How to navigate a tough retail landscape Aug 16

Retail ecommerce

Canadian retailers are facing an uphill battle as they fight for market share in a competitive and changing industry. With continued store closures across Canada, retailers are urged to find ways to get in the game – or risk disappearing. Phil Lichtsztral, Partner at Richter Retail Consulting Services, discusses some of the causes and cures of the current retail landscape. Continue Reading

Trends in the M&A Market: Part I: Deal flow and valuations Feb 08

M&A Trends, David Hastie

In November 2016 First West Capital was involved in a panel discussion at ACG Capital Connection in Toronto addressing trends in the mergers and acquisitions (M&A) market, which has seen an increase in activity. Transactions with an M&A component, such as strategic M&As, partner buyouts, management buyouts (MBOs) and leveraged buyouts (LBOs), have become favorable for sellers due to high valuation multiples – thanks to low interest rates and strong availability of capital from lenders and private equity firms. For strategic buyers, low organic growth rates and succession planning are driving increased M&A activity. Continue Reading

The Rise of the Consumer in China and What This Means for Western Canada Mar 03, 2016

The Chinese economy is slowing down. It is hardly alone – much of the world has experienced economic tumult and uncertainty over the last two years. In China’s case, the economy is undergoing a fundamental shift away from infrastructure and development to consumption-based growth, similar to what drives most advanced economies. The impact of this transition is being felt globally. The resource-dependent economies of Western Canada are being particularly hard hit, at least in the short term.

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