XPS Group Inc. is pleased to announce that it has acted as the exclusive financial advisor, including Valuation and Financing Advisory Services, to the parties of Coastal Heat Pumps Co. Inc. in its recent sale of a majority ownership stake to family and senior management.

“We are thrilled to have assisted the purchasing group in sourcing and negotiating a favourable financing package, through a competitive process across several institutions, to ensure the successful completion of this transaction.  Our project management approach to succession planning allowed the company’s executive to stay focused on business operations during this critical period.” 

Katie Bishop, Managing Director Financing Advisory, XPS Group Inc.

Thank You for your professional way of walking us through this whole process.  It was a very thorough process and throughout you had all of our best interests at heart!  We were not distracted from operating the business while we were on this journey.  From the bottom of our hearts, Thank You!.” 

– Don Gulevich, Owner

XPS Group Inc. is a boutique Valuation, M&A, and Financing Advisory firm in Victoria, BC serving Vancouver Island and beyond for over 15 years.

Coastal Heat Pumps Co. Inc. is a family owned and operated heat pump installation, maintenance, and repair business, serving Vancouver Island since 2005.

Advisors to Harbour Door