Newlook Capital acquires gas detection business MultiGas
Canadian private equity firm Newlook Capital has acquired all of the assets and operations of MultiGas Detection and Instrumentation Services Ltd, a Leduc, Alberta-based provider of gas detection equipment, gas detection calibration and technical design services. No financial terms were released. Newlook made the investment via its Newlook Capital Industrial Services LP, which earlier this month secured a commitment from Portland Investment Counsel Inc. Toronto’s Newlook said the MultiGas deal is strategic and will help it expand its industrial services portfolio.
28 November 2016•2 mins read
