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Announced

CDPQ-backed Clairvest Group to invest $100m in Top Aces.

Synopsis

CDPQ-backed Clairvest Group, an equity management firm, agreed to invest $100m in Top Aces, a provider of airborne training. "This investment provides major support for the growth of our airborne training services, particularly in rapidly-expanding international markets. By joining our existing investment partners, CDPQ further solidifies a strong and long-term shareholding base that will enable Top Aces to take on new challenges in new countries," Paul Bouchard, Top Aces President and Chief Executive Officer.

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