CDPQ backs Avison Young growth with $250m investment

Toronto

Caisse de dépôt et placement du Québec (CDPQ) has made a $250m investment to accelerate Avison Young’s growth plans.

The money will be used help fund new acquisitions and recruit key professionals. It will also be used to re-purchase shares held by private equity backer Parallel49, previously known as Tricor Pacific Capital, as well as shares held by former Avison Young principals and founders.

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