SeaFort-backed Cooper Equipment buys Prime Rentals
Cooper Equipment Rentals Ltd has acquired Prime Rentals Ltd, a Lethbridge, Alberta-based provider of equipment rental solutions. Terms weren’t disclosed. The sellers were Prime owners Kim and Trina...
View ArticleClaroNav secures quasi-equity financing from BDC Capital
ClaroNav, a Toronto-based medical device company focused on surgical navigation for dentistry, has secured undisclosed quasi-equity financing from BDC Capital. BDC invested through its growth and...
View ArticleVC-backed Wave buys small business banking platform Every
Wave has acquired Every, a Toronto-based financial technology company that provides accounts and debit cards to small businesses. No financial terms were disclosed. Every was founded in 2017 by CEO...
View ArticleCatalyst-backed Gateway acquires Chances Signal Point
Gateway Casinos & Entertainment Ltd has acquired Chances Signal Point, a Williams Lake, British Columbia-based gaming company. No financial terms were disclosed. Gateway, a Vancouver-based...
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Quorum closes $15 mln debt financing with BDC Capital
Quorum Information Technologies Inc (TSX-V: QIS), a Calgary-based provider of automotive dealership software and services, has closed a $15 million debt financing facility. The facility was provided by...
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Australia’s BHP invests $7.9 mln in Carbon Engineering
Australian mining company BHP has invested $7.9 million (US$6 million) in Carbon Engineering Ltd (CE), a Squamish, British Columbia-based emissions reduction company. The investment comes two months...
View ArticleCDPQ to partner with Edelweiss in Indian credit platform
Caisse de dépôt et placement du Québec (CDPQ) has agreed to invest about US$250 million in ECL Finance Ltd, a non-banking financial company affiliated with Indian financial services provider Edelweiss...
View ArticleMadison Dearborn-owned NFP acquires PBL Insurance
NFP Corp has acquired PBL Insurance Ltd, a Windsor, Ontario-based provider of property and casualty and employee benefits services. No financial terms were released for the deal, which closed last...
View ArticleAIMCo closes purchase of Eolia majority stake from Oaktree
Alberta Investment Management Corp (AIMCo) has closed its acquisition of a majority stake in Eolia Renovables de Inversiones SCR SA, a Spanish renewable energy company. Terms weren’t released for the...
View ArticleTIMIA provides $2 mln financing facility to BasicGov Systems
TIMIA Capital Corp has supplied a $2 million facility to BasicGov Systems Inc, a Vancouver-based government software solutions provider. The three-year investment facility was advanced in full to the...
View ArticleTandem-backed Metro Optic sold to Stonepeak’s Cologix
Cologix has acquired Metro Optic, a Montréal-based provider of interconnect solutions for the enterprise, carrier and cloud markets. No financial terms were disclosed. The seller was Exelerence...
View ArticleAIMCo closes purchase of Eolia majority stake from Oaktree
Alberta Investment Management Corp has closed its acquisition of a majority stake in Eolia Renovables de Inversiones SCR SA, a Spanish renewable energy company. Terms weren’t released for the deal,...
View ArticleCIBC Innovation Banking puts $6.5 mln to work in WealthEngine
WealthEngine, a Bethesda, Maryland-based provider of wealth intelligence and prospect research, has raised US$6.5 million of debt financing from CIBC Innovation Banking. The company will use the funds...
View ArticleIAM provides $36 mln of acquisition financing to Wolverine
Integrated Asset Management Corp (IAM) has provided a $36 million loan to Wolverine Management Services Inc (TSX-V: WEII), a Nisku, Alberta-based energy and infrastructure service company. The proceeds...
View ArticleVistara Capital brings on Kathleen Reaume as senior associate
Vistara Capital Partners has hired Kathleen Reaume as a senior associate. Reaume will be a member of the firm’s investment team, assisting in deal origination and evaluation and supporting portfolio...
View ArticleOnex sees 5.7x investment from $1.32 bln sale of BrightSpring
Canadian private equity firm Onex Corp has completed its sale of BrightSpring Health Services, a Louisville, Kentucky-based provider of home and community health services to complex, high-cost...
View ArticleScotiabank backs debut fund of women-focused Disruption Ventures
Disruption Ventures has secured an undisclosed investment for its inaugural fund from Scotiabank, a Canadian banking institution. Scotiabank led commitments of $13 million for the $30 million...
View ArticleGoJava lands C$1 mln in second seed deal led by Crux Capital
GoJava, a Toronto-based sustainable office services provider, has raised more than C$1 million in a second seed-stage financing. The round was led by Crux Capital Corp, which also led last year’s...
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PE-backed Ceridian acquires assets of Clearview Logix, Paysa
Ceridian (TSX, NYSE: CDAY) has acquired most of the assets of Clearview Logix, a Richmond, Virginia-based decision support analytics company, and certain intellectual property assets from Paysa, a Palo...
View ArticleClairvest earns 46 pct IRR with $1.45 bln sale of Rivers Casino
Canadian mid-market private equity firm Clairvest Group has completed the sale of its stake in Rivers Casino, a Des Plaines, Illinois-based gaming and entertainment complex. The deal, announced last...
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