Pangaea Ventures raises $70 mln for fourth advanced-materials fund
Canadian venture capital firm Pangaea Ventures has closed its fourth advanced-materials fund, raising about $70 million in commitments. Pangaea Ventures Fund IV was backed by a range of limited...
View ArticleElaine Kunda’s Disruption Ventures makes Hostfully its first woman-led deal
Subscription RequiredCanadian women-focused venture firm Disruption Ventures cut its first check, backing a startup that serves the fast-emerging vacation-rentals sector. Disruption invested in the $1...
View ArticleTorQuest seeks up to $1.35 bln for fifth mid-market fund: AltAssets
Canadian private equity firm TorQuest Partners is aiming to raise up to $1.35 billion for its fifth mid-market fund, according to a report by AltAssets. The fund’s predecessor, TorQuest Partners Fund...
View ArticleComvest invests in Engage2Excel’s acquisition of Rideau
Engage2Excel Inc has acquired Rideau Inc, a Montréal-based integrated recognition platform that supports employee engagement and retention. Terms weren’t disclosed for the deal, which was backed by...
View ArticleWalter acquires minority stake in LionGuard Capital Management
Walter Global Asset Management has acquired a minority stake in LionGuard Capital Management, a Montréal-based asset management firm. Terms weren’t disclosed for the deal, which includes direct...
View ArticleOnex leads $1.8 bln investment in P&C insurer Convex
Canadian private equity firm Onex Corp and a group of co-investors have committed to invest $1.8 billion in Convex Group Ltd, a newly-launched, Bermuda-based property and casualty insurance company....
View ArticleIMCO appoints ex-CPPIB exec Kathy Jenkins as CFO
Investment Management Corp of Ontario (IMCO) has appointed Kathy Jenkins as chief financial officer. Jenkins joins IMCO from Canada Pension Plan Investment Board (CPPIB), where she served as managing...
View ArticleÉric Phaneuf named chief executive of Walter Capital Partners
Canadian family office Walter Group of Cos has appointed Éric Phaneuf as president and CEO of Walter Capital Partners. Phaneuf joined Montréal-based Walter Capital, the family office’s private equity...
View ArticleFulcrum Capital-backed Athletica buys Becker Arena Products
Athletica Sport Systems Inc has acquired Becker Arena Products Inc, a Shakopee, Minnesota-based provider of dasher board systems and arena aftermarket products targeting entertainment facilities in the...
View ArticleDigital Colony closes $720 mln acquisition of Cogeco Peer 1
Digital Colony, a U.S. digital infrastructure private equity firm, has closed its acquisition of Cogeco Peer 1, a Toronto-based provider of colocation, network connectivity and managed services. The...
View ArticleElaine Kunda’s Disruption Ventures makes Hostfully its first woman-led deal
Canadian women-focused venture firm Disruption Ventures cut its first cheque, backing a startup that serves the fast-emerging vacation-rentals sector. Disruption invested in the US$1 million seed round...
View ArticleHansen to buy Birch Hill-owned Sigma Systems in $157 mln deal
Hansen Technologies has agreed to acquire Sigma Systems, a Toronto-based provider of catalog-driven software solutions for communications, media and technology companies. In a separate release, Hansen,...
View ArticleVersion One Ventures invests in cybersecurity startup Kobalt
Kobalt Security, a Vancouver-based cybersecurity company, has raised an undisclosed investment from Canadian early-stage venture capital firm Version One Ventures. The investment was part of a...
View ArticleSmall business digital toolkit Webware.io nabs $2 mln in VC
Webware.io, a Toronto-based digital toolkit for small businesses, has raised $2 million in financing from a group of investors. The group was led by Moss Kadey, a Canadian entrepreneur and CEO of...
View ArticleSmart storage provider Locketgo raises $1.2 mln in seed round
Locketgo, a Montréal-based provider of temporary storage solutions, has raised $1.2 million in a seed-stage financing. The round’s Canadian investors included Anges Québec, CH Group, Maple Leaf Angels,...
View ArticleKensington Capital leads recap of glass fabricator Agnora
Kensington Private Equity Fund has led a recapitalization of Agnora Ltd, a Collingwood, Ontario-based fabricator of oversized architectural glass. Terms weren’t disclosed for the deal, which saw...
View ArticleProptech company Parity lands $5 mln in ArcTern-led Series A
Toronto-based property technology company ParityGo Inc has secured $5 million in a Series A financing. The round was led by Canadian clean technology venture capital firm ArcTern Ventures. Parity has...
View ArticleSenior OMERS Private Equity exec Jon McCarthy departs
Subscription RequiredJon McCarthy, a 12-year veteran of OMERS Private Equity, left the firm at the beginning of May, a person with knowledge of the matter told Buyouts. McCarthy, a member of OPE’s...
View ArticlePPC-backed Entertainment Cruises buys Gananoque Boat Line
Entertainment Cruises has acquired Gananoque Boat Line (GBL), a Gananoque, Ontario-based tour boat operator in the Thousand Islands. No financial terms were disclosed. The sellers were Harry Clarke and...
View ArticleBrookfield deploys the first $350 mln of TransAlta financing
Calgary-based power generation company TransAlta Corp (TSX: TA) has initially closed a $750 million investment by Brookfield Asset Management. Brookfield Renewable Partners invested $350 million in...
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