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Here are 3 examples of successful Canadian companies whose owners have implemented one of the 3 common exit strategies
Loblaws; the Weston Family has favoured keeping the business in the family.
Big Freight Systems of Manitoba went the route of a buyout in 2013
Tim Hortons is a great example of an External Sale
Relatable Examples of the 3 Most Common Exit Strategies
Family Transition
- 4th generation took over
- Readjustment of family members are made towards other family-owned businesses
- Keeping ownership in the family has been a driving principle of the Weston family
Source: CBC
Buy Out
- Owned by the Coleman family of Steinbach, Manitoba for 68 years
- In order to capitalize on some opportunities, it became evident in 2013 that a change in ownership was necessary
- The shareholders saw the value in the company and completed a Buyout
Source: First West Capital
External Sale
- Sold to Burger King in a strategic deal valued at 12.5 Billion
- This external sale came about because the businesses wanted to expand across borders and were able to leverage brand equity and internal resources for mutual benefit
- The sale announcement resulted in a 28% increase of Tim Hortons shares
Source: The Globe and Mail
