Universal Group Acquires Beacon Lite (Ottawa) Ltd. and Signebec

July 22, 2021

Universal Group, a portfolio company of CAI Capital Partners, has completed the strategic add-on acquisition of Beacon Lite (Ottawa) Ltd. and Signebec to expand its geographic footprint and create a national platform for traffic control services. CAI’s equity co-investors in the combined organization include BDC Capital, Roynat Equity Partners and Frind Enterprises; debt financing was provided by BMO, CIBC and Scotiabank. Beacon Lite’s leadership (Luc and Simon Lemay) will continue to lead the business and become shareholders of the combined organization.

Buyers
Universal Group, CAI Capital Partners, BDC Capital, Roynat Equity Partners, Frind Enterprises
Targets
Beacon Lite (Ottawa) Ltd., Signebec
Platforms
Universal Group
Industry
Transportation
Location
Ontario, Canada
Transaction Type
Addon

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