Description of Transaction
Sequeira Partners was engaged by the shareholders of Thompson to assist in identifying and pursuing a transaction with a best-fit partner to allow existing shareholders to monetize their investment in the business and support future growth. The sale to Hillcore will help facilitate the next phase of growth for Thompson while allowing the Company to continue its long-standing history of operational excellence, safety, and quality services.
The Sequeira team provided advisory assistance throughout the transaction process including financial modeling and support, marketing of the business, negotiating preliminary and final deal terms, advising on the complexities of the transaction structure, as well as assisting with due-diligence and other pre-closing matters.
Thompson Construction Group
Thompson Construction Group was established in Barrhead, Alberta in 1964 with a handful of employees and a couple pieces of heavy equipment. In 1984 the business moved its headquarters to Spruce Grove, Alberta and today, operates with over 1,500 employees and 2,000 pieces of equipment. Thompson is one of Western Canada’s most reputable and sought after heavy civil contractors focused on earth moving, infrastructure construction, oil sands reclamation, and plant construction. With its longstanding nearly 60 year history, the Company has been instrumental in developing and maintaining the infrastructure Western Canadian’s depend upon each day.
Hillcore Group
The Hillcore Group is a leading independent Canadian investment and advisory firm that invests predominantly in the life sciences, real estate, seniors living, financial, industrial, logistics, forestry, and energy sectors. Hillcore has offices in Toronto, Vancouver, Edmonton, and Calgary. Through their various groups and portfolio companies, Hillcore employs more than 5,000 people throughout Canada. Entities under management have an asset value in excess of $5 billion. Since 2005, Hillcore has completed acquisitions, directly or indirectly through investment funds, with an aggregate asset value in excess of $9 billion.
