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| Home : Clairvest Announces $39.5 Million Investment in an Ontario Based Equipment Rental Company |
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Feb 04
2013 |
Clairvest Announces $39.5 Million Investment in an Ontario Based Equipment Rental Company |
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TORONTO, ONTARIO--(Marketwire - Feb. 4, 2013) - Clairvest Group Inc. (TSX:CVG) ("Clairvest"), Clairvest Equity Partners IV Limited Partnership and Clairvest Equity Partners IV-A Limited Partnership (collectively, "CEP IV") today announced a combined $39.5 million investment in CRS Contractors Rental Supply Limited Partnership ("CRS" or the "Company"). CRS is a leading provider of construction rental equipment and related merchandise. Founded in 2000, the Company grew from 4 to 21 locations in Ontario and over 270 employees dedicated to delivering superior products and customer service. The investment was originated through Clairvest's rental services domain efforts and builds on current investments in oilfield and medical equipment rentals. Clairvest's portion of the investment is $10.6 million. |
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| Source:http://www.marketwire.com/mw/release.do?id=1752581&sourceType=3 |
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