HDL Capital (formerly WD Capital Markets) Management Buyout

March 31, 2025

The leadership team of WD Capital Markets Inc. completed a management buyout, acquiring 100% of the company and relaunching it as HDL Capital Inc., effective March 31, 2025. HDL will continue providing M&A advisory and transaction services to small- and mid-market clients from its Toronto base and expects to expand its team and Transaction Services practice.

Buyers
HDL Capital Inc. (management team of WD Capital Markets Inc.)
Targets
WD Capital Markets Inc. (rebranded as HDL Capital Inc.)
Location
Ontario, Canada
Transaction Type
Recapitalization

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