BDC invests $8 mln in advanced materials maker Equispheres
Business Development Bank of Canada (BDC) has invested $8 million in Equispheres, an Ottawa-based advanced materials provider. BDC invested through the federal government’s $700 million clean...
View ArticleSampler secures $3 mln in latest round, BDC, Shipfusion lead
Sampler, a Toronto-based digital product sampling platform, has raised $3 million in its latest financing. The round, which brings total funding to $6.3 million, was led by BDC Capital’s Women in...
View ArticleCDPQ commits $127 mln to Inovia early-stage, growth funds
Caisse de dépôt et placement du Québec (CDPQ) said it will invest about $127 million (US$100 million) in the fourth early-stage fund and new growth-stage vehicle of Inovia Capital. CDPQ will commit...
View ArticleMDP-owned NFP acquires P&C insurance brokerage Mass
NFP Corp has acquired Mass Insurance Brokers Ltd and Easyway Insurance Brokers Inc (Mass), together a Markham, Ontario-based property and casualty (P&C) insurance brokerage. Terms weren’t released...
View ArticleVenture-backed Interset acquired by Micro Focus
Interset, an Ottawa-based security analytics software provider, has been acquired by Micro Focus (LSE: MCRO, NYSE: MFGP) for an undisclosed amount. Founded in 2001 as Gridiron Software, Interset uses...
View ArticleBillion Dollar Fund for Women comes to Canada to sign up more VCs
Subscription RequiredBillion Dollar Fund for Women, a global initiative that aims to increase investment in women-founded companies, has arrived in Canada to recruit local venture firms. The launch was...
View ArticleBillion Dollar Fund for Women comes to Canada to sign up more VCs
Billion Dollar Fund for Women, a global initiative that aims to increase investment in women-founded companies, has arrived in Canada to recruit local venture firms. The launch was announced today by...
View ArticleStrategic investors help Mojio close Series B round at $53 mln
Vancouver-based connected car platform Mojio has wrapped up its Series B financing at about $53 million (US$40 million). The close included investments from Assurant, a U.S. provider of vehicle...
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Privateer-owned Tilray to buy Manitoba Harvest in $419 mln deal
Tilray Inc (Nasdaq: TLRY) has agreed to acquire FHF Holdings Ltd, a Winnipeg-based hemp food manufacturer that operates as Manitoba Harvest. Tilray agreed to pay up to $419 million in cash and stock,...
View ArticleBerkshire to exit Aritzia with $437 mln secondary, share buyback
Vancouver-based women’s fashion brand Aritzia Inc (TSX: ATZ) said U.S. private equity firm Berkshire Partners will sell its remaining stake in the company as a result of a secondary offering and share...
View ArticleMomentum secures $2 mln in mezz funding from BDC Capital
Momentum Technologies, a Québec City-based information technology consulting services provider specializing in database technologies, has raised $2 million in mezzanine financing from BDC Capital. BDC...
View ArticleCVC Capital Partners-owned Parex buys CTM Coatings
Parex has acquired CTM Coatings Inc, a Montréal-based specialist in flooring compound systems. No financial terms were disclosed. CTM Managing Director Michael delle Donne and his team will join Parex....
View ArticleAurora Capital-backed NTS buys Sci-Lab Materials Testing
National Technical Systems Inc (NTS) has acquired Sci-Lab Materials Testing Inc, a Kitchener, Ontario-based provider of materials testing, product validation and environmental stress and durability...
View ArticleCIBC Innovation Banking invests in growth of SiteDocs
CIBC Innovation Banking has provided undisclosed debt financing to SiteDocs Safety Corp, an Abbotsford, British Columbia-based safety management software provider. The CIBC group said the funding will...
View ArticleWaterton proposes new strategy, leadership for Hudbay
Waterton Global Resource Management has published a presentation detailing a new path for Hudbay Minerals Inc (TSX, NYSE: HBM) to help it realize its potential. Waterton, which holds a 12 percent stake...
View ArticleFar Resources inks $12 mln facility with Alumina Partners
Far Resources Ltd, a Vancouver-based developer of battery metals mineral resources, has secured a draw-down equity facility of up to $12 million. The investor is Alumina Partners, a U.S. private equity...
View ArticleTerramera raises $13 mln from BDC’s cleantech practice
Vancouver-based clean food technology provider Terramera has secured $13 million in subordinated debt financing from Business Development Bank of Canada (BDC). BDC invested through Ottawa’s $700...
View ArticlePlatinum to acquire Livingston International from CPPIB, Sterling
U.S. private equity firm Platinum Equity has agreed to acquire Livingston International Inc, a Toronto-based specialist in customs brokerage, freight forwarding and trade consulting. No financial terms...
View ArticlePenfund provides $100 mln facility to GoodLife Fitness Centres
Canadian junior capital provider Penfund has closed a $100 million second lien credit facility provided to GoodLife Fitness Centres Inc, a London, Ontario-based fitness club operator. The deal’s...
View ArticleCDPQ’s PE group deploys C$9 bln in 2018, earns 16.6 pct return
Subscription RequiredCaisse de dépôt et placement du Québec deployed more than C$9 billion ($6.8 billion) in the global private equity market in 2018, ending the year with net assets of C$42.9 billion....
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