G-Mac's AgTeam Merges with Cavalier Agrow
January 28, 2020
G-Mac's AgTeam LP has entered into an agreement to merge Cavalier Agrow Ltd. into G-Mac's AgTeam, creating a combined business that will operate 14 locations across Saskatchewan and employ approximately 130 people. Cavalier shareholders received equity in G-Mac's AgTeam as consideration, and the transaction was supported by local investors Golden Opportunities Fund Inc. and Westcap Mgt. Ltd.
- Buyers
- G-Mac's AgTeam LP, Golden Opportunities Fund Inc., Westcap Mgt. Ltd.
- Targets
- Cavalier Agrow Ltd.
- Sellers
- Shareholders of Cavalier Agrow Ltd.
- Platforms
- G-Mac's AgTeam LP
- Industry
- Agriculture
- Location
- Saskatchewan, Canada
- Transaction Type
- Addon
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