Announced
Completed
Financials
Sources
Tags
engineering services
Friendly
Minority
Test Inspection and Certification (TIC)
Domestic
Private
Private Equity
Acquisition
Engineering Consulting
testing services
Completed
Canada
Synopsis
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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