Industry News & Insights
Economic Update – Q1 2020
The global economy is currently experiencing a deep Covid-19 induced recession which has had an impact on the domestic economy that Canada has not seen since the financial crisis in 2008. This post provides readers an economic update for Q1 of 2020....
Covid-19 Update
In the past months, the Covid-19 virus has found its way around the globe. Canada's exposure to the virus has had a heavy impact on the domestic economy, specifically in the Tourism and Accommodation and Food Services sectors. British Columbia’s two...
Sale of the Procura Group of Companies
The Procura Group of Companies, headquartered in Victoria, BC, sold in May of 2014 to Carrick Capital Partners, a private equity firm located in San Francisco, California. XPS Group was the lead advisor to the Procura Group. Services included a pricing analysis,...
What is a business valuation?
The purpose of a business valuation is to estimate the value of a business enterprise, or an equity interest therein. It includes estimating the value of associated intangible assets (i.e., assets that are not physical in nature, such as intellectual, customer, human,...
Richard Fisher buys into Trapeze Communications
XPS Group provided buy-side advisory services to Richard Fisher for his acquisition of a 50% interest in Trapeze Communications Inc. in August of 2010. Trapeze is an integrated branding and advertising agency that helps clients identify, position, and market...
Cashline Sells to DirectCash
XPS Group provided sell-side advisory services on behalf of Cashline for the sale of 100% of its 830 Automated Teller Machines and associated business contracts and assets to DirectCash Income Fund (TSX:DCI.UN) for proceeds of $16 million plus vault cash in July of...
Acquisition of Dan Foss Couriers & Freight
Dan Foss is a recognizable name in the express delivery service business on Southern Vancouver Island and in the Greater Vancouver and Fraser Valley regions. The Company was sold in November of 2010 to Ed Ashley, who has many years of management experience in the...
Global Water Resources (TSX: GWR) IPO Raises $65 million
Global Water Resources completed an initial public offering for $61 million on December 30, 2010 and raised a further $4 million from an over-allotment option exercised in January of 2011. The issue provides public shareholders with a 48% minority interest in Global...