Bruce Telecom has been acquired by Windsor Private Capital
The Municipality of Kincardine has entered into an agreement with Windsor Private Capital for the acquisition of Bruce Telecom Inc. The transaction is subject to regulatory approval from Innovation Science and Economic Development Canada.
Bruce Telecom is a municipally owned telecommunications company with a rich history spanning over a century. Established by local citizens to provide telephone services to the community, the company has evolved into a leading independent incumbent local exchange carrier (ILEC) serving Ontario communities along the eastern shores of Lake Huron. Owned and operated by the City of Kincardine, Bruce Telecom is committed to delivering reliable and advanced communication services while preserving its strong community ties. As one of the few remaining independent telecom operators in Canada, it continues to shape the region’s digital landscape.
Windsor Private Capital is an investment firm based in Ontario, Canada, with a breadth of experience in a wide range of industry sectors. Together with its affiliates, the organization advises and manages over US$2.2 billion on behalf of institutional and private investors. Most recently, Windsor Private Capital expanded the WPC Infrastructure Fund through investment in EH!Tel Networks and now Bruce Telecom on behalf of LiUNA Pension Fund of Central and Eastern Canada, one of the country’s largest private sector union-sponsored pension funds. This has deepened Windsor Private Capital’s commitment to southwestern Ontario and the telecommunications industry.
Oaklins’ team in Canada was retained by Bruce Telecom to provide valuation services and to support the Board of Directors in negotiating advantageous terms of sale with Windsor Private Capital.
Talk to the deal team
Related deals
PBV Investment Holding Europe-America, S.L. (IDP Group) has been sold to Bureau Veritas
Nazca Capital and the company founders have sold PBV Investment Holding Europe-America, S.L. (IDP Group) to Bureau Veritas. This strategic acquisition will allow Bureau Veritas to expand its leadership in building and infrastructure solutions and meet sustainability challenges through IDP’s digital portfolio assets.
Learn moreHD Clinical Ltd. has been acquired by NEXUS AG
NEXUS AG has acquired HD Clinical Ltd. Through this acquisition, NEXUS has gained a recognized and internationally active team of experts in structured diagnostic reporting and image processing. This will provide new regional access, strengthening its strong European market position in software, particularly for internal medicine.
Learn moreAtech Support Limited has been acquired by iomart Group plc
Pelican Capital’s Atech Support Limited has been acquired by iomart Group plc. This acquisition will enable iomart to provide customers with a broader range of top-tier cloud technology and security services and solutions.
Learn more