Press Releases

CALGARY, November 6, 2018 – Crown Capital Partners Inc. (“Crown” or the “Corporation”) (TSX: CRWN), which provides growth capital to successful mid-market companies, today announced that its Board of Directors has declared a dividend of $0.15 per common share, payable on November 30, 2018 to all shareholders of record as of the close of business on November 16, 2018. This dividend is designated by the Company to be an “eligible dividend” pursuant to subsection 89(14) of the Income Tax Act (Canada) and any applicable provincial or territorial legislation pertaining to eligible dividends. Shareholders with questions regarding the tax treatment of dividends should consult with their own tax [...]

CALGARY, October 22, 2018 – Crown Capital Partners Inc. (“Crown” or “the Company”) (TSX: CRWN), which provides growth capital to successful mid-market companies, today announced it will host a conference call to discuss its 2018 third quarter financial results on November 7, 2018 at 8:30 a.m. EDT. The call will be hosted by Chris Johnson, President and Chief Executive Officer, and Michael Overvelde, Chief Financial Officer. Crown will issue its financial results on the morning of November 7, 2018. CONFERENCE CALL DETAILS DATE: Wednesday, November 7, 2018 TIME: 8:30 a.m. EDT DIAL IN NUMBER:  (416) 764-8688 or (888) 390-0546 CONFERENCE ID: [...]

CALGARY, September 4, 2018 – Crown Capital Partners Inc. (“Crown”) (TSX: CRWN), which provides growth capital to successful mid-market companies, today announced the closing of a $15 million term loan (the “Agreement”) to Triple Five Intercontinental Group Ltd. (“Triple Five”), a privately held, Calgary-based company engaged in the exploration, development and production of petroleum and natural gas. Founded in 2014, Triple Five’s assets are located in west central Alberta, where the company has a 100% working interest in 20 contiguous sections of land (approximately 12,800 net acres) in the Spirit River zone. Triple Five is currently producing approximately 3,800 barrels of [...]

CALGARY, August 7, 2018 – Crown Capital Partners Inc. (“Crown” or the “Corporation”) (TSX: CRWN), which provides growth capital to successful mid-market companies, today announced that its Board of Directors has declared a dividend of $0.15 per common share, payable on August 31, 2018 to all shareholders of record as of the close of business on August 17, 2018. This dividend is designated by the Company to be an “eligible dividend” pursuant to subsection 89(14) of the Income Tax Act (Canada) and any applicable provincial or territorial legislation pertaining to eligible dividends. Shareholders with questions regarding the tax treatment of dividends should consult with their own tax [...]

CALGARY, July 25, 2018 – Crown Capital Partners Inc. (“Crown” or “the Company”) (TSX: CRWN), which provides growth capital to successful mid-market companies, today announced it will host a conference call to discuss its 2018 second quarter financial results on August 8, 2018 at 8:30 a.m. EDT. The call will be hosted by Chris Johnson, President and Chief Executive Officer, and Michael Overvelde, Chief Financial Officer. Crown will issue its financial results on the morning of August 8, 2018. CONFERENCE CALL DETAILS DATE: Wednesday, August 8, 2018 TIME: 8:30 a.m. EDT DIAL IN NUMBER: (416) 764-8682 or (888) 390-0549 CONFERENCE ID: [...]

CALGARY, July 16, 2018 – Crown Capital Partners Inc. (“Crown” or the “Corporation”) (TSX: CRWN), which provides growth capital to successful mid-market companies, today announced that it has completed a $75 million upsizing of Crown Capital Partner Funding LP (“CCPF LP” or the “Fund”), which was previously named Crown Capital Fund IV, LP, bringing the current total committed capital to $300 million. Crown also announced that the investment period of the Fund was extended to the end of 2019, with provisions to further extend the investment period with the approval of limited partners, and also increased the maximum size of the Fund [...]

New fund will capitalize on demand for lower-cost, reliable electricity supply Provides significant new market and growth opportunity for Crown   CALGARY, June 28, 2018 – Crown Capital Partners Inc. (“Crown” or the “Corporation”) (TSX: CRWN), which provides growth capital to successful mid-market companies, today announced the launch of Crown Capital Power LP (“Crown Power” or “the Fund”), a new fund managed by Crown that intends to provide investors with attractive, utility-like income through the direct ownership of Integrated Energy Platforms (“IEPs”) that provide electricity under long-term contracts to mid to large-scale electricity users, such as manufacturers, hotels, and condominiums. IEPs are [...]

CALGARY, June 20, 2018 – Crown Capital Partners Inc. (“Crown” or the “Corporation”) (TSX: CRWN), which provides growth capital to successful mid-market companies, today announced the full repayment by Petrowest Corporation (“Petrowest”) of a special situations loan made by Crown Capital Fund IV, LP (“CCF IV”), an investment fund managed by Crown and in which Crown holds a 36.5% interest. CCF IV advanced $15 million to Petrowest in September 2015. As part of a financial restructuring, CCF IV and a syndicate partner advanced an additional $12 million to Petrowest in May 2017.  Petrowest was placed into receivership by its creditors in August [...]

Calgary, Alberta – (June 13, 2018) — Crown Capital Partners Inc. (“Crown” or the “Company”) (TSX: CRWN) announced today that it has closed its previously announced “bought deal” public offering of $20 million aggregate principal amount of 6.00% convertible unsecured subordinated debentures (the “Debentures”) due June 30, 2023 (the “Offering”). The Debentures will trade on the Toronto Stock Exchange under the symbol “CRWN.DB”. The Offering was co-led by BMO Capital Markets and National Bank Financial Inc. and included AltaCorp Capital Inc., CIBC World Markets Inc., Cormark Securities Inc., GMP Securities L.P., Raymond James Ltd. and TD Securities Inc. The [...]

Not for distribution to U.S. news wire services or dissemination in the United States. CALGARY, May 24, 2018 – Crown Capital Partners Inc. (“Crown” or the “Company”) (TSX: CRWN), announced today a public offering, on a “bought deal” basis, of $20 million principal amount of convertible unsecured subordinated debentures, at a price of $1,000 per debenture, with an interest rate of 6.00% per annum, payable semi-annually on the last day of June 30 and December 31 commencing on December 31, 2018 (the “Debentures”). The December 31, 2018 interest payment will represent accrued interest for the period from Closing to December 31, [...]

CALGARY, May 23, 2018 – Crown Capital Partners Inc. (“Crown”) (TSX: CRWN), which provides growth capital to successful mid-market companies, today announced the closing of a $10 million long-term loan (the “Agreement”) to WireIE (Canada) Inc. (“WireIE”), an Ontario-based Canadian network operator that specializes in the deployment and management of carrier-grade data networks across Canada and internationally to under-served communities in rural and remote areas. WireIE builds, owns, and operates the data networks for its blue-chip customers in the telecom carrier, oil and gas, utility, and government industries. Founded in 2007, WireIE’s core value proposition is to provide large telecom carriers [...]

CALGARY, May 17, 2018 – Crown Capital Partners Inc. (“Crown”) (TSX: CRWN), which provides growth capital to successful mid-market companies, today announced the closing of a $10 million, 10-year loan (the “Agreement”) with Mill Street & Co. Inc. (“Mill Street”), a Canadian diversified operating company, with small- to medium-size, privately held subsidiaries, primarily based in Southern Ontario. Mill Street provides successful entrepreneurs with a succession plan and liquidity by acquiring up to 100% of the entrepreneur’s business with the objective of creating value-added growth through a unique performance-based culture. Mill Street has ownership positions in nine operating companies in diversified sectors, [...]

CALGARY, May 16, 2018 – Crown Capital Partners Inc. (“Crown”) (TSX: CRWN), which provides growth capital to successful mid-market companies, today announced the closing of a $25.0 million term loan (the “Agreement”) to Persta Resources Inc. (“Persta”), a Calgary-based company engaged in natural gas and crude oil exploration and production, with a focus on natural gas. Founded in 2005, Persta is focused on long-term growth through exploration, development, production and acquisitions in the Western Canadian Sedimentary Basin. Persta was one of the first oil and gas companies to target the Spirit River/Wilrich zones in the Alberta foothills. Persta holds approximately 120,000 net [...]

CALGARY, May 9, 2018 – In accordance with Toronto Stock Exchange requirements, Crown Capital Partners Inc. (“Crown” or the “Corporation”) (TSX: CRWN), which provides growth capital to successful mid-market companies, announced the voting results from its Annual and Special Meeting of Shareholders held on May 8, 2018 in Toronto, Ontario. A total of 5,925,740 common shares, representing approximately 62.5% of the Corporation’s issued and outstanding common shares, were voted in connection with the meeting. Shareholders voted in favour of all items of business put forth. The votes for the election of directors are as follows: Motions % of Shares Voted For % [...]

CALGARY, May 8, 2018 – Crown Capital Partners Inc. (“Crown” or the “Corporation”) (TSX: CRWN), which provides growth capital to successful mid-market companies, today announced its financial results for the first quarter ended March 31, 2018. Crown’s complete financial statements and management’s discussion and analysis for the three-month period ended March 31, 2018 are available on SEDAR at www.sedar.com. Q1 2018 Financial & Operating Highlights Total revenue of $5.3 million (2017 – $6.8 million), including interest revenue of $5.6 million (2017 – $4.4 million) and fees and other income of $0.2 million (2017 – $0.5 million), offset by a net change [...]

CALGARY, May 8, 2018 – Crown Capital Partners Inc. (“Crown” or the “Corporation”) (TSX: CRWN), which provides growth capital to successful mid-market companies, today announced that its Board of Directors has declared a dividend of $0.15 per common share, payable on June 1, 2018 to all shareholders of record as of the close of business on May 18, 2018. This dividend is designated by Crown to be an “eligible dividend” pursuant to subsection 89(14) of the Income Tax Act (Canada) and any applicable provincial or territorial legislation pertaining to eligible dividends. Shareholders with questions regarding the tax treatment of dividends should consult with their own tax advisors. [...]

Financing supports acquisition of the Perennial Group of Companies CALGARY, May 1, 2018 – Crown Capital Partners Inc. (“Crown”) (TSX: CRWN), which provides growth capital to successful mid-market companies, today announced the closing of a $12.0 million term loan to DATA Communications Management Corp. (“DCM”) (TSX:DCM), a leading provider of integrated business communication solutions to companies across North America. Founded in 1959, DCM’s core capabilities include direct marketing, commercial print services, labels and asset tracking, event tickets and gift cards, logistics and fulfilment, content and workflow management, data management and analytics, and regulatory communications. The company serves clients in key vertical [...]

CALGARY, April 25, 2018 – Crown Capital Partners Inc. (“Crown” or the “Corporation”) (TSX: CRWN), which provides growth capital to successful mid-market companies, today announced the details of its 2018 first quarter financial results conference call and annual and special meeting of shareholders, which are being held on May 8, 2018. Q1 2018 CONFERENCE CALL DATE: Tuesday, May 8, 2018 TIME: 2:00 p.m. EST DIAL IN NUMBER: (647) 427-7450 or (888) 231-8191 CONFERENCE ID: 2177818 REPLAY: (416) 849-0833 or (855) 859-2056 Available until midnight (EST) May 15, 2018 WEBCAST: The audio webcast can be accessed at www.crowncapital.ca under Investor Relations or at https://bit.ly/2qZrqcZ [...]

CALGARY, April 5, 2017 – Crown Capital Partners Inc. (“Crown” or the “Corporation”) (TSX: CRWN), which provides growth capital to successful mid-market companies, today announced that it has received approval from the Toronto Stock Exchange (the “TSX”) to implement a normal course issuer bid (“NCIB”) for a 12-month period commencing April 10, 2018. This NCIB will follow the current NCIB, which ends on April 9, 2018 and under which Crown purchased 80,074 shares at a volume-weighted average price per share of $9.68 up to March 31, 2018. Under the terms of the NCIB, Crown will have the right to purchase up to [...]

Crown Capital Partners Assigned Issuer Rating by DBRS Limited CALGARY, March 28, 2018 – Crown Capital Partners Inc. (“Crown” or the “Corporation”) (TSX: CRWN), which provides growth capital to successful mid-market companies, today announced that DBRS Limited (DBRS) has assigned the Corporation a Long-Term Issuer Rating of BB (low) with a stable trend. This is Crown’s first rating by any credit rating agency. “This initial credit rating represents another milestone for Crown and supports our objective to build and diversify our capital sources to provide additional avenues for growth,” said Chris Johnson, President and CEO of Crown. “We continue to experience [...]

CALGARY, March 6, 2018 – Crown Capital Partners Inc. (“Crown” or the “Corporation”) (TSX: CRWN), which provides growth capital to successful mid-market companies, today announced the appointment of experienced financial services executive Larry Pollock to its Board of Directors. Mr. Pollock was appointed as a Director and President and Chief Executive Officer of Canadian Western Bank (“CWB”) in 1990, where he had a distinguished 23-year career. During his time as CEO, CWB’s market capitalization grew from $16 million to $2.3 billion and its assets increased to $17 billion by the time of his retirement in 2013. Mr. Pollock has extensive corporate [...]

CALGARY, March 2, 2018 – Crown Capital Partners Inc. (“Crown” or the “Corporation”) (TSX: CRWN), which provides growth capital to successful mid-market companies, today announced its financial results for the fourth quarter and year ended December 31, 2017. Crown’s complete financial statements and management’s discussion and analysis for the three- and twelve-month periods ended December 31, 2017 are available on SEDAR at www.sedar.com. 2017 Financial & Operating Highlights Total revenue of $29.0 million, an increase of 58% from $18.4 million in 2016. Net income, net of non-controlling interests, of $6.7 million (2016 – $5.1 million), or $0.71 per common share (basic) (2016 – [...]

Company”) (TSX: CRWN), which provides growth capital to successful mid-market companies, today announced it will host a conference call to discuss its 2017 fourth quarter and full-year financial results on March 2, 2018 at 8:30 a.m. EST. The call will be hosted by Chris Johnson, President and Chief Executive Officer, and Michael Overvelde, Chief Financial Officer. Crown will issue its financial results on the morning of March 2, 2018. CONFERENCE CALL DETAILS DATE:  Friday, March 2, 2018 TIME:  8:30 a.m. EST DIAL IN NUMBER:  (647) 427-7450 or (888) 231-8191 CONFERENCE ID:  2786778 REPLAY:  (416) 849-0833 or (855) 859-2056 Available [...]

Third dividend increase since February 2017 underscores continued growth of the portfolio and strong income generation CALGARY, February 6, 2018 – Crown Capital Partners Inc. (“Crown” or the “Corporation”) (TSX: CRWN), which provides growth capital to successful mid-market companies, today announced that its Board of Directors has declared a dividend of $0.15 per common share, payable on March 2, 2018 to all shareholders of record as of the close of business on February 16, 2018. This dividend represents an increase of 15% over Crown’s previous quarterly dividend of $0.13 per share. “Since the beginning of last year, we have increased the dividend three times for a [...]

Proceeds used to finance acquisition of Advantech Wireless Inc.’s RF and Microwave Divisions CALGARY, January 17, 2018 – Crown Capital Partners Inc. (“Crown”) (TSX: CRWN), which provides growth capital to successful mid-market companies, today announced the closing of a $33.0 million term loan (the “Agreement”) to Baylin Technologies Inc. (“Baylin”) (TSX: BYL), a global provider of innovative wireless antenna solutions with over 39 years of experience in designing, manufacturing and supplying antennas for the wireless infrastructure, networking and mobile markets. Headquartered in Toronto, Baylin maintains world-class R&D and engineering capabilities in Arizona, USA and Ottawa, Canada. Baylin is one of a [...]