What’s the Deal? Q3 2019 – Industrials & Diversified Services Quarterly Review

Q3 2019 was a steady quarter for mid-market transactions in Western Canada. Alberta led the way with 22 closed transactions, followed by BC with 16.

Within the industrial, diversified, and oilfield services segments, Q3 saw 118 disclosed transactions where either the target company or the buyer were Canadian (11% decrease from Q3 2019). Of the 118 transactions, energy (23 transactions), utilities (6 transactions), and information technology businesses (5 transactions) were the most active. Sequeira also had a strong quarter by acting as the advisor to Trailer Wizards Ltd. on its sale to TIP Trailer Services. The transaction is currently pending regulatory approval.

Download Quarterly M&A Review: What’s the Deal? Q3 2019