Whitehorn Merchant Capital Inc. (“Whitehorn”) advised the shareholders of R.G. Mallett Oilfield Enterprises Ltd. (“RGM”) in the share sale to Design Group Staffing Inc. (“DGSI”). The transaction served as a succession plan for most of the RGM shareholders.
With decades of transaction experience, the Whitehorn team was able to apply its expertise in marketing, negotiating and due diligence to ensure a successful closing.
Based in Calgary, RGM specializes in providing staffing solutions to the energy industry in Canada. RGM assists its clients in providing wellsite consultants with diverse expertise, including drilling; completions; workovers; abandonments; and construction.
Whitehorn provided RGM’s shareholders with an end-to-end suite of solutions:
Prepared marketing materials outlining RGM’s business and competitive advantages to potential buyers;
Identified and contacted a comprehensive list of strategic buyers across Canada;
Negotiated a market-based purchase price satisfactory to both RGM’s shareholders and DGSI’s management;
Collaborated with both RGM and DGSI’s legal advisors to navigate through the closing process.
Contact Whitehorn today for help with your management buyout transaction.