HGGC Sells Minority Stake in Davies Group to Canadian Investor
HGGC, a leading middle-market private equity firm located in Palo Alto, California, announced that it was selling its minority stake in Davies Group Limited to Alberta Investment Management Corporation (AIMCo), a high-performing Canadian investment manager. In the interest of some of AIMCo’s clients, the company has signed a definitive agreement solidifying its position to obtain…