Kirk Falconer
Thomson Reuters (TSX, NYSE: TRI) said it and U.S. private equity firm Blackstone Group are in discussions to sell Refinitiv to the London Stock Exchange Group plc (LSEG) for about US$27 billion, confirming an earlier report. It is expected the deal would result in Thomson Reuters holding an about 15 percent stake in LSEG. Refinitiv, a London, U.K.-based provider of financial markets data and infrastructure, emerged last year with the acquisition of Thomson Reuters' financial and risk unit by a group led by Blackstone. Canada Pension Plan Investment Board was among the investors. Thomson Reuters is controlled by Canada’s Thomson family.
Press Ganey Associates Inc, a South Bend, Indiana-based provider of patient experience measurement and performance improvement solutions, has been acquired by a consortium of private equity investors. Ares Management Corp and Leonard Green & Partners led the consortium and were joined by British Columbia Investment Management Corp (BCI) and others. Terms weren't disclosed. The seller was EQT Partners, which acquired Press Ganey in 2016. Established in 1985, Press Ganey works with more than 41,000 healthcare organizations.
Target is C$500 mln Firm expects final close later this year or early 2020 PCM plans to make a few more hires, including a senior person Emerging manager Peloton Capital Management, founded by two former Ontario Teachers’ Pension Plan principals, raised an initial C$330 million ($250 million) for its first long-term mid-market fund. The Toronto […]
Closed seventh fund on C$650 mln ($486 mln) Fundraising took less than five months Fund backed by more than 300 LPs Imperial Capital Group has raised its largest fund to date, capping its seventh fund at C$650 million ($486 million). The Toronto private equity firm closed Imperial Capital Acquisition Fund VII in May, exceeding a […]
PSP deployed 43 pct more to PE in fiscal 2019 than FY 2018 PE portfolio assets sit at C$24 bln Most direct deals are in North America and Europe Public Sector Pension Investment Board, Canada’s fourth largest pension system, ramped up activity in the global private equity market last year, deploying C$6.3 billion ($4.7 billion). […]
Taylor took on new role this month Will provide advice and support to companies in Altas’ portfolio Has been member of Altas’ advisory board for four years Altas Partners has named a pioneering businesswoman to the newly created position of chair. Kathleen Taylor, the former CEO of Four Seasons Hotels and Resorts, took on the role this […]
Why this is important: Canada FO Tricor Pacific wraps debut deal in scalable niche: industrial welding for repair and maintenance Tricor Pacific Capital wrapped up the inaugural deal of its new diversified investments strategy, acquiring a provider of maintenance welding solutions. The Canadian family office bought Rockmount Research & Alloy, a Vancouver, Washington, maker and […]
12-year veteran leaves OMERS PE for new opportunities Joined as associate; left as managing director Focus was North American market Jon McCarthy, a 12-year veteran of OMERS Private Equity, left the firm at the beginning of May, a person with knowledge of the matter told Buyouts. McCarthy, a member of OPE’s Toronto team, joined in […]
Firm’s 12th platform investment in Canada Purchases Alliance Designer, maker of specialty sand Company plans push in North America, Europe Wynnchurch Capital has closed its 12th platform investment in Canada, buying a maker of products used in home and commercial hardscaping projects. The mid-market private equity firm said today it acquired Alliance Designer Products, a […]
Why this is important: OMERS growth equity is looking to invest in mid-stage disruptors AUM: Parent OMERS US$73 bln OMERS Growth Equity, the growth equity arm of C$97 billion ($73 billion) Canadian pension fund OMERS, is looking to invest in mid-stage companies poised to reshape traditional sectors. OGE, led by Head of Growth Equity Mark […]