$5M | Sale of home construction company
KitsWest Capital advised the shareholders of a home construction company based in Kelowna, BC, on a sell-side M&A process resulting in a $5M sale to a strategic acquirer in the residential construction sector. The business had built a multi-decade reputation in the Okanagan residential market with established trade relationships, an active project pipeline, and a brand recognized in its catchment area. Shareholders sought a transition that protected employees, honored the brand, and produced a fair market clearing price.
The mandate
The engagement covered business preparation and normalized earnings analysis, development of confidential information materials, identification of qualified strategic and financial buyers across the residential construction and trades sectors, structured bid process management, term sheet negotiation, and execution through closing. The buyer pool included regional strategic acquirers as well as financial buyers building platforms in residential construction.
Why this transaction represents our practice
This $5M sale is representative of the sell-side M&A advisor and mid-market business broker work KitsWest performs for owner-managed businesses in residential construction, trades, and related sectors across the Okanagan, Lower Mainland, and Western Canada. For a privately held builder of this scale, running a structured process rather than entertaining a single unsolicited offer often produces both a stronger headline price and better non-price terms covering employees, real estate, and earn-out structure.
