Desjardins to exit business intelligence provider Wanted Technologies

Canadian private equity firm Desjardins Capital de risque has agreed to sell its investment in Wanted Technologies Corp. Desjardins and its fund affiliates will sell their 37.44 percent equity stake in the company to GMP Securities LP and Desjardins Securities Inc, which will subsequently resell shares on a private placement basis. Closing of the secondary transaction is expected to occur on or about December 11, 2013. Based in Québec City, Wanted Technologies provides market intelligence services based on hiring demand, and has been venture-backed since 2000. Its other investors have included Innovatech Sud du Québec and Innovatech Québec et Chaudière-Appalaches.

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