Spectrum Equity-backed Ethoca to be acquired by Mastercard
Mastercard (NYSE: MA) has agreed to acquire Ethoca, a Toronto-based provider of technology solutions that address digital commerce fraud. Terms weren’t released for the deal, which is expected to close...
View ArticleZayZoon nabs $15 mln to advance employee financial wellness
ZayZoon, a Calgary-based provider of employee financial payroll solutions, has secured $15 million in financing. The round was backed by a group of investors, including Prairie Merchant Corp and...
View ArticleMarket Maker Agriculture acquires Arkansas Valley Seed
Market Maker Agriculture, a Canadian agribusiness private equity firm, has acquired a majority interest in Arkansas Valley Seed (AVS), a Denver, Colorado-based seed supplier operating in the Western...
View ArticleCanada’s tech companies raise $3.7 bln of VC in 2018: CVCA
Investment activity in Canada’s venture capital (VC) market in 2018 largely matched 2017’s results in dollar terms, according to a report by the Canadian Venture Capital and Private Equity Association...
View ArticleCanada’s PE market slows in 2018 with $22.3 bln deployed: CVCA
The pace of deal activity in Canada’s private equity (PE) market slowed in dollar terms in 2018, according to a report by the Canadian Venture Capital and Private Equity Association (CVCA). Disclosed...
View ArticleCryptoNumerics raises $3.4 mln in 11.2 Capital-led seed round
Toronto-based enterprise software company CryptoNumerics has raised about $3.4 million (US$2.5 million) in a seed-stage financing. The round was led by 11.2 Capital, a U.S. venture capital firm. It was...
View ArticleTorQuest acquires ready-to-assemble furniture maker Prepac
Canadian mid-market private equity firm TorQuest Partners has acquired Prepac Manufacturing Ltd, a Delta, British Columbia-based designer and maker of affordable, ready-to-assemble home furniture. No...
View ArticlePangaea Ventures leads $7.9 Series A financing of Aeponyx
Aeponyx, a Montréal-based fabless micro-optical switch semiconductor chips designer and maker, has raised $7.9 million in a Series A financing. The round was led by Pangaea Ventures, a Canadian...
View ArticleAudax-backed ICP buys botanical disinfectants maker Benefect
Innovative Chemical Products Group (ICP) has acquired Benefect, a Hamilton, Ontario-based producer of disinfectant and cleaning supplies for the environmental remediation industry. No financial terms...
View ArticleCentric Health closes $12 mln private offering with Ewing Morris
Toronto-based pharmacy and healthcare services provider Centric Health Corp (TSX: CHH) has closed a convertible preferred shares financing, raising proceeds of $12 million. The investor was Ewing...
View ArticleImperial Capital closes in on $485 mln, has strong appetite for mid-market...
Subscription RequiredImperial Capital Group is weeks away from wrapping up a seventh mid-market fund at its C$650 million ($485 million) hard cap, Buyouts has learned. Imperial Capital Acquisition Fund...
View ArticleTimes Bridge backs Wattpad to grow storytelling app in India
Wattpad, a Toronto-based multi-platform entertainment company for original stories, has secured undisclosed financing from Times Bridge, the investment arm of Indian media business The Times Group. The...
View ArticleVenture-backed Lightspeed wraps up IPO, raises $276 mln
Lightspeed POS (TSX: LSPD), a Montréal-based point-of-sale solution for retailers, restaurants and e-commerce businesses, has closed its initial public offering on the Toronto Stock Exchange....
View ArticleCrown Capital increases loan to Triple Five to $20 mln
Canadian specialty finance firm Crown Capital Partners has provided an additional $5 million to Triple Five Intercontinental Group Ltd, a Calgary-based explorer, developer and producer of petroleum and...
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Imperial Capital Group nears finish line with $650 mln Fund VII
Imperial Capital Group is only weeks away from wrapping up a seventh mid-market fund at its $650 million hard cap. Imperial Capital Acquisition Fund VII, launched in December, has already raised or...
View ArticleThoma Bravo-owned iPipeline buys insurtech provider Bluesun
IPipeline has acquired Bluesun, a Toronto-based maker of software products to automate business processes for MGAs, national accounts, mutual fund dealers, banks and insurers. No financial terms were...
View ArticlePSP, BCI’s QuadReal invest in London rental housing scheme
Public Sector Pension Investment Board (PSP Investments) and QuadReal Property Group have agreed to invest in the Cherry Park Partnership, a London, U.K.-focused rental housing scheme. PSP and QuadReal...
View ArticleFonds de solidarité FTQ to invest more in energy, tech change
Fonds de solidarité FTQ said it will invest $1 billion annually over the next three years with a focus on helping Québec businesses reduce their carbon footprint and adopt new technologies. The...
View ArticleCDPQ launches $250 mln fund for growth-stage AI companies
Caisse de dépôt et placement du Québec (CDPQ) has launched a $250 million fund to invest in growing Québec companies with artificial intelligence (AI)-enabled product offerings. The fund, managed by...
View ArticleBridgit raises $6.2 mln in BDC Capital-led financing: report
Bridgit, a Kitchener, Ontario-based construction software provider, has secured $6.2 million in financing, according to a report by the Globe and Mail. The round was led by BDC Capital‘s Women in...
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