CANADA - The Ontario Teachers' Pension Plan (OTPP) has acquired US-based Acquilex Holdings, a maintenance, cleaning and repair company for the oil refining, fossil power, nuclear, petrochemical and waste-to-energy industries, for an undisclosed sum.
The fund said it had provided committed capital for the entire purchase price and had also received a third party commitment for the senior financing. Last year, Acquilex had revenues in excess of ...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders