Clearspring Capital Partners sells interest in Logistik Unicorp

Canadian private equity firm Clearspring Capital Partners has sold its equity interest in Logistik Unicorp Inc, a Saint-Jean-sur-Richelieu, Québec-based provider of comprehensive uniform programs to corporate and governmental organizations. The financial terms and nature of the sale were not disclosed. Founded in 1993 by President and CEO Louis Bibeau, Logistik serves the clothing and equipment supply chain needs of a range of customers, including the Canadian Armed Forces and Australian Defence Forces. Clearspring first invested in 2011. Bibeau said the partnership helped the company solidify and expand its global market presence, grow sales, and more than triple its bottom line.

2 August 2018•2 mins read
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