Corporate Finance in Atlantic Canada

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

Archive for October 2018

Business succession in NL

leave a comment »

https://soundcloud.com/vocm/sept-1st-greg-london-dan-jennings-of-bdo-valuing-your

On a recent VOCM radio show in NL (hosted by BDO partner Nancy Snedden), tax colleague Greg London and I talk in-depth about the challenges of business succession in NL.  We covered a wide variety of topics, such as demographics, taxes, the buyer landscape and more.

Written by Dan Jennings

October 26, 2018 at 1:34 pm

Maritime Fuels acquires Affordable Fuels

leave a comment »

https://www.thechronicleherald.ca/business/discount-fuel-delivery-company-bought-by-maritime-fuels-251969/

The Chronicle Herald is reporting that Halifax-based Affordable Fuels has been sold to Maritime Fuels.   Steve Williams was the vendor while Charles Higgins and Ivan Cassell are the principals behind Maritime, which in turn acquired the former Pepco business in Atlantic last year.

This is further consolidation of the heating oil distributor market in NS, which I’ve commented on here over the last several years.

Written by Dan Jennings

October 23, 2018 at 5:06 pm