お知らせ • Apr 25
Investor group led by Warburg Pincus LLC and Goodview Capital Corp completed the acquisition of ECN Capital Corp. (TSX:ECN). Investor group led by Warburg Pincus LLC and Goodview Capital Corp signed a definitive agreement to acquire ECN Capital Corp. (TSX:ECN) for approximately CAD 940 million on November 13, 2025. 281.479009 million common shares of the Company will be acquired at CAD 3.10 per share, paid in cash. 3.7124 million Series C cumulative 5-year minimum rate reset preferred shares will be purchased at CAD 26.00 per share, in cash. 27.45 million Series E mandatory convertible preferred shares will also be purchased at CAD 3.10 per share, in cash. The transaction will be financed from equity commitment and debt financing. A termination fee of CAD 35.4 million would be payable by ECN Capital in certain circumstances, including in the context of a superior proposal supported by the Company. A reverse termination fee of CAD 53.1 million would be payable to the Purchaser if the Transaction is not completed in certain circumstances.
The transaction is subject to approval by regulatory board, approval of offer by target shareholders and subject to court approval. The transaction has been unanimously approved by the Special Committee and ECN Capital’s Board of Directors. The Board of Directors of ECN Capital Corp. formed a special committee for the transaction. The Transaction is expected to close in the first half of 2026. As of January 20, 2026, ECN Capital shareholders approved the transaction. Completion of the Arrangement remains subject to other customary conditions including receipt of a final order from the Ontario Superior Court of Justice (Commercial List) (the "Final Order") and certain key regulatory approvals. The anticipated hearing date for the Final Order is January 22, 2026. As of January 22, 2026, ECN Capital has obtained a final order from the Ontario Superior Court of Justice. As of February 26, 2026, ECN Capital is actively engaged in obtaining the necessary approvals for the transaction and progress is tracking to closing early in the second quarter of 2026.
CIBC Capital Markets acted as financial advisor for ECN Capital Corp. CIBC World Markets, Inc. acted as fairness opinion provider for ECN Capital Corp. Blake, Cassels & Graydon LLP and Baker & Hostetler LLP acted as legal advisors to ECN Capital Corp. RBC Capital Markets, LLC also acted as financial advisor to ECN Capital Corp. Macquarie Capital, BMO Capital Markets and Truist Securities acted as financial advisors to the Purchaser Group led by Warburg Pincus LLC. Stikeman Elliott LLP; Mark F. Veblen, Michael J. Schobel, Joshua M. Holmes and Ian Boczko of Wachtell, Lipton, Rosen & Katz LLP; Eric Wedel, Ben Steadman, Charles Pesant, Timothy Cruickshank, Caroline Epstein and Christodoulos Kaoutzanis of Paul, Weiss, Rifkind, Wharton & Garrison LLP, and Mayer Brown LLP acted as legal advisors to the Purchaser Group. Computershare Investor Services LLC acted as transfer agent to ECN Capital Corp. Carson Proxy Advisors Ltd acted as proxy solicitor to ECN Capital Corp and will receive a fee of CAD 0.05 million. Josh Zelig, Lisa Collier of Paul Hastings Advises Financing Sources for Warburg Pincus.
Investor group led by Warburg Pincus LLC and Goodview Capital Corp completed the acquisition of ECN Capital Corp. (TSX:ECN) on April 24, 2026. As a result of the completion of the Arrangement, it is expected that the Common Shares and Series C Preferred Shares will be de-listed from the Toronto Stock Exchange. Lawrence Krimke has been appointed as Chief Executive Officer. Sean Milne has been appointed as Chief Executive Officer. お知らせ • Feb 27
ECN Capital Corp. Declares A Quarterly Dividend, Payable on March 31, 2026 ECN Capital Corp.'s Board of Directors has authorized and declared a quarterly dividend of CAD 0.01 per outstanding common share to be paid on March 31, 2026, to shareholders of record at the close of business on March 20, 2026. お知らせ • Nov 07
ECN Capital Corp. to Report Q3, 2025 Results on Nov 12, 2025 ECN Capital Corp. announced that they will report Q3, 2025 results After-Market on Nov 12, 2025 お知らせ • Aug 08
ECN Capital Corp. Declares Quarterly Dividend, Payable on October 1, 2025 ECN Capital Corp.'s Board of Directors has authorized and declared a quarterly dividend of CAD 0.01 per outstanding common share to be paid on October 1, 2025, to shareholders of record at the close of business on September 12, 2025. お知らせ • Jul 26
ECN Capital Corp. to Report Q2, 2025 Results on Aug 07, 2025 ECN Capital Corp. announced that they will report Q2, 2025 results After-Market on Aug 07, 2025 お知らせ • May 09
ECN Capital Corp. Declares Quarterly Dividend, Payable on June 30, 2025 ECN Capital Corp. announced that its Board of Directors has authorized and declared a quarterly dividend of CAD 0.01 per outstanding common share to be paid on June 30, 2025 to shareholders of record at the close of business on June 13, 2025. お知らせ • Apr 23
ECN Capital Corp. to Report Q1, 2025 Results on May 08, 2025 ECN Capital Corp. announced that they will report Q1, 2025 results After-Market on May 08, 2025 お知らせ • Apr 01
ECN Capital Corp., Annual General Meeting, May 22, 2025 ECN Capital Corp., Annual General Meeting, May 22, 2025. お知らせ • Feb 28
ECN Capital Corp. Declares A Quarterly Dividend, Payable on March 31, 2025 ECN Capital Corp.’s Board of Directors has authorized and declared a quarterly dividend of CAD 0.01 per outstanding common share to be paid on March 31, 2025 to shareholders of record at the close of business on March 20, 2025. お知らせ • Feb 18
ECN Capital Corp. to Report Q4, 2024 Results on Feb 27, 2025 ECN Capital Corp. announced that they will report Q4, 2024 results After-Market on Feb 27, 2025 お知らせ • Oct 19
ECN Capital Corp. to Report Q3, 2024 Results on Nov 07, 2024 ECN Capital Corp. announced that they will report Q3, 2024 results After-Market on Nov 07, 2024 お知らせ • Aug 09
ECN Capital Corp. announces Quarterly dividend, payable on October 01, 2024 ECN Capital Corp. announced Quarterly dividend of CAD 0.0100 per share payable on October 01, 2024, ex-date on September 13, 2024 and record date on September 13, 2024. お知らせ • Aug 08
ECN Capital Corp. (TSX:ECN) agreed to acquire 54% stake in Paramount Capital Group, Inc. for $5.4 million. ECN Capital Corp. (TSX:ECN) agreed to acquire 54% stake in Paramount Capital Group, Inc. for $5.4 million on July 24, 2024. Consideration is comprised of cash consideration of $4.5 million and deferred contingent consideration of $0.9 million, subject to final working capital adjustments. The transaction is subject to receipt of required state regulatory approvals and is expected to close in the third quarter of 2024. お知らせ • Jul 17
ECN Capital Corp. to Report Q2, 2024 Results on Aug 07, 2024 ECN Capital Corp. announced that they will report Q2, 2024 results After-Market on Aug 07, 2024 お知らせ • Apr 28
ECN Capital Corp. to Report Q1, 2024 Results on May 09, 2024 ECN Capital Corp. announced that they will report Q1, 2024 results After-Market on May 09, 2024 お知らせ • Mar 29
ECN Capital Corp., Annual General Meeting, May 23, 2024 ECN Capital Corp., Annual General Meeting, May 23, 2024. お知らせ • Mar 22
BharCap Partners, LLC acquired Red OAK Inventory Finance, LLC from ECN Capital Corp. (TSX:ECN). BharCap Partners, LLC acquired Red OAK Inventory Finance, LLC from ECN Capital Corp. (TSX:ECN) on February 21, 2024. The net proceeds from the transaction were initially used to pay down debt under the Company’s credit facility and are expected to be available to be redeployed into ECN’s manufactured housing and RV & Marine origination platforms. As part of the transaction, RBC Capital Markets acted as financial advisor and Cravath, Swaine & Moore LLP acted as legal advisor to the ECN Capital Corp.BharCap Partners, LLC completed the acquisition of Red OAK Inventory Finance, LLC from ECN Capital Corp. (TSX:ECN) on February 21, 2024. お知らせ • Mar 08
ECN Capital Corp. to Report Q4, 2023 Results on Mar 21, 2024 ECN Capital Corp. announced that they will report Q4, 2023 results After-Market on Mar 21, 2024 お知らせ • Nov 15
ECN Capital Corp. Declares Quarterly Dividend, Payable on January 2, 2024 ECN Capital Corp. Board of Directors has authorized and declared a quarterly dividend of CAD 0.01 per outstanding common share to be paid on January 2, 2024 to shareholders of record at the close of business on December 15, 2023. お知らせ • Nov 09
ECN Capital Corp. to Report Q3, 2023 Results on Nov 13, 2023 ECN Capital Corp. announced that they will report Q3, 2023 results After-Market on Nov 13, 2023 お知らせ • Aug 09
ECN Capital Corp. to Report Q2, 2023 Results on Aug 14, 2023 ECN Capital Corp. announced that they will report Q2, 2023 results at 4:00 PM, US Eastern Standard Time on Aug 14, 2023 お知らせ • May 18
ECN Capital Corp. Declares Quarterly Dividend, Payable on June 30, 2023 ECN Capital Corp.'s Board of Directors has authorized and declared a quarterly dividend of CAD 0.01 per outstanding common share to be paid on June 30, 2023 to shareholders of record at the close of business on June 15, 2023. These dividends are designated to be eligible dividends for purposes of section 89(1) of the Income Tax Act (Canada). お知らせ • May 05
ECN Capital Corp. to Report Q1, 2023 Results on May 15, 2023 ECN Capital Corp. announced that they will report Q1, 2023 results After-Market on May 15, 2023