M&A Deal Summary

XPEL Acquires Parasol Canada

On February 6, 2015, XPEL acquired distribution company Parasol Canada

Acquisition Highlights
  • This is XPEL’s 2nd transaction in the Distribution sector.
  • This is XPEL’s 1st transaction in Canada.
  • This is XPEL’s 1st transaction in Quebec.

M&A Deal Summary

Date 2015-02-06
Target Parasol Canada
Sector Distribution
Buyer(s) XPEL
Deal Type Add-on Acquisition

Target

Parasol Canada

Terrebonne, Quebec, Canada
Parasol Canada, a distributor of paint protection and window tint products for the Canadian market.

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Buyer(S) 1

Buyer

XPEL

San Antonio, Texas, United States

Category Company
Founded 1997
Sector Automotive
Employees1,143
Revenue 420M USD (2024)
DESCRIPTION

XPEL is a producer of automotive paint and headlamp protection films with over 70,000 vehicle-specific applications and a worldwide network of trained installers. Xpel was founded in 1997 and is based in San Antonio, Texas.


DEAL STATS #
Overall 5 of 19
Sector: Distribution M&A 2 of 5
Type: Add-on Acquisition M&A Deals 5 of 19
State: Quebec M&A 1 of 2
Country: Canada M&A 1 of 5
Year: 2015 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-10-02 XPEL Canada

3921 Manchester Road SE, Alberta, Canada

XPEL Canada Corp. is a provider of software services for automotive industry.

Sell CA$880M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-08-29 Connectin Europe B.V.

Beuningen, Netherlands

Connectin Europe B.V. is a provider of construction services in Netherlands.

Buy -