoon, Saskatchewan, Canada

Prairie Meats is providing quality meat products through its processing, wholesale and retail facilities. Prairie Meats offers 1,700 products and services throughout Saskatchewan from four locations. Prairie Meats was founded in 1983 and is based in Saskatoon, Saskatchewan.

Buy -
Mergr

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