Twilight Capital
Twilight Capital is a Montreal-based M&A and capital markets advisory consulting firm founded in 2008 by Nikolas Perrault, CFA, who is identified as founder and CEO. The firm states that it advises public and private small and mid-cap companies internationally and supports mandates ranging from under $25m to multi-billion dollar transactions.
What stands out about Twilight Capital
Twilight Capital publicly describes a special-situations advisory practice covering M&A, capital markets, securitization, valuation, restructuring, private capital raising, and related transaction work. Its stated sector focus is natural resources, technology, and healthcare, and its public examples include capital-markets and property-related engagements involving Twilight Capital Inc.[1][2][3][4][6][7]
What does Twilight Capital do?
Twilight Capital is a Montreal-based M&A and capital markets advisory consulting firm founded in 2008 by Nikolas Perrault, CFA, who is identified as the firm’s founder and CEO.
The firm describes its practice as focused on special situations and states that it serves public and private small and mid-cap companies internationally. Twilight also states that its clients range from early-stage start-ups and mid-market companies to large strategic players.[1][5][7]
Twilight states that it provides M&A advisory for domestic, cross-border, and multinational transactions. Its listed work includes transaction assessment, target and acquirer identification, special committee advisory, proposal evaluation, and negotiation support.
The firm also lists acquisition financing, auctions, contested shareholder meetings, distressed assets, joint ventures and strategic alliances, leveraged buy-outs, management buy-outs, plans of arrangement, regulatory review, and takeover bids and defense. Its capital markets services include transaction-readiness and due-diligence assessments, valuation of strategic alternatives, capital sourcing and allocation advice, private capital raising, IPO preparation, and reverse-merger strategy.
Twilight further states that it supports single- and multi-seller securitization transactions involving diverse asset classes and advises investment banks, equity investors, and corporate clients on domestic and cross-border securitizations.[2][3][4]
Owners comparing advisory firms can also review Auxo’s M&A advisor vs. business broker vs. investment bank comparison, advisor-selection guide, and sell-side advisor evaluation framework.
What should a business owner evaluate before hiring Twilight Capital?
For an owner considering a sale or capital raise, Twilight’s stated scope includes M&A advisory, special situations, cross-border transactions, valuation, private capital raising, and transaction-readiness work. The firm identifies natural resources, technology, and healthcare as areas of special-situations focus and states that it serves public and private small and mid-cap companies internationally.
Before engagement, an owner should request representative completed transactions, the proposed service scope and engagement economics, conflicts procedures, the team assigned to the mandate, and details of any applicable registration or exemption. The cited official M&A advisory page and founder profile do not provide a complete quantified completed-deal record, while the cited Contact Us page does not state fees or standardized engagement terms.[2][3][5][6][7]
Which recent transactions has Twilight completed as lead advisor, and what were the transaction dates, values, counterparties, and outcomes
What services will be provided under the proposed engagement, and what are the success fee, retainer, expense, exclusivity, termination, and tail provisions
Which regulated activities, if any, will Twilight Capital Inc. or affiliated entities perform, and under what registration or exemption
What size transactions and clients does Twilight Capital focus on?
Twilight states that its special-situations expertise focuses on natural resources, technology, and healthcare. The founder profile also identifies experience in financial, technology, natural resources, and healthcare industries, and lists energy production, fintech, healthcare, mining, oil and gas, and gaming among relevant activities.[5][6]
Publicly disclosed examples involving Twilight Capital Inc. include Global Hemp Group’s rights offering, in which Twilight acted as financial advisor and was entitled to an 8% fee on gross proceeds from investors it introduced.
A Canadian Securities Exchange Form 9 for Global Hemp Group’s Apollon intellectual-property transaction states that Twilight Capital Inc. or an affiliate would receive a finder’s fee equal to 5% of the transaction value.
Emgold Mining disclosed an amended assignment agreement with Twilight Capital Inc. under which Emgold received rights to acquire up to a 91% interest in the Casa South property. The disclosed consideration to the assignor was 807,692 common shares representing $52,500.[8][9][10]
The firm’s stated transaction coverage includes domestic, foreign, cross-border, and multinational M&A, as well as acquisition financing, auctions, distressed assets, joint ventures, strategic alliances, leveraged buy-outs, management buy-outs, plans of arrangement, regulatory review, takeover bids and defense, and special committee matters.
Twilight also describes capital markets work involving transaction readiness, private capital raising, IPO preparation, reverse-merger strategy, valuation, and securitization. The firm states that its mandates range from under $25m to multi-billion dollar transactions.[2][3][4][7]
What does Twilight Capital publicly disclose about fees, process and engagement terms?
The cited official Contact Us page does not state a securities registration number, regulator authorization, fee schedule, minimum engagement size, or standardized engagement terms.
The cited official M&A advisory page does not publish named completed transactions, transaction values, closing dates, buyer identities, or consideration terms. The cited official founder profile identifies advisory roles and sector experience but does not publish a complete transaction list or quantified completed-deal record for Twilight Capital.[2][6][7]
The official Contact Us page identifies the business as Twilight Capital and gives its Montreal office at 800 boul. René-Lévesque ouest, Suite 1730, Montréal, Québec H3B 1X9, Canada. An issuer filing identifies Nikolas Perrault as CEO of Twilight Capital, a Montreal-based capital market advisory consulting firm founded in 2008.
The cited official Contact Us page does not state a securities registration number or regulator authorization. Owners should confirm which regulated activities, if any, Twilight Capital Inc. or affiliated entities would perform and under what registration or exemption.[7][11]
Twilight states that it manages M&A transactions from beginning to end, uses global networks to engage multiple participants, and maintains strict confidentiality while seeking to maximize transaction value.
The official Contact Us page does not state a fee schedule or standardized engagement terms.[5][7]
Questions to ask before hiring Twilight Capital
Which recent transactions has Twilight completed as lead advisor, and what were the transaction dates, values, counterparties, and outcomes?
What services will be provided under the proposed engagement, and what are the success fee, retainer, expense, exclusivity, termination, and tail provisions?
Which regulated activities, if any, will Twilight Capital Inc. or affiliated entities perform, and under what registration or exemption?
How are conflicts handled where Twilight, Nikolas Perrault, or affiliates hold securities or provide financing to a client or counterparty?
Which team members will lead the mandate, and what sector-specific buyer and investor relationships are currently active?
Sources & research notes
- Official website / firm overview
- Services / capabilities
- Services / capabilities
- Services / capabilities
- Industry / market focus
- Industry / market focus
- Transaction size / criteria
- Transaction / portfolio evidence
- Transaction / portfolio evidence
- Transaction / portfolio evidence
- Structure / regulatory context
How this profile was researched
Auxo profiles are prepared from publicly available primary and authoritative sources and reviewed for entity identity, factual support and disclosure consistency. When a fact cannot be supported by the reviewed public record, the profile identifies it as something to confirm directly rather than inferring it.
Independent research profile
This profile was prepared by Auxo Capital Advisors from publicly available information believed to be reliable and is provided solely for informational and educational purposes. It is not an endorsement, recommendation, ranking, solicitation, or representation regarding the profiled firm, its services, qualifications, transaction experience, regulatory status, financial condition, or suitability for any particular person, company, transaction, or investment.
Information obtained from third-party and public sources may be incomplete, inaccurate, outdated, or subject to change, and Auxo Capital Advisors makes no representation or warranty, express or implied, as to its accuracy, completeness, or timeliness. Readers should conduct their own independent diligence and consult appropriate professional advisers before engaging any advisor, intermediary, investor, lender, acquirer, or other transaction counterparty.
Broker-dealer and securities disclosure
Auxo Capital Advisors is an affiliate of Weild & Co., Member FINRA | SIPC. Securities-related activities and securities transactions are conducted through Weild & Co.
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