RE:RE:Pvt Equity firm, Clarke..takles a 10% stake!!!!!After snooping around and going back to check the notes I've kept on Clarke since 2007, I don't think they were the Cormark buyer, they have never executed thru them. They have a strong relationship with CIBC+National Bank and occasional a block with BMO. I'd watch cadinsider like a hawk and would go back to the tape and decipher their executing brokers. These guys are not quick flippers, likely will take that up to 20-25% eventually.
The Cormark(73) buyer still hasn't gone over 10%, will be intersting to see. Nice to see Ewing Morris take a 15% stake in SDY.CN, based on their filing, they are looking to shake things up.
LuckyLuch wrote:
safe to say that Clarke was the buyer executing thru (73) Cormark since Aug of last year. Im very familiar with this outfit. They took a 10% stake in Bonnetts Energy Svcs in 2007 and worked it up to 25% by 2012 and forced the company to sell itself to a private equity shoppe in 2013.
They've mentioned since 2015 in their earnings releases of acquiring a protfolio of service names in Canada. I strongly believe that they have been buiding a stake in ESN as well. No proof, just very familiar with their style. A combination of the two would be most welcome.