Signal Hill-backed C&V sells custom manufacturing unit
C&V Portable Accommodations Ltd has sold the assets of its custom manufacturing division to an affiliate of Horizon North Logistics Inc (TSX: HNL), a Calgary-based provider of industrial services and modular construction solutions. Terms weren't disclosed. C&V, a Calgary-based supplier of portable accommodations to the energy and infrastructure sectors, was acquired in 2012 by Signal Hill Equity Partners, a Canadian mid-market private equity firm. Signal Hill Managing Partner James Johnson, who is also C&V's chairman, said the unit sale will strengthen the company's balance sheet and support its growth in Western Canada.
9 November 2018•2 mins read
