Sequeira Partners acted as exclusive financial advisor to Empire Camp Equipment Ltd. (“Empire”) in its sale to Horizon North Logistics Inc. (“Horizon North”). The transaction closed in August 2016:
Description of Transaction
Sequeira Partners was engaged to assist the Shareholders of Empire in its sale to Horizon North. The Sequeira team assisted Empire through a targeted sale process including initial valuation, marketing, preliminary negotiations, pricing, due diligence, and negotiation of final transaction terms.
The transaction allowed the shareholders to monetize their investment in the business while participating as significant shareholders in Horizon North.
Located in Edmonton, Empire is a leading provider in camp and wellsite buildings to Western Canada, offering one of the most flexible and intuitive options in the modular rental business. With over 45 years of industry experience, Empire has worked with many reputable companies in the energy, mining, and construction sectors.
Based out of Calgary, Horizon North provides full service solutions in camp management accommodations and catering, matting and soil stabilization, remote power and energy generation systems, and relocatable and permanent modular structures. The Company provides a full range of these services to top tier clients in the LNG, oil sands, oil and gas, mining and exploration, forestry and construction sectors, across Canada and Alaska.
