Capital West Advises Vigil Health Solutions on Sale to ASSA ABLOY
Capital West Partners is pleased to announce its role as financial advisor to Vigil Health Solutions Inc. (“Vigil”).
Click here to view the original press release.
On January 17, 2022, Vigil announced it had entered into an agreement with ASSA ABLOY, pursuant to which ASSA ABLOY will acquire all of Vigil’s issued and outstanding common shares (the “Transaction”). The Transaction is valued at $12.55 million and represents a 34% premium over Vigil’s 30-day volume weighted average share price prior to the announcement. The Transaction is expected to close in March 2022, following the satisfaction of certain closing conditions.
Based in Victoria, BC, Vigil develops and markets a proprietary platform combining software and hardware to provide solutions to the expanding seniors’ housing market. The Transaction will result in one of the most comprehensive product offerings in the senior care market, matching Vigil’s technological expertise and industry knowledge with opportunities and resources offered by a multi-national company like ASSA ABLOY.
Capital West Partners acted as financial advisor to Vigil and provided a fairness opinion with respect to the Transaction.
For additional information contact:
About Capital West Partners
Founded in 1990, Capital West Partners is an independent M&A advisory firm based in Vancouver, BC. As mid-market specialists, we deliver focused financial advice and transaction expertise to public and private companies, as well as public sector entities, in Western Canada and beyond for a range of transaction situations, including:
- Divestitures
- Mergers & Acquisitions
- Strategic Financings
- Valuations & Fairness Opinions
- Financial Advisory Assignments
Capital West has a proven track record of 30+ years of completing transactions that maximize value for our clients. Since inception, we have completed deals with over $11 billion in combined total value.
Capital West is also a proud partner in IMAP (International Mergers and Acquisitions Partnership), a global organization of highly experienced middle-market advisory firms in over 40 countries. Through IMAP, we maximize our global reach to bring industry and country expertise to every one of our assignments, and to find our clients the best buyers and investors in North America and beyond. www.imap.com