Avrio Capital, Clairvest win CVCA's 2015 deal of the year awards
Avrio Capital and Clairvest Group are the 2015 recipients of the Canadian Venture Capital & Private Equity Association's (CVCA) “Deal of the Year” awards. Calgary-based Avrio won in the venture capital category for last year's sale of Wolf Trax Inc, an agricultural technology provider, to Compass Minerals. The deal gave Avrio 15.4 times its invested capital and an internal rate of return (cash and total) of 138 percent. Toronto-based Clairvest won in the private equity category for last year's sale of KUBRA Data Transfer Ltd, a provider of outsourced billing solutions, to Hearst Corp. The deal gave Clairvest 13.4 times its invested capital and an internal rate of return (cash and total) of 40 percent.
20 May 2015•4 mins read
