APG-Neuros / Export Development Canada
The owner of APG-Neuros, a company based in Québec, Canada, has sold an equity position to the Private Equity division of Export Development Canada (EDC).
APG-Neuros is recognized as the force behind the successful introduction of the high-efficiency turbo blower technology to the water and wastewater treatment market in North America, Europe and the Middle-East, modernizing an aging industry. APG-Neuros cleantech turbo blowers are used in a variety of industrial applications and wastewater treatment processes, with over 5,000 units installed worldwide.
EDC is a financial crown corporation dedicated to supporting and developing Canada’s export trade. It is a self-financing institution that operates independently from the government. Since 2012, EDC has facilitated more than US$6 billion in cleantech business in 114 countries. EDC’s investment team manage an investment portfolio in Canadian and international companies and funds with aggregate commitments totaling approximately US$2 billion. Its direct investment in private companies provides a patient capital solution to business owners to help support organic growth and/or acquisition initiatives.
Oaklins’ team in Canada acted as advisor to the seller and the management team of APG-Neuros in the preparation of the sale process and due diligence, the approach and parallel negotiations with potential buyers, and assisted them until closing.
“Over the past 60 years we are proud to have built a market leading business. We are now delighted that in Safe Fleet we have found a great home for our business to continue to grow, innovate and support both our employees and customers.
Our advisor Joe Stelzer at finnCap Cavendish tirelessly assisted us through the process and was on hand at each and every step of the journey.”
“This transaction is a hugely significant milestone in KMP’s development, strongly positioning the business for its next phase of growth, allowing us to extrapolate our already strong global reach with opportunities for economies of scale across complementary brands and products.
I am grateful for the invaluable advice, support and guidance provided by Joe Stelzer and his team throughout the process.”
“We are delighted with the support received from the finnCap Cavendish team throughout this process. Mike and the team ensured that we prepared meticulously, identified the right pool of potential investors and worked closely with us, the management team and our legal advisers to deliver a great outcome for the Shareholders. We wish the Intelling team and RDCP all the best in their next phase of growth.”
“The acquisition of FAI by Motus will bring us many synergies, with scope to expand our supply chains and product ranges, as well as the opportunities to enter new markets. Both existing and new customers will benefit from our core aims of best availability, best service, best quality and best price. Our business ethos is so closely aligned with Motus’s that the change of ownership will be seamless, but the benefits will be felt by all.”
“The completion of the Nactis deal took years, from beginning to completion, for many reasons that were mostly out of our control. Oaklins’ team in Italy accompanied us in this process – from the initial contact to closing – with professionalism, patience and many proactive proposals. Without their cooperation, the deal would never have happened.”
“We chose Oaklins to assist us in this project because they are the most experienced corporate finance advisor in the horticulture sector and at the same time have a local and experienced team in Belgium. By operating as one team, they offered us the best of both worlds.”
“Oaklins was the right partner to professionally manage the process. They assembled an experienced team who carefully took into consideration the preferences of a family-owned business. At every step along the way, we enjoyed working together with Oaklins’ team in the Netherlands, who showed great persistence to make this transaction a success.”
“For us who founded the company and managed it during its 30 years of existence, Oaklins was the perfect partner for our sale. The team planned and executed our process, supported and guided us through the whole process. The combination of industry insight, professional craftsmanship and uncompromising dedication, made it a valuable contribution from an owner’s perspective.”
“The Cavendish Team, led by Alistair and Mike, did a fantastic job managing the process, providing valuable advice and identifying Arbuthnot as the right partner for the business. It was a pleasure working together and we are pleased to have achieved a brilliant outcome for the company.”
“For 30 years, the team has advised Arran Isle on strategic transactions. We selected them to manage the divestiture of our US operations not just because of this relationship, but also their sector knowledge, and critically, their value realization proposition. They were with us every step of the way and did a great job throughout, ultimately delivering a strong value on the time schedule set forth at the outset of the process. The team managed communication and negotiations with professionalism and vigour. The team’s industry knowledge, attention to detail and total immersion in every aspect of the transaction were truly impressive. We sincerely appreciate their efforts and the result they achieved for us.”
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