Investel to become top UnitedCorp investor with acquisitions
United American Corp (UnitedCorp), a Miami-based telecommunications and information technology holding company, has agreed to buy TNW Wireless Inc and iFramed Canada Ltd, both Canadian affiliates of...
View ArticleBonfire raises $11 mln in Battery Ventures-led Series A round
Waterloo sourcing enablement software provider Bonfire has raised $11 million in a Series A financing. The round was led by U.S. venture capital firm Battery Ventures with participation from existing...
View ArticleCanbriam Energy raises $100 mln from private equity investors
Canbriam Energy Inc has secured about $100 million (US$74 million) from its existing private equity investors, including Warburg Pincus, ARC Financial Corp, Ontario Teachers’ Pension Plan, BlackRock...
View ArticleMirexus Biotechnologies closes $12 mln financing led by GEL
Mirexus Biotechnologies Inc, a Guelph, Ontario biomaterials provider, has raised $12 million in funding. The round was led by the Canadian affiliate of Barbados’ Goddard Enterprises Ltd (GEL) and...
View ArticleEGI invests in NGP-owned pulse crops processor ILTA Grain
Equity Group Investments (EGI), the private investment vehicle of Sam Zell, has invested in ILTA Grain Inc, a Surrey, British Columbia processor, distributor and exporter of pulse crops (e.g. peas,...
View ArticleVanderlande acquires venture-backed Optosecurity
Vanderlande Industries BV has acquired Optosecurity, a Québec City-based software company that provides a remote screening solution used in the checkpoint security sector. No financial terms were...
View ArticleCaisse helps SNC-Lavalin close $3.6 bln takeover of WS Atkins
Canadian engineering and construction company SNC-Lavalin Group Inc (TSX: SMC) has completed its acquisition of WS Atkins plc, a British design, engineering and project management consultancy business....
View ArticleMosaic taps more ATP-sourced credit to make acquisitions
Canadian private equity firm Mosaic Capital Corp has amended an agreement with the corporate financial services branch of ATB Financial to increase its credit facility from $35 million to $50 million....
View ArticleDaniel Klass, Sagard among backers of $90 mln software SPAC
Software Platform Partners Corp, a Canadian special purpose acquisition corporation (SPAC), has filed with domestic regulators for an initial public offering of $90 million Class A restricted voting...
View ArticleCanada’s IPO market posts best H1 result in five years: PwC
Canada’s initial public offering (IPO) market continued to show signs of recovery in the second quarter of 2017, with six new TSX issues generating more than $2.3 billion in proceeds, according to a...
View ArticleEnerTech-backed Power Survey acquires Power Standards Lab
Power Survey and Equipment Ltd, a Montréal-based developer of power quality systems, has acquired Power Standards Lab Inc, a U.S. maker of electric power instruments for monitoring power quality and...
View ArticleCHG buys Plats Du Chef from Stephen Bronfman’s Claridge
C.H. Guenther & Son Inc (CHG) has bought Les Plats du Chef Inc, a Dollard-des-Ormeaux, Québec frozen food company specializing in snacks, hors d’oeuvres and soups. No financial terms were...
View ArticleCPPIB appoints Ed Cass to oversee global real assets
Canada Pension Plan Investment Board announced several senior executive changes and appointments. They include the appointment of Senior Managing Director Ed Cass, formerly the pension fund’s chief...
View ArticleAEA’s Evoqua acquires wastewater companies from ADI
Evoqua Water Technologies LLC has acquired ADI Systems Inc, Lange Containment Inc and Geomembrane Technologies Inc, all providers of wastewater solutions. No financial terms were released. The seller...
View ArticleCanadian VC sustains robust pace as top Q2 deals raise $518 mln
Canada’s top 10 venture-capital financings in the second quarter drew $518 million from investors, up 8 percent from the $480 million that went into the top 10 deals a year earlier. The number is based...
View ArticleFonds de solidarité FTQ earns $1.1 bln, grows assets to $13.1 bln
Fonds de solidarité FTQ generated nearly $1.1 billion in profits in the fiscal year ending on May 31, marking the first time in its history the firm exceeded the $1 billion level. The Fonds also...
View ArticleCanadian VC sustains robust pace as top Q2 deals raise C$518 mln
Subscription RequiredCanada’s top 10 venture-capital financings in the second quarter drew C$518 million ($400 million) from investors, up 8 percent from the C$480 million that went into the top 10...
View ArticleOttawa launches $1.26 bln Strategic Innovation Fund
Ottawa has launched its Strategic Innovation Fund, a program intended to attract and support innovative business investments across all sectors of the Canadian economy. The fund, capitalized at $1.26...
View ArticleBrookfield-owned Enwave expands in Canada with Veresen deal
Enwave Energy Corp has closed its acquisition of the district energy systems in London, Ontario and Charlottetown, Prince Edward Island from Veresen Inc, a Calgary energy infrastructure company. No...
View ArticleSwander Pace sells Lavo to Centerbridge’s KIK Custom Products
U.S. private equity firm Swander Pace Capital has sold Lavo Inc, a Montréal-based maker and marketer of laundry detergent, household cleaners, fabric softeners and bleach, to KIK Custom Products Inc....
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