Pressure is growing in the world of buying and selling businesses. And Saskatchewan has been playing a noticeable role in this field lately.
The latest figures on mergers and acquisitions show Saskatchewan activity accounted for more than 10-percent of all the transactions in the county in the three months than ended in September. That is roughly three times the level we should anticipate on a per capita basis.
Not only is that two more deals than last year, we were also the only province that posted increased activity in the third quarter of this year.
The report, prepared by Valitas Capital, founded by Saskatchewan native Aden Paris, says activity in this space is down – about 27-percent behind last year’s pace – and demand is building with North American private equity players sitting on more than a trillion dollars of capital while corporate balance sheets are carrying five-times that much cash.
Pressure to deploy that capital will continue to grow, prompted a surge in deal making for business owners looking to exit their enterprises.
