On July 5, 2022, GCM Grosvenor (Nasdaq: GCMG) and Blue Wolf Capital Partners LLC (“Blue Wolf”) announced their acquisition of Hallcon Corporation (“Hallcon” or the “Company”), a leading North American provider of mission-critical transportation services and infrastructure, from Canadian private equity firm Novacap.
With Blue Wolf and GCM Grosvenor’s backing, the Company will be able to accelerate Hallcon’s expansion into new North American markets. The firms also intend to enhance the Company’s ability to scale its electric vehicle charging infrastructure to continue supporting the evolving needs of its customers that are transitioning to electric fleets.
GCM Grosvenor is a global alternative asset management solutions provider with approximately $71 billion in assets under management across private equity, infrastructure, real estate, credit, and absolute return investment strategies.
Blue Wolf Capital Partners LLC is a private equity firm that specializes in control investments in middle market companies.
Miller Thomson acted as Canadian counsel to GCM Grosvenor and Blue Wolf on the acquisition with a team led by Max Spearn (Corporate/M&A), and comprised Wuraola Dasylva, Madison Derraugh and Christopher Fallis (Corporate/M&A); Louis Amato-Gauci and Jaclyne Reive (Transportation Regulatory); David Reynolds and Nadim Elkommos (Financial Services); Eric Dufour and Reema Mahbubani (Competition); Neil Gurmukh and Andrew Etcovitch (Tax); Michelle MacGillivray and Greg Bush (Employment); Karen Durell (IP); Stuart Chaimberg (Real Estate); as well as Tamara Farber (Environmental).
