Aerospace & Defense, Diversified Industrials, Engineering, Construction & Building Products
Meridian Capital advises Weatherhaven Global Resources Ltd. in acquisition by White Wolf Capital
Published September 29, 2021
FOR IMMEDIATE RELEASE // SEATTLE, WASHINGTON
Meridian Capital LLC (“Meridian”), a leading Seattle-based middle market investment bank and M&A advisory firm is pleased to announce the successful acquisition of its client, Weatherhaven Global Resources Ltd. (“Weatherhaven” or the “Company”), a portfolio company of Fulcrum Capital Partners (“Fulcrum”), by White Wolf Capital Canada, Inc. (“White Wolf”). Meridian Capital served as the exclusive financial advisor to Weatherhaven and Fulcrum on the transaction.
Weatherhaven is recognized as one of the world’s leading suppliers of rapid and redeployable mobile infrastructure – from military operations in the desert to climate research stations in ultra-cold Antarctica to sophisticated medical, humanitarian and disaster relief solutions. Headquartered in British Columbia, Canada, the Company’s collective engineering, product design and project management capabilities allow Weatherhaven to deliver scalable, full lifecycle solutions to their customers in over 95 countries and all seven continents. During the COVID-19 crisis, the Company shifted its focus to deploy field hospital solutions and isolation ward product offering to help meet the needs in Canada, South America, the Middle East, and Africa.
This transaction marks the conclusion of a successful partnership between Fulcrum and Weatherhaven. “Meridian helped successfully position Weatherhaven’s innovative infrastructure solutions and leading global market position and supported the team in navigating a complex market environment in order to find Weatherhaven a great future partner,” said Devan Dass, a Principal at Fulcrum. Ray Castelli, CEO of Weatherhaven added, “We are excited about what the future holds as part of the White Wolf family of investments.”
Brian Murphy, President, Managing Director, and Head of Diversified Industrials and Aerospace & Defense for Meridian stated, “Weatherhaven’s products, supply chain, management, and strong track record uniquely positions the Company to serve a broad range of clients globally. It was an honor to work with an exceptional Weatherhaven management team and Fulcrum to find a partner that positions Weatherhaven for continued success.”
This transaction represents continued momentum for Meridian’s Aerospace & Defense and Diversified Industrials practice. Other recent transactions include Pacific Consolidated Industries acquisition by TJM Capital Partners, Shields Manufacturing’s acquisition by Precinmac Precision Machining, MTM Robotic’s acquisition by Airbus, and Berg’s acquisition by HDT Global.
Weatherhaven Global Resources Ltd. is a Canadian company headquartered in Burnaby, British Columbia. Weatherhaven is recognized as one of the world’s leading suppliers of rapid and redeployable mobile infrastructure – from military operations in the desert to climate research stations in ultra-cold Antarctica to sophisticated medical, humanitarian and disaster relief solutions. For 40 years we’ve provided our customers with rapid and effective responses to challenges, overcoming every terrain and climate imaginable across 95 countries and all seven continents. Please visit: www.weatherhaven.com.
For more information about this transaction, please contact one of the team members below:
About Meridian Capital
Founded in 1995, Meridian Capital is a Seattle-based M&A advisory firm, advising business owners on complex corporate finance, M&A and strategic challenges for over 26 years. The firm differentiates itself through its deep industry insights, highly customized service approach, and end-to-end commitment to execution. With a unique combination of professionals with financial, transactional, and operational expertise, Meridian offers the depth and breadth of experience required to serve leading middle market companies in multiple sectors including aerospace & defense, business services, consumer, diversified industrials, food & beverage, technology, and telecommunications.