Klass Capital wins bet as Freshii raises $125 mln in TSX debut
Canadian tech private equity firm Klass Capital has won a bet it made on a decade-long investment in Freshii, a health-food restaurant chain that went public this week. Freshii closed its initial public offering on the TSX at the upper end of the price range. It raised more than $125 million, a sum that could increase to $144 million if a greenshoe option is exercised. The IPO is 2017’s first involving a Canadian company backed by a major private investor. And it may herald more to come.
2 February 2017•3 mins read
