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 (3 transactions) businesses were the most active. Sequeira also had a strong quarter by acting as the advisor to Porchlight Financial on its sale to Hub International Ltd. This deal closed in June 2019.