After the slowest year on record for the Canadian private equity market, the sector started to bounce back in the first three months of this year.
. Privatization deals – such as Logistec Corp.’s“The public markets have been challenged overall so we are not surprised to see this trend,” association chief executive officer Kim Furlong said in an interview. “This market has been extremely challenged with liquidity given the fact that the IPOs are low.”
“I think that trend is here to stay, but I think the public markets will always play a role because there is a validation of your success that comes with that moment when retail investors have a chance to be a part of your success.”
Source: News Formal (newsformal.com)
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