June 29, 2022
Instar Partners with Leading Controlled Environment Agricultural Producer
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.
June 08, 2021
PRT Growing Services Establishes Green Loan Financing
PRT Growing Services Ltd (“PRT” or the “Company”), the premier provider of critical growing services for container-grown forest seedlings in North America, and Instar Asset Management Inc. (“Instar”), an independent alternative management firm focused on middle-market investment opportunities primarily in North America, today announced the closing of $90 million in green loan facilities led by Royal Bank of Canada and HSBC Bank Canada to support the Company’s acquisition by Instar and future growth.
June 01, 2021
Instar Completes Sale of Okanagan Wind
Instar Asset Management (“Instar” or “the Company”), today announced the sale of its 100% interest in Okanagan Wind, two wind power facilities totaling 30 megawatts of installed renewable energy in the Okanagan region of British Columbia, to Canadian Power Holdings (“Canadian Power”), an Alberta-based firm with extensive experience managing energy generation in Canada. Financial terms were not disclosed.
May 26, 2021
Instar Expands Brand Footprint And Strategy
Instar Group Inc. (“Instar” or the “Company”), an independent alternative management firm focused on middle-market investment opportunities primarily in North America, today announced the rebranding of Instar Asset Management Inc., a wholly owned subsidiary of Instar, as manager of the InstarAGF Essential Infrastructure Fund I and II (together, the “InstarAGF Funds”).
April 01, 2021
InstarAGF Acquires PRT Growing Services from TriWest
InstarAGF Asset Management Inc. (“InstarAGF”) today announced it has acquired PRT Growing Services Ltd. (“PRT” or the “Company”), a leading reforestation logistics provider with operations across North America, from TriWest Capital Partners (“TriWest”).
April 01, 2021
InstarAGF Completes Acquisition of LS Networks
InstarAGF Asset Management Inc. (“InstarAGF”) today completed its previously announced acquisition of LS Networks (“the “Company”), a leading fiber-optic bandwidth infrastructure services provider in the Pacific Northwest, from a collective of Oregon rural electric cooperatives.