Clairvest Group, Clairvest Equity Partners IV Limited Partnership and Clairvest Equity Partners IV-A Limited Partnership have announced a combined US$15 million investment in County Waste of Virginia. County Waste is a private regional solid waste management company based in West Point, Virginia.

Canadian private equity firm Clairvest Group Inc. has closed its fourth fund, Clairvest Equity Partners IV LP, with $467 million of committed capital. The fund closed with 17% more than the firm’s original $400 million target, the firm said. NovaFund Advisors acted as Clairvest’s placement agent outside of Canada. PRESS RELEASE Clairvest Group Inc. (TSX: [...]

Clairvest Group Inc. sold Casino Marina del Sol, Latin Gaming Chile S.A. and Latin Gaming Osorno S.A. at original cost to a Chile Holdings for $15.9 million and a 35.6 percent stake in the new holding company. Additionally, Clairvest Equity Partners III LP sold its investment in Casino Marina del Sol to Chile Holdings at cost and received a 40.9 percent in the holding company.

Celerity Partners has sold its 17.2% stake in PEER 1 Network Enterprises Inc. (TSX: PIX) to Clairvest Group Inc. (TSX: CVG) for US$23.36 million. PEER 1 is a Vancouver-based online IT hosting provider.

Clairvest Group (TSX: CVG) has held a C$200 million first close on its fourth private equity fund. The fund has a hard cap of C$500 million.