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Announced

Completed

Walter Capital Partners, Investissement Québec and W Investments completed the investment in Averna.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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engineering services

Friendly

Minority

Test Inspection and Certification (TIC)

Domestic

Private

Private Equity

Acquisition

Engineering Consulting

testing services

Completed

Canada

Synopsis

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Walter Capital Partners, an investment firm, Investissement Québec, a financing corporation, and W Investments, a private alternative investments firm, completed the investment in Averna, a developer of device quality test engineering services. Financial terms were not disclosed. "Walter Capital Partners will leverage its expertise and resources to support Averna's world-class management team in deploying an international acquisition strategy. We are pleased to team up with Investissement Québec and W Investments Group, two co-investors who are as motivated as we are to support François Rainville and his team, who are also important shareholders," Éric Doyon, Walter Capital Partners Managing Partner.

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