Golden Spruce Capital completed the investment in Pride Marine.

Golden Spruce Capital, a private equity firm based in Toronto, completed the investment in Pride Marine, a provider and dealer of boat and boat service & parts across Canada. Financial terms were not disclosed. “We are thrilled with the opportunity to partner with the Nickel family, who will continue to be a significant investor in the business. Well into its fourth decade of operations, this is an exceptional team and we’re eager to support them in their quest to shape summer memories for families for future generations," Sam Restagno, Golden Spruce Capital Managing Partner.