Third Century recaps, acquires stake in Decisive, BriteSky
U.S. private equity firm Third Century Investment Associates has recapitalized and acquired a stake in Decisive Technologies Inc, an Ottawa-based provider of enterprise information technology infrastructure services, and the affiliated BriteSky Technologies Inc, a provider of managed cloud services. Terms weren't disclosed for the deal, which included financing from Roynat Capital. Canadian investment banking firm FirePower Capital Corp announced the transaction, on which it advised. President Mike Smith, who founded Decisive in 2001 alongside Joey Harrison and Richard Losier, said the partnership with Third Century will help accelerate the company's growth.
20 June 2018•4 mins read
