Private Equity
Canam Group Inc, a Saint-Georges, Québec designer and fabricator of customized products for the construction industry, has agreed to be taken private by a consortium of the Dutil family and American Industrial Partners (AIP), a U.S. private equity firm. The deal, which is valued at $875 million, including debt, will see the consortium acquire all of the company’s common shares, except shares currently owned by the Dutil family, which will be rolled over.