Analyst RecommendationThe analyst upgraded the shares to Outperform from Market Perform, reflecting improved organic growth and a robust M&A pipeline.
M&A StrategyThe company's M&A activities in 2025 added nearly C$900 million of businesses to its portfolio, indicating a strong growth strategy.
Organic GrowthTerraVest posted strong results with approximately 7% organic growth across its base portfolio, which is impressive given the macro headwinds.