Industrials

The deal is part of Kele's expansion strategy as provider of industrial products, says Stephens director Jones.

Polar previously received backing from Bioindustrial Innovation Canada, MaRS IAF and ArcTern Ventures.

The target Precision is Neighborly's fifth acquisition of 2020.

The Tilley family will continue to retain a significant ownership stake and involvement in the company.

Little Giant represents IOP's seventh platform investment in Industrial Opportunity Partners III L.P.