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PE Hub Staff

Fonds de solidarité FTQ has provided a C$40 million credit facility to New Look Vision Group, a Montreal-based provider of eye care services.
Lenders can terminate their agreement if the transaction doesn't close by June 30, meaning without an expedited trial, the deal is likely toast.
Global Reach Group has acquired key elements of the Canadian operation of EncoreFX, a Victoria, British Columbia-based provider of foreign exchange risk management solutions and global payment services.
Canadian mid-market private equity firm Clairvest Group has acquired the solar operations and maintenance business of San Jose, California-based SunPower Corp.
Virgin Australia Holdings is expected to receive as many as eight non-binding indicative offers from potential buyers, including Bain Capital, BGH Capital and Brookfield Asset Management, sources told Reuters.
Investment activity in Canada's buyout and private equity market was robust in the first quarter of 2020, with C$6.9 billion disbursed across 126 deals.
Distressed debt and special sits, food production, healthcare and certain VC strategies have received growing attention as a result of the coronavirus crisis.
VCJ Podcast Spotfiy
Our senior editorial teams covering PE, private debt, infrastructure, real estate and secondaries discuss the latest in how private markets are responding to the coronavirus pandemic. Plus: ways firms are helping people out in the crisis.
Danville, Quebec-based Alliance Magnesium, a producer of metallic magnesium and other valuable minerals from serpentine, has secured C$145 million in financing.
coronavirus, COVID-19, M&A, private equity, auctions, valuations
It’s too soon to say how serious the reaction to COVID-19 will be, but through PE Hub’s conversations with dozens of sources, it’s clear that many sale processes poised to kick off will hit the pause button.

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