Mosaic Capital appoints Monty Balderston to CFO spot

Canadian private equity firm Mosaic Capital Corp has appointed Monty Balderston as CFO, replacing Allan Fowler, who resigned to pursue other opportunities. Balderston brings to the role some 20 years of experience in senior finance and accounting, including as CFO at Peak Energy Services Ltd and Northern Frontier Corp. Based in Calgary, Mosaic invests in mid-market companies located primarily in Western Canada. Late last year, it secured a $150 million investment from Fairfax Financial Holdings Ltd.

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