Carmanah sells Go Power! to Scott Capital-backed Valterra
Carmanah Technologies Corp (TSX: CMH) has completed the sale of Go Power!, a mobile power solutions provider, to Valterra Products LLC, a U.S. fluid control products supplier to the recreational vehicle, pool and spa, and industrial end markets. Carmanah, a Victoria, British Columbia-based manufacturer of signaling and solar lighting products, said the sale generated US$19.5 million, subject to adjustments and hold-backs. Mission Hills, California-based Valterra is a portfolio company of G. Scott Capital Partners, a U.S. family office. Scott Capital led a recapitalization of Valterra in 2013.
9 August 2017•3 mins read
