Abacus completes acquisitions with a total transaction value in excess of $700 million in 2015
February 15, 2016, Vancouver, BC – Abacus Private Equity is pleased to announce that it completed acquisition transactions with a total value of over $700 million in 2015. Since 2005, Abacus Private Equity has completed acquisitions with a combined enterprise value in excess of $5.1 billion across various industries.
“2015 proved to be one of our best years ever. On behalf of our parent – Hillcore Group, Abacus executed transactions that grew the platform substantially and resulted in the addition of approximately 650 new employees in 2015” said Michael Doner, Chief Operating Officer 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 $7.2 billion with $710 million in 2015 alone. Entities under the Hillcore Group’s management have an asset value in excess of $4.4 billion as of December 31, 2015. The Hillcore Group has offices in Toronto, Vancouver and Montreal, and, in its various groups and portfolio companies, employs more than 2,500 people throughout Canada
For further information please visit our website at AbacusPE.com or contact:
T: (416) 214-3336