The Inside Story
As a multi-generational business, finding the right buyer that could honour the family legacy and be a good steward of the brand was paramount. Sequoia was entrusted to the find the right balance between running an extensive marketing campaign, approaching both strategic and financial buyers, and maintaining confidentiality in a notoriously rumour filled industry.
The right balance was ultimately struck and our client received multiple bona fide offers for consideration, all while maintaining privacy throughout the process. The buyer chosen had the greatest cultural fit with our client’s company. Furthermore, the transaction allowed for key managers at the company to take on a greater leadership role under new ownership.
Both buyer and seller were thrilled with the outcome.
Founded:
1949
Employees:
40
Affiliation:
Non-union
Revenue (CAD):
$27.0 million
EBITDA (CAD):
$4.1 million
Key Strategic Highlights
Commercial and Institutional Specialists
The company had extensive institutional and commercial experience and was well known in the industry for their specialization.
Technical Proficiency
The company worked well with engineers and had significant experience with design-build projects.
New Customer Acquisitions
The company’s reputation for quality and professionalism was earned over more than seven decades of industry experience.