Osprey Capital Partners facilitated the successful acquisition of Mosaic Capital Corporation by 2356430 Alberta Inc., backed by MCC Holdings and Fairfax Financial, for CAD 5.50 per share, totaling approximately CAD 277.3 million.

Information on the Target

Mosaic Capital Corporation (TSXV: M) (TSXV: M.DB) is a prominent Canadian investment firm that oversees a diverse portfolio of established businesses across various industries and geographic regions. The company's strategic focus lies in generating long-term value for its shareholders through accretive acquisitions, sustained cash flows, and organic growth of its portfolio. Recently, Mosaic Capital was acquired by 2356430 Alberta Inc., a company controlled by MCC Holdings Ltd. and certain affiliates of Fairfax Financial Holdings Limited.

The acquisition, finalized on August 5, 2021, involved the purchase of all outstanding common shares of Mosaic for CAD 5.50 per share, culminating in a consolidated enterprise value of approximately CAD 277.3 million, inclusive of debt. The shares and debentures of Mosaic were subsequently delisted from the TSX Venture Exchange effective the same day.

Industry Overview in Canada

The Canadian investment landscape is characterized by a dynamic array of sectors, including technology, healthcare, energy, and natural resources. Despite challenges in recent years, the industry remains robust, propelled by strong investor in