BDC Capital invests $57 mln in Canadian growth equity deals
The growth equity group of BDC Capital announced it has completed $57 million in minority equity investments in Canadian mid-market businesses. Companies financed include Altitude Sports, a Montréal web retailer specializing in urban and outdoor high-end clothing, and BID Group, a Prince George, British Columbia integrated supplier to the wood processing industry that was acquired last year by Highland West Capital. Delco Automation, Intelcom Express, InvestorCOM, Prodomax Automation and Rx Drug Mart were also financed. In June 2017, BDC allocated $250 million for growth equity investing over five years to help companies scale in size.
29 January 2018•3 mins read
