Private Equity
Canadian mid-market private equity firm&nbsp;Yellow Point Equity Partners&nbsp;recently invested in&nbsp;Canadian Appliance Source LP&nbsp;(CAS), a Toronto&nbsp;omni-channel retailer of home appliances. No financial terms were released. Founded in 2008,&nbsp;CAS began life as an e-commerce provider of kitchen and laundry appliances, but now also operates&nbsp;five showrooms in Ontario. Led by CEO&nbsp;Ari Klein, the company plans to use the partnership with Yellow Point to support growth. CAS is the third investment of&nbsp;Yellow Point Equity Partners IV,&nbsp;<a href="https://www.pehub.com/canada/2016/1/yellow-point-equity-partners-closes-fourth-fund-at-150-mln/" target="_blank">which raised $150 million in 2015</a>. In July,&nbsp;<a href="https://www.pehub.com/canada/2016/7/3341789/" target="_blank">the fund invested in</a>&nbsp;Foley&rsquo;s Candies Ltd.

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