Brookfield-owned Westinghouse buys NA Engineering Associates
Westinghouse Electric Co has acquired NA Engineering Associates Inc, a Stratford, Ontario-based provider of engineering solutions, including for the nuclear sector. No financial terms were disclosed....
View ArticleWorkplace training app headversity raises $1 mln in seed deal
Calgary-based workplace resilience training app headversity has raised $1 million in a seed-stage financing. The round was backed by unidentified angel investors. Founded in 2017 by CEO Ryan Todd, CPO...
View ArticleBC and OTPP-backed GFL Environmental files for cross-border IPO
Toronto-based waste management company GFL Environmental Inc has filed a registration statement with the U.S. Securities and Exchange Commission and a preliminary prospectus with Canadian securities...
View ArticleSource Capital-backed M&M acquires Carnot Refrigeration
M&M Refrigeration LLC has acquired Carnot Refrigeration, a Trois-Rivières, Québec-based provider of carbon dioxide (CO2) transcritical systems, for an undisclosed amount. Founded in 2008 by CEO...
View ArticleU.S. hedge fund leads Neptune’s $54 mln private placement
Neptune Wellness Solutions Inc (TSX, Nasdaq: NEPT), a Laval, Québec-based cannabis extraction business, has completed a private placement, generating about $54.1 million (US$41.4 million) in proceeds....
View ArticleOdey to vote for Barrick Gold’s acquisition of Acacia: Reuters
Odey Asset Management said it intends to vote in favour of Barrick Gold Corp‘s final offer to buy out minority shareholders of Acacia Mining plc, a London, U.K.-based gold producer in Africa, Reuters...
View ArticleThomson Reuters wraps up buy of Great Hill-backed Confirmation
Thomson Reuters (TSX, NYSE: TRI) has closed its acquisition of Confirmation, a Nashville, Tennessee-based provider of secure audit confirmation services. Terms weren’t released for the deal, which was...
View ArticleCDPQ calls SNC Lavalin performance ’cause of growing concern’
Caisse de dépôt et placement du Québec (CDPQ) said deterioration in the performance of SNC-Lavalin Group Inc (TSX: SNC), a Montréal-based construction and engineering company, is a “cause of growing...
View ArticleBC Partners to buy majority of Garda World in $5.2 bln deal: WSJ
U.K. private equity firm BC Partners is nearing a deal to buy a majority interest in Garda World Security Corp, a Montréal-based security services provider, according to a report by the Wall Street...
View ArticleDW Healthcare Partners secures $610 mln in close of Fund V
DW Healthcare Partners (DWHP) has closed its fifth healthcare private equity fund, securing US$610 million of committed capital. DW Healthcare Partners Fund V is the Toronto- and Park City, Utah-based...
View ArticleBC Partners, Stephan Crétier confirm $5.2 bln recap of Garda World
A group led by U.K. private equity firm BC Partners and Chairman and CEO Stephan Crétier have agreed to acquire Garda World Security Corp, a Montréal-based security services provider, in a $5.2 billion...
View ArticleCatalyst Capital offers to buy HBC shares to block acquisition bid
Catalyst Capital Group has offered to buy up to 14.8 million common shares of Canadian retailer Hudson’s Bay Co (TSX: HBC) for $10.11 per unit, or $150 million. The offer will remain open until August...
View ArticleTeam funding app FlipGive nabs $5 mln in Framework-led Series A
Toronto-based sports team funding app FlipGive has secured $5 million in a Series A financing. The round was led by Canadian software venture capital firm Framework Venture Partners. Framework’s...
View ArticleUrban analytics platform Ratio.City closes $1 mln seed financing
Ratio.City, a Toronto-based urban analytics platform, has raised $1 million in a seed-stage financing. U.S. early-stage venture capital firm 2048 Ventures led the round. Also investing were Riocan Real...
View ArticleTeam funding app FlipGive nabs C$5 mln in Framework-led Series A
Toronto-based sports team funding app FlipGive has secured C$5 million in a Series A financing. The round was led by Canadian software venture capital firm Framework Venture Partners. Framework’s...
View ArticleCompass Datacenters buys ABRY and Goldman Sachs-backed ROOT
Compass Datacenters LLC has acquired ROOT Data Center, a Montréal-based wholesale data centre provider, for an undisclosed amount. ROOT was founded in 2014. The company’s CEO, AJ Byers, will join...
View ArticleWestJet shareholders approve $3.5 bln acquisition by Onex
Shareholders and option-holders of WestJet Airlines Ltd (TSX: WJA) have voted to approve its deal to be acquired by Canadian private equity firm Onex Corp. More than 92.5 percent of the votes cast at a...
View ArticleBDC funds, advises record 60k business owners in fiscal 2019
BDC provided financing and advisory services to a record 60,000 Canadian business owners in fiscal 2019, up 7 percent from a year ago, according to its annual report. Committed capital of BDC Capital,...
View ArticleWestJet shareholders approve C$3.5 bln acquisition by Onex
Shareholders and option-holders of WestJet Airlines Ltd have voted to approve its deal to be acquired by Canadian private equity firm Onex Corp. More than 92.5 percent of the votes cast at a special...
View ArticleLuci.ai raises $500k seed round, unveils AI scheduling platform
Luci.ai, a Toronto-based artificial intelligence (AI) technology startup founded this year, has raised $500,000 in a seed-stage financing. The round’s investors were not disclosed. Luci.ai also...
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