Brookfield’s PE group proposes to take Teekay Offshore private
The private equity group of Brookfield Asset Management has made a non-binding proposal to buy the publicly held common units it does not already own of Teekay Offshore Partners LP (NYSE: TOO), a...
View ArticleCPPIB invests $200 mln in growth of food company Premium Brands
Canada Pension Plan Investment Board (CPPIB) has invested about $200 million in Premium Brands Holdings Corp (TSX: PBH), a Vancouver-based owner of specialty food manufacturing and distribution...
View ArticleCBRE Caledon to partner in acquisition of Norway’s Norled
CBRE Caledon Capital Management and CapMan Infra have agreed to jointly acquire Norwegian ferry and express boat operator Norled AS. Terms weren’t released for the deal, which is expected to close next...
View ArticleMKB invests in growth of mobile bike shop operator Velofix
Velofix, a Vancouver-based full-service mobile bike shop operator, has secured undisclosed financing from a fund managed by Canadian growth equity firm MacKinnon, Bennett & Co (MKB). Launched in...
View ArticleBroadridge to acquire Bayshore Capital-backed RPM for $404 mln
Broadridge Financial Solutions Inc (NYSE: BR) has agreed to acquire RPM Technologies, a Toronto-based provider of enterprise wealth management software solutions and services. Broadridge agreed to pay...
View ArticleBlackstone-backed IBS to buy aviation software provider AD OPT
IBS Software has agreed to acquire AD OPT, a Montréal-based provider of airline crew planning optimization software solutions. Terms weren’t released for the deal, which IBS described as a...
View ArticleFintech AI platform Senso.ai nabs $1.5 mln in BGF-led seed round
Senso.ai, a Toronto-based financial technology artificial intelligence (AI) platform, has raised $1.5 million in a seed-stage financing. The round was led by U.S. venture capital firm Breakaway Growth...
View ArticleClik here to view.
Natural Partners Fullscript raises $25 mln Series B financing
Natural Partners Fullscript (NPFS), a nutraceutical prescribing platform based in Scottsdale, Arizona and Ottawa, has raised US$25 million ($34 million) in a Series B financing. The round was led by...
View ArticleZendesk buys VC-backed messaging app Smooch Technologies
Zendesk Inc (NYSE: ZEN) has acquired Smooch Technologies Holdings ULC, a Montréal-based messaging platform for enterprise software makers. No financial terms were disclosed. Spun out of Radialpoint in...
View ArticleCanopy Growth acquires Tengram-backed This Works for $74 mln
Canopy Growth Corp (TSX: WEED, NYSE: CGC) has acquired This Works Ltd, a London, U.K.-based provider of natural skincare and sleep solution products. The all-cash deal was valued at $73.8 million. This...
View ArticleSilversmith Capital invests $71 mln in growth of PDFTron Systems
PDFTron Systems, a Vancouver-based document processing technology company, has secured a $71 million investment from U.S. growth equity firm Silversmith Capital Partners. Silversmith’s Jim Quagliaroli...
View ArticleNorth secures $54 mln in bridge financing from existing VCs: G&M
Kitchener, Ontario-based wearable technology company North has raised about $54 million (US$40 million) in convertible debt financing, according to a report by the Globe and Mail. The money came from...
View ArticleCanopy Growth acquires Tengram-backed This Works for C$74 mln
Canopy Growth Corp has acquired This Works Ltd, a London, U.K.-based provider of natural skincare and sleep solution products. The all-cash deal was valued at C$73.8 million. This Works CEO Anna...
View ArticleInvesque to acquire MCAP-backed Commonwealth Senior Living
Invesque Inc (TSX: IVQ) has agreed to acquire Commonwealth Senior Living LLC, a Charlottesville, Virginia-based developer, owner and operator of senior living communities. The deal, which includes 20...
View ArticleNarbé Alexandrian made chief executive of Canopy Rivers
Canopy Rivers, the venture capital arm of Canopy Growth Corp (TSX: WEED, NYSE: CGC), has promoted Narbé Alexandrian to CEO, effective immediately. Alexandrian replaces Bruce Linton, co-CEO of Canopy...
View ArticleMTY closes $253 mln purchase of Lee Equity-backed Papa Murphy’s
MTY Food Group Inc (TSX: MTY) has closed its acquisition of Papa Murphy’s Holdings Inc, a Vancouver, Washington-based franchisor and operator of the Take ‘n’ Bake pizza brand. The deal, announced last...
View ArticleDelos Capital to sell FirstOnSite, Interstate to FirstService for $505 mln
Global Restoration Holdings LLC, the parent of U.S.-based Interstate Restoration and Canada’s FirstOnSite Restoration, has agreed to be acquired by FirstService Corp (TSX, Nasdaq: FSV), a Toronto-based...
View ArticleRubicon-backed AudienceView acquires VC-backed Vendini
AudienceView, a Toronto-based provider of e-commerce software for events and entertainment organizations, has acquired Vendini, a San Francisco-based ticketing and box office management company. No...
View ArticleCaisse de dépôt provides $75 mln in growth funding to Medavie
Caisse de dépôt et placement du Québec has provided $75 million in subordinated debt financing to Medavie Inc, a Moncton, New Brunswick-based provider of not-for-profit health solutions in Canada. The...
View ArticlePenfund partners in $225 mln credit facility for Mister Car Wash
Canadian junior capital provider Penfund has partnered as a follow-on investor in a US$225 million second lien credit facility for Mister Car Wash (MCW), a Tucson, Arizona-based car wash operator. The...
View Article