What’s the Deal? Q2 2019 – Industrials & Diversified Services Quarterly Review

Q2 2019 was a steady quarter for mid-market transactions in Western Canada. Alberta led the way with 17 closed transactions. Within the industrial, diversified, and oilfield services segments, Q2 saw 132 disclosed transactions where either the target company or the buyer were Canadian (63% increase over Q2 2018). Of the 132 transactions, insurance (18 transactions), manufacturing (6 transactions), and agriculture …

The Well Street Journal – Q2 2019 – Oilfield Services Deep Dive

Crude pricing decreased moderately quarter over quarter while the average active rig count in Q2 2019 fell to 88 rigs versus 108 rigs in Q2 2018, representing a decrease of 18%. In Canada, activity continues to be restricted due to limited takeaway capacity and consequently government mandated curtailments. As a result, operators are disincentivized to increase production. That said, the …

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 …