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Amed Funds Announces The Completion Of Its Purchase Of Canada Fluorspar

Jun 12, 2023about 2 years ago

Acquiring Company

AMED FUNDS

Acquired Company

CANADA FLUORSPAR

Newfoundland

Description

AMED Funds ("AMED") and Clariti Strategic AdvisorsTM ("Clariti") are pleased to announce the completion of the purchase by a portfolio company of AMED Fund IV of Canada Fluorspar Inc., the parent company of the Canada Fluorspar mine in St. Lawrence, NL ("Canada Fluorspar"). The transaction closing follows many months of review, analysis and negotiations and discussions with several stakeholders, including the senior lenders to Canada Fluorspar, the DIP lenders, Grant Thornton (as court-appointed Monitor) and the Province of Newfoundland and Labrador (the "Province").

Company Information

Company

AMED FUNDS

About

We are a private equity group focussed on developing tier-1 mineral projects in Africa operating in over 20 countries.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed