PE Hub Staff
Fund VII will maintain Penfund's long-time strategy as a specialty lender, focusing on second lien, mezzanine, private high yield loans and other credit products.
Lynx, a Canadian private equity firm, specializes in acquiring and consolidating companies in the commercial flooring industry.
Following its initial investment in January 2021 and further investment in January 2022, Blackstone Credit has led an additional $200 million commitment.
The investment in Addmore marks Danilee's second platform acquisition by a fund launched earlier this year.
Recochem is a Montreal-based manufacturer, marketer and distributor of automotive aftermarket and household fluids.
Keyera Corp, a Calgary-based midstream business, will continue to own the remaining 50 percent and operate the asset.
The deal includes a further investment from McCain Foods and a new partnership with Power Sustainable Lios, a specialized agri-food private equity platform.
CAI invested in Universal in 2018. Its co-investment partners include BDC Capital, Roynat Equity Partners and Frind Enterprises.
Based in Mississauga, Ontario, King’s Pastry is a manufacturer of sweet and indulgent bakery products.
Dentalcorp has formed a special committee to review and evaluate strategic alternatives that may be available "to unlock shareholder value."