January 15, 2015, Vancouver, BC – Abacus Private Equity is pleased to announce that it completed acquisition transactions with a total value of $670 million in 2014. Since 2005, Abacus Private Equity has completed acquisitions with a combined enterprise value in excess of $4.3 billion across various industries.
“The Canadian M&A market continues to be vibrant. Again in 2014, Abacus played an active role in assisting vendors to maximize their net disposition proceeds. With new structures and an active market, we look forward to 2015.” said Jean-Marc Bougie, Chief Executive of Abacus.
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 Private Equity has been an active principal investor in Canada for over fifteen years and provides structured financial solutions to Canadian businesses to optimize their businesses and transactions to create value. Abacus is part of the Hillcore Group. Since 2005, the Hillcore Group, directly or indirectly through its investment funds, has closed transactions with an aggregate asset value in excess of $6.2 billion with $670 million in 2014 alone. Entities under the Hillcore Group’ management have an asset value in excess of $3.2 billion, as of December 31, 2014. The Hillcore Group has offices in Toronto, Vancouver and Montreal, and, in its various groups and portfolio companies, employs more than 1,700 people throughout Canada.
For further information please visit our website at AbacusPE.com or contact:
T: (416) 214-3336