PE Hub Staff, Author at PE Hub https://www.pehub.com For the world's private equity markets Thu, 05 Oct 2023 13:57:07 +0000 en-US hourly 1 https://wordpress.org/?v=6.3.2 Highland West Capital-backed Bid Group snaps up YGE https://www.pehub.com/highland-west-capital-backed-bid-group-snaps-up-yge/ Thu, 05 Oct 2023 13:29:31 +0000 https://www.pehub.com/?p=20000003677666 Based in Prince George, British Columbia, Bid Group is an integrated supplier of equipment, engineering and optimization services and related solutions to the wood processing industry.

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]]> Neighbourly Pharmacy agrees to be taken private by backer PCP https://www.pehub.com/neighbourly-pharmacy-agrees-to-be-taken-private-by-backer-pcp/ Wed, 04 Oct 2023 12:45:25 +0000 https://www.pehub.com/?p=20000003677619 The deal values the company at about C$915 million.

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]]> Brookfield wraps up sixth flagship private equity fund at $12bn https://www.pehub.com/brookfield-wraps-up-sixth-flagship-private-equity-fund-at-12bn/ Tue, 03 Oct 2023 12:21:32 +0000 https://www.pehub.com/?p=20000003677569 To date, Brookfield Capital Partners VI has committed about $4 billion to acquire six businesses.

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]]> Fonds de solidarité FTQ invests in Fort Insurance & Group Benefits https://www.pehub.com/fonds-de-solidarite-ftq-invests-in-fort-insurance-group-benefits/ Thu, 14 Sep 2023 13:46:22 +0000 https://www.pehub.com/?p=20000003676610 Fort Insurance & Group Benefits is an independent insurance brokerage with offices in Westmount, St-Michel and Quebec City.

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]]> Clairvest wraps up seventh mid-market fund at $1.2bn hard-cap https://www.pehub.com/clairvest-wraps-up-seventh-mid-market-fund-at-1-2bn-hard-cap/ Fri, 11 Aug 2023 12:59:59 +0000 https://www.pehub.com/?p=20000003675237 Clairvest committed $300 million to Clairvest Equity Partners VII alongside $900 million from third-party investors.

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]]> Corus to sell Toon Boom Animation to TPG platform for C$147.5m https://www.pehub.com/corus-to-sell-toon-boom-animation-to-tpg-platform-for-c147-5m/ Fri, 14 Jul 2023 13:11:35 +0000 https://www.pehub.com/?p=20000003673966 Based in Montreal, Toon Boom provides software for animation, storyboarding and pipeline management.

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]]> Madison Dearborn-backed Navacord buys Mitchell McConnell Insurance https://www.pehub.com/madison-dearborn-backed-navacord-buys-mitchell-mcconnell-insurance/ Thu, 29 Jun 2023 12:56:44 +0000 https://www.pehub.com/?p=20000003673327 Mitchell McConnell is a Saint John, New Brunswick-based brokerage offering risk management services, property and casualty insurance and life and accident coverage.

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]]> 12 dealmakers shine in 40 under 40 list of future PE leaders https://www.pehub.com/12-dealmakers-making-a-name-among-the-future-40-leaders-of-private-equity/ Tue, 02 May 2023 12:51:35 +0000 https://www.pehub.com/?p=20000003670665 40 under 40: Future Leaders of Private Equity. Meet the dealmakers demonstrating innovation, drive and forward thinking.

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]]> Deals of the Year for 2022 https://www.pehub.com/deals-of-the-year-2022/ Mon, 03 Apr 2023 04:10:21 +0000 https://www.pehub.com/?p=20000003669261 KKR gets the top award for its exit of CHI Overhead Doors, and for its forward-looking employee ownership view. Our winners for best deals of 2022 are in six categories.

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]]> PODCAST: How PE is navigating interest rate rises globally https://www.pehub.com/podcast-how-pe-is-navigating-interest-rate-rises-globally/ Thu, 26 Jan 2023 15:33:37 +0000 https://www.pehub.com/?p=20000003665768 In this fourth episode of our miniseries Private Markets and the End of Cheap Money, we look at how PE firms are dealing with currency risk, and how deals are being affected by interest rates rising at different paces throughout the world.

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]]> Clearspring and OneLink invest in driving schools network Tecnic https://www.pehub.com/clearspring-and-onelink-invest-in-driving-schools-network-tecnic/ Fri, 16 Dec 2022 15:52:37 +0000 https://www.pehub.com/?p=20000003664168 Founded by the Sévigny and Aubé families in 1985, the Tecnic network includes 160 driving schools across Quebec and more than 1,000 instructors.

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]]> AIMCo appoints Marlene Puffer as new chief investment officer https://www.pehub.com/aimco-appoints-marlene-puffer-as-new-chief-investment-officer/ Fri, 16 Dec 2022 13:57:23 +0000 https://www.pehub.com/?p=20000003664165 Puffer will assume her new role on January 30, 2023.

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]]> Greenfire Resources to go public in US with $950m SPAC merger https://www.pehub.com/greenfire-resources-to-go-public-in-us-with-950m-spac-merger/ Fri, 16 Dec 2022 13:19:59 +0000 https://www.pehub.com/?p=20000003664163 Greenfire Resources, a Calgary-based intermediate low-cost oil sands producer, has agreed to combine with M3-Brigade Acquisition III Corp, listed on the New York Stock Exchange.

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]]> PE-backed Foodtastic closes C$175m debt facility for acquisitions https://www.pehub.com/pe-backed-foodtastic-closes-c175m-debt-facility-for-acquisitions/ Thu, 15 Dec 2022 14:21:44 +0000 https://www.pehub.com/?p=20000003664125 The lending group is led by National Bank of Canada and includes Royal Bank of Canada, Bank of Nova Scotia, Toronto-Dominion Bank, Canadian Western Bank and the Business Development Bank of Canada.

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]]> Junior capital provider Penfund closes seventh fund at C$1.6bn https://www.pehub.com/junior-capital-provider-penfund-closes-seventh-fund-at-c1-6bn/ Wed, 14 Dec 2022 23:00:22 +0000 https://www.pehub.com/?p=20000003664110 Fund VII will maintain Penfund's long-time strategy as a specialty lender, focusing on second lien, mezzanine, private high yield loans and other credit products.

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]]> Lynx Equity acquires Resource4Floors, adds to flooring portfolio https://www.pehub.com/lynx-equity-acquires-resource4floors-adds-to-flooring-portfolio/ Wed, 14 Dec 2022 22:32:11 +0000 https://www.pehub.com/?p=20000003664107 Lynx, a Canadian private equity firm, specializes in acquiring and consolidating companies in the commercial flooring industry.

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]]> Blackstone Credit ups debt funding for Westland to $1.4bn https://www.pehub.com/blackstone-credit-ups-debt-funding-for-westland-to-1-4bn/ Wed, 14 Dec 2022 13:36:40 +0000 https://www.pehub.com/?p=20000003664068 Following its initial investment in January 2021 and further investment in January 2022, Blackstone Credit has led an additional $200 million commitment.

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]]> Danilee Capital invests in SAP staffing solutions company Addmore https://www.pehub.com/danilee-invests-in-sap-staffing-solutions-company-addmore/ Tue, 13 Dec 2022 14:49:37 +0000 https://www.pehub.com/?p=20000003664031 The investment in Addmore marks Danilee's second platform acquisition by a fund launched earlier this year.

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]]> HIG Capital-backed Recochem closes acquisition of Torque Detail https://www.pehub.com/hig-backed-recochem-closes-acquisition-of-torque-detail/ Tue, 13 Dec 2022 12:59:32 +0000 https://www.pehub.com/?p=20000003664019 Recochem is a Montreal-based manufacturer, marketer and distributor of automotive aftermarket and household fluids.

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]]> Stonepeak to acquire stake in natural gas liquids pipeline system KAPS https://www.pehub.com/stonepeak-to-acquire-stake-in-natural-gas-liquids-pipeline-kaps/ Mon, 12 Dec 2022 13:44:03 +0000 https://www.pehub.com/?p=20000003663972 Keyera Corp, a Calgary-based midstream business, will continue to own the remaining 50 percent and operate the asset.

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]]> Indoor farm platform GoodLeaf Farms nabs C$150m in growth funding https://www.pehub.com/indoor-farm-platform-goodleaf-farms-nabs-c150m-in-growth-funding/ Thu, 08 Dec 2022 13:55:23 +0000 https://www.pehub.com/?p=20000003663865 The deal includes a further investment from McCain Foods and a new partnership with Power Sustainable Lios, a specialized agri-food private equity platform.

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]]> CAI-backed Universal Group snaps up Advanced Traffic Control https://www.pehub.com/cai-backed-universal-group-snaps-up-advanced-traffic-control/ Wed, 07 Dec 2022 22:59:47 +0000 https://www.pehub.com/?p=20000003663850 CAI invested in Universal in 2018. Its co-investment partners include BDC Capital, Roynat Equity Partners and Frind Enterprises.

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]]> Ironbridge Equity goes sweet with acquisition of King’s Pastry https://www.pehub.com/ironbridge-equity-goes-sweet-with-acquisition-of-kings-pastry/ Thu, 24 Nov 2022 17:33:40 +0000 https://www.pehub.com/?p=20000003663111 Based in Mississauga, Ontario, King’s Pastry is a manufacturer of sweet and indulgent bakery products.

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]]> Private equity-backed Dentalcorp to explore strategic options https://www.pehub.com/private-equity-backed-dentalcorp-to-explore-strategic-options/ Wed, 23 Nov 2022 14:12:47 +0000 https://www.pehub.com/?p=20000003662987 Dentalcorp has formed a special committee to review and evaluate strategic alternatives that may be available "to unlock shareholder value."

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]]> Thomson Reuters to acquire PE-backed SurePrep for $500m https://www.pehub.com/thomson-reuters-to-acquire-pe-backed-sureprep-for-500m/ Mon, 14 Nov 2022 23:18:42 +0000 https://www.pehub.com/?p=20000003662542 SurePrep in 2019 secured a minority investment from Bregal Sagemount, a New York-based growth-focused private equity firm.

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]]> Cerberus leads $50m investment in rare-earth miner Torngat Metals https://www.pehub.com/cerberus-leads-50m-investment-in-rare-earth-miner-torngat-metals/ Mon, 14 Nov 2022 14:15:11 +0000 https://www.pehub.com/?p=20000003662509 Torngat is developing the Strange Lake project in the Nunavik region of Quebec to provide a long-term supply of rare-earth products to support the transition to a low-carbon economy.

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]]> PODCAST: Planning for the unknown https://www.pehub.com/podcast-planning-for-the-unknown/ Thu, 03 Nov 2022 11:00:25 +0000 https://www.pehub.com/?p=20000003661977 In an era defined by uncertainty, how does anyone plan for the year ahead? In this sixth and final episode of Disruption Matters, a panel of experts discusses how they're preparing for whatever 2023 brings.

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]]> PODCAST: Plotting a surefooted path in a disrupted world https://www.pehub.com/podcast-plotting-a-surefooted-path-in-a-disrupted-world/ Wed, 17 Aug 2022 06:00:48 +0000 https://www.pehub.com/?p=20000003657999 The first in a special five-part series, sponsored by AlixPartners, where we ask private equity operators how they're responding to today’s myriad challenges. 

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]]> Apollo, Blackstone seek buyers for Ridgeback Resources: Reuters https://www.pehub.com/apollo-blackstone-seek-buyers-for-ridgeback-resources-reuters/ Wed, 06 Jul 2022 12:54:55 +0000 https://www.pehub.com/?p=20000003656529 Apollo and Blackstone formed Ridgeback in 2016 to buy Lightstream Resources in a C$1.35 billion deal.

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]]> Private equity bidders weigh offers valuing Toshiba at up to $22bn: Reuters https://www.pehub.com/private-equity-bidders-weigh-offers-valuing-toshiba-at-up-to-22bn-reuters/ Wed, 22 Jun 2022 13:29:45 +0000 https://www.pehub.com/?p=20000003655600 KKR, Baring Private Equity Asia, Blackstone, Bain Capital, Brookfield Asset Management, MBK Partners, Apollo Global Management and CVC have submitted initial bids, sources said.

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]]> PE-backed Champion Petfoods exploring options, including sale: Bloomberg https://www.pehub.com/pe-backed-champion-petfoods-exploring-options-including-sale-bloomberg/ Tue, 21 Jun 2022 12:58:57 +0000 https://www.pehub.com/?p=20000003655531 A deal could value the Edmonton-based pet food manufacturer at more than $2 billion.

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]]> Sagard Credit Partners wraps up sophomore fund at $1.17bn https://www.pehub.com/sagard-credit-partners-wraps-up-sophomore-fund-at-1-17bn/ Thu, 16 Jun 2022 13:18:39 +0000 https://www.pehub.com/?p=20000003655319 Sagard Credit Partners, part of Canadian alternative asset manager Sagard, has closed its second private debt fund focused on the non-sponsor space.

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]]> PE-backed Plus Company buys advertising agency Mekanism: WSJ https://www.pehub.com/pe-backed-plus-company-buys-advertising-agency-mekanism-wsj/ Thu, 16 Jun 2022 12:53:59 +0000 https://www.pehub.com/?p=20000003655317 US independent advertising agency Mekanism has been acquired by Plus Company, a private equity-backed marketing holding company based in Quebec.

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]]> Power Sustainable raises initial C$210m for debut agri-food fund https://www.pehub.com/power-sustainable-raises-initial-c210m-for-debut-agri-food-fund/ Wed, 15 Jun 2022 13:20:17 +0000 https://www.pehub.com/?p=20000003655269 Power Corp's Power Sustainable has secured an initial C$210 million for Lios Fund I, its inaugural agri-food private equity fund.

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]]> Zymeworks adopts poison pill to stop All Blue takeover: Reuters https://www.pehub.com/zymeworks-adopts-poison-pill-to-stop-all-blue-takeover-reuters/ Mon, 13 Jun 2022 13:17:27 +0000 https://www.pehub.com/?p=20000003655190 Zymeworks said the shareholder rights plan would stop investors from amassing more than 10 percent of its share.

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]]> CIBC Innovation Banking provides debt funding to NowSecure https://www.pehub.com/cibc-innovation-banking-provides-debt-funding-to-nowsecure/ Fri, 10 Jun 2022 14:00:37 +0000 https://www.pehub.com/?p=20000003655157 CIBC Innovation Banking has provided new debt financing for Chicago-based NowSecure, a mobile application security and privacy software company.

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]]> SAF Group lends C$41m to Ontario utility services company https://www.pehub.com/saf-group-lends-c41m-to-ontario-utility-services-company/ Thu, 09 Jun 2022 13:53:40 +0000 https://www.pehub.com/?p=20000003655092 The investment is the third made by AGF SAF Private Credit LP, which has to date deployed about C$115 million.

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]]> Brazil’s Eletrobras privatization lures CPPIB, GIC: Reuters https://www.pehub.com/brazils-eletrobras-privatization-lures-cppib-gic-reuters/ Thu, 09 Jun 2022 13:16:50 +0000 https://www.pehub.com/?p=20000003655090 Brazilian state power company Eletrobras is expected to raise about $6 billion through a share offering with funds from Canada and Singapore among the bidders.

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]]> Gluskin Sheff, Onex unveil retail-focused private equity solution https://www.pehub.com/gluskin-sheff-onex-unveil-retail-focused-private-equity-solution/ Wed, 08 Jun 2022 21:45:07 +0000 https://www.pehub.com/?p=20000003655078 Gluskin Sheff + Associates, the Toronto-based wealth management platform of Onex Corp, has launched a strategy targeted to Canadian retail investors.

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]]> CPPIB, OMERS explore sale of Chicago Skyway lease: Bloomberg https://www.pehub.com/cppib-omers-explore-sale-of-chicago-skyway-lease-bloomberg/ Wed, 08 Jun 2022 13:14:03 +0000 https://www.pehub.com/?p=20000003655033 Canada Pension Plan Investment Board and OMERS are exploring the sale of their lease attached to the Chicago Skyway Toll Bridge, Bloomberg reported.

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]]> Thrust raises initial C$77m for aerospace supply chain fund https://www.pehub.com/thrust-raises-initial-c77m-for-aerospace-supply-chain-fund/ Wed, 08 Jun 2022 12:50:33 +0000 https://www.pehub.com/?p=20000003655031 Canadian private equity firm Thrust Capital Partners has launched a new fund focused on the aerospace industry supply chain.

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]]> Highland West Capital promotes Trevor Brady to partner https://www.pehub.com/highland-west-capital-promotes-trevor-brady-to-partner/ Thu, 02 Jun 2022 20:35:08 +0000 https://www.pehub.com/?p=20000003654847 Canadian private equity firm Highland West Capital has promoted Trevor Brady to managing director and partner.

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]]> Regimen Equity Partners backs Central Builders’ Supply https://www.pehub.com/regimen-equity-partners-backs-central-builders-supply/ Fri, 27 May 2022 16:41:09 +0000 https://www.pehub.com/?p=20000003654464 Regimen Equity Partners has invested in Central Builders’ Supply, a Courtenay, British Columbia-based distributor and retailer of building products and materials. 

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]]> Claridge Food Group leads C$40m investment in WeCook Meals https://www.pehub.com/claridge-food-group-leads-c40m-investment-in-wecook-meals/ Wed, 25 May 2022 21:30:34 +0000 https://www.pehub.com/?p=20000003654310 Claridge Food Group, an affiliate of Canadian family office Claridge, has led a C$40 million investment in WeCook Meals, a Dorval, Quebec-based ready-to-eat food processor.

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]]> ArchiMed teams up with CDPQ to recap Corealis Pharma https://www.pehub.com/archimed-teams-up-with-cdpq-to-recapitalize-corealis-pharma/ Tue, 24 May 2022 22:30:12 +0000 https://www.pehub.com/?p=20000003654210 ArchiMed has led the recapitalization of Corealis Pharma, a Laval, Quebec-based formulator and maker of solid dosage oral pharmaceuticals during pre-clinical and clinical pre-commercialization trials.

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]]> Fonds de solidarité FTQ, CDPQ to buy BALL in C$850m deal https://www.pehub.com/fonds-de-solidarite-ftq-cdpq-in-talks-to-buy-ball-for-c850m/ Tue, 24 May 2022 21:59:31 +0000 https://www.pehub.com/?p=20000003654208 Bonduelle has begun talks with Fonds de solidarité FTQ and Caisse de dépôt et placement du Québec to sell most of Bonduelle Americas Long Life, a North American maker of canned and frozen vegetables.

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]]> DIF-backed BluEarth buys Colorado wind and solar project https://www.pehub.com/dif-backed-bluearth-buys-colorado-wind-and-solar-project/ Tue, 24 May 2022 21:25:00 +0000 https://www.pehub.com/?p=20000003654205 BluEarth Renewables has acquired the Eads Wind and Solar Project in Kiowa and Cheyenne Counties, Colorado from NorthRenew Energy.

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]]> Brookfield buys into utility solutions provider CrescoNet https://www.pehub.com/brookfield-buys-into-utility-solutions-provider-cresconet/ Thu, 19 May 2022 19:53:02 +0000 https://www.pehub.com/?p=20000003653976 Brookfield Asset Management has acquired a stake in CrescoNet, a Carlsbad, California-based provider of electric, water and gas smart metering and related services.

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]]> Peerage Realty buys stake in Premier Sotheby brokerage https://www.pehub.com/peerage-realty-buys-stake-in-premier-sotheby-brokerage/ Wed, 18 May 2022 21:51:44 +0000 https://www.pehub.com/?p=20000003653907 Peerage Realty Partners has acquired a substantial stake in Premier Sotheby´s International Realty, a luxury real estate brokerage in Florida and North Carolina.

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]]> Canada’s PE market sees robust dealmaking, lower values in Q1 https://www.pehub.com/canadas-pe-market-sees-robust-dealmaking-lower-values-in-q1/ Tue, 17 May 2022 15:12:04 +0000 https://www.pehub.com/?p=20000003653768 Canada’s private equity market saw C$1.4 billion invested across 212 deals in the first quarter of 2022.

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]]> Federated Hermes, CPPIB form JV to develop Silverstone Park https://www.pehub.com/federated-hermes-cppib-form-jv-to-develop-silverstone-park/ Thu, 12 May 2022 21:53:43 +0000 https://www.pehub.com/?p=20000003653595 Federated Hermes and Canada Pension Plan Investment Board have formed a joint venture to own and develop Silverstone Park, a UK engineering and technology business park.

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]]> TriWest sells Northern Mat & Bridge to EIC for C$325m https://www.pehub.com/triwest-sells-northern-mat-bridge-to-eic-for-c325m/ Wed, 11 May 2022 18:34:34 +0000 https://www.pehub.com/?p=20000003653503 Canadian private equity firm TriWest Capital Partners has sold Northern Mat & Bridge, a Calgary-based provider of temporary access solutions and structures to heavy industry.

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]]> Onex closes structured credit opps fund above $500m target https://www.pehub.com/onex-closes-structured-credit-opps-fund-above-500m-target/ Thu, 05 May 2022 22:10:24 +0000 https://www.pehub.com/?p=20000003653222 Canadian private equity firm Onex Corp has closed an inaugural fund for opportunistic investing in collateralized loan obligations.

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]]> CAI-backed Universal Group buys Signalisation de l’Estrie https://www.pehub.com/cai-backed-universal-group-buys-signalisation-de-lestrie/ Thu, 05 May 2022 18:17:38 +0000 https://www.pehub.com/?p=20000003653204 Universal Group has acquired Signalisation de l’Estrie, a Sherbrooke, Quebec-based provider of traffic control services and equipment rentals.

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]]> Bonaccord Capital Partners acquires minority stake in Penfund https://www.pehub.com/bonaccord-capital-partners-acquires-minority-stake-in-penfund/ Tue, 03 May 2022 21:36:34 +0000 https://www.pehub.com/?p=20000003653043 Bonaccord Capital Partners has acquired a minority stake in Penfund, a Canadian provider of junior capital to mid-market companies.

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]]> Glass Lewis, ISS endorse Clearlake’s acquisition of Intertape https://www.pehub.com/glass-lewis-iss-endorse-clearlakes-acquisition-of-intertape/ Tue, 26 Apr 2022 21:48:13 +0000 https://www.pehub.com/?p=20000003652530 Intertape, a Montreal and Sarasota, Florida-based packaging products maker, last month agreed to be taken private by Clearlake in a deal valued at $2.6 billion.

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]]> Fengate unveils distributed generation acquisition platform https://www.pehub.com/fengate-unveils-distributed-generation-acquisition-platform/ Tue, 26 Apr 2022 21:07:54 +0000 https://www.pehub.com/?p=20000003652525 The platform, Fengate Distributed Generation Partners, is being undertaken in collaboration with development partner 42 Renewables.

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]]> Slate closes second opportunistic real estate fund at C$572m https://www.pehub.com/slate-closes-second-opportunistic-real-estate-fund-at-c572m/ Tue, 26 Apr 2022 20:45:36 +0000 https://www.pehub.com/?p=20000003652521 Slate Asset Management, a Canadian alternative investment firm targeting real assets, has closed its second opportunistic real estate fund, raising C$572 million.

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]]> Crayhill Capital provides $100m facility to online lender QuadFi https://www.pehub.com/crayhill-capital-provides-100m-facility-to-online-lender-quadfi/ Wed, 20 Apr 2022 20:38:20 +0000 https://www.pehub.com/?p=20000003652106 Toronto-based QuadFi, an online lender to under-served borrowers, has secured a new financing facility of up to $100 million (C$127 million).

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]]> Kensington Capital funds Minus acquisition of Planet Earth https://www.pehub.com/kensington-capital-funds-minus-acquisition-of-planet-earth/ Wed, 20 Apr 2022 15:49:09 +0000 https://www.pehub.com/?p=20000003652069 Minus Global Holdings has acquired Planet Earth, a Toronto-based provider of organic recycling services in southern Ontario.

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]]> Thoma Bravo wraps up growth investment in Circle CVI https://www.pehub.com/thoma-bravo-wraps-up-growth-investment-in-circle-cvi/ Wed, 20 Apr 2022 15:27:38 +0000 https://www.pehub.com/?p=20000003652062 Thoma Bravo has closed its growth investment in Circle Cardiovascular Imaging, a Calgary-based provider of cardiovascular imaging software solutions.

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]]> Vinci to acquire OMERS’ stake in Strait Crossing Development https://www.pehub.com/vinci-to-acquire-omers-stake-in-strait-crossing-development/ Wed, 20 Apr 2022 15:02:38 +0000 https://www.pehub.com/?p=20000003652051 Vinci Highways has agreed to acquire the 65.1 percent stake held by OMERS Infrastructure in Strait Crossing Development, owner of the Confederation Bridge concession contract.

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]]> Financial services SPAC completes IPO on TSX, raises $150m https://www.pehub.com/financial-services-spac-completes-ipo-on-tsx-raises-150m/ Wed, 20 Apr 2022 14:17:51 +0000 https://www.pehub.com/?p=20000003652031 FG Acquisition Corp, a special purpose acquisition company, has exercised the greenshoe option of its initial public offering, raising $15 million. 

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]]> CPPIB promotes Singh to head of capital markets, factor investing https://www.pehub.com/cppib-promotes-singh-to-head-of-capital-markets-factor-investing/ Thu, 14 Apr 2022 17:49:47 +0000 https://www.pehub.com/?p=20000003651863 Canada Pension Plan Investment Board has promoted Priti Singh to senior managing director and global head of capital markets and factor investing.

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]]> Peerage buys stake in Pacific Sotheby SoCal brokerage https://www.pehub.com/peerage-buys-stake-in-pacific-sotheby-socal-brokerage/ Mon, 11 Apr 2022 21:53:41 +0000 https://www.pehub.com/?p=20000003651661 Peerage Realty Partners has acquired an interest in Pacific Sotheby´s International Realty of Southern California, a real estate brokerage.

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]]> Ardent Leisure and RedBird to sell Main Event for $835m https://www.pehub.com/ardent-leisure-and-redbird-to-sell-main-event-for-835m/ Wed, 06 Apr 2022 12:40:39 +0000 https://www.pehub.com/?p=20000003651287 Ardent Leisure Group and RedBird Capital Partners have agreed to sell Main Event Entertainment, a Dallas-based family entertainment brand.

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]]> Blackstone acquires two Montreal properties for C$230m https://www.pehub.com/blackstone-acquires-two-montreal-properties-for-c230m/ Mon, 04 Apr 2022 21:50:37 +0000 https://www.pehub.com/?p=20000003651172 Blackstone Real Estate has acquired 1100 Atwater in Westmount and the Air Canada Tower in downtown Montreal for more than C$230 million.

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]]> Stonepeak-backed Xplornet buys Full Throttle’s internet unit https://www.pehub.com/stonepeak-backed-xplornet-buys-full-throttles-internet-unit/ Mon, 04 Apr 2022 21:32:09 +0000 https://www.pehub.com/?p=20000003651168 Xplornet Communications, a portfolio company of Stonepeak Infrastructure Partners, has acquired the high-speed internet business of Winnipeg-based Full Throttle Networks.

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]]> Junior capital firm Penfund promotes four investment pros https://www.pehub.com/junior-capital-firm-penfund-promotes-four-investment-pros/ Fri, 01 Apr 2022 17:43:48 +0000 https://www.pehub.com/?p=20000003651075 Penfund, a Canadian provider of junior capital to North American mid-market companies, has promoted four investment professionals, effective as of April 1st.

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]]> Penfund invests more in Genstar Capital-backed Arrowhead https://www.pehub.com/penfund-invests-more-in-genstar-capital-backed-arrowhead/ Tue, 29 Mar 2022 22:29:13 +0000 https://www.pehub.com/?p=20000003650719 Penfund has closed an additional second lien debt investment in Arrowhead Engineered Products, a Blaine, Minnesota-based supplier of aftermarket replacement parts.

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]]> AIMCo to up stake in Western Energy Services in debt conversion https://www.pehub.com/aimco-to-up-stake-in-western-energy-services-in-debt-conversion/ Tue, 22 Mar 2022 22:34:26 +0000 https://www.pehub.com/?p=20000003650127 Alberta Investment Management Corp has agreed to convert C$100 million of debt into equity in a debt restructuring deal with Western Energy Services Corp, a Calgary-based oilfield service company.

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]]> PE-backed Berlin Packaging buys United Bottles & Packaging https://www.pehub.com/pe-backed-berlin-packaging-buys-united-bottles-packaging/ Tue, 08 Mar 2022 22:32:43 +0000 https://www.pehub.com/?p=20000003649521 Berlin Packaging has acquired United Bottles & Packaging, a Laval, Quebec-based distributor of glass bottles and closures for the food and beverage end markets.

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]]> Canada’s PE market sees record dealmaking in 2021: CVCA https://www.pehub.com/canadas-pe-market-sees-record-dealmaking-in-2021-cvca/ Wed, 02 Mar 2022 14:20:58 +0000 https://www.pehub.com/?p=20000003649264 Canada’s private equity market returned to pre-pandemic levels of activity in 2021, with a total of C$18 billion invested across 799 deals.

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]]> VIDEO: HarbourView founder Sherrese Clarke Soares: ‘An accidental entrepreneur’ https://www.pehub.com/video-harbourview-founder-sherrese-clarke-soares-an-accidental-entrepreneur/ Tue, 01 Mar 2022 13:11:23 +0000 https://www.pehub.com/?p=20000003649142 Clarke Soares discusses the process of starting her firm (during a pandemic, no less), what it's like for a Black woman to be in the rarefied world of private equity and how important it is for women to take the entrepreneurial path.

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]]> Women in private equity: The class of 2022 https://www.pehub.com/women-in-private-equity-the-class-of-2022/ Tue, 01 Mar 2022 13:09:42 +0000 https://www.pehub.com/?p=20000003649139 Sherrese Clarke Soares, founder of HarbourView Equity Partners, sets the tempo for women aspiring to the C-suite. We salute 10 accomplished professionals and their achievements in a hyper-competitive field of play.

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]]> CalPERS hires Nicole Musicco as chief investment officer https://www.pehub.com/calpers-hires-nicole-musicco-as-chief-investment-officer/ Tue, 22 Feb 2022 22:47:07 +0000 https://www.pehub.com/?p=20000003648639 California Public Employees’ Pension Retirement System has named Nicole Musicco as its new chief investment officer.

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]]> PE-backed Innocap to acquire BNY Mellon’s HedgeMark https://www.pehub.com/pe-backed-innocap-to-acquire-bny-mellons-hedgemark/ Thu, 17 Feb 2022 15:51:08 +0000 https://www.pehub.com/?p=20000003648396 Montreal-based Innocap Investment Management has agreed to acquire BNY Mellon’s HedgeMark business to create a single technology-enabled alternative investment platform.

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]]> Canada’s PE market sees record C$39.7bn deployed last year https://www.pehub.com/canadas-pe-market-sees-record-c39-7bn-invested-last-year/ Wed, 16 Feb 2022 23:22:12 +0000 https://www.pehub.com/?p=20000003648344 Canada’s private equity market saw an all-time high in deployments in 2021, with C$39.7 billion flowing into 658 deals.

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]]> Onex, KKR invest in ecological restoration company RES https://www.pehub.com/onex-kkr-invest-in-ecological-restoration-company-res/ Mon, 07 Feb 2022 22:50:11 +0000 https://www.pehub.com/?p=20000003647768 Resource Environmental Solutions, a Houston-based ecological restoration company, has secured an investment from Onex Corp.

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]]> Cyber-risk management moves up a gear in private equity https://www.pehub.com/cyber-risk-management-moves-up-a-gear-in-private-equity/ Wed, 02 Feb 2022 12:00:53 +0000 https://www.pehub.com/?p=20000003646694 As cyber-risks facing private equity firms in the healthcare sector continue to escalate, managers need to take a more holistic approach, says Jon Moore, chief risk officer and head of consulting services at Clearwater.

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]]> Sesami buys PE-backed Tidel, Gunnebo business for C$900m https://www.pehub.com/sesami-buys-pe-backed-tidel-gunnebo-business-for-c900m/ Tue, 01 Feb 2022 22:12:46 +0000 https://www.pehub.com/?p=20000003647070 Sesami Cash Management Technologies Corp has acquired Tidel, a Dallas-based cash automation solutions provider, and the cash management business of Sweden's Gunnebo Group.

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]]> BlackBerry to sell legacy assets to Catapult for $600 million https://www.pehub.com/blackberry-to-sell-legacy-assets-to-catapult-for-600-million/ Mon, 31 Jan 2022 22:06:38 +0000 https://www.pehub.com/?p=20000003646998 BlackBerry has agreed to sell its patent assets related to mobile devices, messaging and wireless networking to Catapult IP Innovations for $600 million.

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]]> Brookfield Renewable acquires Urban Grid for $650m https://www.pehub.com/brookfield-renewable-acquires-urban-grid-for-650m/ Wed, 26 Jan 2022 22:24:15 +0000 https://www.pehub.com/?p=20000003646769 Brookfield Renewable has acquired Urban Grid, a Stevensville, Maryland-based utility-scale renewable energy project developer.

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]]> Custom Truck One Source acquires HiRail Leasing Group https://www.pehub.com/custom-truck-one-source-acquires-hirail-leasing-group/ Mon, 17 Jan 2022 18:07:14 +0000 https://www.pehub.com/?p=20000003646066 Custom Truck One Source has acquired HiRail Leasing, Northshore Rail Contracting and Heavy Equipment Repairs, together a Canadian rail equipment rental company.

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]]> Goldman Sachs leads Novacap continuation fund for Master https://www.pehub.com/goldman-sachs-leads-novacap-continuation-fund-for-master/ Thu, 16 Dec 2021 22:17:48 +0000 https://www.pehub.com/?p=20000003643825 Novacap Industries V, managed by Novacap, and a continuation fund have acquired a majority interest in The Master Group, a Boucherville, Quebec-based HVAC/R products distributor.

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]]> Vosker secures C$100m in debt funding for growth plans https://www.pehub.com/vosker-secures-c100m-in-debt-funding-for-growth-plans/ Thu, 16 Dec 2021 21:04:24 +0000 https://www.pehub.com/?p=20000003643815 Vosker, a Victoriaville, Quebec-based remote area monitoring technology company, has raised C$100 million in debt financing to support its growth.

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]]> IVEST-sponsored Swiftmerge seeks $200m from Nasdaq IPO https://www.pehub.com/ivest-sponsored-swiftmerge-seeks-200m-from-nasdaq-ipo/ Wed, 15 Dec 2021 23:18:21 +0000 https://www.pehub.com/?p=20000003641985 Swiftmerge Acquisition Corp, a newly formed blank check company, has priced its initial public offering of units on Nasdaq to raise $200 million.

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]]> Davie Shipbuilding to launch shipbuilding investment am https://www.pehub.com/davie-shipbuilding-to-launch-shipbuilding-investment-am/ Tue, 14 Dec 2021 22:15:49 +0000 https://www.pehub.com/?p=20000003640674 Davie Shipbuilding, a Levis, Quebec-based shipbuilder, will launch an investment division called Davie Capital in Q1 2022.

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]]> Silver Lake acquires interest in Australia’s A-Leagues: Reuters https://www.pehub.com/silver-lake-buys-interest-in-australias-a-leagues-reuters/ Mon, 13 Dec 2021 22:30:56 +0000 https://www.pehub.com/?p=20000003639564 Silver Lake has acquired a minority stake in the Australian Professional League, which operates the top-flight men's and women's soccer leagues in the country.

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]]> Toshiba walks away from potential PE buyout talks: Reuters https://www.pehub.com/toshiba-walks-away-from-potential-pe-buyout-talks-reuters/ Mon, 06 Dec 2021 23:38:50 +0000 https://www.pehub.com/?p=20000003637570 Japan’s Toshiba Corp walked away from potential private equity buyout offers at a substantial premium, Reuters reported.

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]]> CBGF makes C$10m minority growth investment in Kudos https://www.pehub.com/cbgf-makes-c10m-minority-growth-investment-in-kudos/ Mon, 06 Dec 2021 23:05:27 +0000 https://www.pehub.com/?p=20000003637566 Kudos, a Calgary-based employee recognition, people analytics and organizational communications platform, has secured a growth equity investment of C$10 million.

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]]> ATS closes buy of Harbour-backed SP Industries for $445m https://www.pehub.com/ats-closes-buy-of-harbour-backed-sp-industries-for-445m/ Mon, 06 Dec 2021 13:56:58 +0000 https://www.pehub.com/?p=20000003637525 ATS Automation Tooling Systems has closed its acquisition of SP Industries, a Warminster, Pennsylvania-based maker of biopharma processing equipment, life sciences equipment and lab apparatus products.

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]]> CPPIB and AIMCo-backed BAI Communications buys Vilicom https://www.pehub.com/cppib-and-aimco-backed-bai-communications-buys-vilicom/ Mon, 06 Dec 2021 13:33:46 +0000 https://www.pehub.com/?p=20000003637519 BAI Communications has acquired Vilicom, a Dublin, Ireland-based designer, installer and manager of wireless networks.

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]]> Newbury Partners wraps up fifth secondaries fund at $2bn https://www.pehub.com/newbury-partners-wraps-up-fifth-secondaries-fund-at-2bn/ Fri, 03 Dec 2021 14:11:33 +0000 https://www.pehub.com/?p=20000003637484 Newbury Partners has completed fundraising for a fifth secondaries vehicle, bringing in committed capital totaling $2 billion.

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]]> Trive Capital-backed SSW acquires Schott-Gemtron https://www.pehub.com/trive-capital-backed-ssw-acquires-schott-gemtron/ Fri, 03 Dec 2021 13:50:48 +0000 https://www.pehub.com/?p=20000003637482 SSW Advanced Technologies has acquired Schott-Gemtron Corp, a Sweetwater, Tennessee-based maker of specialty glass and glass systems. 

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]]> Ridgemont-backed Munch’s Supply acquires TML Supply https://www.pehub.com/ridgemont-backed-munchs-supply-acquires-tml-supply/ Fri, 03 Dec 2021 13:24:45 +0000 https://www.pehub.com/?p=20000003637477 Munch’s Supply has acquired TML Supply, a Peterborough, Ontario-based distributor of heating, ventilating, air-conditioning and refrigeration products.

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]]> TransUnion acquires Wicks Group-backed Sontiq for $638m https://www.pehub.com/transunion-acquires-wicks-group-backed-sontiq-for-638m/ Thu, 02 Dec 2021 23:07:41 +0000 https://www.pehub.com/?p=20000003637464 TransUnion has completed its acquisition of Sontiq, a Nottingham, Maryland-based technology-enabled security and identity protection company.

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]]> Clairvest invests $71m to acquire majority of Delaware Park https://www.pehub.com/clairvest-invests-71m-to-acquire-majority-of-delaware-park/ Thu, 02 Dec 2021 15:57:22 +0000 https://www.pehub.com/?p=20000003637435 Delaware Park is Clairvest’s 14th investment in the gaming industry.

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]]> ONCAP-backed Englobe acquires MPE Engineering https://www.pehub.com/oncap-backed-englobe-acquires-mpe-engineering/ Thu, 02 Dec 2021 15:39:46 +0000 https://www.pehub.com/?p=20000003637432 Englobe Corp has acquired MPE Engineering, a Lethbridge, Alberta-based consulting engineering business.

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]]> Blackstone acquires Sustana Group from HIG Capital https://www.pehub.com/blackstone-acquires-sustana-group-from-hig-capital/ Thu, 02 Dec 2021 14:38:45 +0000 https://www.pehub.com/?p=20000003637424 Blackstone Tactical Opportunities has acquired Sustana Group, a De Pere, Wisconsin-based manufacturer of sustainable recycled fiber, paper and packaging products.

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