Clairvest announces sale of KUBRA
Clairvest Group announced this week that it has completed its sale of KUBRA, a Toronto-based customer communication management company, to Hearst Corp, a New York-based media group. Clairvest first invested in KUBRA in 2006, realizing a return of 13.5x its investment, while KUBRA announced Hearst had acquired an 80 percent share of the company. Financial terms were not disclosed.
4 September 2014•3 mins read
