Hellman & Friedman's CarProof acquires Canadian Red Book
CarProof, a portfolio company of U.S. private equity firm Hellman & Friedman, has bought vehicle valuation guide Canadian Red Book Ltd, according to a report by Canadian Auto World. The value of the acquisition was not disclosed. Founded in 2000, the London, Ontario-based CarProof is a supplier of comprehensive used vehicle history reports. Last August, the company sold a minority stake to Hellman & Friedman for an undisclosed sum.
30 June 2014•2 mins read
