BG Capital Group buys 50% stake in Solutions With Impact
BG Capital Group has acquired a 50% interest in Solutions With Impact Inc, an event management, promotional marketing and public relations agency based in Toronto. The financial terms of the deal were not published. BG Capital Group said the deal reflects its increased emphasis on philanthropic efforts in tandem with its foray into the luxury hospitality market. Founded by Bobby Genovese, the private equity firm is based in Barbados with offices in the Bahamas, the United States, Toronto and Vancouver. Since its establishment in 1999, Solutions With Impact has helped raise more than $35 million for non-profit foundations.
14 May 2014•3 mins read
