Sequeira Energy Synopsis – May 2019 Newsletter

While commodity prices had been trending upward during April, momentum stalled in May with prices decreasing throughout the month due to global demand concerns and continued inventory builds. Our Sequeira Energy Index along with the TSX Energy Index fell by 7% and 12% respectively throughout the month as trade uncertainty and a notable drop in crude prices applied significant market …

Unravelling transaction multiples, business valuation mysteries

By Ken Tarry, From Business in Vancouver Magazine, June 14, 2019 The last 10 years, the North American transaction market has been strong and business valuations have been rising. The result? There’s a high probability that you or someone you know has recently heard the tale of transaction multiples (those broad, all-encompassing financial metrics used to value a company). Often, …

In selling your business, price doesn’t always equal value

By Jordan Martel, From Business in Vancouver Magazine, July 12, 2018 Want the answer to big questions like whether it’s time to pass the business on to the kids or if selling the business will result in enough funds for retirement? A business valuation can be your most important tool. As a valuator, I rely on information like historical financial …

Sequeira Energy Synopsis – April 2019 Newsletter

Despite increases in commodity prices and the broader equity markets, our Sequeira OFS index finished April mostly unchanged, declining 0.1% month over month. Performance across industry subsectors was mostly flat though there were some bright spots, as many companies reported Q1 results which generally exceeded analyst expectations. In particular, the Camps & Catering subsector saw price appreciation in the month, …

What’s the Deal? Q1 2019 – Industrials & Diversified Services Quarterly Review

Q1 2019 was a strong quarter for mid-market transactions in Western Canada as BC led the way with 20 closed transactions. Within the industrial, diversified, and oilfield services segments, Q1 saw 126 disclosed transactions where either the target company or the buyer were Canadian (40% increase over Q1 2018). Of the 126 transactions, manufacturing (28 transactions), insurance (19 transactions), and …