Cairn Merchant Partners buys equity stake in All in West! Capital
Canadian merchant bank Cairn Merchant Partners has taken an equity interest in All in West! Capital Corp (TSX Venture: ALW), an acquirer and developer of hotels and independent living senior's residences in Western Canada. The deal, the value of which was not disclosed, involved securities previously owned by Tribal Council Investment Group of Manitoba Ltd. The acquisition was made on behalf of Cairn by affiliate Roper Capital Corp and upon closing will give Cairn approximately 11.6 percent of the outstanding common shares of the Winnipeg-based company.
26 January 2015•2 mins read
