Delavaco Residential Properties may sell controlling stake to third party
Delavaco Residential Properties Corp (TSX-V: DVO.U), an affiliate of private equity and merchant banking firm The Delavaco Group, is in discussions concerning a possible sale of a controlling interest in the business to an unidentified third party. It has retained Clarus Securities Inc as a financial advisor on a potential deal. Based in Toronto and Fort Lauderdale, Florida, Delavaco Residential Properties specializes in the acquisition and development of distressed single-family homes in the United States.
15 April 2015•3 mins read
