TorQuest Partners leads majority investment in Envirosystems
Canadian private equity firm TorQuest Partners has partnered with management and co-investors to acquire a majority stake in Envirosystems Inc. The deal's financial terms were not disclosed. Based in Dartmouth, Nova Scotia, Envirosystems is a provider of industrial and environmental services with locations across North America. The seller in the deal was Thornridge Holdings Ltd, a private investment firm located in Bedford, Nova Scotia. Envirosystems said the partnership with TorQuest will bring capital and expertise to its continued organic and acquisition-based growth. The TorQuest investment is the fourth to date for TorQuest Partners Fund III, which closed at $535 million in 2013.
26 February 2015•3 mins read
