Cable / Telecom News

DERYtelecom successor backed by La Caisse, Capital croissance PME and BDC Capital

MONTREAL – Quebec-based regional communication company DERYtelecom has received $15 million from Caisse de dépôt et placement du Québec, Capital croissance PME (CCPME) and BDC Capital to facilitate a transfer of ownership within the company.La Caisse, Capital croissance PME – an investment fund capitalized in equal shares by la Caisse and Capital régional et coopératif Desjardins – and BDC Capital are each investing $5 million in the form of subordinated debt, the companies announced late Friday."This investment is the implementing of a transfer process ensuring DERYtelecom's sustainability as a regional company, at a time where other Québec enterprises are being transferred...