Newlook Capital Industrial Services Fund II Announces Investment
Burlington ON December 7th, 2020 / – Newlook Capital inc. (“Newlook”) is pleased to announce an investment by Newlook Capital Industrial Services Fund II (“Fund II”) in Raleigh Fire Safety Ltd. (“Raleigh”).
Portfolio company Acme Fire and Safety (“Acme”) has had a long standing relationship with Raleigh as they have been a supplier to Acme for Fire suppression products for many years. Raleigh is located in Campbell River B.C. and has grown into a very reputable Fire Suppression company on Vancouver Island. This is a great opportunity for Raleigh and Acme to continue and expand services to the Mid to North Vancouver Island region as the companies are eager to work together to continue to grow.
“We are excited about this acquisition, and to be combining two great companies who will continue to grow their businesses as a team,” says Fund II’s Fund Manager Oliver Blum. “In addition to this acquisition, we have continued to build out the acquisition pipeline with fire suppression companies and plan on closing more next year.”
Raleigh Fire Safety Ltd. offers a full range of fire protection services for diverse applications, specializing in commercial, industrial and marine customers. To learn more about them please click on the logo below.