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Transactions / T•••• E•• C••••••

Leading Canadian Private Credit Firm T•••• E•• C•••••• Receives Significant Backing From K••• Investment Management

Platform acquisitionannouncedannounced Sep 9, 2021Fact
What happened
Platform
not an add-on on record
Control
Control
Share acquired
unknown
Industry
unknown
Target location
unknown
Seller kind
unknown
Rollover
unknown
Values, only where disclosed
Enterprise value
Not disclosed
Purchase price
Not disclosed
Equity value
Not disclosed
Target revenue
Not disclosed
Target EBITDA
Not disclosed
Multiple
Not disclosed
Parties and roles
5 named
Buy side
  • R•• J••••••Deal partnerconfirmed
    “There is so much to admire in T•••• Eye,” said R•• J••••••, CEO of K•••.
  • T•••• E•• C•••••• (T•••• Eye), a leading Canadian private credit firm, is partnering with K••• Investment Management, LLC (K•••), an independent provider of permanent capital solutions to asset and wealth managers worldwide.
Advisory side
  • S••••• • K••••• L••Legal adviserconfirmed
    Osler, Hoskin & Harcourt, LLP and S••••• • K••••• L•• served as legal advisors to K•••.
  • R•• C•••••• M••••••• L••Sell-side adviserconfirmed
    RBC Capital M•••••• served as financial advisor and Bennett Jones, LLP was legal counsel to T•••• Eye.
Side not stated
  • Leading Canadian Private Credit Firm T•••• E•• C•••••• Receives Significant Backing From K••• Investment Management
Evidence
Leading Canadian Private Credit Firm T•••• E•• C•••••• Receives Significant Backing From K••• Investment Management