M&A Deal Summary

InvestEco Capital Acquires Lotek Wireless

On January 1, 2007, private equity firm InvestEco Capital acquired manufacturer Lotek Wireless

Acquisition Highlights
  • This is InvestEco Capital’s 2nd transaction in the Manufacturing sector.
  • This is InvestEco Capital’s 6th transaction in Canada.
  • This is InvestEco Capital’s 5th transaction in Ontario.

M&A Deal Summary

Date 2007-01-01
Target Lotek Wireless
Sector Manufacturing
Buyer(s) InvestEco Capital
Deal Type Buyout (LBO, MBO, MBI)

Target

Lotek Wireless

Newmarket, Ontario, Canada
Lotek Wireless designs and manufactures products and technologies for monitoring wildlife. Leading researchers around the world rely on Lotek telemetry equipment and expertise in fish and animal tracking.

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Buyer(S) 1

Buyer

InvestEco Capital

Toronto, Ontario, Canada

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2002
PE ASSETS 35M USD
Size Small
Type Sector Agnostic
DESCRIPTION

InvestEco Capital is an environmental private equity firm that seeks to invest in both private and public companies in North America. The Firm targets smaller-sized companies with at least $2 million in revenue involved in fulfilling the demand for environmental products and services. Investeco has particular interest in companies specializing in alternative power, water technologies, organic and natural foods and environmental technologies. InvestEco Capital was formed in 2002 and is based in Toronto, Ontario.


DEAL STATS #
Overall 6 of 13
Sector (Manufacturing) 2 of 2
Type (Buyout (LBO, MBO, MBI)) 3 of 3
State (Ontario) 5 of 9
Country (Canada) 6 of 10
Year (2007) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-01-01 Schneider Power

Toronto, Ontario, Canada

Schneider Power is an emerging player in the wind power industry in Canada, with developments underway in Manitoba, Ontario and Nova Scotia. Schneider?s signature project is a wind development in Providence Bay on Manitoulin Island, which began producing power in 2007. Another notable project is a proposed development for Goodwins Island, Nova Scotia, home to some of the strongest sustained windspeeds in Canada. Schneider is supported by an active partnership with Juwi Group, a leading German wind power developer.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-03-25 Woodland Biofuels

Mississauga, Ontario, Canada

Woodland Biofuels Inc. develops a process technology to produce cellulosic ethanol from waste biomass.

Buy -