Wesley Clover Takes Interest in Magor

Canadian private equity firm Wesley Clover International Corp. (WCIC) recently acquired an interest in Ottawa-based Magor Corp., which specializes in visual collaboration solutions. With the closing of Major's qualifying transaction and additional share purchases, WCIC will own approximately 30.2% of the company's issued and outstanding common shares. WCIC's Terry Matthews told BNN that Magor's current market of C$15 billion is likely to double in the next few years.

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