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WESTERN CANADA'S CORPORATE TRANSACTION QUARTERLY
Q4 2023

DEALS WEST

In this issue:

Capital West 2023 Year in Review

Capital West activity was robust in 2023 with $600 million in M&A transactions across 10 deals

2023 M&A Review

North American mid-market multiples displayed their resilient nature in the face of several macro headwinds that slowed the global economy

Q4 2023 Mid-Market M&A Update

As EBITDA multiples in Q4 showed a substantial increase from Q3 averages, equity contributions from buyers continued to climb as interest rates held steady

2024 M&A Outlook

Optimistic outlook for 2024 as several indicators position the Canadian M&A market for a rebound

The Capital West Team is Growing!

The Capital West team grew in 2023 with the addition of two new Associates, Shaun Kalair and Alexandra Assaf-Booth

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