Fulcrum Capital cashes out of Skyservice with InstarAGF deal
Canadian private equity firm Fulcrum Capital Partners has sold its ownership interest in Skyservice Investments Inc, a Canadian provider of business aviation services. The exit resulted from Skyservice's acquisition by InstarAGF Asset Management, announced today. Founded in 1986, Skyservice in late 2012 secured a $22 million investment from Fulcrum, which facilitated a management buyout. Since then, the company experienced "substantial" growth through expansion of services and operations in existing and new locations, Fulcrum said. Vancouver-based Fulcrum is currently investing from Fulcrum Capital Partners V, which raised $344 million in 2015.
18 September 2017•3 mins read
