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. Existing shareholders Caisse de dépôt et placement du Québec and Fonds de solidarité FTQ are also expected to participate. Upon the transaction’s completion later this year, AIP will hold a majority stake in Canam.