Stake Purchase • Defense

La Caisse and Icelandair Group Invest In CAE

On November 18, 2020, asset manager La Caisse and Icelandair Group invested in defense company CAE

Investment Context
  • This is La Caisse’s 1st and Icelandair Group’s 1st transaction in the Defense sector.
  • This is La Caisse’s 30th and Icelandair Group’s 1st transaction in Canada.
  • This is La Caisse’s 28th and Icelandair Group’s 1st transaction in Quebec.

Explore All 13 Stake Purchase Defense Deals - Search the Database Free


Investment Summary

Date November 18, 2020
Target CAE
Sector Defense
Investor(s) La Caisse
Icelandair Group
Deal Type Stake Purchase

Target Company

CAE

Saint-Laurent, Quebec, Canada
CAE engages in modeling, simulation, and training for civil aviation and defense. It offers civil aviation, military, and helicopter training services in more than 45 locations worldwide and trains approximately 100,000 crew members yearly. CAE was founded in 1947 and is based in Saint-Laurent, Quebec.
Explore More Deals

Browse All 215,130 Deals

FILTER BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Search Free

Investors Overview 2

Investor

La Caisse

Investor Investor Investor Investor Investor


Category Asset Manager
Founded 1965
PE ASSETS 90.0B CAD
Size Mega
Type Sector Agnostic
DESCRIPTION

CDPQ is a global asset management firm focused on a variety of investing strategies including fixed income, real estate, infrastructure, private equity, venture capital, and public equities. Within private equity, CDPQ looks to acquire significant minority stakes in businesses operating in a variety of sectors and seeks to commit $250 million to $1 billion per transaction. CDPQ was established in 1965 and is headquartered in Montreal, Quebec.


Deal Context for Investor #
Overall 70 of 106
Sector: Defense 1 of 1
Type: Stake Purchase 13 of 17
State: Quebec 28 of 45
Country: Canada 30 of 48
Year: 2020 5 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-11-03 Barrette Outdoor Living

Middleburg Hts, Ohio, United States

Barrette Outdoor Living empowers homeowners to bring their personal outdoor space to life by providing fencing, railing, decking, and complimentary outdoor products that beckon people to embrace their Outside SideTM. Barrette Outdoor Living is proud to be an American manufacturer, with 14 locations throughout North America that provide outdoor products sold through specialty retailers, home centers, and lumberyards. Featuring more than 70 patents, proprietary state-of-the-art machinery, and rigorous testing and control standards, Barrette Outdoor Living products are meticulously engineered, and designed for flexibility and ease of installation. Barrette Outdoor Living is based in Middleburg Hts, Ohio.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-21 Zevia

Los Angeles, California, United States

Zevia is a provider of naturally sweetened, GMO-free, zero-calorie beverages. Zevia is available in fifteen flavors and is sweetened with Stevia. Zevia was founded in 2007 and is headquartered in Encino, California.

Buy -
Investor

Icelandair Group

Reykjavik, Iceland

Category Company
Founded 1937
Sector Airlines
Employees3,325
Revenue 1.6B USD (2024)
DESCRIPTION

Icelandair Group operates in the international airline and tourism sectors for decades. Icelandair Group's fleet comprised a total of 46 aircraft, of which 36 were owned by the Company. Icelandair Group was founded in 1937 and is based in Reykjavik, Iceland.


Deal Context for Investor #
Overall 1 of 1
Sector: Defense 1 of 1
Type: Stake Purchase 1 of 1
State: Quebec 1 of 1
Country: Canada 1 of 1
Year: 2020 1 of 1

Explore Related M&A Activity