Firstly, Redcap&Truss is an independent advisory firm founded in 2014. We provide strategic mergers and acquisitions (M&A) and capital raising advice to middle market companies. Our focus is in the oil field services, distribution and manufacturing industries.
The name Redcap&Truss is inspired by the late 19th-century Red Cap baggage porters in New York’s Grand Central Station. Similarly to porters, we carry each corporate sales process from start to finish, while building a bridge (Truss) between buyer and seller.
The Redcap&Truss team has significant experience in mergers and acquisitions (M&A), capital raising and providing general financial advisory services. Most importantly, we are focused on helping clients reach both personal and business goals. Learn about the team below:
A native of rural Saskatchewan, Patrick started his career farming alongside his father. After completing his MBA at the University of Calgary, Patrick worked for CIBC World Markets and GMP Securities LP advising on over $3 billion worth of mergers and acquisitions (M&A) transactions.
Sensing small to medium size business owners were not receiving quality advice when selling their business, Patrick founded Redcap&Truss in the spring of 2014.
Chris Beaton has spent over 20 years advising clients on corporate strategy, capital raising and mergers and acquisitions. Prior to founding Redcap&Truss, Chris worked in the strategy group of Deloitte Consulting and spent seven years at CIBC World Markets where his last assignment was leading the Investment Banking coverage of the oil field services sector.
Chris’ time with CIBC was highlighted by raising over $3 billion in debt and equity offerings while advising on some of the largest mergers and acquisitions (M&A) transactions in the Canadian Energy Sector. Chris holds an MBA (with Distinction) from the Richard Ivey School of Business at the University of Western Ontario, is a Board Member of the Southwest Hockey Association and volunteers as a certified service puppy trainer through the Pacific Assistance Dogs Society (PADS).
Kevin Kutschinski is a born entrepreneur. Over the past 25 years, he has owned or partnered in 29 different businesses, achieving sales of over $1 billion.
His business ventures have included automotive & recreational vehicle dealerships, pipeline and facility construction, residential and commercial real estate, transportation and rental companies as well as tech start-ups.
Kevin has been a vendor or purchaser in numerous corporate deals, representing over $100 million in enterprise value. This experience gives him valuable perspective from both sides of a corporate transaction, allowing him to ‘walk the walk’ while representing his clients.
Kevin’s proven track record in business, financing and mergers and acquisitions (M&A) has been a boon to his clients in achieving successful outcomes.
Robyn Reside has unique experience that has spanned multiple sectors of banking including debt capital markets, investment banking, and commodities trading providing Robyn with a thorough understanding of corporate finance. Robyn began his career working for CE Franklin, a Calgary based energy services company while completing his degree in finance at the University of Calgary.
Following graduation, Robyn moved onto investment banking, working at FirstEnergy (later GMP FirstEnergy) where he was involved in providing strategic mergers and acquisitions (M&A) and financing advice to small and midcap energy companies. Most recently, Robyn worked on the commodity sales desk of Goldman Sachs, focusing on the physical natural gas market.
“The Redcap&Truss team helped us take this deal from concept to closing. There are lots of emotions that come with trying to get a deal done and the Redcap&Truss guys helped us every step of the way.”
“After meeting with Redcap&Truss for the first time in June, they immediately identified options that could help us take our company to the next level. I am incredibly excited about the future of First Pass and Whipcord. Together, we have the opportunity to create value for agriculture stakeholders with new digital products.”
“As Excel was growing, it became evident that we required a strategic partner to assist in the continued growth of the Company. Redcap&Truss identified UIG, as a strategic partner that would provide us with additional expertise in the construction industry while enabling us to continue to grow our business.”
“When we were having preliminary discussions with Big Bore, we had a general sense of what a fair deal would look like from a money perspective. The guys at Redcap&Truss confirmed our initial thinking, but also brought to the table some creative ideas on the other non-financial deal terms that we were not as familiar with. They did a great job in a short amount of time and negotiated a great deal for all sides .”
“I initially met Redcap&Truss at the end of 2012. At that time they advised me to continue to grow my business as they thought it was too early to sell it. By the summer of 2014, we engaged them and they thoroughly managed the sales process through the end of 2014 ensuring that our business was sold just prior to the downturn in 2015.”
“Patrick and Chris were valuable resources as we refined our business plan and sought out equity partners. We continue to lean on their expertise as we develop and grow our business.”
“I didn’t want to shop around and knew I wanted to sell my business to CEDA. However, I wanted to make sure I was getting a fair deal, not only on the sale of my equipment, but also as it related to my future employment. Redcap&Truss walked me through what a fair deal would look like and negotiated all the key deal terms that worked for both CEDA and I. The guys were always available for a late-night chat and were patient with any questions I had throughout the process.”
“Chris and Patrick did a fantastic job of guiding our shareholder group on how to sell our business. They handled all the little details, set up a process that gave us piece of mind that we were getting a fair price for our business and gave us no nonsense and honest answers to all our questions. We are extremely pleased to have hired the Redcap&Truss team.”
“We had a unique process where we almost sold to one group, realized it wasn’t the right party or time, continued to run our business and eventually sold to CEDA two years later. The Redcap&Truss guys worked with us all through that time, continued to monitor the market and narrowed the list of potential buyers until we were satisfied that CEDA was the right fit. The guys took care of managing all the paper work and I was able to manage and continue to grow my business during the entire process.”