December 2024
Enterprise Group
Canaccord Genuity Acts as Lead-Left Bookrunner to Enterprise Group on its C$29 Million Bought Deal Offering of Common Shares
Canaccord Genuity is pleased to announce that on December 12, 2024, its client, Enterprise Group, Inc. ("Enterprise" or the "Company") (TSX: E) announced it successfully completed a bought deal offering of 15,131,585 common shares at C$1.90 per share for aggregate gross proceeds of C$28.8 million (the “Offering”). This included 1,973,685 shares sold pursuant to the exercise in full of the over-allotment option. Canaccord Genuity acted as lead-left bookrunner and co-lead underwriter in connection with the Offering.
Enterprise Group, Inc. is a Canadian company specializing in infrastructure site services and equipment rental for the resource, construction and infrastructure sectors. Through its subsidiaries, the Company offers specialty equipment rentals, including low emission natural gas turbine power units. Serving a large suite of blue-chip operators, the Company provides modular infrastructure site services such as power generation systems, lighting systems, medic worksite trailers, lavatories and housing solutions.