This fast-growing highly profitable Canadian company providing specialist services to the marine sector has been in operation for more than 30 years and is the industry leader in Canada. The Company’s strong market presence and geographical coverage offers a significant competitive advantage and barrier to market entry.
The Company generates recurring revenues from the provision of its services. Day-to-day operations are highly automated using its proprietary technology and the delivery services is effectively fully-subcontracted.
This business is ready to be taken to the next level by a strategic or synergistic buyer seeking to gain access to the Company’s existing customer base, offer new and complementary service products to their own customers, and access new geographical markets.
Pacific M&A and Business Brokers Ltd. is managing the sale of 100% of the shares of the Company through a Structured Transaction Process where expressions of interest will be accepted prior to formalizing LOIs with the best fit acquiring party.
Given the Company’s market leading position, recurring revenue, and substantial opportunities for synergies and future growth, the Seller is anticipating a competitive offering in the range of 5.5x to 6x Normalized EBITDA, on a cash-free, and debt-free basis.