Canada

Slate provides C$75m credit facility to hotel operator InnVest

Slate Asset Management, a real estate-focused alternative investment firm, has provided a C$75 million non-revolving credit facility to InnVest Hotels, a Toronto-based owner and operator of hotels.

PE-backed Berlin Packaging buys Consolidated Bottle

Berlin Packaging, a portfolio company of Oak Hill Capital Partners and Canada Pension Plan Investment Board, has acquired Consolidated Bottle Corp, a Toronto- and Montreal-based packaging supplier.

Dorel agrees to be taken private by Cerberus-led group: Reuters

Montreal-based Dorel Industries has agreed in principle to be taken private by a consortium led by Cerberus Capital Management and family shareholders, reported Reuters.

Waterous launches bid to acquire Osum shares for C$126m

Canadian energy private equity firm Waterous Energy Fund has launched a bid to acquire up to 52.5 million shares, or about 40 percent, of Osum Oil Sands Corp, a Calgary-based oil sands producer.

Brookfield wraps up C$750m investment in TransAlta

Calgary-based power generation company TransAlta Corp has closed the C$400 million second tranche of a strategic investment by Brookfield Asset Management.

Clairvest Group backs managed IT services provider F12.net

Canadian mid-market private equity firm Clairvest Group has invested in F12.net, an Edmonton, Alberta-based provider of managed information technology services.

Signal Hill to back ULS and Munro/John Sweeping merger

Signal Hill Equity Partners, a Canadian mid-market private equity firm, has agreed to invest in the merger of Calgary-based Urban Life Solutions and Ottawa-based P. Munro Group and John Sweeping.