Business NewsMarketWire • Clairvest Invests in Discovery Air Inc.

Clairvest Invests in Discovery Air Inc.

Clairvest Invests in Discovery Air Inc.

TORONTO, ONTARIO--(Marketwire - Sept. 23, 2011) - Clairvest Group Inc. (TSX:CVG) ("Clairvest"), Clairvest Equity Partners IV Limited Partnership and Clairvest Equity Partners IV-A Limited Partnership (collectively, "CEP IV") and related funds announced today the closing of a $70-million investment in Discovery Air Inc. (TSX:DA) ("Discovery Air"). The investment will be allocated $22-million to Clairvest with the balance to funds managed by Clairvest and co-investors.

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