Buyout (LBO, MBO, MBI) • Media

Westerkirk Capital Acquires Vista Broadcast Group

On April 26, 2012, asset manager Westerkirk Capital acquired media company Vista Broadcast Group

Acquisition Context
  • This is Westerkirk Capital’s 1st transaction in the Media sector.
  • This is Westerkirk Capital’s 4th transaction in Canada.
  • This is Westerkirk Capital’s 1st transaction in British Columbia.

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M&A Deal Summary

Date April 26, 2012
Target Vista Broadcast Group
Sector Media
Buyer(s) Westerkirk Capital
Deal Type Buyout (LBO, MBO, MBI)

Target Company

Vista Broadcast Group

Courtenay, British Columbia, Canada
Vista Broadcast Group, Inc. is a radio broadcasting company focused on providing local service in each of the communities it serves. Vista Broadcast Group was formed in 2004 and is based in Courtenay, British Columbia.
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Buyer Overview 1

Buyer

Westerkirk Capital

Victoria, British Columbia, Canada

Category Asset Manager
Size Small
Type Sector Agnostic
DESCRIPTION

Westerkirk Capital is an investment firm focused on partnering with business owners and managers to pursue growth opportunities. The Firm manages private capital for a single Canadian investor and generally takes a long-term approach when investing. Westerkirk is a generalist investor, with interest in transportation, apparel, media, manufacturing, business services, aerospace, consumer products, and real estate. Westerkirk Capital is based in Victoria, British Columbia.


Deal Context for Buyer #
Overall 4 of 6
Sector: Media 1 of 1
Type: Buyout (LBO, MBO, MBI) 4 of 5
State: British Columbia 1 of 1
Country: Canada 4 of 6
Year: 2012 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-06-05 Shred-it International

Oakville, Ontario, Canada

Shred-it International, Inc. is a global secure information destruction services provider. Shred-it was formed in 1988 and is based in Oakville, Ontario.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-06-12 Array Marketing

Toronto, Ontario, Canada

Array Marketing is a provider of in-store marketing services for the retailers and brand manufacturers. Array Canada is based in Toronto, Ontario.

Buy -