Blog
26
Oct 2015
Canadian Private Market Recap: Oct 23
-
Posted By: Anan Sivapalu
- |
Comments: 0

Last week, the S&P 500 Index advanced from the previous week (+2.1%). Strong quarterly performance by Microsoft, Google and Amazon helped push the index higher. Newly planned stimulus by E.U and China reassured the markets. However, future interest rate action by the Federal Reserve, the weakness in Chinese growth and U.S. Government budgetary brinkmanship added to the fear index (+0.2%). While in Canada, the TSX index advanced slightly compared to the previous week (+0.8%); helped by rebounding share price of Valeant Pharmaceutical International (TSX: VRX). The credit markets remained relatively unchanged.
Canadian M&A Overview
KDC continued its expansion toward the West Coast with its acquisition of Cosmetics Technologies and Concordia strengthened its international presence with the acquisition of Amdipharm. Here are some noteworthy deals from last week:
BV Investment Partners acquires stake in geoLOGIC systems
Novacap-led investors fund KDC’s purchase of Cosmetic Technologies
Concordia closes Amdipharm Mercury buy, Cinven investment
Nelson Education completes sale to lenders, overhauls board
BV Investment Partners acquires stake in geoLOGIC systems
Last week, BV Investment Partners acquired the shares of geoLOGIC founders, Joe Harris and Denise Harris. David Hood, the CEO of geoLOGIC will retain his interest in the company. The financial terms of the transaction were not disclosed. The company, located in Calgary, Alberta, provides integrated data and decision support software to the oil and gas exploration industry. Its systems are fully integrated in multi-million dollar projects and are seen as critical by the industry. geoLOGIC has been active in Western Canada for over 30 years. David Hood stated, “I can’t think of a better partner for geoLOGIC. BV has demonstrated a deep understanding of geoLOGIC’s core values and we look forward to working together to further expand our offerings in areas that are important to our customers.” BV Investment Partners are expected to provide additional capital to support geoLOGIC’s growth initiatives.
Novacap-led investors fund KDC’s purchase of Cosmetic Technologies
Knowlton Development Corp (KDC) has acquired Cosmetics Technologies, a California based manufacturer of beauty and personal care products for an undisclosed sum. This transaction follows last week’s acquisition of Kolmar and the acquisition of ChemAid ten months earlier. The latest acquisition by KDC will allow it to service customers in the West Coast. “We were particularly impressed with Cosmetic Technologies’ highly-skilled management team and their deep industry experience and relationships, including an R&D staff with top chemical engineering talent,” said Nicholas Whitley, President and CEO of KDC. Ron Lewis, President and Founder of Cosmetic Technologies added, “We are already well-positioned to handle such growth with our advanced technical expertise and substantial equipment and infrastructure investments already completed, but KDC offers us the expertise, sales force, facilities and network to achieve this objective.” KDC’s objective to become a world-class manufacturer of health and beauty-care product is supported and funded by its institutional investors led by Novacap.
Concordia closes Amdipharm Mercury buy, Cinven investment
Last week, Concordia Healthcare acquired Amdipharm Mercury for $3.3 billion. Amdipharm is a U.K. based pharmaceutical company with a strong presence in Europe. The combined company holds 200 products and services over 100 countries. “This is a tremendous milestone for Concordia. This acquisition has transformed us from a predominantly U.S. business to a leading, international pharmaceutical company,” said Mark Thompson, Concordia’s CEO. After the acquisition, Concordia’s share of the revenue from the U.S. is expected to decline to 40% of total. The combined company is expected to see significant organic growth for the next several years; led by Amdipharm’s 60 new product launches.
Nelson Education completes sale to lenders, overhauls board
After seeking creditor protection, Nelson Education has completed the transfer of ownership to its lenders, Ares Management, Murdrick Capital Management and Sound Point Capital Management. Nelson Education has also appointed new directors. “We are pleased to announce Nelson’s new Board of Directors, who collectively bring diverse skill sets, and a clear understanding our strategic direction as we focus on enhancing shareholder value. As experienced and accomplished individuals we look forward to their contributions to our long term success,” said Greg Nordal, CEO of Nelson. Greg Nordal further added, “Nelson is very well positioned to build on our market-leading presence in Canada as we continue with our mission of enabling the success of students and educators through the provision of innovative learning tools – in both digital and print formats– to assist learners of all ages.”
- Category
- Archive
- December 2018
- November 2018
- October 2018
- September 2018
- August 2018
- July 2018
- June 2018
- May 2018
- April 2018
- March 2018
- February 2018
- January 2018
- December 2017
- November 2017
- October 2017
- September 2017
- August 2017
- July 2017
- June 2017
- May 2017
- April 2017
- March 2017
- February 2017
- January 2017
- December 2016
- November 2016
- October 2016
- September 2016
- August 2016
- July 2016
- June 2016
- May 2016
- April 2016
- March 2016
- February 2016
- January 2016
- December 2015
- November 2015
- October 2015
- August 2015
- July 2015
- June 2015
- May 2015
- April 2015
- March 2015
-
Blog
- Canadian M&A Market Recap: Week Ended...
- Canadian M&A Market Recap: Week Ended...
- Canadian M&A Market Recap: Week Ended...
- Canadian M&A Market Recap: Week Ended...
- Canadian M&A Market Recap: Week Ended...
- Canadian M&A Market Recap: Week Ended...
- Canadian Market Recap: November 30th
- Canadian M&A Market Recap: Week Ended...
- Canadian M&A Market Recap: Week Ended...
- Canadian M&A Market Recap: Week Ended...
- Canadian M&A Market Recap: Week Ended...
- Canadian Market Recap: October 31st
- Canadian M&A Market Recap: Week Ended...
- Canadian M&A Market Recap: Week Ended...
- Canadian M&A Market Recap: Week Ended...
- Canadian M&A Market Recap: Week Ended...
- Canadian Market Recap: September 30th
- Canadian M&A Market Recap: Week Ended...
- Canadian M&A Market Recap: Week Ended...
- Canadian M&A Market Recap: Week Ended...
- Canadian M&A Market Recap: Week Ended...
- Canadian M&A Market Recap: Week Ended...
- Canadian Market Recap: August 31
- Canadian M&A Market Recap: Week Ended...
- Canadian M&A Market Recap: Week Ended...
- Canadian M&A Market Recap: Week Ended...
- Canadian M&A Market Recap: Week Ended...
- Canadian Market Recap: July 31st
- Canadian M&A Market Recap: Week Ended...
- Canadian M&A Market Recap: Week Ended...
- Canadian M&A Market Recap: Week Ended...
- Canadian M&A Market Recap: Week Ended...
- Canadian M&A Market Recap: Week Ended...
- Canadian M&A Market Recap: Week Ended...
- Canadian M&A Market Recap: Week Ended...
- Canadian M&A Market Recap: Week Ended...
- Canadian M&A Market Recap: Week Ended...
- Canadian Market Recap: May 30th
- Canadian M&A Market Recap: Week Ended May...
- Canadian M&A Market Recap: Week Ended May...
- Canadian M&A Market Recap: Week Ended May...
- Canadian M&A Market Recap: Week Ended May...
- Canadian Market Recap: April 30th
- Canadian M&A Market Recap: Week Ended...
- Canadian M&A Market Recap: Week Ended...
- Canadian M&A Market Recap: Week Ended...
- Canadian M&A Market Recap: Week Ended...
- Canadian M&A Market Recap: March 31
- Canadian M&A Market Recap: Week Ended...
- Canadian Market Recap: Week Ended March...
- Canadian Market Recap: Week Ended March...
- Canadian Market Recap: Week Ended March 9
- Canadian Market Recap: Week Ended March...
- Market Recap: February 28
- Canadian Market Recap: Week Ended...
- Canadian Market Recap: Week Ended...
- Canadian Market Recap: Week Ended...
- Canadian Market Recap: Week Ended...
- Canadian Market Recap: January 31
- Canadian Market Recap: Week Ended January...
- Canadian Market Recap: Week Ended January...
- Canadian Market Recap: Week Ended January...
- Canadian Market Recap: Week Ended January...
- Canadian Market Recap: December 31
- Canadian Market Recap: Week Ended...
- Canadian Market Recap: Week Ended...
- Canadian Market Recap: Week Ended...
- Canadian Market Recap: November 30
- Canadian Market Recap: Week Ended...
- Canadian Market Recap: Week Ended...
- Canadian Market Recap: Week Ended...
- Canadian Market Recap : Week Ended...
- Canadian Market Recap: October 2017
- Canadian Market Recap: Week Ended October...
- Canadian Market Recap: Week Ended October...
- Canadian Market Recap: Week Ended October...
- Canadian Market Recap: Week Ended October...
- Canadian Market Recap: September 2017
- Canadian Market Recap: Week Ended...
- Canadian Market Recap: Week Ended...
- Canadian Market Recap: Week Ended...
- Canadian Market Recap: Week Ended...
- Canadian Market Recap: Week Ended...
- Canadian Market Recap: August 2017
- Canadian Market Recap: Week Ended August...
- Canadian Market Recap: Week Ended August...
- Canadian Market Recap: Week Ended August...
- Canadian Market Recap: Week Ended August...
- Canadian M&A Market Recap: July 2017
- Canadian Market Recap: Week Ended July 28
- Canadian Market Recap: Week Ended July...
- Canadian Market Recap: Week Ended July 14
- Canadian Market Recap: Week Ended July 7
- Canadian Market Recap: Week Ended June 30
- Canadian M&A Market Recap: June 2017
- Canadian Market Recap: Week Ended June 23
- Canadian Market Recap: Week Ended June 16
- Canadian Market Recap: Week Ended June 9
- Canadian Market Recap: Week Ended June 2
- Canadian M&A Market Recap: May 2017
- Canadian Market Recap: Week Ended May 26
- Geoff Bennett Joins Valitas Capital as a...
- Canadian Market Recap: Week Ended May 19
- The Geek’s Reading List: May 12, 2017
- Canadian M&A Market Recap: Week Ended May...
- Canadian M&A Market Recap: Week Ended May...
- The Geek's Reading List: May 5th
- Canadian M&A Market Recap: Week Ended...
- Canadian M&A Market Recap: April 2017
- The Geek's Reading List: April 28
- Canadian Market Recap: Week Ended April...
- The Geek's Reading List: April 21
- The Geek's Reading List: April 14
- Canadian M&A Market Recap: Week Ended...
- The Geek's Reading List: April 7
- Canadian M&A Market Recap: Week Ended...
- The Geek's Reading List: March 31
- Canadian M&A Market Recap: Week Ended...
- Canadian M&A Market Recap: March 2017
- The Geek's Reading List: March 24
- Canadian M&A Market Recap: Week Ended...
- Canadian M&A Market Recap: Week Ended...
- The Geek’s Reading List: March 17
- The Geek’s Reading List: March 10
- Canadian M&A Market Recap: Week Ended...
- Canadian M&A Market Recap: Week Ended...
- The Geek’s Reading List: March 3
- Canadian M&A Market Recap: February,...
- The Geek’s Reading List: February 24
- Canadian M&A Market Recap: Week Ended...
- The Geek’s Reading List:February 17
- Canadian M&A Market Recap: Week Ended...
- The Geek's Reading List February 10, 2017
- Canadian M&A Market Recap: Week Ended...
- Canadian M&A Market Recap: Week Ended...
- The Geek’s Reading List: February 3,...
- Canadian M&A Market Recap: January, 2017
- The Geek’s Reading List: January 27,...
- Canadian M&A Market Recap: Week Ended...
- The Geek’s Reading List: January 20,...
- Canadian M&A Market Recap: Week Ended...
- Canadian M&A Market Recap: Week Ended...
- The Geek’s Reading List: January 13,...
- The Geek’s Reading List: January 6,...
- Canadian M&A Market Recap: Week Ended...
- Canadian M&A Market Recap: December,...
- The Geek’s Reading List: December 30,...
- The Geek’s Reading List: December 23,...
- Canadian M&A Market Recap: Week Ended...
- Canadian M&A Market Recap: November,...
- Canadian M&A Market Recap: Week Ended...
- Canadian M&A Market Recap: Week Ended...
- The Geek's Reading List: Nov 25
- Canadian M&A Market Recap: Week Ended...
- The Geek's Reading List: Nov 18
- Canadian M&A Market Recap: Week Ended...
- Canadian M&A Market Recap: October, 2016
- The Geek's Reading List: Nov 11
- Canadian M&A Market Recap: Week Ended...
- The Geek's Reading List: Nov 4
- Canadian M&A Market Recap: Week Ended...
- The Geek's Reading List: October 28
- Canadian M&A Market Recap: Week Ended Oct...
- The Geek's Reading List: October 21
- Canadian M&A Market Recap: Week Ended Oct...
- The Geek's Reading List: October 14
- Canadian M&A Market Recap: Week Ended Oct...
- The Geek's Reading List: October 7
- Canadian M&A Market Recap: Week Ended Oct...
- The Geek's Reading List: Sept 30
- Canadian M&A Market Recap: Week Ended...
- Canadian M&A Market Recap: September,...
- The Geek's Reading List: Sept 23
- Canadian M&A Market Recap: Week Ended...
- The Geek's Reading List: Sept 16
- Canadian M&A Market Recap: Week Ended...
- The Geek's Reading List: Sept 9
- Canadian M&A Market Recap: Week Ended...
- The Geek's Reading List: Sept 2
- Canadian M&A Market Recap: Week Ended...
- The Geek's Reading List: Aug 26
- Canadian M&A Market Recap: Week Ended Aug...
- The Geek's Reading List: Aug 19
- Canadian Private Market Recap: Aug 19
- The Geek's Reading List: Aug 12
- Canadian Private Market Recap: Aug 12
- The Geek's Reading List: Aug 5
- Canadian Private Market Recap: Aug 5
- The Geek's Reading List: July 29
- Canadian Private Market Recap: July 29
- The Geek's Reading List: July 22
- Canadian Private Market Recap: July 22
- The Geek's Reading List: July 15
- Canadian Private Market Recap: July 15
- The Geek's Reading List: July 8
- Canadian Private Market Recap: July 8
- Canadian Private Market Recap: July 1
- The Geek's Reading List: July 1
- The Geek's Reading List: June 24
- Canadian Private Market Recap: June 24
- The Geek's Reading List: June 17
- Canadian Private Market Recap: June 17
- The Geek's Reading List: June 10
- Canadian Private Market Recap: June 10
- The Geek's Reading List: June 3
- Canadian Private Market Recap: June 3
- The Geek's Reading List: May 27
- Canadian Private Market Recap: May 27
- The Geek's Reading List: May 20
- Canadian Private Market Recap: May 20
- Canadian Private Market Recap: May 13
- The Geek's Reading List: May 13
- Canadian Private Market Recap: May 6
- The Geek's Reading List: May 6
- Confidentiality is Crucial
- Canadian Private Market Recap: Apr 29
- The Geek's Reading List: Apr 29
- The Geek's Reading List: Apr 22
- Canadian Private Market Recap: Apr 22
- The Geek's Reading List: Apr 15
- Canadian Private Market Recap: Apr 15
- The Geek's Reading List: Apr 8
- Canadian Private Market Recap: Apr 8
- The Geek's Reading List: Apr 1
- Canadian Private Market Recap: Apr 1
- The Geek's Reading List: Mar 25
- Canadian Private Market Recap: Mar 24
- The Geek's Reading List: Mar 18
- Canadian Private Market Recap: Mar 18
- The Geek's Reading List: Mar 11
- Canadian Private Market Recap: Mar 11
- The Geek's Reading List: Mar 4
- Canadian Private Market Recap: Mar 4
- The Geek's Reading List: Feb 26
- Canadian Private Market Recap: Feb 26
- The Geek's Reading List: Feb 19
- Canadian Private Market Recap: Feb 19
- The Geek's Reading List: Feb 13
- Canadian Private Market Recap: Feb 12
- The Geek's Reading List: Feb 5
- Canadian Private Market Recap: Feb 5
- The Geek's Reading List: Jan 29
- Canadian Private Market Recap: Jan 29
- The Geek's Reading List: Jan 22
- Canadian Private Market Recap: Jan 22
- The Geek's Reading List: Jan 15
- Canadian Private Market Recap: Jan 15
- The Geek's Reading List: Jan 8
- Canadian Private Market Recap: Jan 8
- Canadian Private Market Recap: Dec 31
- The Geek's Reading List: Dec 25
- The Geek's Reading List: Dec 18
- Canadian Private Market Recap: Dec 18
- Canadian Private Market Recap: Dec 11
- The Geek's Reading List: Dec 4
- Canadian Private Market Recap: Dec 04
- The Geek's Reading List: Nov 27
- Canadian Private Market Recap: Nov 27
- Canadian Private Market Recap: Nov 20
- The Geek's Reading List: Nov 20
- The Geek's Reading List: Nov 13
- Canadian Private Market Recap: Nov 13
- Canadian Private Market Recap: Nov 8
- The Geek's Reading List: Nov 6
- Canadian Private Market Recap: Oct 30
- The Geek's Reading List: October 30
- Canadian Private Market Recap: Oct 23
- The Geek's Reading List: October 23
- Canadian Private Market Recap: Oct 16
- The Geek's Reading List: October 16
- Canadian Private Market Recap: Oct 9
- Canadian Private Market Recap: Aug 31
- The Geek's Reading List: August 28
- Canadian Private Market Recap: Aug 23
- The Geek's Reading List: August 21
- Canadian Private Market Recap: August 16
- The Geek's Reading List: August 14
- Canadian Private Market Recap: Aug 9
- Time Becomes Your Enemy
- The Geek's Reading List: August 7
- Canadian Private Market Recap: Aug 2
- The Geek’s Reading List: July 31
- Canadian Private Market Recap: July 26
- The Geek’s Reading List: July 24
- Canadian Private Market Recap: July 19
- The Geek’s Reading List: July 17
- Canadian Private Market Recap: July 12
- The Geek’s Reading List: July 10
- Canadian Private Market Recap: July 5
- The Geek’s Reading List: July 3
- Canadian Private Market Recap: June 26
- The Geek’s Reading List: June 26
- Canadian Private Market Recap: June 19
- The Geek’s Reading List: June 19
- Canadian Private Market Recap: June 12
- The Geek’s Reading List: June 12
- Canadian Mid-Market M&A by Deal Size
- Canadian Mid-Market M&A: Acquirer Origin
- Canadian Mid-Market M&A by Industry
- Canadian Private Market Recap: June 5
- Canadian Mid-Market M&A by Quarter
- Canadian Mid-Market M&A: Global Context
- The Geek’s Reading List: June 5
- Canadian Private Market Recap: May 29
- The Geek’s Reading List: May 29
- Canadian Private Market Recap: May 18
- The Geek’s Reading List: May 22
- Canadian Private Market Recap: May 11
- The Geek’s Reading List: May 15
- 8 Factors that Drive Business Saleability
- Canadian Private Market Recap: May 4
- The Geek’s Reading List: May 8
- Canadian Private Market Recap: April 27
- The Geek’s Reading List: May 1
- Canadian Private Market Recap: April 20
- PitchBook’s 1Q 2015 Quarterly Recap
- Canadian Private Market Recap: Mar 30
- Capital Structure for U.S. Buyouts, 2014
- Canadian PE & Foreign Investment, 2014
- PE Investment: Canadian Businesses, 2014
- Canadian PE, 2014: Historical Context
- Canadian PE, 2014: Global Context
-
Articles
- Valitas Recession Watch Third Quarter...
- Building Products Industry Snapshot Q2...
- IT Services Industry Snapshot Q2 2018
- Packaged Food and Meats Industry Snapshot...
- Construction and Engineering Industry...
- Auto Parts and Equipment Industry...
- Understanding Your Liquidity Options: The...
- Valitas Recession Watch Second Quarter...
- Auto Parts and Equipment Industry...
- Building Products Industry Snapshot Q3...
- Construction and Engineering Industry...
- IT Services Industry Snapshot Q3 2018
- Packaged Food and Meats Industry Snapshot...
- Using Debt to Fuel Value Creation
- The Opaque Lending Market
- 2018 Q2 Canadian Business Outlook
- Building Products Industry Snapshot Q1...
- Air Freight & Logistics Industry Snapshot...
- IT Services Industry Snapshot Q1 2018
- Packaged Food & Meats Industry Snapshot...
- Construction & Engineering Industry...
- Auto Parts & Equipment Industry Snapshot...
- A Primer on Market Cycles - Part 2: Where...
- Transferability: Richard Branson’s...
- Industry Challenges for Canadian Auto...
- Blockchain and M&A Part III – The...
- 2018 Canadian Business Outlook
- Canadian M&A: Our 2017 Review
- Unlocking your Company’s Real Estate...
- Private Equity Holding Period and Value...
- Holiday Edition: Acquisition Opportunity...
- Leveraging Representations & Warranties...
- Why M&A Deals Fail - Part 1
- Part 2: Logistics at the Heart of...
- Part 2: Getting Bang for Your Buck in...
- Blockchain and M&A Part II – Due...
- Management Diligence – The Power of a...
- Making Sense of Private Market M&A...
- Logistics & M&A: Adaptation and...
- Driving Growth in Your New Acquisitions -...
- Canadian M&A: Our Q3 2017 Review
- Selling Your Business: What do Buyers...
- Cross-Border M&A: The Critical Role of...
- Five Potential Use-Cases for Blockchain...
- Negotiating Concessions in M&A...
- Adapting to a Challenging Environment: ...
- The Night Moves: On Labour Costs, Energy...
- How to Prepare Your Supply Chain For a...
- Confidentiality is King… Transaction...
- Canadian Private Equity: The Trajectory...
- League of the Overshadowed
- What’s your Growth Profile? The...
- Get the Most Out of Your Merger: Key...
- Hiring an M&A Adviser: What's the Value?...
- Private Equity: Evolving to Meet Current...
- U.S. Middle Market, Q2/2017: Slower...
- China, Canada, and Capital Controls…The...
- Canadian M&A – Our Q2/2017 Review
- Hiring an M&A Advisor: What’s the...
- Pursuit of Cross-Border Deals in the Face...
- Private Equity and Portfolio Company...
- Canadian Venture Capital and Private...
- CETA: Sparking an Increase in...
- Know Your Buyers: Part 3
- What do Sellers Want?
- Canadian M&A Diverges from the Global...
- Where’s the Value? Strategies for...
- Where’s the Value? Strategies for...
- Know your Buyers: Part II
- Long Term vs. Short Term...Where's the...
- The High-Flying U.S. Middle Market and...
- The Uncertainty of the Deal: US Trade...
- Recreational Cannabis on Bay Street: New...
- Q1 2017 M&A: Global vs. Canada – Same...
- Canadian Oil & Gas in 2017: Challenges,...
- Know Your Buyers: Part I
- The February Plummet
- The Dry Powder Saga continues in 2017…
- Strong Advisor Network, Investment...
- The Middle Market – The Deal Engine for...
- Creating Value in the Current...
- The Lower Middle Market: Resilience in...
- The Middle Market - Full Steam Ahead in...
- Our Last Insight Article of the Year!
- M&A in 2017 – A Glimpse at What Lies...
- Growth in the Middle Market – Bucking...
- Platform or Add-on: How is US buyout...
- Stark Contrast in Private Equity versus...
- Experience Breeds Success: An M&A...
- Large deals, high valuations…Are...
- Disruptive Partnerships and “Sandbox”...
- Solving the Value Creation Dilemma - How...
- Tariffs, Taxes and Trump: U.S. Border...
- What’s the Deal: The Future of...
- Looking through the Windshield
- Avoiding Post-Acquisition Surprises
- Three Private Equity Value Creation...
- Do 89% of Canadian Business Owners Lack...
- Confidentiality is Crucial
- Minimizing the Inevitable Risks in an M&A...
- Time Becomes Your Enemy
- Cricket Media Case Study
- What is your M&A Deal’s North Star?
- Business Transitions Forum 2017
- Business Transitions Forum 2017
- Get the Most Out of Your Merger: Key...
- Know Your Buyers: Strategic vs Financial
- Publications
- Subscribe