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Transactions / N•••

C••••• Fund Management to Acquire a Controlling Interest in the Come By Chance Refinery in Newfoundland

Majority investmentannouncedannounced Nov 30, 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
3 named
Buy side
  • C•••• R••••••, managing partner at C••••• said: “We are pleased to make this transformative investment in the Come By Chance refinery 50 years following the facility’s original groundbreaking.
  • C••••• Fund Management (“C•••••”) has acquired a controlling interest in the N••• refinery located in Come By Chance, Newfoundland, re-naming it as Braya Renewable Fuels (“Braya”) following the acquisition. | published on C••••• Fund's own news page www.crestafunds.com
Side not stated
  • N•••Targetconfirmed
    C••••• Fund Management (“C•••••”) has acquired a controlling interest in the N••• refinery located in Come By Chance, Newfoundland, re-naming it as Braya Renewable Fuels (“Braya”) following the acquisition.
Evidence
C••••• Fund Management (“C•••••”) has acquired a controlling interest in the N••• refinery located in Come By Chance, Newfoundland, re-naming it as Braya Renewable Fuels (“Braya”) following the acquisition.
C••••• Fund Management to Acquire a Controlling Interest in the Come By Chance Refinery in | Private Equity Intelligence | DFX