Canadian shell seeks consolidation play
- From: Vol 7, Issue 8 (August 2006)
- Category: General
- Region: Americas
- Country: United States
- Related Companies: Biorem, Canaccord Capital Corporation, Environmental Business Consultants, Raymond James Ltd, Water Capital Inc and Zenon Environmental
With former Zenon chief operating officer John Coburn behind it, Water Capital is pursuing a roll-up strategy in the water sector.
Zenon veteran John Coburn is backing a Capital Pool Company (CPC) listed on the Canadian TSX Venture Exchange with a view to acting as a consolidator in the water equipment supply sector. CPCs are shell companies which raise capital from investors and put together a management team with a view to making acquisitions.
Water Capital Inc. began trading on the ...
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