Paradigm Quest Acquired by US PE Firms - Report

U.S. private equity firms Culpeper Capital Partners and Fortress Investment Group recently took a majority stake in Paradigm Quest Inc., reports Canadian Mortgage Trends. In late February, Culpeper and Fortress acquired this position in Paradigm, a Toronto-based company that provides cost-effective mortgage operating solutions, for an undisclosed price from previous backer Five Fathom Partners. Fortress also took a controlling position in Merix Financial Inc., also of Toronto.

4 April 2013•1 min read
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