TORONTO, Oct. 12, 2023 (GLOBE NEWSWIRE) -- Clairvest Group Inc. (TSX: CVG, “Clairvest”) today announced it has repurchased for cancellation 340,100 of its common shares at a price of $74.00 per share ($25,167,400 in aggregate). The shares were repurchased from a passive shareholder.

About Clairvest
Clairvest’s mission is to partner with entrepreneurs to help them build strategically significant businesses. Founded in 1987 by a group of successful Canadian entrepreneurs, Clairvest is a top performing private equity management firm with over CAD $4.3 billion of capital under management. Clairvest invests its own capital and that of third parties through the Clairvest Equity Partners limited partnerships in owner-led businesses. Under the current management team, Clairvest has initiated investments in 64 different platform companies and generated top quartile performance over an extended period.

Contact Information
Stephanie Lo
Director of Investor Relations & Marketing
Clairvest Group Inc.
Tel: (416) 925-9270
stephaniel@clairvest.com

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.