RWT Growth Expands into Calgary with MAXIMA Acquisition

Deal News | Nov 18, 2024 | Globenewswire

RWT Growth Expands into Calgary with MAXIMA Acquisition

RWT Growth Inc., a leading boutique M&A advisory firm in Canada, has announced the acquisition of MAXIMA Divestitures Group, a mid-market M&A firm based in Calgary. The move expands RWT Growth's geographic reach into Alberta, establishing Calgary as their third Canadian office alongside Kelowna and Montreal. This strategic acquisition emphasizes RWT Growth's focus on energy and oil field services, bolstering their capabilities in industrial transactions. The deal aligns with their strategy to tap into the wave of business transitions driven by baby boomer ownerships. Reece Tomlinson, CEO of RWT Growth, highlights the deal as a means to leverage complementary skills and enhance client service in both buy and sell-side operations. David Braun, founder of MAXIMA, will join RWT Growth's leadership and underscores the synergy created by combining both companies' strengths. Having advised on over $3 billion in transactions, RWT Growth aims to deliver superior M&A services across Canada.

Sectors

  • Mergers & Acquisitions (M&A)
  • Energy & Oil Field Services
  • Corporate Finance Advisory

Geography

  • Canada – RWT Growth is one of Canada's largest M&A firms, and the acquisition of MAXIMA, located in Calgary, reflects the firm's strategy to expand its presence within Canada.
  • Alberta – The acquired company, MAXIMA Divestitures Group, is based in Calgary, Alberta, representing a strategic expansion for RWT Growth in this region.

Industry

  • Mergers & Acquisitions (M&A) – The article discusses the acquisition by RWT Growth Inc. of MAXIMA Divestitures Group, highlighting their specialization in M&A advisory services.
  • Energy & Oil Field Services – The acquisition enhances RWT Growth's expertise in the energy and oil field services sector, a focus area for MAXIMA.
  • Corporate Finance Advisory – Both RWT Growth and MAXIMA are involved in providing corporate financial advisory services, covering aspects such as acquisition, divestiture, and merger advisory.

Financials

  • $3 billion – The total value of transactions advised by RWT Growth Inc.
  • $5 million to over $150 million – The typical deal value range for transactions handled by RWT Growth Inc.

Participants

NameRoleTypeDescription
RWT Growth Inc.Acquiring CompanyCompanyA leading Canadian boutique M&A advisory firm known for delivering above-market returns and advising on over $3 billion in transactions.
MAXIMA Divestitures GroupTarget CompanyCompanyA Calgary-based mid-market M&A firm specializing in business brokerage, acquisition, divestiture, and corporate financial advisory services.
Reece TomlinsonCEO of RWT Growth Inc.PersonCEO of RWT Growth, recognized among Canada’s 100 Most Powerful Women, leading the firm in its strategic expansion efforts.
David BraunFounder and Managing Partner of MAXIMA GroupPersonFounder of MAXIMA who will join the leadership team of RWT Growth following the acquisition.