AIP-Backed Trailer Manufacturer Manac Files for IPO
Saint-Georges, Québec-based Manac Inc., a manufacturer of vans, flatbeds and specialty trailers in North America, has filed a prospectus for an initial public offering of its subordinate voting shares on the Toronto Stock Exchange. Manac is currently a portfolio investment of New York-based mid-market private equity firm American Industrial Partners (AIP), which acquired a 50% interest in the company in 2012. Manac previously received investments from the Fonds de solidarité des travailleurs du Québec FTQ.
24 August 2013•2 mins read
