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US buy-out firm Bain Capital acquires Canadian discount retailer Dollarama

26/11/2004Source: AltAssets.  

Click here for the latest news, views and interviews in the clean energy investor communityUS buy-out firm Bain Capital has bought Canadian discount retailer Dollarama in a deal valued at almost $900m taking its number of deals this year to more than five. Financial terms of the deal have not been disclosed.

Dollarama specialises in goods sold for one dollar and has more than 350 stores.

Bain Capital, the US buy-out firm that was set up by Bain & Company consultants in 1984, closed its eighth buy-out fund earlier this year with commitments of more than $4bn. The firm also has extensive experience of investing in Canada.

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