Press Releases

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 [...]

CALGARY, January 9, 2018 – Crown Capital Partners Inc. (“Crown”) (TSX: CRWN), which provides growth capital to successful mid-market companies, today announced that Chris Johnson, Crown’s President & CEO, will present at the AltaCorp Capital / ATB Corporate Financial Services 6th Annual Institutional Investor Conference in Toronto. Crown’s fireside chat is scheduled for January 11, 2018 at 2:50 p.m. EST and will also be webcast live at www.meetview.com/AltaCorp-ATB2018. ABOUT CROWN Crown (TSX: CRWN) is a specialty finance company focused on providing capital to successful Canadian and select U.S. companies that are unwilling or unable to obtain suitable financing from traditional capital providers [...]

CALGARY, December 29, 2017 – Crown Capital Partners Inc. (“Crown” or “the Corporation”) (TSX: CRWN), which provides growth capital to successful mid-market companies, today announced the closing of a $8.0 million term loan (the “Agreement”) with Canadian Helicopters Limited (“Canadian Helicopters”), which is part of the HNZ Group of Companies (“HNZ”) (TSX: HNZ), an international provider of helicopter transportation and related support services. Canadian Helicopters is the largest helicopter transportation services company in Canada with a network of 11 strategically located fixed bases to support operations throughout the country. Canadian Helicopters owns and operates 91 light, medium, and heavy lift helicopters. [...]

CALGARY, December 21, 2017 – Crown Capital Partners Inc. (“Crown” or “the Corporation”) (TSX: CRWN), which provides growth capital to successful mid-market companies, today announced the closing of a $7.0 million term loan (the “Agreement”) with Active Exhaust Corp. (“Active”). Active manufactures complete exhaust systems and components for major global original equipment manufacturers (“OEMs”) operating in the off-road equipment sector, primarily in the agricultural, construction and turf care markets. Active is headquartered in Toronto and has manufacturing operations in Toronto, as well as China and India through majority-owned joint ventures. Active has a diverse group of blue-chip OEM customers, including [...]

CALGARY, November 17, 2017 – Crown Capital Partners Inc. (“Crown” or the “Corporation”) (TSX: CRWN), which provides growth capital to successful mid-market companies, today announced the repayment by Medicure Inc. (“Medicure”) (TSXV: MPH) of a special situations loan managed by Crown. Medicure is a pharmaceutical company focused on the development and commercialization of therapeutics for the U.S. cardiovascular market.  Crown arranged a $60.0 million, four-year term loan to Medicure in November 2016, of which Crown Capital Fund IV, LP (“Crown IV LP”), an investment fund managed by Crown in which Crown holds a 36.5% interest, advanced $30 million, with the remaining $30 [...]

Crown Capital Partners Announces Financial Results for Q3 2017 CALGARY, November 8, 2017 – 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 third quarter ended September 30, 2017. Crown’s complete financial statements and management’s discussion and analysis for the three- and nine-month periods ended September 30, 2017 are available on SEDAR at www.sedar.com. Q3 2017 Financial & Operating Highlights Total revenue increased to $5.6 million (2016 – $2.9 million) in Q3 and $20.1 million (2016 – $12.9 million) for the fiscal year to date. Q3 2017 [...]

CALGARY, November 7, 2017 – 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 $0.13 per common share, payable on December 1, 2017 to all shareholders of record as of the close of business on November 17, 2017. 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, November 3, 2017 – Crown Capital Partners Inc. (“Crown”) (TSX: CRWN), which provides growth capital to successful mid-market companies, today provided an update on the restructuring of Petrowest Corporation (“Petrowest”) (TSX:PRW). Crown Capital Fund IV, LP (“Crown IV LP”) and a syndicate partner have a total of $27 million of loans outstanding to Petrowest, $25 million of which is due to Crown IV LP. Crown has an effective interest of approximately 36.5% in Crown IV LP. Since the application for receivership on August 15, 2017 and appointment of Ernst & Young Inc. (“EY”) as court-appointed receiver, substantially all the assets of [...]

CALGARY, October 20, 2017 – 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 2017 third quarter financial results on November 8, 2017 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 November 8, 2017. CONFERENCE CALL DETAILS DATE:  Wednesday, November 8, 2017 TIME:  8:30 a.m. EST DIAL IN NUMBER:  (647) 427-7450 or (888) 231-8191 CONFERENCE ID: [...]

CALGARY, August 15, 2017 – Crown Capital Partners Inc. (“Crown” or the “Corporation”) (TSX: CRWN), which provides growth capital to successful mid-market companies, today commented on the recent announcement by Petrowest Corporation (“Petrowest”) (TSX:PRW) that its banking syndicate have provided a notice demanding immediate repayment of all amounts owing under the credit facilities. Petrowest also announced that its Board of Directors have consented to the appointment of a receiver. Crown supports the application for receivership and plans to work with the receiver to maximize the proceeds for all Petrowest stakeholders. Key to the successful recovery of Crown’s loans is the maintenance of [...]

Strong transaction activity in the quarter drives significant growth in interest revenue and fees CALGARY, August 9, 2017 – 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 second quarter ended June 30, 2017. Crown’s complete financial statements and management’s discussion and analysis for the three- and six-month periods ended June 30, 2017 are available on SEDAR at www.sedar.com. Q2 2017 Financial & Operating Highlights Total revenue increased to $7.7 million (2016 – $5.0 million), including interest revenue of $5.6 million, fees and other income of $3.1 [...]

CALGARY, August 8, 2017 – 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 $0.13 per common share, payable on September 1, 2017 to all shareholders of record as of the close of business on August 18, 2017. This dividend represents an increase of more than 8% over Crown’s previous quarterly dividend of $0.12 per share. “As we continue to put capital to work and expand the portfolio, we are building a strong base of interest revenue and this has enabled us to increase the [...]

CALGARY, July 24, 2017 – 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 2017 second quarter financial results on August 9, 2017 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 August 9, 2017. CONFERENCE CALL DETAILS DATE:                                     Wednesday, August 9, 2017 TIME:                                      8:30 a.m. EST DIAL IN NUMBER:            [...]

CALGARY, July 14, 2017 – Crown Capital Partners Inc. (“Crown” or “the Corporation”) (TSX: CRWN), which provides growth capital to successful mid-market companies, today announced it has completed a $50 million closing for Crown Capital Fund IV, LP. (“Crown IV LP” or the “Fund”), bringing the current total capital committed to the Fund to $225 million. To date, $190 million has been invested by the Fund in nine transactions, and, net of repayments, $167 million is currently invested. “This upsizing further underscores the quality of our growing portfolio and the strong demand from our institutional limited partners,” said Chris Johnson, Crown’s [...]

Fund generated a gross IRR of 24% CALGARY, July 10, 2017 – Crown Capital Partners Inc. (“Crown” or the “Corporation”) (TSX: CRWN), which provides growth capital to successful mid-market companies, today announced that Norrep Credit Opportunities Fund II, LP and Norrep Credit Opportunities Fund II (Parallel), LP (collectively, “NCOF II”) have been closed following the recent repayment of the special situations loan to CRH Medical Corporation, which represented the final remaining investment in NCOF II.  Crown was the manager of NCOF II and held a 53.6% interest in aggregate. NCOF II was established in 2012, closed its first loan in December 2012 [...]

CALGARY, July 6, 2017 – Crown Capital Partners Inc. (“Crown” or the “Corporation”) (TSX: CRWN), which provides growth capital to successful mid-market companies, today announced the disposition of all the common shares of Distinct Infrastructure Group Inc. (“Distinct”) (TSXV: DUG) held by Crown Capital Fund IV, LP, an investment fund managed by Crown and in which Crown holds a 35% interest. The share disposition resulted in net proceeds of approximately $1.4 million. The realized Gross IRR on the Distinct investment was 19.8%. Crown arranged a $20.0 million, five-year term loan to Distinct in November 2015 to support the company’s growth. On May [...]

CALGARY, June 27, 2017 – Crown Capital Partners Inc. (“Crown” or “the Corporation”) (TSX: CRWN), which provides growth capital to successful mid-market companies, today announced the closing of a $25 million term loan (the “Agreement”) with Ferus Inc. (“Ferus”). Headquartered in Calgary, Ferus provides a dedicated supply of energized fluids (liquid nitrogen and liquid carbon dioxide), as well as the related logistical and operational services to deliver those products and frac sand to customers in the energy industry. The company is the leading provider of industrial gases to the Canadian energy market where its products are integral to the energized hydraulic [...]

CALGARY, June 26, 2017 – Crown Capital Partners Inc. (“Crown” or the “Corporation”) (TSX: CRWN), which provides growth capital to successful mid-market companies, today announced the repayment by CRH Medical Corporation (“CRH”) of a special situations loan managed by Crown. Based in Vancouver, CRH is a North American company focused on providing gastroenterologists throughout the United States with innovative services and products for the treatment of gastrointestinal diseases. Crown arranged a $22.5 million, 42-month term loan to CRH Medical in December 2014 to support the company’s acquisition of Gastroenterology Anesthesia Associates, LLC. “CRH has been an outstanding client and performer, increasing both its EBITDA and [...]

CALGARY, May 31, 2017 – Crown Capital Partners Inc. (“Crown” or “the Corporation”) (TSX: CRWN), which provides growth capital to successful mid-market companies, today announced the closing of a $30 million special situations term loan (the “Agreement”) with Marquee Energy Ltd. (“Marquee”) (TSXV: MQX). Marquee is a Calgary-based company engaged in the acquisition, exploration, development and production of petroleum and natural gas reserves focused in western Canada. Marquee’s primary assets are located in the Michichi area of southern Alberta. The company has current production of approximately 2,800 barrels of oil equivalent production per day (“boepd”), of which approximately 57% is natural gas [...]

CALGARY, May 26, 2017 – Crown Capital Partners Inc. (“Crown” or the “Corporation”) (TSX: CRWN), which provides growth capital to successful mid-market companies, today announced the repayment by Distinct Infrastructure Group Inc. (“Distinct”) of a special situations loan managed by Crown. Headquartered in Toronto, Distinct is a turnkey solutions firm providing design, engineering, construction and maintenance services to telecommunication firms, utilities and government bodies. Crown arranged a $20.0 million, five-year term loan to Distinct in November 2015 to support the company’s growth. “Distinct has done an excellent job of growing its business and creating value, by capitalizing on the growing market demand for [...]

CALGARY, May 23, 2017 – Crown Capital Partners Inc. (“Crown” or the “Corporation”) (TSX: CRWN), which provides growth capital to successful mid-market companies, today announced that Crown Capital Fund IV, LP (“Crown IV LP”), an investment fund managed by Crown in which Crown holds a 35% interest, has amended its $15.0 million term loan agreement with Petrowest Corporation (“Petrowest”) (TSX: PRW) and completed a new $12.0 million bridge loan with the company. The amended $15.0 million term loan bears a fixed interest rate of 12% per annum, compounded and payable monthly, and matures in 36 months. In addition, Crown IV LP will [...]

Crown also announces appointment of Michael Overvelde as Chief Financial Officer CALGARY, May 9, 2017 – 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, 2017. Crown’s complete financial statements and management’s discussion and analysis for the three-month period ended March 31, 2017 are available on SEDAR at www.sedar.com. Q1 2017 Financial & Operating Highlights Revenue increased to $6.8 million (2016 – $5.1 million), including interest revenue of $4.4 million, fees and other income of $0.5 million, and net change in unrealized gains [...]