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Exit · Closed Aug 2015

CEDA International divests subsidiary Ainsworth to GDI

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Relationship map for CEDA International divests subsidiary Ainsworth to GDIparent ofGDI Integrated Facility Services Inc.: PlatformGIGDI Integrated Facili…Ainsworth Inc.: PlatformAinsworth Inc.
Platform

Parties
Acquirer
GDI Integrated Facility Services Inc.
Platform
Target
Ainsworth Inc.
Platform
Deal value$20.5M reported approximate as reported by achrnews.com

Figures marked reported are drawn from a single or secondary source and are not independently confirmed. All figures are presented as reported, see Methodology.

Summary

Ainsworth Inc., a Canadian technical-services provider with over 750 employees across 12 locations, is being sold by its parent CEDA International Corp. to GDI for ~$20.5 million cash-free, debt-free.

Primary source