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Element Financial Corp Closes Nexcap Finance Corp Acquisition


Friday, 18 Jan 2013 04:04pm EST 

Element Financial Corp announced that it has completed the previously announced acquisition of 100% of the shares of Nexcap Finance Corporation (Nexcap) for approximately $20 million plus and assumption of $75 million debt financing. GMP Securities L.P. acted as financial advisor to Element in connection with the acquisition and Blake, Cassels & Graydon LLP acted as legal counsel. 

Company Quote

14.45
-0.02 -0.14%
21 Nov 2014