Mobile & Telecommunications. Environmental. Leisure/Hospitality. # Deals. All others. 30% ... Business. Products &am
2014 Canadian Private Equity Market Overview www.cvca.ca
www.cvca.ca
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Deals By Quarter $ Billions Invested
# Deals 100 90 80 70 60 50 40 30 20 10 0
92 76
25
22.5
20 67
61
15 10 6.0 5
7.7 5.0
0 Q1 2014
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Q2 2014
Q3 2014
Q4 2014
Q1 2014
Q2 2014
Q3 2014
Q4 2014
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Deals By Province $ Share
# Share
All others 2%
All others 7% BC 14%
BC 5%
QC 14%
AB 30%
QC 29% AB 24%
ON 26%
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ON 49%
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Top PE Sectors # Share
# Deals Leisure/Hospitality Environmental Mobile & Telecommunications Internet Software & Services Automotive & Transportation Food & Beverages Financial Consumer Products & Services Healthcare/Life Sciences Business Products & Services Metals & Mining Industrial & Materials Energy & Power
7 9 10 10 11 13
13
Consumer Products & Services 4% All others 30%
19
Metals & Mining 9%
23 26 34 81 0
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Financial 4% Healthcare/Life Sciences 6% Business Products & Services 8%
5
10
20
30
40
50
60
70
80
90
Industrial & Materials 12%
Energy & Power 27%
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Top PE Sectors $ Share
$ Millions Mobile & Telecommunications Food & Beverages Business Products & Services Environmental Automotive & Transportation Metals & Mining Internet Software & Services Consumer Products & Services Industrial & Materials Financial Healthcare/Life Sciences Leisure/Hospitality Energy & Power
508 561 722
746
Healthcare/ Life Sciences 10%
1,010 1,338 1,492
Consumer Products & Services 4% Energy & Power 29%
2,162 2,483 4,303 11,912
13,050 0
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Industrial & Materials 4% Financial 5%
431
2,000
4,000
6,000
8,000
10,000
12,000
14,000
All others 22%
Leisure/ Hospitality 26%
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Top 10 Canadian PE Deals Company
www.cvca.ca
Province
$ Millions
Tim Hortons Inc.
ON
11,827
AltaLink LP
AB
3,100
Patheon Inc.
ON
2,043
Encana Bighorn Assets
AB
2,000
Brookfield Property Partners L.P.
ON
1,800
Heritage Oil Plc
AB
1,700
Amaya Gaming Group Inc.
QC
1,267
McInnis Cement Inc.
QC
1,100
Veresen Midstream Limited Partnership
AB
1,000
lululemon athletica inc.
BC
919
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Top 10 Most Active PE Investors PE Firms
www.cvca.ca
# Deals
$ Millions
Fonds de solidarité FTQ
49
2,361
Caisse de dépôt et placement du Québec
20
4,312
Investissement Québec
10
2,266
Fondaction CSN
9
801
Westcap Mgt. Ltd.
7
172
PFM Capital Inc.
7
215
ARC Financial Corp.
6
456
Cypress Capital Management Ltd.
6
119
Novacap Investments Inc.
6
298
Second City Capital Partners
6
131
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Top 5 Canadian PE Exits Selling or backing PEs
Target
Buyer
$ Millions
Aptalis Pharma
Forest Laboratories
3,301
Seven Generations Energy Ltd.
IPO
932
Maxxam Analytics
Bureau Veritas Group
650
Riverstone/Carlyle
Vantage Pipeline and Mistral SEEP assets
Pembina Pipeline Corporation
650
Alinda Infrastructure
Reliance Protectron
ADT Corporation
555
TPG Capital, Investor Group, Investissement Québec CPPIB, ARC Financial, KERN Partners OMERS Private Equity
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2014 PE Deal Breakdown 120
110
100 80
67
75
60 40
25
20
10
9
$500-1000M
$1B +
0
Less than $10M
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$10-100M
$100-500M
Not Disclosed
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www.cvca.ca 1201 – 372 Bay Street. Toronto, Ontario, M5H 2W9, Canada Tel. (416) 487-0519 |
Fax. (416) 487-5899 |
Web. www.cvca.ca
