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BIG DEAL: Doughty Hanson invests $3 million in Eguana Technologies Inc.

Feb 07, 2019

Eguana Technologies Inc. (“Eguana”) (TSXV: EGT), a publicly-listed world leader in design and manufacturing of high performance residential and commercial energy storage systems, issued 300,000 newly-created Series A First Preferred Shares (the “Series A Shares”) at $10.00 per share for aggregate gross proceeds of $3 million. The Series A Shares were purchased by Eguana’s largest shareholder, DHCT II Luxembourg SARL, an investment vehicle of funds managed by Doughty Hanson & Co Managers Limited.

Minden Gross LLP acted for Eguana on the transaction with a team led by Andrew Elbaz (Partner, Securities & Capital Markets) and Alex Katznelson (Associate, Securities & Capital Markets).