News

June 2021

How to survive the perils of junior debt amid the lending market boom

Yield-starved investors have fuelled the private debt market to a market cap of more than $1tn in recent years according to data from EY, amid traditional banks stepping away from the sector in the wake…
April 2021 Penfund Leads Second Lien Financing for Canadian Hospital Specialties
March 2021 2021 Annual Information Meeting – Notice of Meeting
February 2021 Reflections on COVID-19
November 2020 Penfund Announces US$85 Million Investment in Arrowhead Engineered Products
November 2020 Exploring the Pros & Cons of 1L/2L vs Unitranche Financing Structures
July 2020 Tony Howard Joins Penfund as Chief Operating Officer
June 2020 Insurance Brokerage: Uniquely Stable in a World Wrought by Disruption
June 2020 Penfund Increases Investment in Caliber Collision Centers to US$160 Million
June 2020 Penfund Announces US$100 Million Investment in BroadStreet Partners
January 2020 The Goldilocks Principle in Healthcare Investing
June 2019 Michael Binnington Joins Penfund as a Vice President of Origination
May 2019 Penfund Announces Follow-on Investment in Mister Car Wash
February 2019 Penfund Announces $100 Million Financing for GoodLife Fitness Centres Inc.
February 2019 Penfund Announces US$150 Million Investment in Caliber Collision Centers
January 2019 Penfund Closes $1.15 Billion Sixth Fund
November 2018 Penfund Completes Sale of Surewerx to The Riverside Company
September 2018 Joe Mattina Joins Penfund as a New Partner
February 2018 Penfund Announces C$55 million Investment in CBI Health Group
September 2017 Penfund Leads Second Lien Refinancing for Give & Go Prepared Foods
April 2017 Penfund Announces U.S. $75 Million Investment in Aveanna Healthcare
March 2017 Penfund Announces Two New Investments
October 2016 Penfund Closes $724 Million Fifth Fund
September 2016 Penfund Announces Third Investment in PSA Healthcare
August 2016 Penfund Leads Second Lien Financing for Give and Go Prepared Foods
August 2016 Penfund Announces Investment in Plews & Edelmann
February 2016 Penfund Announces U.S. $47 Million Investment in Forefront Dermatology
February 2016 Penfund Announces Follow-On Investment in PSA Healthcare
February 2016 Penfund Announces $20 Million Expansion Financing for GoodLife Fitness Centres Inc.
November 2015 The JET Group Announces Acquisition of Sellstrom Manufacturing Co.
June 2015 Penfund Announces New Investment in Pet Supermarket
April 2015 Penfund Announces $70 Million Loan to GoodLife Fitness Centres Inc.
March 2015 Penfund Announces Investment in Pediatric Services of America
November 2014 Penfund Announces Investment in Mavis Discount Tire
October 2014 Penfund Announces US$15.1 Million Investment in Mister Car Wash
April 2014 Penfund Provides Growth Capital to Mevotech L.P.
January 2014 The JET Group Announces Acquisition of PeakWorks Inc.
November 2013 Penfund Announces US$60 Million Loan to Caliber Collision Centers
June 2013 Penfund Announces a Minority Equity Investment in Wakefield
April 2013 Penfund Leads $40 Million Expansion Financing for GoodLife Fitness Centres Inc.
November 2012 Penfund Announces Acquisition of JET Equipment & Tools Ltd.
May 2012 Penfund Strengthens Investment Team
March 2012 Penfund Closes $460 Million Fourth Fund
June 2011 Penfund announces US$25 million investment in Hopkins Manufacturing Corporation
April 2011 Penfund leads new $125 million subordinated debt financing for GoodLife Fitness Centres Inc.
March 2011 Penfund announces successful exit from its investment in Choice Environmental Services, Inc.
September 2010 Penfund announces US$15 million investment in Choice Environmental Services, Inc.
May 2010 David Patchell-Evans of GoodLife Fitness Awarded CVCA’s 2010 ‘Entrepreneur of the Year’ Award
September 2009 Penfund announces $20 million investment in CanGro Foods Inc.
November 2008 Penfund announces US$34 million investment in Caliber Collision Centers.
August 2008 Penfund announces $18 million debt investment in Timothy’s Coffees of the World Inc.
December 2007 Penfund announces $40 million follow-on investment in GoodLife Fitness Clubs
September 2007 Mid-sized Deals Have Escaped the Drought
September 2007 The credit crisis: How this happened
May 2007 Broader basket better market fit: Penfund Capital III spans entire capital structure
May 2007 Penfund announces the first closing of Penfund Capital Fund III at $240 million