OUR NEWS
Abacus completes acquisitions totaling $600 Million in transaction value in 2010, and anticipates increased transaction activity for 2011

3 March, 2011, Vancouver, BC – Abacus Private Equity is pleased to announce that it completed acquisition transactions with a total value of approximately $600 Million in 2010.  Since 2005, Abacus Private Equity has completed acquisitions with a combined enterprise value in excess of $2.6 Billion across numerous industries.

“Our recent success is evidence that M&A activity in Canada is on the rise.  During the past few years we have invested in the research and development of a host of new structures that we expect will begin to be adopted by market participants early this year.  We have also built out our team to increase coverage of public market opportunities, as well as assisting Canadian companies with cross-border initiatives.  We will continue to be focused exclusively on Canada, and look forward to continuing to grow our network of relationships in anticipation of significantly increased deal flow for 2011.” said Gene Gomes, Managing Director.

Abacus’ strategy is to structure highly efficient acquisitions that result in substantially enhanced value.  Abacus’ specialization is unique in Canada, and involves the design of tailor made acquisition or disposition strategies to maximize transaction value and net cash flow to Canadian businesses.

Abacus executes transactions using its own funds, or in conjunction with other interested parties.  Abacus maintains strong relationships with the foremost experts in the fields of corporate law, tax and finance, complementing its internal teams to develop and offer unique proposals that culminate in highly efficient business transactions.

About Abacus Private Equity:

Abacus is an independent investment firm which has been successfully acquiring Canadian and international businesses for over a decade. With offices in Toronto, Vancouver, Calgary, and Montreal, Abacus employs a cross-functional team of over 40 people to assist with the evaluation and completion of its acquisitions.

For further information please visit our newly redesigned website at www.AbacusPE.com or contact:

T: 416-214-3336
E: Info_Toronto@AbacusPE.com