OMERS Private Equity related stories
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PE-backed DHX Media acquires Teletubbies owner Ragdoll for $28.4 mlnHalifax, Nova Scotia-based DHX Media Ltd. (TSX: DHX) has bought Ragdoll Worldwide Ltd., the owner of Teletubbies and other programs, for $28.4 million. The seller in the transaction was BBC Worldwide and a group that includes Ragdoll's founder, Anne Wood. DHX Media, which is focused on television production and distribution, interactive content and entertainment licensing, became a portfolio investment of Canadian buyout firms Birch Hill Equity Partners and OMERS Private Equity when the company bought Cookie Jar Group for $111 million in 2012. Cookie Jar was backed by the two PE firms since 2004.
- PE-Backed Logibec Buys Clinical Software Company ReaEvolution
Montréal-based healthcare IT company Logibec Groupe Informatique Ltd. has bought for an undisclosed amount ReaEvolution Inc., a specialist in medical charting and clinical decision support solutions for pre-hospital and emergency care. The deal follows the company's acquisition of Artefact from IBM in 2012. Logibec was taken private in 2010 by OMERS Private Equity for $237 million. Société générale de financement du Québec, an investment arm of the Québec government, was a minority investor in the 2010 transaction.
- Logibec Groupe Buys ReaEvolution
Logibec Groupe Informatique Ltée, a platform company of OMERS Private Equity, has acquired ReaEvolution. Financial terms weren't announced. ReaEvolution, of Quebec, specializes in the development of medical charting and clinical decision support solutions for prehospital and emergency care.
- Buoyed by strong returns, OPTrust is on the lookout for new opportunities
It’s possible you haven't heard a lot about the Private Markets Group at OPTrust, the Toronto-based investor and manager of $15 billion in assets on behalf of OPSEU Pension Plan. That’s because up until it now has kept a low profile. Things appear to be changing, however. After posting some impressive performance numbers last year, the group seems ready to emerge from its shell and take on new challenges – including doing more direct deals.
- OMERS Private Equity Sells Nordco to Greenbriar Equity
OMERS Private Equity, the private equity arm of Toronto-based Ontario Municipal Employees Retirement System (OMERS), has sold Nordco Inc. to U.S. private equity firm Greenbriar Equity Group. Financial details of the transaction were not published. Nordco, an Oak Creek, Wisconsin-based supplier of highly-engineered equipment, parts and services to the rail transportation industry, was bought by OMERS from The Riverside Co. in 2009.
- OMERS Private Equity Sells Nordoc
OMERS Private Equity, the private equity arm of OMERS, has sold Nordco to Greenbriar Equity Group. Financial terms weren't announced. Nordco provides highly-engineered equipment, parts and services that ensure the safety, efficiency and function of rail transportation in North America. Robert W. Baird & Co. served as financial advisor to OMERS.
- PCP Senses Strong Vital Signs in Canadian Healthcare
Persistence Capital Partners appears to have found its niche. Since its founding in 2008, the Montréal-based private equity firm has focused exclusively on investing in established Canadian healthcare businesses. Five years on, as PCP markets its second fund offering, the strategy seems to be paying off.
- Reuters: 3i Plans New Investments and Extra Shareholder Payout
British private equity group 3i is boosting payouts to shareholders after selling off a string of assets and said on Thursday it had seen a pick-up in new investment opportunities, Reuters said.
OMERS Private Equity and AIMCo Acquire Vue for $1.5BOMERS Private Equity, the private equity investment arm of the OMERS pension plan, in equal partnership with Alberta Investment Management Corporation is to acquire Vue Entertainment from Doughty Hanson and management. Vue is an operator of modern multiplex cinemas in the United Kingdom, Ireland, Germany, Denmark, Portugal, Poland, Latvia, Lithuania and Taiwan. The transaction is expected to close by late July 2013.
- Many Investors Gain Exit Opportunities From Public Mobile's Sale
The sale of Toronto-based wireless carrier Public Mobile Inc. for an undisclosed sum to Thomvest Seed Capital and Cartesian Capital provided exit opportunities to a number of Canadian and U.S. private equity and venture capital firms. Around the time of the company's founding in 2008, its backers included Charles River Ventures, Columbia Capital, Ignition Partners, M/C Venture Partners, Rho Canada Ventures, Rho Ventures, and alternative assets manager Kensington Capital Partners. OMERS Private Equity, the private equity investment arm of the Ontario Municipal Employees Retirement System, also took a stake in the company in 2009.