Instar Asset Management Inc. (“Instar”) today announced it has partnered with management to invest in Greenwood Mushrooms Development Corp. (“Greenwood” or the “Company”), a premier controlled environment agricultural producer of mushrooms, previously a portfolio company of Canadian private equity firm Novacap.
Over the past two years, the way we live our day-to-day lives has changed dramatically. From intermittent lockdowns to continued advancements in technology, we no longer have the same expectations for what connecting with people, engaging with businesses or traveling to new locations looks like. Alongside trends such as electrification and biofuels, our priorities have shifted to focus on safety, sustainability and streamlined service. To meet demand, the transportation sector has had to adapt quickly to a constantly evolving landscape.