Canada's Middle Market M&A Update
Canada's Middle Market M&A Update – Q4 2024
Canadian M&A transaction count declined to 307 this quarter, down from 382 in Q3 2024. The materials and industrials sectors led the way in Q4, with 77 and 55 transactions, respectively. The utilities sector saw the fewest transactions — with only one deal in Q4 2024, decreasing from the five recorded in Q3 2024.
The Bank of Canada cut interest rates in October and December 2024 in response to easing inflation and slower-than-expected economic growth. However, M&A activity notably declined this quarter as companies adopted a more cautious approach, influenced by expectations of further rate cuts and uncertainties regarding proposed U.S. tariffs.
MNP Corporate Finance Services
MNP Corporate Finance is a leader in providing transaction advisory services and is committed to helping Canadian companies reach their full potential. Whether it’s assistance in selling your company, financing to fund your growth strategy, due diligence on an impending transaction, or other M&A activity — you require innovative and effective corporate finance solutions tailored to your specific needs.
With offices strategically located across Canada, our professionals bring a wealth of experience, expertise and integrity to every transaction. We strive to understand your unique needs while delivering customized strategies to help you achieve your business goals.
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Middle Market M&A Update
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Contact Our Corporate Finance Team
Brett Franklin CPA, CA
President, MNP Corporate Finance
Brett Franklin, CPA, CA, is President, MNP Corporate Finance Inc. Based in Winnipeg, Brett develops and implements creative business strategies for clients in all industry sectors and in all stages of the business life cycle.
Brett’s primary role is facilitating the sale of companies, but he also provides support with business acquisitions, corporate restructuring and transactional due diligence.
With a diverse background in financial services, including banking, private equity, hedge funds and structured investment products, Brett has the knowledge and ability to resolve challenging financial issues and develop practical solutions to even the most difficult problems. He is adept at guiding clients at any level of the organization, helping them understand complex situations and providing professional business strategy advice.
Prior to joining MNP, Brett was Director of Hedge Fund Administration at UBS AG in the Cayman Islands. He holds the Chartered Professional Accountant (CPA) designation, qualifying as a Chartered Accountant (CA) in 2001, and a Master of Accountancy degree from the University of Manitoba. In his free time, Brett coaches minor hockey and baseball.