Hellman & Friedman Get Minority Share in CarProof
Canada's national car history provider, CarProof publicly announced the sale of a minorityshare to private-equity company Hellman & Friedman. The San Francisco based company has offices in London and in New York.
Patrick Healy, CEO of Hellman & Friedman had said "CarProof is at the intersection of two areas of expertise for Hellman & Friedman - investing in world class data and information services businesses and partnering with exceptional business leaders like Paul Antony and his co-founders through minority investments"
Paul Antony, mastermind behind CarProof had said that Hellman & Friedman extends to a variety of industries, creating a fantastic track record of partnerships as well as the scaling of prominent franchises.
Esteemed global investment banking firm Jefferies LLC served as a financial advisor CarProof. The vehicle histopry provider has bagged many awards namely 50 Most Managed Companies in Canada (2011 and 2012), Deloitte's 2011 and 2012 Technology Fast 500TM and Fast 50TM Awards. The company is a bilingual vehicle history reporter which produces accurate and up-to-date information on used vehicles.