Private consortium to acquire IWG Technologies for $16.5 mln
IWG Technologies Inc (TSX-V: IWG), the holding company for Canada's International Water-Guard Industries Inc, has agreed to be acquired for about $16.5 million. The buyer is a private Canadian affiliate of WM Capital Management and BASE Equity Partners, a U.S. private equity firm. IWG shareholders are expected to vote on the proposed deal in January 2017. Burnaby, British Columbia-based International Water-Guard is a provider of aircraft potable water treatment, water systems, water heaters and components.
2 December 2016•5 mins read
