Tricor Pacific Takes $40M Stake In Avison Young

Law360, New York (October 18, 2011, 12:03 PM EDT) -- Canada-based real estate services company Avison Young said Tuesday it had received a $40 million minority equity investment from Vancouver-based midmarket private equity firm Tricor Pacific Capital Inc., money it will use to further its high-growth acquisitions strategy. 

The private investment means Tricor Pacific managing directors Roderick Senft and Bradley Seaman will sit on Avison Young's board of directors.

"We believe Avison Young has the right strategy, the right leadership and the right capital structure to continue its fast-growth trajectory, and we look forward to a...
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