Manufacturing and processing lead buy out deals in 2013

CVCA reports $12.3 billion in the value of disclosed deals for the year.

TORONTO — Canadian manufacturing and processing companies accounted for the largest share of buyout-private equity deal-making last year, according to a report by Canada’s Venture Capital & Private Equity Association (CVCA).

They racked up 16% of total transactions. In second spot was oil and gas, which garnered a 12% share, followed by mining-related activity with a 11% share.

The report shows moderate growth in deal-making in 2013 with the disclosed values of transactions totalling $12.3 billion as of Dec. 31, up 5% from the $11.8 billion reported in 2012, and enough to make 2013 the highest since 2008.

Fundraising last year was the highest since 2006 with new capital committed totalling $16.1 billion.