• News & Publications
  • Careers
Sequeira Partners Navigation
  • Home
  • Our People
  • Our Services
    • Sell-Side Mergers & Acquisitions Advisory
    • Corporate valuations and financial opinions
    • Corporate carve-outs
    • Recapitalizations
  • Our Industries
    • Energy Services
    • Distribution & Logistics
    • Manufacturing & Industrial
    • Insurance & Business Services
  • Transactions
  • Contact
  • Search
  • Home
  • Our People
  • Our Services
    • Sell-Side Mergers & Acquisitions Advisory
    • Corporate valuations and financial opinions
    • Corporate carve-outs
    • Recapitalizations
  • Our Industries
    • Energy Services
    • Distribution & Logistics
    • Manufacturing & Industrial
    • Insurance & Business Services
  • Transactions
  • Contact
  • Search

Northern Industrial Sales Ltd.

Sequeira Partners acted as exclusive financial advisor to NorTerra Inc. in the sale of its subsidiary Northern Industrial Sales Ltd. to Tenaquip Limited. The transaction closed in September 2016.

Description of Transaction

Sequeira Partners was engaged by NorTerra Inc. to assist with the divestiture of Northern Industrial Sales Ltd., a non-core operating entity. The Sequeira team assisted NorTerra through a targeted sale process including initial valuation, preliminary negotiations, pricing, due diligence, and negotiation of final transaction terms. The sale of the operating entity to Montreal, Quebec based Tenaquip Limited allowed NorTerra Inc. to monetize their investment in the business.

NIS

Located in Edmonton, Northern Industrial Sales has over 120,000 available industrial, safety, janitorial and building supply items and access to over 500 global manufacturers. NIS has over 60 years of experience doing business in challenging environments for customers in mining, oil & gas, forestry, government and community business sectors. Their branches are strategically located in North-Central BC, Alberta, Yukon, the Northwest Territories and Nunavut.

Norterra

NorTerra Inc. is an Inuit owned investment and management company, headquartered in Edmonton.

Tenaquip

Founded in 1968 by Ken Reed, Tenquip Limited continues to be a Canadian owned and operated organization offering state-of-the-art industrial and occupational health and safety products sourced from around the globe. With over 325 employees, Tenaquip serves the Canadian industry from coast to coast.

Back to full Transactions list

NIS

Province

Alberta

Sector

Diversified

Service

Sell-Side, Corporate Carve-Out

Contact

Julie-Afansiff Julie Afansiff

Contact Julie

Northern Industrial Sales Ltd. - Sequeira Partners

Edmonton

2701, 10104 – 103 Ave
Edmonton, AB, T5J 0H8

info@sequeirapartners.com
Office: 780-633-5200
Fax: 1-877-790-6172

Calgary

400, 520 - 5th Ave SW
Calgary , AB, T2P 3R7

info@sequeirapartners.com
Office: 587-352-2500
Fax: 1-877-790-6172

Vancouver

1680, 400 Burrard Street
Vancouver BC V6C 3A6

info@sequeirapartners.com
Office: 604-687-5300
Fax: 1-877-790-6172

Alliance of International Corporate Advisors (AICA)

Copyright © 2015 Sequeira Partners | Terms of Service | Privacy Policy