Walter Capital to back take-private acquisition of Ergoresearch
Laval, Québec-based medical technology company Ergoresearch Ltd (TSX-V: ERG) has agreed to be taken private by management shareholders Sylvain Boucher and Danielle Boucher in partnership with Walter Capital Partners, a Canadian private equity firm. The management shareholders, who currently hold a 24.3 percent interest in the company, will with Walter Capital pay $0.30 per unit in cash. Founded in 1998, Ergoresearch designs and makes technology for intelligent orthotics, medical devices and software in the orthopedic industry. It elected to partner with the newly recapitalized Walter Capital following a strategic review process.
10 January 2018•6 mins read
