CDPQ to Buy Stake in Supply Chain Monitoring Firm QIMA (1)

Caisse de Depot et Placement du Quebec has agreed to buy a minority stake in supply chain compliance provider QIMA.

The Canadian pension fund is acquiring the stake in QIMA from Asia-focused private equity firm Navis Capital Partners, according to a statement on Wednesday, which confirmed an earlier Bloomberg News report. Terms weren’t disclosed.

CDPQ is investing around $250 million in Hong Kong-based QIMA, people familiar with the matter said, asking not to be identified because the information is private.

QIMA, which is majority owned by its chief executive officer, Sebastien Breteau, helps companies monitor their supply ...