Onex closes $445 mln take-private acquisition of Gluskin Sheff
Canadian private equity firm Onex Corp has wrapped up its acquisition of Gluskin Sheff + Associates Inc (TSX: GS), a Toronto-based wealth management business. The deal, announced in March, had a total...
View ArticleTJC-owned Young Innovations acquires Germiphene
Young Innovations has acquired Germiphene Corp, a Brantford, Ontario-based manufacturer and distributor of infection control materials and other products for dental use. No financial terms were...
View ArticleNew signs of life in Canadian venture-backed exits
Subscription RequiredIn his 2019 Canadian venture and startup predictions, OMERS Ventures Managing Partner Jim Orlando laments the lack of big exits of VC-backed tech companies in 2018. Orlando argues...
View ArticleVCCI-backed Northleaf Venture Catalyst Fund II closes at $300 mln
Northleaf Capital Partners has closed Northleaf Venture Catalyst Fund II (NVCF II), a fund of funds earmarked for investments in Canadian venture capital funds and technology companies, raising $300...
View ArticleBDC unveils $250 mln industrial innovation fund led by Joe Regan
BDC Capital has launched a $250 million fund to invest in technology companies that can help modernize traditional Canadian industries. Industrial Innovation Venture Fund will invest in early- to...
View ArticleVCCI-backed Northleaf Venture Catalyst Fund II closes at C$300 mln
Northleaf Capital Partners has closed Northleaf Venture Catalyst Fund II, a fund of funds earmarked for investments in Canadian venture capital funds and technology companies, raising C$300 million....
View ArticleClik here to view.
Damon Motorcycles raises $2.5 mln in Round 13-led seed deal
Vancouver-based two-wheel technology company Damon Motorcycles has raised $2.5 million in a seed-stage financing. The round was led by Canadian growth-stage venture capital firm Round 13 Capital. It...
View ArticleSeaFort-backed Jardine Transport acquires Gil Trucking
Jardine Transport Group has acquired Gil Trucking, a Saint-Jacques, New Brunswick-based open-deck, long-haul trucking company. No financial terms were disclosed. The seller was President Danny Soucy,...
View ArticleHeadland Capital Partners acquires AL13 Architectural Systems
Headland Capital Partners has acquired a majority stake in Anenda Systems Inc, a Vancouver-based building products company that does business as AL13 Architectural Systems. No financial terms were...
View ArticleMDP-backed Navacord buys group benefits provider FBMI
Navacord Corp has acquired Future Benefits Management Inc (FBMI), a Toronto-based group benefits provider. No financial terms were disclosed. FBMI will join JDIMI Consulting, Navacord’s broker partner...
View ArticleFood innovation platform New Skew secures initial financing
Toronto-based food innovation platform New Skew has secured an undisclosed initial financing. The round was backed by unidentified investors, consisting of family offices and investment dealers with...
View ArticleVC-backed Clir Renewables nabs $1.9 mln in bridge funding
Clir Renewables, a Vancouver-based renewable energy software provider, has raised $1.9 million in bridge financing. The source of the funding was not released. Clir, which closed a $2.1 million seed...
View ArticleH&F and Altas-backed Hub acquires Cottenie and Gardner
Hub International Ltd has acquired Cottenie and Gardner Inc, a Kamsack, Saskatchewan-based provider of personal and commercial insurance solutions, including government auto and farming solutions. No...
View ArticleDW Healthcare Partners buys Spectrum Solutions and Go-2
DW Healthcare Partners (DWHP) has acquired Spectrum Solutions LLC, a maker of containers and packaging solutions for the scientific testing, medical, organic health and cosmetic sectors, and shipping...
View ArticleSEC sues venture-backed Kik Interactive for digital token sale
The Securities and Exchange Commission (SEC) has sued Kik Interactive Inc, alleging the Waterloo-based messaging app conducted an illegal US$100 million offering of digital tokens. In 2017, Kik said it...
View ArticleOttawa commits $50 mln to ArcTern, Cycle Capital, Renewal Funds
The federal government’s Venture Capital Catalyst Initiative (VCCI) has committed $50 million to ArcTern Ventures, Cycle Capital Management and Renewal Funds, all Canadian venture capital firms active...
View ArticleCallidus to sell Bluberi Gaming Canada to Catalyst Capital
Callidus Capital Corp (TSX: CBL) has agreed to sell Bluberi Gaming Canada Inc, a Drummondville, Québec-based casino games developer, to Canadian private equity firm Catalyst Capital Group. The deal...
View ArticleTVM Capital, CDPQ win CVCA’s 2019 deal of the year awards
TVM Capital Life Science and Caisse de dépôt et placement du Québec (CDPQ) are the 2019 recipients of the Canadian Venture Capital & Private Equity Association‘s (CVCA) Deal of the Year awards. TVM...
View ArticleClairvest’s Jeff Parr wins CVCA’s 2019 Ted Anderson award
Jeff Parr is the 2019 recipient of the Canadian Venture Capital & Private Equity Association‘s (CVCA) Ted Anderson Community Leadership Award. Parr, the vice chairman and managing director of...
View ArticleJMI, HarbourVest to sell Intelex to Industrial Scientific for $770 mln
Intelex Technologies, a Toronto-based provider of software solutions for environment, health, safety and quality (EHSQ) programs, has agreed to be acquired by Industrial Scientific for about $770...
View Article