Mosaic Capital acquires majority interest in SECON
Canadian private equity firm Mosaic Capital Corp has closed its acquisition of a 75 percent interest in WBD Holdings Ltd, which operates as South East Construction (SECON). The transaction is valued at $15.2 million. Based in Esterhazy, Saskatchewan, SECON is a multi-trade industrial and commercial construction company that primarily serves the potash mining and milling industry. It was founded in 1999. Existing management of the company will remain in place with Mosaic's acquisition.


