Canam Group to be taken private by Dutil family and American Industrial Partners

Canam Group has entered into a definitive agreement to be acquired by a group of investors led by the Dutil family and American Industrial Partners for $12.30 per share, representing an enterprise value of approximately $875 million.

“The purchase of 100% of the equity of Canam represents a total enterprise value of approximately $875 million, including the assumption of existing indebtedness.”newswire.ca

• 2 sources
• newswire.caCanam Group announces going-private transaction by a group of investors led by the Dutil FamilyCanam Group Inc.Apr 27, 2017
• sellsidehandbook.comCanadian M&A Roundup April 29, 2017 - Canam, Lumenpulse | Sell Side HandbookSaraApr 30, 2017

Summarized from public sources; check the original articles before acting on it.