Exclusive financial advisor to Hoskin Scientific Limited
KPMG Corporate Finance LLC acted as exclusive financial advisor to Hoskin Scientific Limited
KPMG Corporate Finance LLC is pleased to announce the sale of Hoskin Scientific Limited (Hoskin Scientific or the Company), a portfolio company of Supply Chain Equity Partners, to River Associates Investments (River Associates). The transaction closed on December 30, 2021.
Based in Burnaby, British Columbia with operations in four Canadian provinces, Hoskin Scientific is a value‑added distributor of essential test, measurement, and monitoring equipment serving the environmental, geotechnical, and processing markets throughout Canada. For over 75 years, the Company has provided expert consultative support to assist customers in finding the best product for their needs.
“Finding the best company to support our growth was extremely important for us,” said Rod McKeown, president of Hoskin Scientific. “With River Associates, we’re confident that we have an experienced partner with the track record and resources to help us continue building the Company. River Associates’ partnership approach resonated well with our team, and we are very excited about working with them.”
“River is proud to announce our latest platform acquisition: Hoskin Scientific,” said Craig Baker, partner at River Associates. “Founded in 1946, the Company has a long-standing reputation for technical expertise, strong vendor relationships, and customer loyalty and trust. We are excited for the opportunity to partner with the management team to support the continued growth and success of the Company.”
About Supply Chain Equity Partners
Based in Tampa, Florida, Supply Chain Equity Partners is the only private equity firm in North America that invests exclusively in the distribution and logistics space.
About River Associates
River Associates is a private equity firm based in Chattanooga, Tennessee, that focuses exclusively on investing in the lower middle-market and has served as a financial sponsor partner for management teams for over 30 years.
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