Q4 2018 was another strong quarter for mid-market transactions despite the concerns about a softening economy. Within the industrial, diversified, and oilfield services segments, Q4 saw 152 disclosed transactions where either the target company or the buyer were Canadian. Of the 152 transactions, 95% were in the Industrial & Diversified sector, 5% were in the Oilfield Services Sector.
There were 42 transactions in the Industrial & Diversified sector where the target company was based in Western Canada. Of the 42 transactions, 9 were in the manufacturing industry, 7 in transportation & logistics, and the remaining were in the distribution, agriculture, engineering & construction, and other diversified industries.