Silicon Valley’s Versant raises $134 mln to help fill Canada’s biotech VC gap
Versant Ventures has secured about $134 million (US$100 million) in commitments for a new fund earmarked to finance Canada’s biotech startups. In a news release, the Silicon Valley venture capital firm...
View ArticleWind Point Partners-backed Pestell buys Targeted Pet Treats
Pestell Group has acquired Targeted Pet Treats (TPT), a Warren, Pennsylvania-based co-manufacturer of dental treats and long-lasting chews for pets. Terms weren’t disclosed. Based in New Hamburg,...
View ArticleOMERS’ Oxford wraps up $3.3 bln acquisition of Investa
Oxford Properties Group has closed its take-private acquisition of Investa Office Fund, a Sydney, Australia-based developer and manager of office buildings. The purchase price was about $3.3 billion...
View ArticleCPPIB joins first close of Northleaf Venture Catalyst Fund II
Northleaf Capital Partners has initially closed Northleaf Venture Catalyst Fund II (NVCF II), a fund of funds earmarked for investments in Canadian venture capital funds and technology companies. The...
View ArticlePSP Investments to exit minority stake in France’s Antelliq
Public Sector Pension Investment Board (PSP Investments) has agreed to sell its minority interest in Antelliq Corp, a Vitré, France-based provider of digital animal identification, traceability and...
View ArticleCI Financial to acquire majority of VC-backed WealthBar
CI Financial Corp (TSX: CIX) has agreed to acquire a majority stake in WealthBar Financial Services Inc, a Vancouver-based online wealth management and financial planning platform. No financials terms...
View ArticleCPPIB joins first close of Northleaf Venture Catalyst Fund II
Northleaf Capital Partners has initially closed Northleaf Venture Catalyst Fund II (NVCF II), a fund of funds earmarked for investments in Canadian venture capital funds and technology companies. The...
View ArticleGraham Partners invests in food manufacturer Giraffe
U.S. private equity firm Graham Partners has invested in Giraffe Foods Inc, a Toronto-based maker of custom sauces, marinades, dips and dressings. Terms weren’t disclosed for the deal, which saw Graham...
View ArticleCycle’s Pascal Drouin, Natalya Novikov become partners
Cycle Capital Management has promoted Pascal Drouin to partner, Natalya Novikov to partner and CFO, and Catherine Bérubé to vice president, sustainability, investor relations and public affairs....
View ArticleAutomated customer service Ada nabs $19 mln in Series A
Toronto-based automated customer service Ada has raised $19 million in a Series A financing. The round was led by U.S. venture capital firm FirstMark Capital. It was joined by Leaders Fund and Burst...
View ArticleCybersecurity startup Cybeats raises $3 mln in Ripple-led deal
Toronto-based cybersecurity provider Cybeats has secured $3 million in financing. Canadian early-stage venture capital firm Ripple Ventures led the deal, which builds on Cybeat’s pre-seed round in...
View ArticleNorthleaf invests in cross-border e-payment specialist PPRO
Northleaf Capital Partners has invested in PPRO Group, a London, U.K.-based cross-border e-payment specialist. No financial terms were disclosed. Founded in 2006, PPRO helps businesses accept more than...
View ArticleAutomated customer service Ada nabs C$19 mln in Series A
Toronto-based automated customer service Ada has raised C$19 million in a Series A financing. The round was led by FirstMark Capital. It was joined by Leaders Fund and Burst Capital, as well as...
View ArticleNTT DATA acquires Sierra Systems from Golden Gate Capital
NTT DATA Services has closed its acquisition of Sierra Systems Group Inc, a Vancouver-based information technology services and management consulting provider. Terms weren’t disclosed for the deal,...
View ArticleFreshly funded Clearbanc lands $67 mln more from Upper90
Clearbanc, a Toronto-based provider of marketing capital for e-commerce brands, has raised about $67 million (US$50 million) in follow-on financing. The investment was made by Upper90, the fund of...
View ArticleBellus Health closes $35 mln financing led by OrbiMed
Laval, Québec-based clinical-stage biopharmaceutical company Bellus Health Inc (TSX: BLU) has secured $35 million in an equity offering. The offering was led by U.S. healthcare investment firm OrbiMed....
View ArticleAmorChem spins out MyX Therapeutics, invests $450k
AmorChem has created MyX Therapeutics Inc, a Montréal-based mucosal delivery platform technology company. Along with transferring to the startup the rights to the technology, developed at the...
View ArticleLuxfer to buy Oaktree-owned Neo Performance for $824 mln
Luxfer Holdings PLC (NYSE: LXFR) has agreed to acquire Neo Performance Materials Inc (TSX: NEO), a Toronto-based maker of rare-earth and rare-metal-based functional materials used in advanced...
View ArticlePE-backed Vantage to buy 4Degrees Colocation for $259 mln
Vantage Data Centers has agreed to acquire 4Degrees Colocation, a data centre operator with facilities in Montréal and Québec City. The deal, expected to close in the weeks ahead, reflects a purchase...
View ArticleInstarAGF acquires U.S. aviation infrastructure assets for $450 mln
InstarAGF Asset Management has acquired jet fuel pipeline and terminal facilities serving U.S. airports from Buckeye Partners LP (NYSE: BPL). Terms weren’t disclosed; however, Buckeye, a U.S. oil...
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