Carmanah Technologies Corporation
Vance Street Capital has acquired Carmanah Technologies Corporation
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Vance Street Capital has acquired Carmanah Technologies Corporation. MNP Corporate Finance Inc. provided vendor due diligence services to Carmanah Technologies Corporation.
Transaction Brief
Carmanah Technologies Corporation (Carmanah) is a leading designer and manufacturer of compliant solar and AC-powered systems for pedestrian and traffic safety across North America. Since 1999, Carmanah has developed innovative, MUTCD-compliant “away from the intersection” safety solutions that offer the greatest performance and durability at the lowest cost of ownership. Carmanah designs systems for a variety of applications including mid-block crosswalks, school zones, traffic-calming, and general hazard marking.
Vance Street Capital (Vance Street) is a middle-market private equity firm focused on investing in highly engineered solutions businesses across the industrial technology, medical, life science, aerospace, and defense sectors. For more than two decades, Vance Street’s partners have worked with management teams and family owners to accelerate revenue growth, improve operations, and acquire strategic assets for the companies in their investment portfolio.