Canadian private equity market rebounds in first quarter as privatization trend fuels exits

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 28 sec. here
  • 49 min. at publisher
  • 📊 Quality Score:
  • News: 179%
  • Publisher: 92%

Canadian News News

Canada News,Breaking News Video,Canadian Breaking News

Despite a dearth of initial public offerings – historically among the most common private equity exit strategies – investors in the space are increasingly making money by re-privatizing public companies

After the slowest year on record for the Canadian private equity market, the sector started to bounce back in the first three months of this year.

. Privatization deals – such as Logistec Corp.’s“The public markets have been challenged overall so we are not surprised to see this trend,” association chief executive officer Kim Furlong said in an interview. “This market has been extremely challenged with liquidity given the fact that the IPOs are low.”

“I think that trend is here to stay, but I think the public markets will always play a role because there is a validation of your success that comes with that moment when retail investors have a chance to be a part of your success.”

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Ireland Ireland Latest News, Ireland Ireland Headlines