Acquisition of Alias completed
Accel-KKR, the Ontario Teachers’ Pension Plan (Teachers’) and Alias management have announced the completion of the acquisition of Alias from SGI for US$57.5 million. Accel-KKR is a technology-focused private equity firm and Teachers’ is one of Canada’s largest pension plans with net assets of more than CDN$75 billion; it’s responsible for investing in assets and administering the pensions of Ontario’s 250,000 active and retired teachers.
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