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Synopsis
HC Private Investments, an investment firm providing individuals and family offices an alternative to the traditional private equity model, completed the investment in QEI, a SCADA and automation equipment supplier. Financial terms were not disclosed. “QEI allows for everyday management of business systems that have become more demanding and complex with the ever-increasing volume of data to interpret and integrate. Under Normand’s leadership and with additional strategic investments, QEI is well positioned to continue to support its customer-required investments in aging transit infrastructure and smart grid modernization,” Erik VanLaningham, HCPI Executive Advisor.
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