Serruya Private Equity to invest up to $50 mln in CCAQ deal

Serruya Private Equity (SPE) has committed to invest up to $50 million in an initial deal by Committed Capital Acquisition Corporation II (CCAQ), a New York-based blank check company. As result, Aaron Serruya will join the company's board of directors. CCAQ was formed in May 2011 to acquire one or more operating businesses or assets. SPE is a Markham, Ont.-based firm that oversees the consumer brand investments of the Serruya family. SPE's recent acquisitions include Sani-Service and Tivoli Audio.

11 May 2016•3 mins read
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