Abacus Private Equity acquires Waiward Steel Fabricators
Abacus Private Equity, an affiliate of Canadian investment and advisory firm Hillcore Group, has acquired Waiward Steel Fabricators Ltd for an undisclosed amount. Founded in 1972 and headquartered in Edmonton, Waiward is an industrial steel fabricator and provider of construction services. Abacus said it sourced and negotiated the deal on behalf of Hillcore, which will manage Waiward in partnership with its senior management team. Abacus, which was bought by Hillcore in 2012, reported in January that it completed acquisition deals with a total value of $670 million last year.
30 April 2015•2 mins read
