The Fonds de solidarité des travailleurs du Québec (FTQ) has made a new investment in Premier Tech Ltd., a company focused on developing, manufacturing and marketing solutions for the processing and packaging of materials. The investment, totaling $8 million, will allow Premier Tech to accelerate its strategic initiatives, including acquisitions. This is the Fonds de solidarité's fourth investment in the Rivière-du-Loup, Québec-based company, which was founded in 1923.
2 min read · 22 April 2013
Private equity fund Capital régional et coopératif Desjardins, managed by Desjardins Capital de risque, and Investissement Québec have jointly invested $10.25 million to acquire Alyotech Canada, the subsidiary of French company Alyotech SAS. Montréal-based Alyotech Canada, a provider of information technology consulting and solutions, and formerly known as Groupe Conseil OSI, was purchased by Alyotech in 2006. The managing team of the rebranded OSI partnered in the buyout transaction.
4 min read · 22 April 2013
According to The Scotsman, Harolde Savoy, president of Canadian office products company Dominion Blueline Inc., is co-owner of HSGP Investments, which recently acquired Dalkeith, U.K.-based Letts Filofax Group Ltd., a provider of branded diaries and organizers. Savoy partnered in the undisclosed deal with Letts CEO Gordon Presly. The seller was British private equity firm Phoenix Equity Partners, which backed a management buyout of the company in 2006.
1 min read · 22 April 2013
Senior secured lenders including Oaktree Capital Management and Apollo Global Investors have rejected an initial restructuring plan from Energy Future Holdings (formerly TXU) that would have formed the foundation for a pre-packaged bankruptcy for the world’s biggest ever buyout, sister service Thomson Reuters Loan Pricing Corp. reported.
3 min read · 22 April 2013
1 min read · 22 April 2013
Desire2Learn founder and CEOJohn Baker explains why he decided to raise growth capital after 13 years of going it alone -- and how New Enterprise Associates and OMERS Ventures have helped the Ontario-based company supercharge its growth.
4 min read · 22 April 2013
1 min read · 22 April 2013
2 min read · 22 April 2013
2 min read · 22 April 2013
1 min read · 22 April 2013
