Tricor Capital's Avison Young buys Calgary property manager Peregrin
Avison Young Inc has bought Peregrin Inc, a real estate management company based in Calgary. The financial terms of the deal were not released. Avison said the acquisiton expands its business-line coverage in Western Canada and adds about 1 million square feet of property under management to its global portfolio. Based in Toronto, Avison is a commercial real estate services specialist and a portfolio investment of Canadian private equity firm Tricor Pacifc Capital. Last year, Tricor made a second growth investment in the company, adding to the original $40 million that it invested in 2011.
12 February 2015•6 mins read
