M&A Reports
November 2025
In Q3 2025, there were 662 Canadian M&A announcements, up 8% from the prior quarter and slightly above the trend line of the last several quarters. Total deal value climbed to a decade high of $145B driven by 20 mega deals, including three significant transactions that were all above $10B. Despite a continuation of the […]
Read More →
News
November 2025
Despite ongoing economic uncertainty, merger and acquisition activity picked up in the third quarter, according to new data from Crosbie & Co. Inc. The volume of M&A rose by 8% in the third quarter, and total deal value was up to $145 billion, an increase of 28%, on a quarter-over-quarter basis. The surge in deal […]
Read More →
Newsletter
September 2025
Crosbie recently advised the owner of Eden Energy Equipment Ltd., a specialized distributor of energy-efficient HVAC systems based in Ontario, on its sale to existing management in partnership with Sugar Maple Capital, a Canadian private equity firm. Through our research on the sector and discussions with many industry players as part of the sale process, […]
Read More →
News
August 2025
Merger and acquisition (M&A) activity held steady in the second quarter, but the value of dealmaking soared thanks to a handful of mega deals, according to new data from Crosbie & Co. Inc. There were 611 M&A deals announced in the second quarter, largely unchanged from the 615 transactions reported in the first quarter, the […]
Read More →
M&A Reports
August 2025
M&A deal volume in the second quarter of 2025 eased slightly to 611 deals, down from 615 the prior quarter, as deal makers grappled with President Trump’s tariffs and trade uncertainties. However, robust mega-deal activity drove announced deal value up 82% to $114B, the highest level since 2019. The quarter opened under the shadow of […]
Read More →
Press Releases
July 2025
CaTECH Systems Receives Growth Investment from WestView Capital Partners July 24, 2025 Markham, ON and Boston, MA – CaTECH Systems (“CaTECH” or the “Company”), a leading provider of integrated infrastructure services across Canada, announced today that it has received a growth investment from WestView Capital Partners (“WestView”), a Boston-based private equity firm focused on partnering […]
Read More →
Newsletter
June 2025
Given the importance of private equity to middle market M&A, we thought you may have an interest in our latest analysis of certain proprietary valuation and transaction capital structure data for private equity acquisitions of mid-market companies. This data is mainly based on acquisitions of between $10 and $250 million by Canadian and U.S. private […]
Read More →
News
May 2025
The volume of Canadian merger and acquisition activity held up in the first quarter, even as the value of dealmaking dropped amid fewer “mega” deals, according to new data from Toronto-based investment bank Crosbie & Co. Inc. There were 680 M&A deals announced in the first quarter, up slightly from 672 in the previous quarter […]
Read More →
Newsletter
May 2025
In late 2024, Visual Elements Manufacturing, a major Canadian store fixture business, was sold to SigmaQ, a family-owned luxury packaging and merchandising solutions business based in El Salvador. Crosbie advised the owners of Visual Elements on that transaction. Through our research on the sector and discussions with many industry players as part of the sale […]
Read More →
M&A Reports
May 2025
After a strong rebound in M&A activity through 2024, the market moderated in the first quarter of 2025 as dealmakers navigate a rapidly changing landscape amid growing tariff and macroeconomic uncertainty. Announced deals totaled 615 (10% decline from the last quarter), and total deal value fell 16% to $63B. As the quarter progressed and global […]
Read More →
News
May 2025
Amid uncertainty and a gloomier economic outlook triggered by erratic shifts in U.S. trade and economic policy, Canadian merger and acquisition (M&A) activity slumped in the first quarter, new data from Crosbie & Co. show. The value of M&A activity dropped 16% from the previous quarter to $63 billion, and the number of deals declined […]
Read More →
Press Releases
April 2025
Execution of bolt-on acquisition strategy continues to enhance company’s durable financial profile by adding highly complementary products and capabilities focused on high-growth, sustainable end markets Acquisitions will expand Ingersoll Rand’s product and technology portfolio with additional chiller and onsite gas generation offerings and support the company’s in-region for the region strategy Acquisitions have a combined […]
Read More →
M&A Reports
March 2025
As we sit today, 2024 may seem like a different time. Following a weak 2023 Canadian M&A environment, the market turned and strengthened throughout 2024 with four consecutive quarters of growth in announced transactions. This was despite tariff-threat road-bumps that emerged late in the year. Announced deals in Q4 totaled 685, a 5% increase from […]
Read More →
News
March 2025
While the deal climate has started shifting this year amid heightened uncertainty — merger and acquisition activity enjoyed a strong 2024, according to new data from Crosbie & Co. Inc. In the fourth quarter, the volume of M&A deals rose by 5%, and deal value was up 12% from the previous quarter, the Toronto-based firm […]
Read More →
News
February 2025
The threat of a trade war hanging over the North American economy has sent a chill through investors, putting deals on pause and making it harder for Canadian companies to raise capital. The prospect that punishing tariffs threatened by U.S. President Donald Trump could upend key industries such as manufacturing and agriculture has raised the […]
Read More →
Media
December 2024
Our partner Richard Betsalel was invited to BNN Bloomberg’s ‘The Open’ to discuss the state of the M&A landscape in Canada and what he sees in 2024/25.
Read More →
M&A Reports
December 2024
Canadian M&A maintained the momentum it built in the first half of 2024 as announced transactions increased for the third straight quarter. Q3 saw 655 deals announced, up 1% from the previous quarter and 13% year-over-year. Announced deal value declined 10% from the prior quarter to $66B, supported by record level mega-deal activity. The third […]
Read More →
News
December 2024
Amid a brightening economic picture, the volume of merger and acquisition (M&A) deals ticked up in the third quarter of 2024, according to Crosbie & Co. Inc. There were 655 M&A deals announced in the third quarter, up 1% from the previous quarter and 13% from a year prior, the Toronto-based mid-market investment bank said […]
Read More →
M&A Reports
August 2024
In Q2 2024, announced Canadian M&A transactions increased for the second straight quarter, the first two quarter upswing since the pandemic-driven surge in 2021. There were 650 announced transactions in Q2, a 7% rise from the previous quarter though still down 12% year-over-year. Announced deal value was up 79%, totaling $74B, an increase from $41B […]
Read More →
News
August 2024
Merger-and-acquisition (M&A) activity picked up in the second quarter, and the value of deal activity soared on the strength of a handful of large deals, reports Crosbie & Co. Inc. According to new data from the Toronto-based mid-market investment bank, the volume of M&A deals rose 7% in the second quarter, and deal value jumped […]
Read More →
Press Releases
May 2024
May 30, 2024 Eden Energy Equipment Limited (“Eden”) has been acquired by Sugar Maple Capital and Michael Ridler, Eden’s general manager. Crosbie & Company Inc. acted as the exclusive sell-side advisor to Eden Energy Equipment Limited. Michael Ridler joined Eden more than 20 years ago, and is currently general manager. Grant Blackmore, owner and president, […]
Read More →
M&A Reports
May 2024
Canadian M&A activity in Q1 2024 displayed a modest recovery after two consecutive quarters of declining deal volume and aggregate deal value. Announced deals increased by 11% to 606 from 546 in Q4 2023, though still down 16% year-over-year. Total deal value for the quarter reached $41B, an increase from $40B in the previous quarter. […]
Read More →
News
May 2024
Merger-and-acquisition activity rebounded a bit in the first quarter, according to data from Crosbie & Co. Inc. The number of deals announced in the first quarter of 2024 rose by 11% from the previous quarter, and total deal value edged up to $41 billion from $40 billion, the Toronto-based, mid-market investment bank reported Thursday. “Despite […]
Read More →
Newsletter
April 2024
Given the importance of private equity to middle market M&A, we thought you may have an interest in our latest analysis of certain proprietary valuation and transaction capital structure data for private equity acquisitions of mid-market companies. This data is mainly based on acquisitions of between $10 and $250 million by Canadian and U.S. private […]
Read More →
M&A Reports
February 2024
Canadian M&A volume decreased in the last quarter of 2023 with announced deals dropping to 546 from 579 in Q3 2023. Compared to this time last year, M&A activity is down 28% and represents the slowest quarter in the last decade. Like last quarter, a higher interest rate macro environment and economic uncertainty continues to […]
Read More →
News
February 2024
Merger and acquisition activity had its weakest quarter in the past 10 years to end 2023, according to new data from Crosbie & Co. Inc. The Toronto-based firm reported that there were 546 deals announced in the fourth quarter of 2023, down from 579 in the third quarter. From the same quarter a year ago, […]
Read More →
M&A Reports
November 2023
Canadian M&A deal volume slipped in the third quarter of 2023 with announced deals dropping to 579 from 736 in Q2 2023. Across the board, tight credit and equity markets are limiting buyers’ access to leverage and financing, and uncertainty is limiting vendors’ inclination to sell. Furthermore, whilst deal count fell 21% QoQ, deal value […]
Read More →
News
November 2023
M&A Deal Activity Retreats in Q3: Crosbie https://www.crosbieco.com/who-we-are/news-media/news-item/2023/11/08/m-a-deal-activity-retreats-in-q3-crosbie Economic uncertainty, tight finances weighing on deal flow Merger and acquisition activity dropped in the third quarter, amid growing economic uncertainty and tight financial conditions, Crosbie & Co. Inc. reports. The Toronto-based firm said deal volume dropped by more than 20% in Q3, with 579 transactions announced […]
Read More →
News
November 2023
Deal-making activity in Canada fell to its lowest level since at least 2017 during the third quarter, though signs of stabilizing interest rates should soon usher in the rebound experts have long expected. Both the number of merger and acquisition transactions and their combined value declined significantly year-over-year between the start of July and the […]
Read More →
News
September 2023
After eight forgettable months, Bay Street is having a September to remember. The slump in stock sales ended late Tuesday, as investment banks staged a successful $4-billion equity offering for Enbridge Inc., pocketing $130-million in fees. On Wednesday, the banks did three more deals. They raised $500-million to help fund insurer Intact Financial Corp.’s planned […]
Read More →
M&A Reports
August 2023
The Canadian M&A market is showing signs of stability, with the level of deal activity in the last three quarters settling into a new trading range after its mid-pandemic upsurge and subsequent decline. In Q2 2023, the number of M&A announcements edged up to 736, showing a modest rise from the previous quarter, while total […]
Read More →
News
August 2023
Merger and acquisition activity edged higher in the second quarter, according to new data from Toronto’s Crosbie & Co. Inc. The number of deals ticked up to 736 in the second quarter from 721 in the prior period. The value of M&A deals also jumped by 41% quarter over quarter to $74.4 billion. “The Canadian […]
Read More →
News
June 2023
TORONTO–(Business Wire) – Nobis Inc., a leading premium outerwear and accessory brand from Canada, is pleased to announce its joint venture with Shenzhen-based multi-brand fashion group ShenZhen Ellassay Fashion Co., Ltd, marking a significant milestone in Nobis’ global expansion strategy. This strategic alliance leverages the strengths of both companies, combining Nobis’ inn
Read More →
Media
June 2023
Original Source: Stikeman Elliott Views from the Market, Episode 85 Colin Walker and Stephen Ng were guests on Stikeman Elliott’s Views from the Market podcast hosted by Mario Nigro, M&A partner at Stikeman.
Read More →
Newsletter
June 2023
Given the importance of private equity to middle market M&A, we thought you may have an interest in our latest analysis of certain proprietary valuation and transaction capital structure data for private equity acquisitions of mid-market companies. This data is mainly based on acquisitions of between $10 and $250 million by Canadian and U.S. private […]
Read More →
M&A Reports
May 2023
In Q1 2023, there were 721 announced Canadian M&A transactions representing a total deal value of $52.7B. Announcements were slightly below the prior quarter but were generally in line with the average for the prior three quarters (730 announcements); however, they remain below the average quarterly levels pre-pandemic (825) and during Covid-19 (880). “The last […]
Read More →
News
May 2023
Canadian merger and acquisition activity dipped a bit in the first quarter, reflecting a gloomier economic outlook and tighter financial conditions, according to new data from Toronto’s Crosbie & Co. Inc. There were 721 M&A deals announced in the first quarter, down from 758 transactions in the previous quarter. Deal value also dropped quarter over […]
Read More →
M&A Reports
February 2023
In Q4 2022, announced Canadian M&A transactions increased after a seeing a decline in the previous three quarters. In the most recent quarter, there were 758 announced transactions, up 11% quarter-over-quarter, with total deal value climbing to $90B. While headed in the right direction, quarterly activity was down -20% relative to Q4 2021. On a […]
Read More →
News
February 2023
Canadian merger and acquisition activity ticked up in the fourth quarter, according to new data from mid-market investment bank Crosbie & Co. Inc. The volume of deals rose by 11% in the final quarter of 2022, and the deal value was up by 42% to $90 billion, making the fourth quarter the strongest of last […]
Read More →
M&A Reports
November 2022
In Q3 2022, announced Canadian M&A transactions declined for the third quarter in a row, hitting the second lowest quarterly level since the onset of COVID-19 and flirting with pre-pandemic levels last seen in 2016. In the most recent quarter, there were 684 announced transactions, down 8% quarter-over-quarter, representing deal value of $63B, up 16% […]
Read More →
News
November 2022
Deal making activity slowed further in Canada during the third quarter, continuing a downtrend trend driven by rising interest rates and volatile market conditions, though experts are counting on a rebound in 2023. A total of 684 merger and acquisition transactions were announced between the start of July and the end of September, according to […]
Read More →
News
November 2022
Heightened economic uncertainty and tighter financial conditions continue to weigh on merger and acquisition activity, according to the latest data from Toronto-based Crosbie & Co. Inc. There were 684 deals announced in the third quarter, down by 8% from the previous quarter — however, the value of deals rose to $63 billion, up about 16% […]
Read More →
Press Releases
October 2022
Equals Brewing (London, ON) acquires Side Launch (Collingwood, ON) Combined portfolio includes Ontario’s pioneering seltzer brand (Bangarang), 2016 Craft Brewer of the Year (Side Launch), the #3 rated wheat beer in the world (Side Launch Wheat), and award-winning Shake Lager The combined company is excited to grow and expand from both of its homes in London and Collingwood LONDON, […]
Read More →
Press Releases
August 2022
News provided by Covington Capital Corp. TORONTO, Aug. 30, 2022 /CNW/ – Covington Fund II Inc. (the “Fund”) announced today that it has signed a binding Asset Purchase Agreement comprising the sale of the Fund’s remaining venture holdings. The En-Bloc sale is in exchange for $7,000,000 in cash to an Affiliate of North Sky Capital, a Secondary Fund based in Wayzata, […]
Read More →
Press Releases
August 2022
Combined capabilities and agile expertise position Praecipio as a leading Atlassian partner in Canada AUSTIN, Texas & WINNIPEG, Manitoba–(BUSINESS WIRE)–Praecipio is acquiring Avant Systems Group, expanding its global practice as the premier cloud-first business and technology consulting firm in the U.S. and Canada. Avant is a Canadian-based Atlassian Platinum Solution Partner known for its exceptional support […]
Read More →
M&A Reports
July 2022
In Q2 2022, Canadian M&A decelerated sharply, falling back from the highs reached in 2021 toward activity levels seen in the pre-pandemic period. In the second quarter, there were 747 announced transactions representing deal value of $54B, down 12% and 19% from Q1 2022, respectively. In the first half, there were 1,598 transactions, representing a […]
Read More →
News
June 2022
Bay Street’s summer vacation plans are in jeopardy. Bankers and lawyers are bracing for a second consecutive year of record-breaking merger and acquisition activity, fuelled in part by a recent tech stock sell-off that dramatically lowered the price tag on growth-focused businesses. In recent months, M&A activity has exploded in sectors such as software, IT […]
Read More →
Newsletter
June 2022
Given the importance of private equity to middle market M&A, we thought you may have an interest in our latest analysis of certain proprietary valuation and transaction capital structure data for private equity acquisitions of mid-market companies. This data is mainly based on acquisitions of between $10 and $250 million by Canadian and U.S. private […]
Read More →
M&A Reports
April 2022
Canadian M&A activity softened in Q1 2022 with 851 announced transactions representing $67B in deal value, below the record highs achieved in 2021 where the quarterly averages were 964 and $90B, respectively. However, Canadian M&A activity remains quite strong relative to historical conditions—the three-year period from 2018 to 2020 saw a quarterly average of 814 […]
Read More →
News
April 2022
Canadian merger and acquisition activity retreated in the first quarter but remained strong on a historical basis, according to data from Toronto’s Crosbie & Co. Inc. The firm reported that there were 851 M&A deals announced in the first quarter, generating $67 billion in deal value. While this is weaker than the last year’s quarterly […]
Read More →
Newsletter
February 2022
At Crosbie, we have been selling businesses for over 30 years and have assisted hundreds of business owners. Through this experience, we have fielded many questions and concerns raised by entrepreneurs about the M&A sale process as well as some common misconceptions, including the following: .pdf “Crosbie Perspectives 2019”).pdf “Crosbie/GMAP IoT in Manufacturing Industry Report […]
Read More →
M&A Reports
January 2022
Following a slight pullback in Q3, M&A activity picked up again in Q4 2021 with 943 announced transactions. This elevated the full-year into the record books with 3,857 announced deals representing $359B in aggregate value. In terms of annual activity and deal value, 2021 surpasses the prior record by more than 400 deals and $27B […]
Read More →
News
January 2022
Following a fourth quarter resurgence, Canadian merger and acquisition activity reached record levels in 2021, according to new data from Crosbie & Co. The Toronto-based mid-market investment bank reported that there were 3,857 M&A transactions announced last year, representing $359 billion in total value. M&A activity set records in terms of both deal volume and […]
Read More →
M&A Reports
November 2021
M&A activity continued to moderate in the third quarter of 2021 with 917 reported deals, representing a decline of 7% compared to Q2 and the lowest quarterly level transactions we have seen over the prior three quarters. However, despite this declining trend, the quarter was still the fourth strongest quarter on record with announcements that […]
Read More →
News
November 2021
Merger and acquisition activity stayed strong in the third quarter, but the pace of deal-making is slowing from its recent record levels, according to new data from Crosbie & Co. The volume of M&A deals slipped by 7% in the third quarter, the Toronto-based mid-market investment bank reported. While Q3 represented the weakest quarter so […]
Read More →
M&A Reports
August 2021
Following a blistering start to the year and an all-time record Q1, Canadian M&A announcements in second quarter of 2021 essentially maintained this pace with only a slight 2% decrease. The 990 Canadian M&A transactions announced in Q2 2021 represents the second highest quarter on record and contributed to the strongest first half we have […]
Read More →
Press Releases
August 2021
CLEVELAND, Aug. 16, 2021 /PRNewswire/ — Brown Gibbons Lang & Company (BGL) is pleased to announce the sale of Ontario Excavac Inc. (Ontario Excavac), a Market Square Equity Partners portfolio company, to an undisclosed North American infrastructure investor. BGL’s Environmental & Industrial Services investment banking team and its Global M&A partner, Crosbie & Company Inc., served as the exclusive financial advisors to […]
Read More →
Newsletter
June 2021
A few years ago, the Internet of Things (“IoT”) was not on most people’s radar screen. Today, it is regarded as an important transformative technology and for some manufacturers, one that will become an important secular growth driver. In view of the IoT’s growing relevance and importance to many companies across a range of sectors, […]
Read More →
M&A Reports
June 2021
Following a record in the fourth quarter of 2020, Canadian M&A surged in Q1 2021 to a new all-time high. 1007 Canadian M&A transactions were announced in Q1, representing an increase of 8% from the prior quarter. “While some of this record activity likely represents a continued catchup of deals put on hold early in […]
Read More →
News
June 2021
Canadian merger-and-acquisition activity hit another all-time high in the first quarter of 2021, according to new data from Crosbie & Co. The Toronto-based investment bank reported that there were 1,007 M&A deals announced in the first quarter, up 8% from the prior quarter and 26% from the same quarter last year, to a new record […]
Read More →
Newsletter
May 2021
Given the importance of private equity to middle market M&A, we thought you may have an interest in our latest analysis of certain proprietary valuation and transaction capital structure data for private equity acquisitions of mid-market companies. This data is mainly based on acquisitions of between $10 and $250 million by Canadian and U.S. private […]
Read More →
News
April 2021
Many Canadians are in lockdown. Canadian companies, however, are on the road in the pandemic, launching takeovers at a record-setting clip and creating a deal-making boom that’s seeing domestic firms emerge as international players. There has never been more mergers and acquisition activity – or more megadeals worth more than $1-billion – and the M&A […]
Read More →
M&A Reports
February 2021
In the fourth quarter of 2020, Canadian M&A activity increased significantly with 935 announced transactions, representing a new highwater mark for quarterly M&A activity. Despite a very weak second quarter, the annual number of transactions for 2020 was 3,136, slightly below the 3,227 transactions in 2019 but higher than many people anticipated given the impact […]
Read More →
News
February 2021
Merger and acquisition activity that was paused when Covid-19 hit came roaring back in the fourth quarter of 2020, according to new data from Crosbie & Co. The firm reported that deal volume surged to record levels in Q4, with 935 announced transactions. M&A activity rose 16% from the third quarter, which rebounded (rising 34%) […]
Read More →
News
January 2021
Between a backlog of unsold businesses and a supportive climate for deal-making, mergers and acquisitions activity may be poised for a strong rebound in 2021, according to Crosbie & Co. Inc. “We think it is likely that M&A will rebound strongly and that conditions will be much more favorable for sellers than some might think,” […]
Read More →
M&A Reports
January 2021
When the pandemic hit in March 2020 a switch was flipped: we were hit with significant uncertainty and a range of practical issues that created strong headwinds for M&A. However, in recent months, we have learned to navigate some of these issues and the outlook for many businesses has begun to clarify. COVID has impacted […]
Read More →
M&A Reports
December 2020
In the third quarter of 2020, there were some signs of life in the Canadian M&A market with 804 announced transactions representing aggregate value of $18B. Following a very weak second quarter when we experienced heavy disruption from COVID-19, the number of announced transactions in Q3 increased by 34%, surprising many observers by rebounding back […]
Read More →
News
December 2020
Canadian merger and acquisition activity perked up in the third quarter, according to new data from Toronto-based mid-market investment bank, Crosbie & Co. In the first half of 2020, the M&A market was severely disrupted by the onset of the Covid-19 outbreak, but by the third quarter deal flow was starting to rebound. Crosbie reported […]
Read More →
Media
November 2020
Original Source: Crosbie – Webinar Recording Crosbie recently hosted a webinar providing an insightful panel discussion on raising capital in these turbulent times. Topics included:
Read More →
Media
October 2020
Original Source: BTF (Eastern Edition) – Webinar Recording Our partner Ian Macdonell was invited to be a presenter at The Business Transitions Forum (BTF) Eastern Edition to discuss how to get a deal done during COVID-19.
Read More →
M&A Reports
July 2020
In the second quarter of 2020, Canadian M&A activity declined to 600 announced acquisitions worth an aggregate value of $14.2B. Although transaction activity declined 25% relative to the previous quarter, it appears that COVID-19 has not impacted the M&A market as significantly as many had previously anticipated. While the global COVID-19 pandemic forced many businesses […]
Read More →
News
July 2020
As expected, merger and acquisition activity dropped in the second quarter, but it didn’t fall as hard as many feared, according to new data from Crosbie & Co. That said, a full recovery will depend on efforts to control Covid-19 and a return to more normal conditions. Toronto-based investment bank, Crosbie & Co. reported that […]
Read More →
M&A Reports
April 2020
In the first quarter of 2020, the Canadian M&A market continued to perform strongly, with 797 announced acquisitions worth an aggregate value of $47.1B. However, as the quarter came to a close, the global COVID-19 pandemic began to take hold resulting in the shut down of many businesses, border closings, and an interruption of much […]
Read More →
News
April 2020
Canadian merger and acquisition activity had one last healthy quarter before the Covid-19 outbreak tanked the economy and financial markets, taking dealmaking with it. According to a new report from Toronto-based Crosbie & Co., the Canadian M&A market had a decent first quarter, with 797 deals announced — more or less in line with the […]
Read More →
News
March 2020
Rudyard Kipling’s famous poem “If” starts with “If you can keep your head when all about you are losing theirs…” That is good advice for all of us, but especially investors. The Covid19 pandemic has mixed health concerns with financial concerns. Unprecedented market drops, continued volatility, stimulus packages, layoffs and the fear of recession or […]
Read More →
News
March 2020
Shares of Apple Inc. hit an adjusted high of US$27.06 in the beginning of June. And then the shares followed a path downward until they hit a price of US$11.87 in early March. This was a 56 per cent decline in the share price in less than 10 months. Of course, I am talking about […]
Read More →
News
February 2020
The Canadian merger and acquisition (M&A) market finished 2019 with a strong quarter: the volume of deal activity held up while deal value soared in the fourth quarter, according to a new report from Crosbie & Co. The Toronto-based investment banking firm reported that there were 764 M&A deals announced in the fourth quarter, compared […]
Read More →
M&A Reports
February 2020
Canadian M&A activity remained robust in Q4 of 2019, with 764 announced transactions and aggregate deal value of $131.2B, the greatest amount since Q3 of 2016. In total, there were 3,227 transactions announced in 2019, a slight decline from the record set in 2018. The Canadian M&A market continues to show signs of strength, as […]
Read More →
News
January 2020
Everywhere you look these days, there is much hand-How do we make decisions? Or, perhaps a more helpful question, how do we make better decisions? As we start 2020, a lot of us are asking ourselves the same questions because the implications are rather profound. From eating, to exercising, to investment, to leadership – finding […]
Read More →
Media
January 2020
Our partner Sam Sivarajan was invited to BNN Bloomberg’s ‘The Open’ to discuss the state of the M&A landscape in Canada and what he sees in 2020.
Read More →
News
October 2019
Everywhere you look these days, there is much hand-wringing about the warning signs of a looming recession. We are more than 10 years into a bull market, the longest in history. When – not if – the correction comes, it will have a detrimental impact on people’s savings and investment portfolios. And then come the […]
Read More →
M&A Reports
October 2019
Canadian M&A market activity experienced a slight decline in Q3 after a record setting second quarter, but remained robust with 776 announced transactions valued at $45B. M&A activity has been extremely strong for several years and transaction activity has persisted in Q3 – the number of deals has exceeded the 700 transaction threshold during each […]
Read More →
News
October 2019
The Canadian M&A market pulled back a bit in the third quarter after several quarters of historically strong deal flow, according to the latest data from Toronto’s Crosbie & Co. There were 776 deals announced in the third quarter of 2019, down from 886 deals in the previous quarter, and 881 transactions in the same […]
Read More →
M&A Reports
August 2019
M&A activity set a new record high in the second quarter with 886 announced transactions valued at $70.5B. Following a slight decline in Q1 2019, deal activity rebounded 11% in Q2 as the Canadian M&A market continued its robust activity levels. The number of transactions per quarter has now exceeded 800 for 6 consecutive quarters. […]
Read More →
News
August 2019
Canadian merger and acquisition (M&A) activity hit a record high in the second quarter with 886 deals, according to new data from Crosbie & Co., a Toronto-based mid-market investment bank. The number of deals announced in the second quarter of 2019 edged out the previous record of 881 in the third quarter of 2018. Crosbie […]
Read More →
News
July 2019
We Canadians have this love-hate relationship with our 1 per cent, the really wealthy individuals that we see on television or read about. We celebrate their successes publicly, but privately we can be resentful, wonder what lucky genetic lottery they won, or ask: Do they deserve their wealth? In more than 25 years of working […]
Read More →
News
May 2019
Canadian merger and acquisition activity pulled back slightly from recent heights in the first quarter (Q1) of 2019, says Crosbie & Co. in a new report. The Toronto-based investment bank reports 801 deals were announced in Q1, down from 874 transactions in the previous quarter. Yet, Crosbie notes, Q1 2019 is still the second-strongest Q1 […]
Read More →
M&A Reports
May 2019
M&A activity was strong in the first quarter of 2019 with 801 announced transactions valued at $74B. It is notable that this is the fifth consecutive quarter where transaction activity has exceeded the 800 deal threshold. While the number of deals is 4% below Q1 2018, this quarter is still the second strongest Q1 in […]
Read More →
Newsletter
May 2019
Given the importance of private equity to middle market M&A, we thought you may have an interest in our analysis of certain proprietary valuation and transaction capital structure data taken from private equity acquisitions of mid-market companies. This data is based on acquisitions of between $10 and $250 million by Canadian and U.S. private equity […]
Read More →
Press Releases
March 2019
MONTREAL, March 21, 2019 /CNW Telbec/ – MTY Food Group Inc. (“MTY” or the “Company”) (TSX: MTY) announced today that pursuant to the announcement made on December 11, 2018, one of its wholly-owned subsidiaries has acquired substantially most of the assets of South Street Burger (www.southstburger.com) The total consideration for the transaction is approximately $5.1 million, subject to customary post-closing adjustments. A […]
Read More →
M&A Reports
February 2019
Despite a slight drop relative to the third quarter, transaction announcements were 12% above the same quarter last year, helping propel Canadian M&A activity to a new annual high in 2018. There were 874 announcements in Q4, exceeding the 800 transaction level for the fourth time in four quarters. The new annual high of 3,415 […]
Read More →
News
February 2019
Canadian merger and acquisition (M&A) activity reached record levels in 2018, according to new data from Crosbie & Co. The Toronto-based investment bank reports that Canada saw a record 3,415 deals announced in 2018, which is up by 14% from the previous year. Aggregate deal value came in at $247 billion, which is down by […]
Read More →
News
January 2019
Leaders representing dozens of First Nations gathered outside Calgary this week to discuss buying an ownership stake in the Trans Mountain pipeline, a significant undertaking that will eventually require billions of dollars if the project’s contentious expansion proceeds. A number of First Nations have been enthusiastic participants in energy projects over the past decade, purchasing […]
Read More →
News
January 2019
Unpredictability on the trade and economic fronts threatens to temper Canadian merger and acquisition activity in 2019, as corporate buyers reassess the risks of making big deals. The deal flow hit a record in the third quarter of 2018, and there is still keen interest in corporate purchases, with more than US$1-trillion in private capital […]
Read More →
M&A Reports
November 2018
Canadian M&A activity set a new high-water mark in Q3 2018 with a record 881 announced transactions, as activity increased for a third consecutive quarter. Overall activity for the quarter was bolstered by a robust domestic mid-market deal environment. The strength in activity brings the year-to-date number of announced transactions to 2,541, a 15% increase […]
Read More →
News
August 2018
Canadian merger and acquisition (M&A) remained strong in the second quarter of 2018 (Q2 2018 as the value of deal activity soared, according report published Thursday from Toronto-based Crosbie & Co. There were 826 M&A transactions in Q2 2018, which was just shy of Q1 2018 and, total deal value jumped to $74 billion from […]
Read More →
M&A Reports
August 2018
The Canadian M&A market continued its hot streak in the second quarter with 826 transactions, just below the high recorded in the first quarter. Total deal value rebounded to $74B (from $47B in Q1), largely due to 18 mega-deals (transactions with aggregate value in excess of $1B), the highest quarterly number announced in over five […]
Read More →
News
May 2018
Read More →
M&A Reports
May 2018
The Canadian M&A market had a red-hot start to the year with 834 transactions in the first quarter, the highest level in six years (see Figure 1). However, the total deal value of $47 billion was much lower than Q1 2017 and at the low end of the range over the past 5 years as […]
Read More →
News
May 2018
The US$1 billion sale of Vancouver tech firm Avigilon to Motorola Solutions Inc. (NYSE:MSI) was one of only a “small handful” of “mega-deals” announced during the first quarter of 2018, according to a new report on Canadian mergers and acquisitions (M&A) activity. While the Canadian M&A market began the year at its highest pace in […]
Read More →
Newsletter
March 2018
Publication – Crosbie & Company Perspectives 2018 on Private Equity Financing Date: March 22, 2018 Content based on proprietary valuation and transaction capital structure data from private equity acquisitions of mid-market companies (between $10 and $250 million by Canadian and U.S. PE groups). Key topics covered: – Valuation multiples segmented by transaction size and industry […]
Read More →
M&A Reports
February 2018
Canadian M&A activity (which we define as all M&A deals involving a Canadian entity as a material counterparty) flourished during the fourth quarter of 2017 reaching a six year quarterly high in terms of the number of announcements. Figures developed by Crosbie & Company using Capital IQ and other sources indicated 780 announcements in Q4, […]
Read More →
M&A Reports
February 2018
Canadian M&A activity flourished in the fourth quarter of 2017 reaching a six year quarterly high in terms of the number of announced transactions. Figures developed by Crosbie & Company using Capital IQ and other sources indicated 780 announcements valued at $45B in Q4 (well above 716 deals worth $63B in Q3 2017). The quarter […]
Read More →
M&A Reports
November 2017
Canadian M&A activity (which we define as all M&A deals involving a Canadian company as a material counterparty) was strong in the third quarter of 2017, remaining toward the top end of the recently observed quarterly announcements range. Figures developed by Crosbie & Company using Capital IQ and other sources indicated 716 announcements in Q3. […]
Read More →
M&A Reports
November 2017
Canadian M&A activity remained solid during the third quarter of 2017 in terms of both the number of announced transactions and aggregate value. Figures developed by Crosbie & Company using Capital IQ and other sources indicated 716 announcements valued at $63B in Q3 (in line with 724 deals worth $64B in Q2 2017). The quarter […]
Read More →
Media
November 2017
Our partner Ian Macdonell was invited to BNN’s ‘The Business News’ to discuss M&A trends in Q3 2017 and the top three Canadian corporate deals to watch.
Read More →
M&A Reports
July 2017
Canadian M&A activity (which we define as all M&A deals involving a Canadian company as a material counterparty) showed continued strength in the second quarter of 2017, coming off the 5 year high observed in the prior quarter. Figures developed by Crosbie & Company using Capital IQ and other sources indicated 724 announcements in Q2, […]
Read More →
M&A Reports
July 2017
Publication – Crosbie & Company Canadian Mergers & Acquisitions Press Release for Q2 2017 Date: July 20, 2017 | Type: Press Release Cross Border Shopping Continues While Domestic Activity Pulls Back Canadian M&A activity maintained its positive momentum following the surge in the first quarter of 2017 while aggregate deal value softened. Figures developed by […]
Read More →
News
July 2017
Canadian merger and acquisition (M&A) activity declined a little in the second quarter (Q2), according to the latest data from Toronto-based Crosbie & Co. The firm reports that there were 724 deals announced in the quarter worth a combined $64 billion, down from 771 deals valued at $80 billion in the first quarter. Despite the […]
Read More →
Newsletter
May 2017
Publication – Crosbie & Company Perspectives 2017 on Private Equity Financing Date: May 10, 2017 | Type: Newsletter Given the importance of private equity to middle market M&A, Crosbie & Company provides analysis of proprietary valuation and transaction capital structure data taken from private equity acquisitions of mid-market companies. Data based on acquisitions of between […]
Read More →
M&A Reports
May 2017
Canadian M&A activity (which we define as all M&A deals involving a Canadian company as a material counterparty) was fueled by the mid-market as the number of announced transactions in Q1 surged to the highest level in the last 5 years. Figures developed by Crosbie & Company using Capital IQ and other sources indicated 771 […]
Read More →
M&A Reports
May 2017
Canadian M&A continued its positive momentum from the end of 2016 and soared to new heights in the first quarter of 2016. Deal value remained strong on the back of a number of large deals but middle market transactions were the driving force behind the surge in activity. Figures developed by Crosbie & Company using […]
Read More →
News
May 2017
Canadian merger and acquisition (M&A) activity surged in the first quarter (Q1), according to the latest data from Toronto-based mid-market investment bank Crosbie & Co. There were 761 deals announced in Q1, up from 602 deals in the same quarter a year ago, but the total value of that deal activity dropped to $80 billion […]
Read More →
M&A Reports
February 2017
Canadian M&A activity (which we define as all M&A deals involving a Canadian company as a material counterparty) was tracked at 693 transactions in Q4 of 2016. Based on figures developed by Crosbie & Company using Capital IQ and other sources, activity in Q4 was up 8% from the same quarter last year and marked […]
Read More →
M&A Reports
February 2017
Canadian M&A activity remained strong in the fourth quarter of 2016 while aggregate deal value reverted to the mean after reaching a 4-year high in the previous quarter. Figures developed by Crosbie & Company using Capital IQ and other sources indicated 693 announcements valued at $49.6B in Q4 (compared to 681 deals worth $132.4B in […]
Read More →
News
February 2017
The volume of Canadian mergers and acquisitions (M&A) remained strong in the fourth quarter (Q4) of 2016, even as deal value declined, according to new data from Toronto-based mid-market investment bank, Crosbie & Co. There were 693 deals announced in the Q4, Crosbie reports, up slightly from 681 deals in the third quarter (Q3) and […]
Read More →
M&A Reports
November 2016
Canadian M&A activity (which we define as all M&A deals involving a Canadian company as a material counterparty) was tracked at 681 transactions in Q3 of 2016. Based on figures developed by Crosbie & Company using Capital IQ and other sources, activity in Q3 was roughly in line with the same quarter last year although […]
Read More →
M&A Reports
November 2016
Following a flurry of activity in Q2, Canadian M&A activity remained strong in the third quarter of 2016 on the strength of mega-deals which catapulted deal values to a 4-year high. Figures developed by Crosbie & Company using Capital IQ and other sources indicated 681 announcements valued at $132.4B in Q3 (compared to 709 deals […]
Read More →
News
November 2016
Canadian mergers and acquisition (M&A) activity remained strong in the third quarter (Q3) on the strength of one of the largest deals in Canadian history and several other $1 billion+ deals, according to a new report from Crosbie & Co. Specifically, there were 681 M&A deals announced in Q3 valued at a combined $132.4 billion […]
Read More →
Media
November 2016
Our partner Ed Giacomelli was invited to BNN’s ‘The Business News’ to discuss M&A trends in Q3 2016.
Read More →
M&A Reports
August 2016
Canadian M&A activity (which we define as all M&A deals involving a Canadian company as a material counterparty) rebounded in Q2 to the highest level in nearly two years, reversing a seven quarter downward trend. Figures developed by Crosbie & Company using Capital IQ and other sources indicated 709 announcements in Q2, up 9% from […]
Read More →
M&A Reports
August 2016
Canadian M&A activity broke its recent downward trend in the second quarter of 2016, increasing to the highest level since Q3 2014. Deal value, however, was down significantly due to a decline in large mega-deals (transactions over $1B). Figures developed by Crosbie & Company using Capital IQ and other sources indicated 709 announcements valued at […]
Read More →
News
August 2016
Merger and acquisition (M&A) activity ticked up in the second quarter (Q2), driven by intensified action in the resources sector, according to Toronto-based Crosbie & Co.’s Canadian M&A Report Q2 2016. Specifically, the report states that there were 709 Canadian M&A deals announced in the Q2, up from 602 deals in the first quarter (Q1). […]
Read More →
Media
August 2016
Our partner Ed Giacomelli was invited to BNN’s ‘The Close’ to discuss M&A trends in Q2 2016.
Read More →
M&A Reports
May 2016
The Canadian M&A activity (which we define as all M&A deals involving a Canadian company as a material counterparty) was fueled by multibillion dollar deals even though the number of deals declined to the lowest since 2012. Figures developed by Crosbie & Company using Capital IQ and other sources indicated 602 announcements in Q1, down […]
Read More →
M&A Reports
May 2016
Canadian M&A continued its downward trend, declining for the sixth time in seven quarters, the lowest level of activity since 2012. However, deal value was at near-record levels due to several large mega-deals (transactions over $1B). Figures developed by Crosbie & Company using Capital IQ and other sources indicated 602 announcements valued at $101B in […]
Read More →
News
May 2016
While numerous super-sized mergers boosted the value of Canadian mergers and acquisitions (M&A) activity in the first quarter of 2016, the volume of deals declined to its lowest level since 2012, Toronto-based Crosbie & Co. announced on Wednesday. There were 602 deal announcements in the first quarter, according to the Crosbie announcement, down from 656 […]
Read More →
Media
March 2016
Our partner Richard Betsalel was invited to BNN’s “The Close” to discuss M&A trends in the Canadian market.
Read More →
Newsletter
March 2016
Given the importance of private equity to middle market M&A, we thought you may have an interest in our analysis of certain proprietary valuation and capital structure data. This data is for Canadian and U.S. private equity transactions of between $10 and $250 million, in the years before and after the financial crisis. We believe […]
Read More →
M&A Reports
February 2016
While Canadian M&A activity declined for the fifth time in six quarters, deal value was at near-record levels due to several large mega-deals (transactions over $1B). Figures developed by Crosbie & Company using Capital IQ and other sources indicated 643 announcements valued at $137B in Q4 (down from 705 deals worth $116B in Q4 2014). […]
Read More →
News
February 2016
Several mega deals pushed the value of Canadian mergers and acquisition (M&A) activity to almost record levels in the fourth quarter (Q4) of 2015, masking an underlying weakness in deal flow, according to a new report from Toronto-based investment bank Crosbie & Co. Crosbie reports that there were 643 M&A deal announcements in Q4 2015, […]
Read More →
News
February 2016
There may soon be “blood on the streets in Calgary” but B.C. is poised for a rebound in mergers and acquisitions (M&A) after Canadian activity fell to its lowest level in two years during 2015’s fourth quarter. M&A activity among Canadian companies dropped from 705 deals in Q4 2014 to 643 in Q4 2015, according […]
Read More →
Media
February 2016
Our partner Richard Betsalel was recently interviewed by Michael Hainsworth of BNN’s ‘The Business News’ to discuss M&A trends in Q4 2015.
Read More →
M&A Reports
December 2015
The Canadian M&A market (which we define as all M&A deals involving a Canadian company as a material counterparty) resumed the downward trend that began in mid-2014. Figures developed by Crosbie & Company using Capital IQ and other sources indicated 643 announcements in Q4, down 4% from the previous quarter and down 9% from the […]
Read More →
News
November 2015
Count Canadian M&A activity as another casualty of the drop in oil prices, as deal activity in Q2 2015 dropped for the fourth consecutive quarter, according to new data from Toronto-based Crosbie & Co. Inc. There were 652 deal announcements in Q2 2015, down from 768 deals in the same quarter last year, according to […]
Read More →
News
November 2015
Mergers and acquisitions (M&A) picked up throughout Canada during the third quarter of 2015 following four straight quarters of declines. But the 673 announced deals valued at $92 billion trails the 708 deals made during the same period a year prior, according to a report released Thursday (May 22) from Crosbie and Company. B.C. was […]
Read More →
M&A Reports
November 2015
Canadian M&A experienced a rebound in activity in the third quarter of 2015, breaking a streak of four consecutive quarters of declining activity, partly as a result of acquisitions by Canadian companies of foreign targets. Figures developed by Crosbie & Company using Capital IQ and other sources indicated 673 announcements valued at $92B in Q3 […]
Read More →
News
November 2015
Canadian merger and acquisition activity rebounded in the third quarter of 2015, according to a report released on Thursday from Toronto-based Crosbie & Co. Canadian M&A business broke a streak of four consecutive quarters of declining activity in the third quarter, driven in part by Canadian companies making acquisitions of foreign targets, the report says. […]
Read More →
Media
November 2015
Read More →
M&A Reports
September 2015
The Canadian M&A market (which we define as all M&A deals involving a Canadian company as a material counterparty) rebounded strongly after four consecutive quarters of declining activity. Figures developed by Crosbie & Company using Capital IQ and other sources indicated 673 announcements in Q3, up 3% from the previous quarter and down 12% from […]
Read More →
August 2015
Canadian M&A experienced its fourth consecutive quarter of declining activity in the second quarter of 2015, largely as a result of weakness in the resource sectors. Figures developed by Crosbie & Company using Capital IQ and other sources indicated 652 announcements valued at $75B in Q2 (down from 768 deals worth $58B in Q2 2014). […]
Read More →
News
July 2015
MONTREAL — With the domestic economy stuck in neutral, most of the money spent on acquisitions by Canadian companies went outside the country in the last quarter, according to a report released by Crosbie & Company Thursday. Cross-border transactions in the second quarter of 2015 represented 42 per cent of all announcements, however, 76 per […]
Read More →
Media
July 2015
Our partner Richard Betsalel was invited to BNN’s ‘The Business News’ to discuss M&A trends in Q2 2015.
Read More →
M&A Reports
June 2015
The Canadian M&A market experienced its fourth consecutive quarter of declining activity. Figures developed by Crosbie & Company using Capital IQ and other sources indicated 652 announcements in Q1, down slightly from the previous quarter and down 15% from the recent peak in activity in Q2 2014. However, due to increased mega deal activity (transactions […]
Read More →
News
May 2015
The mergers and acquisitions trend, according to a report to be released Friday, is not good: for the third consecutive quarter, there’s been a decline in such activity involving Canadian companies. That trend also has implications for capital raisings given that on average about 40 per cent of equity issuance is related to an M&A […]
Read More →
M&A Reports
March 2015
M&A involving Canadian Companies experienced its third consecutive quarter of overall declining activity. Figures developed by Crosbie & Company using Capital IQ and other sources indicated 656 announcements in Q1, down 7% from the previous quarter and down 15% from the recent peak in activity in Q2 2014. The value of announced transactions was $45B […]
Read More →
M&A Reports
December 2014
The Canadian M&A market rebounded strongly in 2014 after weakening the prior two years. Analysis prepared by Crosbie & Company using Capital IQ and other sources indicated 2,869 announcements in 2014, up 13% from 2013, and consistent with activity level from 2010 through 2012. In terms of value, announced transactions surged $45B to $238B in […]
Read More →
News
September 2014
Crosbie & Co Inc and Blue Mountain Resorts Ltd have won the private merger and acquisition Deal of the Year at the 4th annual conference of the Private Capital Markets Association (PCMA). Crosbie advised on the sale of a 50 percent interest in Blue Mountain, an Ontario ski and mountain adventure resort that was originally […]
Read More →
News
June 2014
It was a quarter marked by a significant decline in activity by mid-market players but an increase in mega deals. Put the two developments together and for first three months of 2014 there was a significant drop in mergers and acquisitions according to information published by Crosbie & Co. For the quarter, there were 189 […]
Read More →
News
June 2014
From already-low levels, Canadian M&A activity slipped even further in the first quarter of 2014, according to the latest data from mid-market investment bank, Crosbie & Co. The firm reports that there were just 189 deal announcements, valued at $31.1 billion, in the first quarter, down from 262 deals worth $35.2 billion in the fourth […]
Read More →
News
June 2014
Despite expectations that mergers and acquisitions (M&A) activity would pick up in the 2014’s first quarter, transactions across Canada were at their lowest levels in five years, according to a report from Crosbie investment firm. Just 189 M&A announcements valued at $31.1 billion were made in the first quarter of 2014. This is the lowest […]
Read More →
News
April 2014
Crosbie & Company recently released its Canadian M&A Activity – Fourth Quarter 2013 Report. The report explains that while M&A activity in Q4 didn’t deviate much from the year’s previous quarters, suggesting a relatively stable year from a numbers perspective, a closer look at 2013 deal activity as a whole tells a slightly different story. […]
Read More →
News
March 2014
Were it not for real estate and the role played by financial sponsors, the mergers and acquisitions business in 2013 would have been considerably bleaker. That’s the key conclusion from a report prepared by Crosbie & Co. that is being published Friday. “The mix of deals in the Canadian M&A market has really shifted in […]
Read More →
News
March 2014
Activity in Canada’s merger and acquisition market remained flat in the fourth quarter of 2013, reports Crosbie & Co. The Financial Post Crosbie: Mergers & Acquisitions in Canada database found 240 deals with a total value of $33.5 billion in this period, down 37% year over year. For the entire of 2013, M&A values totaled […]
Read More →
News
January 2014
HIG Growth Partners said Monday that it has completed making an undisclosed strategic investment in CDI Computer Dealers Inc in partnership with the company’s owners and management team. Headquartered in Markham, Ontario, CDI is a refurbisher and remarketer of information technology equipment to educational institutions. Update: HIG Growth Partners is an affiliate of U.S. private […]
Read More →
News
January 2014
River Cree Enterprises said it has issued the first cross-border bond from a Canadian First Nationowned entity, tapping a group of Canadian and U.S. institutional investors. The bond issue, estimated by The Globe and Mail at $200 million, has helped facilitate the Enoch Cree Nation’s acquisition in partnership with River Cree Enterprises of sole ownership […]
Read More →
News
January 2014
It took a while to educate investors, but it worked and Alberta’s successful First Nation-owned River Cree casino is raising $200-million in a ground-breaking bond deal. The big news here is this is the first bond deal by a Canadian First Nations-owned business that does not have a government guarantee. The high-yield notes were snapped […]
Read More →
News
January 2014
Enoch, AB, January 15, 2014 – The Enoch Cree Nation, together with River Cree Enterprises, announced today that they have acquired sole ownership of the River Cree Resort and Casino following the completion of the purchase of the minority interest in the Resort held by Paragon Gaming. In addition, River Cree Enterprises announced the issuance […]
Read More →
M&A Reports
December 2013
The Canadian M&A market took a step backwards in 2013 after several years of strong and steady deal volumes. Analysis prepared by Crosbie & Company using Capital IQ and other sources indicated 2,548 announcements in 2013, down 10% from 2012. In terms of value, M&A announcements declined $19B to $194B in 2013, a 9% year […]
Read More →
News
December 2013
More than five years after the 2008 credit crisis, Canadian M&A activity stubbornly remains well below its peak 2007 levels. But, while more sluggish than the feeding frenzy of six years ago, it does look as if acquisitions are starting to pick up the pace again according to new data compiled by investment bank Crosbie […]
Read More →
News
December 2013
Before Wehuns Tan caught the attention of a major venture capital firm, he and his team had big plans. As CEO of Toronto-based Wishabi, Mr. Tan saw a pent-up demand for a digital flyer experience on mobile. He wanted to give consumers a new way to shop and save, and also give retailers a different […]
Read More →
News
November 2013
Crosbie & Co. has crunched the numbers and the sluggish tone of the Canadian mergers and acquisitions continued in the recently completed third quarter. Not only were the number of announcements in the quarter (205) the lowest level since the bottom of the cycle (the first quarter of 2009) but the year-to-date announcements (666) were […]
Read More →
News
November 2013
Canadian merger and acquisition activity remained lacklustre in the third quarter, according to the latest data from Crosbie & Co. The Toronto-based investment bank says that the M&A data for the third quarter show that the sluggish tone of the Canadian M&A market continued. There were just 205 deals announced in the quarter, which is […]
Read More →
News
November 2013
When Mainstream Renewable Power Ltd. was asked to help IKEA Canada build 20 wind turbines in Alberta, Saad Qais knew that for him, it would be all about the money. “These are capital-intensive projects, and most people in our situation will go for bank financing,” says Mr. Qais, who is vice-president of corporate finance for […]
Read More →
News
November 2013
Deals with Canadian firms are being closed by large and sophisticated investors that, at first glance, seem to fall well below the revenue threshold usually required for a chat over lunch – never mind an acquisition. Private equity and strategic buyers are dipping their nets into shallower waters and scooping up small companies. U.S. investors, […]
Read More →
News
October 2013
Contrary to historic trends, family business owners are no longer automatically passing the torch to the next generation. They want a nice return for all their years of hard work, and they are contemplating succession in ways that differ from past generations. Mike McCarron, one of the founding partners of MSM Transportation, which was sold […]
Read More →
News
September 2013
The investment bankers may complain about the lack of M&A activity but a recent report shows that there has been a “modest rebound.” According to Crosbie & Co. Inc. 224 transactions representing $44.7-billion in total value were announced in the second quarter — or 9.4% more activity and 52% more value than in the first […]
Read More →
News
July 2013
When will the highly anticipated revival in the merger and acquisition market take place? How much longer will venture capital and PE firms with aging portfolio assets have to wait before strategic investors are ready and willing to buy them? These questions have been asked repeatedly since the 2007 financial crisis cast a pall over […]
Read More →
News
May 2013
The Toronto-based Exempt Market Dealers Association of Canada announced the winners of its 2013 EMDA Awards – Exempt Market Deals of the Year on Wednesday. The nine awards recognize significant exempt market transactions made by exempt market dealers (EMD). The awards are given out to EMDs based on their leadership in the industry, contribution to […]
Read More →
News
April 2013
David Simpson knows all too well the tough battles that need to be fought to successfully transition a family business. He has worked with many of Canada’s leading family businesses and he has worked in one himself, with his brother. He now teaches the next generation of entrepreneurs at the Richard Ivey School of Business […]
Read More →
News
March 2013
How did B+H Architects grow from a small firm of two employees to one of the largest of its kind in the world? One reason is that the two original founders had the foresight and the discipline to implement and follow an effective succession plan that they put in place in 1980, when they were […]
Read More →
News
February 2013
You could ask business owners a million questions about their succession plans. Most of them are keenly aware of the importance of this one: “What happens to the business, and to your family, if you are no longer able to lead an active role in the company?” But succession planning often takes a back seat […]
Read More →
M&A Reports
December 2012
The Canadian M&A market exhibited continued strength in 2012 as the effects of the financial crisis continued to fade. Figures from Crosbie & Company and Capital IQ indicated that there were 2,822 announcements in 2012, down 6% from 2011. However, in terms of value, M&A announcements increased $20B to $213B in 2012, a 10% year […]
Read More →
News
December 2012
All market participants have views on certain matters but until those views are researched they remain opinions without facts. Toronto-based Crosbie & Co. Inc., which defines itself as a specialty investment banking firm, has now filled a potential void on the importance of private equity to the mid-market. The firm, which has been around for […]
Read More →
News
November 2012
TORONTO, Nov 14 (Reuters) – The volume of merger and acquisition activity in Canada slowed 15 percent in the third quarter from the second as market uncertainty held back prospective deals, though a blockbuster bid by China’s CNOOC Ltd for oil producer Nexen Inc helped boost the overall value of transactions, a report showed on […]
Read More →
News
November 2012
Slowdown generated the fewest number of quarterly announcements in three and a half years. Canadian merger and acquisition activity dropped sharply in the third quarter, with the volume of deals down 15% quarter over quarter, and down 25% over the previous third quarter, according to the latest data from Crosbie Co. The firm reports that […]
Read More →
News
September 2012
Canadian merger and acquisition activity continued its slide in the second quarter amid ongoing economic uncertainty, mid-market investment bank Crosbie & Co. reports. The firm said on Wednesday that the Canadian M&A market experienced its second straight quarter-over-quarter slowdown this year, with 222 transactions announced in the second quarter, which is a 14% reduction in […]
Read More →
News
May 2012
The number of merger and acquisition transactions dropped in the first quarter of the year, but the value of those deals rose substantially, driven by a number of large deals, according to the latest data from Crosbie & Co. The value of Canadian M&A surged by 51% to $50.7 billion from $33.5 billion worth of […]
Read More →
News
May 2012
In a year marked by low interest rates and volatility on the capital markets, real estate deals dominated the Canadian mergers and acquisitions story in 2011. With 233 transactions, the sector was the most active for the year as a whole, according to a Financial Post Crosbie Mergers & Acquisitions in Canada report published Wednesday. […]
Read More →
News
May 2012
TORONTO – The total value of Canadian mergers and acquisitions dropped in the fourth quarter of 2011, as smaller corporate mega-deals dominated the market, according to a report issued Wednesday by Crosbie & Co. Canada’s M&A activity slid 25 per cent to $33.4 billion in the three month period, a decline from $44.3 billion in […]
Read More →
M&A Reports
December 2011
The Canadian M&A market improved for the third consecutive year in 2011 as it began to recover from the global financial crisis. Figures from Crosbie & Company and Capital IQ indicated that there were 3,004 announcements in 2011, a year over year increase of 6%. In terms of value, M&A announcements increased $36B to $193B […]
Read More →
News
December 2011
Canadian dealmakers soldiered on during the third quarter of the year, relatively undeterred by global market volatility. The number of deals and total value of Canadian mergers and acquisitions were down about 15% compared to the second quarter but still within the range of activity seen since the start of 2010, a report released Thursday […]
Read More →
News
December 2011
Canadian merger & acquisition activity dropped in the third quarter coming off a particularly strong second quarter, according to the latest data from Crosbie & Co. The mid-market investment bank reports that there were 251 M&A transactions announced in the third quarter in Canada, for a total value of $45.5 billion. This is down 14% […]
Read More →
News
August 2011
Pension funds have been active in mergers and acquisitions (M&A) for the second quarter of 2011, reports the Financial Post Crosbie: Mergers & Acquisitions in Canada database. Financial sponsors had 12 mergers and acquisitions over $100 million in the second quarter of 2011, nine of which involved pension funds. The 12 transactions were valued at […]
Read More →
News
August 2011
With a multitude of billion-dollar-plus deals and pension funds investing around the world, Canadian mergers and acquisitions activity stormed back from a disappointing first quarter to total $51.2-billion in the second quarter of the year. The value of the 280 transactions announced in Q2 represented a 74% increase over the $29.4- billion from the 235 […]
Read More →
News
August 2011
Canadian merger and acquisition activity rose notably in the second quarter, according to the latest data from Toronto-based investment banking firm Crosbie & Co. Inc. The firm reports that there were 280 transactions announced in the quarter for a total value of $51.2 billion. This represents a 19% increase in M&A activity and a 74% […]
Read More →
News
June 2011
The high-profile proposed merger between London Stock Exchange Group Plc and TMX Group Inc. couldn’t save the Canadian mergers and acquisitions market from a reporting the lowest level of activity since Q2 2009 in the first quarter of this year. There were 228 transactions announced in the first quarter of 2011 worth $38-billion, a 30% […]
Read More →
News
June 2011
This year is off to a slow start for mergers and acquisitions. For the first time in four quarters, M&A volumes declined in the first quarter, according to a report from investment banking firm Crosbie & Co. There were 228 transactions with a value of $38-billion announced in the first quarter, compared with 328 deals […]
Read More →
News
March 2011
The Canadian M&A market continued its momentum into the fourth quarter of 2010, making it the third successive quarter of increased M&A activity in terms of both transaction volume and value, according to the Financial Post Crosbie: Mergers & Acquisitions in Canada database. Riding on the back of the announcement of 302 transactions, the value […]
Read More →
News
March 2011
Canadian merger and acquisition activity rebounded in 2010, according to the latest data from mid-market investment bank Crosbie & Co. M&A activity rose again in the fourth quarter of 2010, the third successive quarter of increased transaction volume and value, Crosbie said Monday. The value of M&A transactions increased by 12%, it reports, as 302 […]
Read More →
News
March 2011
The Canadian dealmaking market closed out 2010 on a high note, posting a 12% rise and the third straight quarter overall of increased activity as banks and pension funds shelled out for some of the biggest deals on record, the latest report from the Financial Post Crosbie M&A database said Monday. During the quarter, Canadian […]
Read More →
News
November 2010
Canadian mergers and acquisitions posted their strongest performance in three years during the third quarter, buoyed by mega-deals and cross-border transactions. The total value of M&As in the country rose more than 40% during that timeframe, reaching $48-billion from the $34-billion seen in the second quarter. The data was compiled from the Financial Post Crosbie: […]
Read More →
News
August 2010
The value of mergers and acquisitions in Canada in the second quarter rose 44 percent from the first quarter, climbing back to levels seen before the world economic crisis, investment bank Crosbie & Co said on Tuesday. Crosbie said 255 transactions totaling C$34.8 billion ($32.8 billion) were announced in the second quarter, compared with 258 […]
Read More →
News
August 2010
Mergers and acquisitions in Canada in the second quarter were up in both dollar value and amount compared with last year on some major cross-border deals, according to a report from investment firm Crosbie & Co. Inc. on Tuesday. During the latest quarter, the Financial Post Crosbie: Mergers & Acquisitions in Canada database tracked 255 […]
Read More →
News
August 2010
Canadian corporations have cash to spend and are gaining the confidence to make deals, second quarter merger and acquisition numbers show. A report from Toronto-based Crosbie & Co. Tuesday shows that 255 transactions worth at least $5 million were announced in the three months ended June 30 for a total of $34.8 billion, compared with […]
Read More →
News
June 2010
Canadian takeover activity fell in the first quarter of 2010 on a dearth of $1-billion-plus mega deals, the first decline in merger and acquisition activity in a year. The total number of deals last quarter fell to 246, with a total value of $19.7-billion, down from 285 and a total $34.4-billion in the fourth quarter […]
Read More →
News
March 2010
Merger-and-acquisition activity is rebounding in Canada, with pension funds and government owned utilities leading the way. There were 254 transactions announced in the fourth quarter of 2009 with a value of C$33 billion — up 9% from the third quarter and 52% from the first quarter, the period widely seen as the nadir for M&A […]
Read More →
News
December 2009
Merger and acquisition activity strengthened in Canada over the third quarter, reinforcing the notion that financial markets have stabilized. It was the second consecutive quarterly increase in M&A activity, according to investment bank Crosbie & Company Inc. There were 221 deals announced in Q3, according to the Financial Post Crosbie: Mergers & Acquisitions in Canada […]
Read More →
News
November 2009
The number of mergers and acquisitions announced in Canada rose 12 percent in the third quarter, the second straight quarterly increase, while the value of transactions surged 27 percent, investment bank Crosbie & Co said on Monday. There were 221 deals announced in the quarter, valued at C$30.2 billion ($28.6 billion), according to data compiled […]
Read More →
News
November 2009
The volume and value of deals in the Canadian M&A market rose in the second quarter, investment bank Crosbie & Co. Inc. reported on Monday. The firm says that there were 221 transactions announced in the third quarter, up 12% from the previous quarter. The value of deals also rose to $30.2 billion, up 27%. […]
Read More →
News
September 2009
The number of M&A deals rose in the fourth quarter, but the value of the deal activity dropped, leaving M&A activity down for the year overall, according to the latest data from Toronto-based investment bank, Crosbie & Co. The firm said Wednesday there were 266 transactions, worth $33.4 billion, announced in the last quarter of […]
Read More →
News
September 2009
OTTAWA, Sept 10 (Reuters) – The number of mergers and acquisitions announced in Canada rose 28 percent in the second quarter, snapping three consecutive quarters of decline, but the value of transactions slumped 48 percent, investment bank Crosbie & Co said on Thursday. There were 205 transactions announced in the quarter, valued at C$24.9 billion […]
Read More →
News
September 2009
The number of M&A deals announced in Canada in the second quarter jumped, but the value of those deals plunged, according to the latest data from mid-market investment bank, Crosbie & Co. The firm reported on Thursday that the Canadian M&A market ended three consecutive quarters of declining deal activity in the second quarter with […]
Read More →
News
June 2009
TORONTO – The number of mergers and acquisitions involving Canadian companies fell to a six-year low in the first quarter, according to a study published Tuesday by Crosbie & Co. The Toronto-based investment bank said a total of 153 transactions were announced in the first three months of 2009, the lowest since the first quarter […]
Read More →
News
February 2009
OTTAWA (Reuters) – The value and number of mergers and acquisitions in Canada fell sharply in the fourth quarter as market conditions and economies deteriorated, investment bank Crosbie & Co. said on Friday. There were 271 transactions announced in the quarter, a four-year low, valued at C$17.8 billion ($14 billion), the report said. That represents […]
Read More →
News
February 2009
It was a bad year on so many levels, but the strikes against 2008 continue to add up. The final quarter of last year marked the lowest point since 2005 for mergers and acquisitions, according to specialty investment banker Crosbie & Company. There were a total of 271 new transactions announced in Q4, a decline […]
Read More →
No insights match your current filters. Try adjusting your search criteria.