FirePower Capital Advises Quebec MRI Clinics in Connection with a Management Buyout by a Group of Shareholders
FirePower Capital, Canada’s entrepreneurial investment bank for the lower mid-market, is pleased to announce that it acted as the exclusive advisor to the selling shareholders (the Sellers), with regards to the sale of their shares to a group of shareholders.
The Sellers engaged FirePower Capital to manage the sale of the Company. After taking the opportunity to market and securing offers for the business, a group of shareholders exercised their right to match a secured offer. The President of the firm, said: “Firepower played a crucial role in the M&A process, managing stakeholders and ensuring the transaction is completed. I doubt we would have seen it through without them.”
Based in Quebec, the company operates two specialized radiology clinics. FirePower structured an all cash transaction that was fair to the Sellers who had built a reputable brand in their region.
About FirePower Capital
FirePower Capital is an entrepreneurial investment bank that focuses exclusively on advising private lower mid-market companies in Canada on their strategically important M&A and non-dilutive capital financing transactions.
For more information, please contact:
Ilan Jacobson, MBA
President & CEO
Environics Analytics (“EA”) is a leading North American provider of marketing and analytical services. The company needed financing to support its expansion plans in the US and Canadian markets, and wanted to secure capital from a senior lender that understood EA’s value drivers. FirePower surfaced numerous proposals, then negotiated and improved on the terms and conditions to the benefit of EA.