Headland Capital Partners acquires AL13 Architectural Systems
Headland Capital Partners has acquired a majority stake in Anenda Systems Inc, a Vancouver-based building products company that does business as AL13 Architectural Systems. No financial terms were disclosed. Founded in 2011, AL13 specializes in developing and distributing aluminum cladding systems to the North American real estate development and construction industry. AL13, which reports an annual growth rate of 40 percent since inception, said the partnership with Headland will support its expansion in key markets. Headland, a Canadian venture equity firm, invests in lower mid-market companies.
4 June 2019•2 mins read
