Growth Capital Investment by Tricor Pacific Capital, Inc.

Technology & Services
Growth Capital Investment by Tricor Pacific Capital, Inc.

Summary

Baird served as exclusive financial advisor to Avison Young

About

Avison Young (the “Company”) recently completed a $40 million growth capital investment from Tricor Pacific Capital, Inc. (‘Tricor”). Tricor has taken a meaningful minority stake in the Company, thus maintaining the Company’s unique position as a private, principal-managed and led company. Terms of the investment were not disclosed.

Avison Young is Canada's largest independently-owned commercial real estate services company. Headquartered in Toronto, Ontario, Avison Young is a full-service commercial real estate services provider comprising more than 800 real estate professionals in 25 offices across Canada and the U.S. The Company provides value-added, client-centric investment sales, leasing, advisory, management, financing and mortgage placement services to owners and occupiers of office, retail, industrial and multi-residential properties. The Company intends to use the proceeds to further build out its Canadian and U.S. platforms, including high-profile recruiting and acquisitions in major U.S. markets, as well as adding infill geographic and service lines.

Tricor Pacific Capital is a leading private equity firm that invests in profitable, well-managed, middle-market companies. The firm’s investment efforts are concentrated in the western and mid-western regions of Canada and the United States. With expertise across North America, Tricor has been successful in expanding Canadian businesses into the U.S. market and U.S. businesses into the Canadian market. Tricor has offices in Vancouver, British Columbia and Lake Forest, Illinois.

For additional information about this transaction, please contact:

Rick Conklin (312) 609-5480
Jeff Seaman (312) 609-4687
Dan Alfe (312) 609-4922
Technology & Services
Growth Capital Investment by Tricor Pacific Capital, Inc.
Date
October 2011
Company
Avison Young
Transaction
M&A
Sectors
Technology & Services
Target Location
North America
Acquiror Location
North America

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