Sequeira Partners acted as exclusive financial advisor to Camex Equipment Sales & Rentals Inc. (“Camex”) on its sale to The Brandt Group of Companies (“Brandt”).
Description of Transaction
Sequeira Partners was engaged by Camex to assist with the divestiture of the business. The Sequeira team advised Camex through a sale process including initial valuation, running a marketing process, preliminary negotiations, pricing, due diligence, and negotiation of final transaction terms.
The sale of Camex to Brandt creates a new division called Brandt Truck Rigging & Trailers and maintains the Camex name as a product brand. The combination of these two companies will continue to provide value for customers and creates the number one provider of specialty transportation equipment in the industry.
For over 25 years, Camex has served customers throughout Alberta, North America and beyond, delivering the right vehicles and equipment faster, and with the financial flexibility customers need. Camex specializes in providing vehicles and equipment to the oil & gas, mining, pipeline, infrastructure and environmental sectors. Camex has more industry-specific equipment in stock than anyone, and is equipped to custom build trucks and trailers for unique and demanding applications.
Brandt Group of Companies
The Brandt Group of Companies – headquartered in Regina, Saskatchewan, Canada – is comprised of Brandt Agricultural Products, Brandt Engineered Products, Brandt Equipment Solutions, Brandt Road Rail, Brandt Developments Ltd., and Brandt Tractor Ltd. – the world’s largest privately-owned John Deere Construction & Forestry equipment dealer. Brandt has over 50 locations in Canada and the US, over 2300 employees and a growing international audience; serving the construction, forestry, agriculture, rail, mining, steel, and energy industries with unique custom products. Brandt is one of Canada’s largest privately-owned companies and is among an elite group of Platinum Members of Canada’s 50 Best Managed Companies.