Kensington Private Equity Fund leads recap of AGNORA

Kensington Private Equity Fund has led a recapitalization of AGNORA Ltd. in conjunction with management and co-investors. Financial terms were not disclosed.

Collingwood, Ontario based AGNORA is a leading fabricator of oversized architectural glass in North America.

Founded in 2011 by Richard and Laura Wilson, AGNORA is an industry-disruptor with its team-based customer service culture coupled with innovations in the production process.

The Kensington Private Equity Fund, managed by Kensington Capital Partners Limited, is an investment trust established to provide retail investors with exposure to a diversified portfolio of private equity investments, including private equity funds and direct investments in private companies.

As at December 31, 2018, Kensington Private Equity Fund reported net assets of $321.9 million, including $90.7 million in cash, short term and other liquid investments, and $229.0 million in private equity investments.

photo credit: AGNORA

News Release

Kensington Capital Leads Investment in AGNORA

COLLINGWOOD, ON and TORONTO, May 2, 2019 /CNW/ – Kensington Capital Partners Limited (“Kensington”) is pleased to announce that the Kensington Private Equity Fund has led a recapitalization of AGNORA Ltd. (“AGNORA” or “the Company”) in conjunction with management and co-investors. AGNORA, located in Collingwood, Ontario, is a leading fabricator of oversized architectural glass in North America. The Company has an outstanding reputation in the glass industry, known for its unparalleled customer service and commitment to exceeding customer expectations on quality and turn-around time.

“We are very excited to have found such like-minded partners to help us take AGNORA to the next level,” said Richard Wilson, President of AGNORA.

“We are thrilled to have partnered with a stellar management team at AGNORA. Richard and his colleagues have developed a fantastic organizational culture and cultivated impressive relationships across the industry. We are excited about future growth of the company,” said Kirk Hamilton, Senior Vice President at Kensington. “We are looking forward to working with the AGNORA team.”

The Kensington Private Equity Fund offers individual investors a diversified portfolio of world-class private equity investments, including hard-to-access private equity funds and direct investments in private companies. The Kensington Private Equity Fund invests across a breadth of industries primarily in the U.S. and Canada. To learn more, visit us at http://www.kcpl.ca.

About Kenona Industries LLC
AGNORA Ltd, headquartered in Collingwood, Ontario, the 225,000-square foot production facility fabricates oversized architectural glass for high-end retail, commercial, institutional and residential applications. Founded in 2011 by Richard and Laura Wilson, AGNORA has become an industry-disruptor with its team-based customer service culture coupled with innovations in the production process. This has allowed AGNORA to push the boundaries of what is possible with architectural glass. Learn more about AGNORA at https://www.agnora.com/.

About Kensington
Kensington is a leading independent Canadian investor in alternative assets. Founded in 1996, and with over $1.3 billion invested in private equity, venture capital, and alternative assets. Kensington’s active management approach and relationship-based business has generated top quartile returns for investors. For more information about Kensington, please visit http://www.kcpl.ca.

SOURCE Kensington Capital Partners Limited

For further information: Kensington Capital Partners Limited, Rui Hu, Marketing Co-ordinator, Phone: 416.362.2826, Email: rhu@kcpl.ca, Tweet us @KensingtonFunds

Ted Liu

Ted Liu, M.Sc. (Mining, Queen's), MBA (Finance, Toronto), is the Editor of Private Capital Journal, CanadaMetals.ca, TechWire.ca, and the former Editor of Canadian Private Equity. Ted has been passionately tracking Canadian private capital industry since 1992, having most recently served as Research Director for The Canadian Venture Capital and Private Equity Association (CVCA).

Ted is the architect of CVCA infobase, and is the architect of CPE Media's Financings.ca, Canada's most sophisticated and advanced all private capital and public market financing database.