Equicapita acquires Levy’s Machine Works

An affilate of Equicapita Income Trust has bought Levy’s Machine Works Ltd, a Calgary-based custom design and speciality manufacturer of precision machined components. The financial details of the transaction were not published. The Levy's acquisition is the first for Equicapita, a private equity firm that is focused on purchasing private, Western Canadian businesses with enterprise values of $5 million to $20 million. Founded as an open ended trust in 2013, the firm has its headquarters in Calgary.

16 May 2014•3 mins read
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