Shaw Communications to acquire PE-backed Wind Mobile
Shaw Communications Inc has agreed to buy Toronto-based wireless firm Wind Mobile Corp for $1.6 billion. The sellers include Canadian hedge fund investor West Face Capital, Globalive Capital, the investment arm of Wind founder Anthony Lacavera, U.S. private equity firm Tennenbaum Capital Partners, and the family office of Lawrence Guffey. The deal is expected to close in the first half of next year. Wind is a subsidiary of Mid-Bowline Group Corp. It was acquired by a consortium of investors for $300 million in 2014.
17 December 2015•2 mins read
