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Québec Private Equity Market Overview First Half of 2015 · ICT Mining & Resources Agri-Forestry...
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w w w . c v c a . c a Québec Private Equity Market Overview First Half of 2015
Transcript of Québec Private Equity Market Overview First Half of 2015 · ICT Mining & Resources Agri-Forestry...
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Québec Private Equity Market OverviewFirst Half of 2015
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27
22 23 24
14
0
5
10
15
20
25
30
Q1 2014 Q2 2014 Q3 2014 Q4 2014 Q1 2015 Q2 2015
1,141
1,907 1,833
900
1,692
35 -
500
1,000
1,500
2,000
2,500
Q1 2014 Q2 2014 Q3 2014 Q4 2014 Q1 2015 Q2 2015
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# Deals Deal Value ($ Millions)
Deal Activity and Value by Quarter - Québec
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BC43 (13%)
AB78 (24%)
ON86 (27%)
QC92 (29%)
All others23 (7%)
BC19 (13%)
AB20 (14%)
ON54 (37%)
QC 38 (26%)
All others14 (10%)
2014 (# and share) 2015 H1 (# and share)
Deal Activity by Province
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551(1%)
2,280(6%)
5,782(14%)
12,565(30%)
20,677(49%)
0 5,000 10,000 15,000 20,000 25,000
All others
BC
QC
AB
ON
2014 ($ Millions)
149(2%)
1,246(16%)
1,727(22%)
1,992(26%)
2,652(34%)
- 500 1,000 1,500 2,000 2,500 3,000
All others
BC
QC
ON
AB
2015 H1 ($ Millions)
Deal Values by Province
0 (<1%)
1 (1%)
3 (3%)
3 (3%)
5 (5%)
6 (7%)
6 (7%)
6 (7%)
8 (9%)
11 (11%)
12 (13%)
13 (14%)
18 (20%)
0 5 10 15 20
Oil & Gas, Energy
Real Estate
Other
CleanTech
Life Sciences
Financial
Business Services
Automotive &Transportation
ICT
Mining & Resources
Agri-Forestry
Consumer & Retail
Industrial &Manufacturing
2014 (# and share)
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0 (<1%)
0 (<1%)
0 (<1%)
0 (<1%)
1 (2%)
2 (5%)
2 (5%)
3 (8%)
4 (11%)
6 (16%)
6 (16%)
6 (16%)
8 (21%)
0 2 4 6 8 10
Other
Real Estate
Oil & Gas, Energy
Business Services
CleanTech
Industrial &Manufacturing
Financial
Life Sciences
Automotive &Transportation
Mining & Resources
Consumer & Retail
Agri-Forestry
ICT
2015 H1 (# and share)
Deal Activity by Sector - Québec
0 (<1%)
22 (<1%)
39 (1%)
53 (1%)
67 (1%)
97 (2%)
153 (3%)
158 (3%)
491 (8%)
558 (10%)
874 (15%)
1,299 (22%)
1,970 (34%)
0 500 1,000 1,500 2,000 2,500
Oil & Gas, Energy
Financial
Other
Real Estate
Automotive &Transportation
CleanTech
Consumer & Retail
Business Services
Mining & Resources
Agri-Forestry
Life Sciences
ICT
Industrial &Manufacturing
2014 ($ Millions)
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0 (<1%)
0 (<1%)
0 (<1%)
0 (<1%)
0 (<1%)
0 (<1%)
2 (<1%)
16 (2%)
31 (3%)
40 (4%)
80 (9%)
637 (69%)
922 (87%)
0 200 400 600 800 1,000
Other
Real Estate
Oil & Gas, Energy
Life Sciences
CleanTech
Business Services
Financial
Consumer & Retail
Agri-Forestry
ICT
Industrial &Manufacturing
Mining & Resources
Automotive &Transportation
2015 H1 ($ Millions)
Deal Values by Sector – Québec
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PE Buyout16 (17%)
PE Secondary Buyout5 (5%)
PE Add-On8 (9%)
PE Growth49 (53%)
PE Followon3 (3%)
PE Debt11 (12%)
PE Infrastructure0 (<1%)
PE Others0 (<1%)
2014 (# and share) 2015 H1 (# and share)
PE Buyout4 (11%)
PE Secondary Buyout2 (5%)
PE Add-On7 (18%)
PE Growth17 (45%)
PE Followon2 (5%)
PE Debt5 (13%)
PE Infrastructure1 (3%)
PE Others0 (<1%)
Deal Activity by Deal Type – Québec
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2014 ($ Millions) 2015 H1 ($ Millions)
PE Buyout1,344 (23%)
PE Secondary Buyout
1,089 (19%)
PE Add-On0 (<1%)
PE Growth3,122 (54%)
PE Followon28 (<1%)
PE Debt199 (3%)
PE Infrastructure0 (<1%)
PE Others0 (<1%)
PE Buyout786 (46%)
PE Secondary Buyout80 (5%)PE Add-On
4 (<1%)
PE Growth84 (5%)
PE Followon1 (<1%)
PE Debt15 (1%)
PE Infrastructure757 (44%)
PE Others0 (<1%)
Deal Value by Deal Type
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Company PE Firm(s) $ Millions
Niobec Inc. CEF Holdings, Magris Resources., TemasekHoldings (Private)
597
Congébec Logistique Inc. Desjardins, Fondaction, InvestissementQuébec
162
ATIS Group Inc. Desjardins, Fondaction, Fonds de solidarité 80
Top 3 Disclosed PE Deals in Québec –2015 H1
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PE Firms # Deals $ Millions
Fonds de solidarité FTQ 19 920
Desjardins Venture Capital Inc. 5 256
Fondaction CSN 5 251
Investissement Québec 2 162
GI Partners 2 -
Most Active PE Investors in Québec –2015 H1
*Total deal values – includes all participating investors.
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Top Disclosed PE Exits in Québec – 2015 H1
Selling or backing PEs Target Buyer $ Millions
NOVACAP, Telesystem Stingray Digital Group Inc. IPO 140
1201 – 372 Bay Street. Toronto, Ontario, M5H 2W9, Canada
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Tel. (416) 487-0519 | Fax. (416) 487-5899 | Web. www.cvca.ca
