TORONTO, January 6, 2016 – Cranson Capital Solutions (“Cranson Capital”) is pleased to announce that it has successfully arranged the sale of the Dependable Home Tech business (“DHT”) to a Canadian private equity firm who partnered with existing management on the buyout.
Headquartered in Hamilton, Ontario, DHT is a leading provider of outsourced solutions to the cable and telecommunications industry in Canada, including to one of the largest telecommunication providers in Canada.
“This is a great opportunity for both DHT and its new owners to continue to build on the success of an already well established business,” said Devon Cranson, President at Cranson Capital Solutions, “We are very excited for DHT and are glad that we could help facilitate this successful transaction,” he added.
About Cranson Capital
Cranson Capital is a boutique investment banking firm which focuses on providing financial and advisory services to small to medium sized growth businesses. The business consists of two divisions; Cranson Capital Securities and Cranson Capital Solutions, both of which offer unique services to support our investors and entrepreneurs. Cranson Capital Securities is an Exempt Market Dealer and specializes in raising capital from accredited investors for private placements in real estate, high growth companies and financial services. Cranson Capital Solutions is a corporate finance advisory firm which focuses on finding the right financing solutions for our entrepreneurs.