Press Releases

CALGARY, April 4, 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, 2017. This NCIB will follow the current NCIB, which ends on April 7, 2017 and under which Crown had purchased 23,578 shares up to March 31, 2017 at an average price per share of $9.174. Under the terms of the NCIB, Crown will have the right to purchase up to [...]

CALGARY, March 22, 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 fourth quarter and year ended December 31, 2016. Crown’s complete financial statements and management’s discussion and analysis for the three and twelve month periods ended December 31, 2016 and its 2016 annual information form are available on SEDAR at www.sedar.com.  2016 Financial & Operating Highlights Revenue of $18.4 million (2015 – $8.2 million), including interest revenue of $11.5 million, fees and other income of $3.8 million, net realized gain on sale of investments [...]

CALGARY, March 8, 2017 – Crown Capital Partners Inc. (“Crown” or the “Corporation”) (TSX: CRWN), which provides growth capital to successful mid-market companies, today announced the appointment of Michael Overvelde, CPA, CA, CFA, to the position of Senior Vice President, Finance. Mr. Overvelde has more than 25 years of experience in capital markets and accounting. Mr. Overvelde was most recently Vice President, Equity Research Analyst at Raymond James covering the Canadian Diversified Financials sector. His equity research experience also includes roles at TD Securities and UBS Securities Canada, covering companies in banking, insurance, and industrials. Mr. Overvelde previously spent approximately 10 [...]

CALGARY, March 1, 2017 – Crown Capital Partners Inc. (“Crown” or the “Corporation”) (TSX: CRN), which provides growth capital to successful mid-market companies, today announced that, effective Friday, March 3, 2017, its trading symbol on the Toronto Stock Exchange will change from “CRN” to “CRWN”. No action is required to be taken by current shareholders in connection with the change, and no change has been made to Crown’s share capital. Q4 2016 CONFERENCE CALL Crown also announced it will host a conference call to discuss its 2016 fourth quarter financial results on March 22, 2017 at 8:30 a.m. EST.  The call will [...]

CALGARY, February 28, 2017 – Crown Capital Partners Inc. (“Crown” or the “Corporation”) (TSX: CRN), which provides growth capital to successful mid-market companies, today announced the repayment by Corrosion Service Company Limited (“Corrosion”) of a special situations loan managed by Crown. Established in 1950, Corrosion is the second-largest corrosion engineering firm in Canada focused mainly on corrosion mitigation for the midstream energy industry. Crown arranged a $4.0 million, five-year loan to Corrosion in April 2015 to support a management buyout. Corrosion has prepaid this loan in full, including principal, interest and fees. “Corrosion has been an ideal client and performed well over [...]

CALGARY, February 2, 2017 – Crown Capital Partners Inc. (“Crown” or the “Corporation”) (TSX: CRN), which provides growth capital to successful mid-market companies, today announced that its Board of Directors has declared a dividend of $0.12 per common share, payable on March 2, 2017 to all shareholders of record as of the close of business on February 14, 2017. This dividend represents a 9% increase over Crown’s previous quarterly dividend of $0.11 per share. “The increased dividend reflects our success in building the portfolio over the past several quarters,” said Chris Johnson, President and CEO of Crown. “As we continue to execute on our growth plan, [...]

CALGARY, January 18, 2017 – Crown Capital Partners Inc. (“Crown” or “the Corporation”) (TSX: CRN), 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 $175 million. To date, $110 million has been invested by the Fund in six transactions. “This upsizing deepens our relationships with our institutional limited partners and is a clear testament to the quality of our growing portfolio,” said Chris Johnson, Crown’s President & CEO. “We continue to [...]

CALGARY, December 30, 2016 – Crown Capital Partners Inc. (“Crown”) (TSX: CRN), which provides growth capital to successful mid-market companies, today announced that it has entered an agreement for a $35.0 million senior secured revolving credit facility (“Credit Facility”) with Alberta Treasury Branches (“ATB”) and Business Development Bank of Canada (“BDC”). Crown will use the Credit Facility to fund investments in mid-market companies. “This new facility diversifies our sources of funding and increases our capacity to continue to build the portfolio while also enhancing returns for Crown’s shareholders,” said Chris Johnson, Crown’s President & CEO. “We value the support of ATB [...]

CALGARY, Dec. 2, 2016 – Crown Capital Partners Inc. (“Crown”) (TSX: CRN), 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 40% interest, has invested $15 million in a $130 million offering of senior secured first lien notes (the “Notes”) from Source Energy Services Canada LP and Source Energy Services Canada Holdings Ltd., (“Source”). Headquartered in Calgary, Source is a leading, vertically integrated provider of Northern White frac sand and logistical services to oil and natural gas producers focused in the Western Canadian Sedimentary Basin. [...]

CALGARY, November 18, 2016 – Crown Capital Partners Inc. (“Crown”) (TSX: CRN), which provides growth capital to successful mid-market companies, today announced the closing of a $60.0 million term loan (the “Agreement”) with Medicure Inc. (“Medicure”) (TSXV: MPH), a specialty pharmaceutical company focused on the development and commercialization of cardiac therapeutics for the U.S. hospital market. Headquartered in Winnipeg, Medicure’s lead product is Aggrastat®, which is marketed in the U.S. for non-ST elevation acute coronary syndrome. Medicure reports that sales of Aggrastat have been growing rapidly over the past several years, and the product now accounts for approximately 40% of the [...]

CALGARY, November 9, 2016 – Crown Capital Partners Inc. (“Crown” or the “Corporation”) (TSX: CRN), which provides growth capital to successful mid-market companies, today announced its financial results for the three and nine months ended September 30, 2016. Crown’s complete financial statements and management’s discussion and analysis for the third quarter of 2016 are available on SEDAR at www.sedar.com. Q3 2016 Financial & Operating Highlights Revenue of $2.9 million, including interest revenue of $3.0 million, fees and other income of $0.2 million, and net change in unrealized gains in fair value of investments of ($0.3) million. Adjusted EBIT1 of $1.5 million. Total comprehensive income, [...]

CALGARY, November 8, 2016 – Crown Capital Partners Inc. (“Crown”) (TSX: CRN), which provides growth capital to successful mid-market companies, today announced the signing in escrow of a $15.0 million term loan (the “Agreement”) with Touchstone Exploration Inc. (“Touchstone”) (TSX: TXP), a Calgary-based company engaged in acquiring interests in petroleum and natural gas rights, and the exploration, development, production and sale of petroleum and natural gas, with its primary focus in the Republic of Trinidad and Tobago. Touchstone is one of the largest independent onshore oil producers in Trinidad, with assets in several large, high-quality reservoirs that have significant total petroleum [...]

CALGARY, November 8, 2016 – Crown Capital Partners Inc. (“Crown” or the “Corporation”) (TSX: CRN), which provides growth capital to successful mid-market companies, today announced that its Board of Directors has declared a dividend of $0.11 per common share, payable on December 2, 2016 to all shareholders of record as of the close of business on November 17, 2016. 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 advisors. [...]

CALGARY, August 10, 2016 – Crown Capital Partners Inc. (“Crown” or the “Corporation”) (TSX: CRN), which provides growth capital to successful mid-market companies, today announced its financial results for the three and six months ended June 30, 2016. Crown’s complete financial statements and management’s discussion and analysis for the second quarter of 2016 are available on SEDAR at www.sedar.com. Q2 2016 Financial & Operating Highlights Revenue of $5.0 million, including fees and other income of $0.8 million, interest revenue of $2.6 million, and net change in unrealized gains in fair value of investments of $1.6 million. Adjusted EBIT1 of $3.0 million. Total comprehensive income, [...]

CALGARY, August 9, 2016 – Crown Capital Partners Inc. (“Crown” or the “Corporation”) (TSX: CRN), which provides growth capital to successful mid-market companies, today announced that its Board of Directors has declared a dividend of $0.11 per common share, payable on September 9, 2016 to all shareholders of record as of the close of business on August 29, 2016. 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 advisors. ABOUT [...]

CALGARY, July 28, 2016 – Crown Capital Partners Inc. (TSX: CRN), which provides growth capital to successful mid-market companies, today announced it will host a conference call to discuss its 2016 second quarter financial results on August 10, 2016 at 10:00 a.m. EST.  The call will be hosted by Chris Johnson, President and Chief Executive Officer, and Lyle Bolen, Chief Financial Officer.  The Company will issue its financial results on the morning of August 10, 2016. CONFERENCE CALL DETAILS DATE:  Wednesday, August 10, 2016 TIME:  10:00 a.m. EST DIAL IN NUMBER:  (647) 427-7450 or (888) 231-8191 CONFERENCE ID:  57686877 REPLAY:  (416) [...]

CALGARY, July 15, 2016 – Crown Capital Partners Inc. (“Crown” or “the Corporation”) (TSX: CRN), which provides growth capital to successful mid-market companies, today announced it has completed a $25 million closing for Crown Capital Fund IV, LP. (“Crown IV LP” or the “Fund”), bringing the current total capital committed to the Fund to $125 million. To date, $50 million has been invested in three transactions. Crown IV LP invests in Special Situations Financing transactions originated and managed by Crown. These consist of senior and subordinated loans with terms ranging from six months to five years, and are structured to limit [...]

CALGARY, June 3, 2016 – In accordance with Toronto Stock Exchange requirements, Crown Capital Partners Inc. (“Crown” or the “Corporation”) (TSX: CRN), which provides growth capital to successful mid-market companies, announced the voting results from its Annual General Meeting of Shareholders held on May 11, 2016 in Toronto, Ontario. A total of 7,046,411 common shares, representing 74.22% 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 % of [...]

CALGARY, May 25, 2016 – Crown Capital Partners Inc. (“Crown”) (TSX: CRN), which provides growth capital to successful mid-market companies, today announced the closing of a $15 million, five-year term loan agreement (the “Agreement”) with Bill Gosling Outsourcing Holding Corp. (“BGO”), formerly Allied Global Holdings Inc., a global provider of call center solutions to blue-chip clients. Headquartered in Newmarket, Ontario, BGO offers a full suite of customer contact solution services, including accounts receivable management, customer care, and customer sales & acquisition, and operates nine call centers in Canada, the U.S., the U.K. and Philippines. Founded in 1955, BGO’s key customers include [...]

CALGARY, May 11, 2016 – Crown Capital Partners Inc. (“Crown” or the “Corporation”) (TSX: CRN), which provides growth capital to successful mid-market companies, today announced its financial results for the three months ended March 31, 2016 (“Q1 2016”). Crown’s complete financial statements and management’s discussion and analysis for Q1 2016 are available on SEDAR at www.sedar.com. Q1 2016 Financial & Operating Highlights Revenue of $5.1 million, including fees and other income of $0.6 million, interest revenue of $2.4 million, net realized gain on sale of investments of $1.7 million, and net change in unrealized gains in fair value of investments of $0.4 million. [...]

CALGARY, April 27, 2016 – Crown Capital Partners Inc. (“Crown” or “the Company”) (TSX: CRN), today announced the details of its 2016 first quarter financial results conference call and annual meeting of shareholders, which are being held on May 11, 2016. Q1 2016 CONFERENCE CALL DATE:  Wednesday, May 11, 2016 TIME:  2:00 p.m. EST DIAL IN NUMBER:  (647) 427-7450 or (888) 231-8191 CONFERENCE ID:  94982204 REPLAY:  (416) 849-0833 or (855) 859-2056 Available until midnight (EST) May 18, 2016 WEBCAST:  The audio webcast can be accessed at www.crowncapital.ca under Investor Relations or at http://bit.ly/1UeXhA6 ANNUAL MEETING OF SHAREHOLDERS DATE:  Wednesday, May 11, [...]

CALGARY, April 22, 2016 – Crown Capital Partners Inc. (“Crown” or “the Company”) (TSX: CRN), which provides growth capital to successful mid-market companies, today announced that its Board of Directors has declared a dividend of $0.11 per common share, payable on May 20, 2016 to all shareholders of record as of the close of business on May 6, 2016. 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 [...]