Corporate Finance in Atlantic Canada

Commentary on corporate finance issues for small- & mid-market private companies in Atlantic Canada

SeaFort’s first deal

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http://thechronicleherald.ca/business/182620-seafort-buys-crane-rental-business

Halifax-based SeaFort Capital is buying New Glasgow, NS-based AW Leil Cranes, including some equity participation by existing senior management.  Leil is a mobile heavy equipment rental operator, with business across the region.

This is the first transaction announced by SeaFort, a private equity fund backed primarily by the Sobey and McCain families.  SeaFort has previously announced that they are searching for “old economy” businesses with EBITDA between $2-10 mil.

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Written by Dan Jennings

November 20, 2012 at 9:40 am

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