Dorel Industries postponed special meeting to approve $486M privatization arrangement by Cerberus Capital Management and the Schwartz family. Letko, Brosseau & Associates reaffirmed its intention to vote against the arrangement.
GIC Private Limited and British Columbia Investment Management Corporation invest $310M to back WSP Global’s US $1.14B acquisition of Golder Associates. Caisse de dépôt et placement du Québec and CPP Investments are not investing this time.
TorQuest Partners and Caisse de dépôt et placement du Québec (CDPQ), in partnership with Jean desAutel, acquired Barrette Outdoor Living, Inc. from Yves Barrette/Les Entreprises Barrette Ltée who will retain a significant minority interest
Gryphon Investors backed Jensen Hughes acquired fire protection engineering firm, CFT Engineering, from Brad Walton, Michael Linton, Robert Heikkila, Emilia Mazzonna and Samir Adnani
Bain Capital Integral Investors II to sell 1M subordinated voting shares of BRP Inc. (TSX: DOO; NASDAQ: DOOO) for $75.45M, further reducing its holding to 16,796,615 Multiple Voting Shares (32.3% voting power)