MaRS promotes Jon Dogterom to senior VP of venture services
Canadian innovation hub MaRS Discovery District has appointed Jon Dogterom as senior vice president of venture services. Dogterom replaces Salim Teja, who earlier this year joined Radical Ventures as a...
View ArticleCascades to buy assets of Orchids Paper Products for $207 mln
Cascades Inc (TSX: CAS) has agreed to acquire substantially all the assets of Orchids Paper Products Co, a Brentwood, Tennessee-based manufacturer of tissue products, following approval of the deal by...
View ArticleHifi Engineering raises $10 mln from BDC Capital, strategic investor
Hifi Engineering Inc, a Calgary-based provider of leak detection and incident prevention technology, has raised $10 million in financing from BDC Capital and an undisclosed strategic investor. BDC...
View ArticleNorthleaf promotes nine across global private markets teams
Northleaf Capital Partners has promoted nine investment professionals operating in the firm’s global private equity, private credit, infrastructure, and portfolio strategy and analytics teams. On the...
View ArticleBC Partners and OTPP-backed GFL acquires Soil Safe
GFL Environmental Inc, a Toronto-based waste management company, has acquired Soil Safe Inc, a Columbia, Maryland-based soil recycling specialist, for an undisclosed amount. Established in 1989, Soil...
View ArticleWeever Apps nabs $1.6 mln from FedDev, MaRS IAF, GreenSky
Weever Apps, a Hamilton, Ontario-based workforce apps developer, has raised $1.625 million in financing. The deal includes a $500,000 repayable contribution from the Federal Economic Development Agency...
View ArticleOptical tech platform Coloursmith closes $600k pre-seed round
Coloursmith Labs, a Halifax-based provider of optical filter technology, has secured $600,000 in a pre-seed financing. The round was backed several investors, including Brigus Capital, Island Capital...
View ArticleCybertech startup Securicy lands $1.8 mln in latest financing
Sydney, Nova Scotia-based cybersecurity technology company Securicy has raised $1.8 million in financing. Private backers of the round, including Hub Angels, Panache Ventures, Concrete Ventures,...
View ArticleEx-3i Group exec Jo Taylor named new CEO of Ontario Teachers’
Ontario Teachers’ Pension Plan has appointed Jo Taylor as its president and CEO, effective January 1, 2020. Taylor, who is currently executive managing director, global development, will replace Ron...
View ArticleHIG-backed CDI Technologies merges with AEA’s Troxell
Toronto-based CDI Technologies and Phoenix, Arizona-based Troxell Communications, both providers of technology solutions to educational institutions, have merged. Terms weren’t released for the deal,...
View ArticleOntario Teachers’-owned AWC buys Culmina Family Estate Winery
Arterra Wines Canada Inc (AWC) has acquired Culmina Family Estate Winery, an Oliver, British Columbia-based premium boutique winery, for an undisclosed amount. The seller was the Triggs family. Don...
View ArticleWealth management platform d1g1t ups VC funding to $12 mln
Toronto-based enterprise wealth management platform d1g1t has secured an additional $3 million in financing, bringing its total funding to $12 million. The investment, made by U.K. venture capital firm...
View ArticleOMERS, BMO top up District Ventures’ inaugural fund to $70 mln
District Ventures Capital, a Canadian consumer-goods venture capital firm founded by Dragon’s Den star and entrepreneur Arlene Dickinson, has raised additional capital. Ontario Municipal Employees...
View ArticleBDC, Desjardins invest $3.4 mln in acquisition of Pit Caribou
BDC Capital and Desjardins Capital have invested $3.4 million in the acquisition of the Pit Caribou microbrewery located in L’Anse‑à‑Beaufils in the Gaspé region of Québec. The acquisition, also backed...
View ArticleWealth management platform d1g1t ups VC funding to C$12 mln
Toronto-based enterprise wealth management platform d1g1t has secured an additional C$3 million in financing, bringing its total funding to C$12 million. The investment, made by U.K. venture capital...
View ArticlePE-backed La Coop fédérée to acquire assets of F. Ménard
La Coop fédérée has agreed to acquire select assets of F. Ménard, a Ange-Gardien, Québec-based company specializing in hog breeding and pork processing. No financial terms were released for the deal,...
View ArticleBack to school: Canadian VCs Bannister and Barbara join the latest class at...
Subscription RequiredTwo Canadian investment pros are enrolled in the world’s foremost school for venture capitalists. Last month, Real Ventures’ Janet Bannister and Build Ventures’ Rob Barbara joined...
View ArticleOrion to up stake in Victoria Gold with $32 mln investment
U.S. mining private equity firm Orion Mine Finance has agreed to acquire 70.4 million common shares of Victoria Gold Corp (TSX-V: VIT), a Toronto-based gold exploration and development company. Orion...
View ArticleSonder to open second HQ in Canada with close of $275 mln Series D
Montréal-born hospitality brand Sonder has raised about $275 million (US$210 million) in a Series D financing led by Valor Equity, Westcap and Nicolas Pritzker, all new investors. The round values the...
View ArticleAccel-KKR-backed Seequent acquires minority stake in Minalytix
Seequent has acquired a minority interest in Minalytix, a Sudbury, Ontario-based mining data software company. Terms weren’t disclosed. Founded in 2013 by CEO David Peres and COO Robert Patterson,...
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