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Delavaco Capital and PowerOne Capital Markets Congratulate Tony Kanaan on Indy 500 Victory

May 31 2013 12:00AM

Marketwire

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TORONTO, ONTARIO -- (Marketwired) -- 05/31/13 -- Editor's note: There is one photo associated with this press release.

The Delavaco Group ("Delavaco") and PowerOne Capital Markets Limited ("PowerOne") are thrilled to congratulate their driver IndyCar Superstar Tony Kanaan ("TK") on his Indianapolis 500 victory. Longtime supporters of Tony Kanaan, Delavaco and PowerOne joined the team as sponsors in 2012.

The 97th installment of the Indianapolis 500 certainly lived up to its reputation as The Greatest Spectacle in Racing and was also arguably one of the most exciting editions of the prestigious event. Fans, drivers and teammates could not have dreamt of a more fitting scenario for Tony's to win his first Indianapolis 500. Under near perfect conditions, TK treated the hundreds of thousands of fans in attendance to a race which set records for fastest average speeds and number of lead changes.

"We are so proud of TK. He has always been a champion in our view, but this victory is the icing on the cake. Tony is a consummate professional, fierce competitor, gracious teammate and a good person. All these qualities shined brightly on Sunday and are the reason behind TK's success. We are extremely proud to support Tony as an ambassador of motor car racing at its highest level and as a friend," said Pat Di Capo, Managing Director of PowerOne.

"Delavaco has been sponsoring racing's fastest rising stars at various levels of the sport for the last six years, in both North America and Europe, from karting superstar Devlin DeFrancesco, GP3 and IndyCar rookie sensation Conor Daly, former F1 and now 4x Nascar race winner Nelson Piquet Jr and of course IndyCar Champion Tony Kanaan who's added the Indy 500 winner to his illustrious resume! TK is already considered IndyCar Royalty, but by capturing the Indy 500 win he's now elevated himself to an elite list with those considered the greatest of all time across the spectrum of motor car racing. It was truly incredible to hear the respect and fan support Tony received during the parade, in the paddock, and coming down the front straight of the race track. It's for these reasons we at Delavaco are beyond proud to be affiliated with Tony," said Andy DeFrancesco, Chairman and CEO of Delavaco.

About PowerOne:

PowerOne Capital Markets Limited is a fully integrated merchant bank dedicated to financing and providing advisory services to the natural resource sector globally. PowerOne and its principals have a depth of experience in representing, advising, and assisting small to medium cap companies in accessing capital, advising on mergers and acquisitions and managing emerging growth businesses. Since its inception in 2003, PowerOne has completed over 250 finance and advisory transactions, valued in excess of CDN $1.75 billion, for natural resource exploration and development. For more information about PowerOne visit: www.poweronecapital.com.

About The Delavaco Group:

Delavaco Group ("Delavaco") is a private equity and merchant banking firm focused on investments in the real estate, retail, and resources sectors. Delavaco's objective is to combine access to capital, industry expertise, and extensive capital markets experience to create significant value in its investment portfolio. Delavaco has a strong track record of forming and actively managing early stage enterprises and developing them into strong public companies with a solid management and financial foundation. Delavaco was founded in 2007 and since has funded or structured funding in excess of C$1 billion since its inception. For more information about Delavaco, visit: www.delavaco.com.

To view the photo associated with this press release, please visit the following link: http://www.marketwire.com/library/20130531-877598.jpg



Contacts:
Delavaco Group
www.delavaco.com

PowerOne Capital Markets Limited
www.poweronecapital.com





Source: Marketwire