On October 20, 2025, Cynosure Private Equity, a leading U.S. private equity firm, announced its new shareholder and deal arrangements in respect of a nearly $400-million secondary minority common equity investment from Kelso & Company, a leading U.S. private equity firm, into Wellington Altus. Upon completion, Kelso will acquire a 25% minority stake in Wellington-Altus in a common equity transaction, confirming an enterprise value of more than $1.5 billion. The transaction marks a significant milestone in Wellington-Altus’ growth strategy, validating its business model and positioning the company for continued long-term expansion.
Founded in 2014, the Cynosure Group is a Utah-based private equity and asset management firm that focuses on buyout, debt and growth equity related strategy.
Osler, Hoskin & Harcourt LLP advised Cynosure Private Equity with a team led by Ricco A.S. Bhasin and consisting of Ben Fickling, Rob Valentini and Jess Redmond (Corporate).
Key Contact
Partner, Corporate, Toronto
Team
Associate, Corporate, Toronto
Associate, Corporate, Toronto
Associate, Corporate, Toronto
