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TorQuest Partners Sells Traffic Control Platform GTT To Gilbarco
Posted on: Nov. 7, 2016, 1:35 p.m.
Canadian mid-market private equity firm TorQuest Partners has sold Global Traffic Technologies LLC (GTT) to Gilbarco Inc for an undisclosed amount. St. Paul, Minnesota-based GTT is a provider of priority traffic control solutions for public transit and emergency vehicles. Formerly a business division of U.S. conglomerate 3M, GGT was acquired by TorQuest in a carve-out deal in June 2007. In subsequent years, TorQuest invested in the growth and development of the standalone company. Earlier this week, TorQuest invested in marine transport company McKeil Marine Ltd, the final investment … Full investment news article
Relevent to this post: Quest Partners
Torquest Partners,
Mogo Adds Difference Capital's Tom Liston To Board Of Directors
Posted on: Nov. 7, 2016, 1:31 p.m.
Mogo Finance Technology Inc (TSX: GO) has added Tom Liston, managing partner at Difference Capital Financial, to its board of directors. Difference Capital is a Canadian provider of debt and equity funding to mostly late-stage private companies in technology, media and healthcare sectors. It is an investor in Mogo, a Vancouver-based online lending platform. Mogo went public in mid-2015, raising $50 million. It has recently secured funding from affiliates of U.S. private equity firm Fortress Investment Group. VANCOUVER, Oct. 27, 2016 /CNW/ – … Full investment news article
Relevent to this post: Capital Market IQ
Fortress Investment Group,