Bayer to acquire VC-backed BlueRock Therapeutics in $1.3 bln deal
Bayer AG has agreed to acquire BlueRock Therapeutics, a Toronto- and Cambridge, Massachusetts-based developer of engineered cell therapies. The deal, expected to close in Q3 2019, values BlueRock at...
View ArticleCIBC Innovation Banking provides loan to VC-backed Bridgit
CIBC Innovation Banking has provided undisclosed debt financing to Bridgit, a Kitchener, Ontario-based construction software provider. The funding came alongside Bridgit’s Series A round. This year,...
View ArticleEquicapita acquires majority of logistics business Wingenback
Canadian private equity firm Equicapita has acquired a 70 percent interest in Wingenback Inc, a Calgary-based industrial and commercial logistics business, for an undisclosed amount. The deal, which...
View ArticleCanadian Tire to buy unit of THL-backed Party City for $174 mln
Canadian Tire Corp Ltd (TSX: CTC, CTC.A) has agreed to acquire the Canadian business of Party City, a Rockaway, New Jersey-based specialty party goods retailer. Canadian Tire agreed to pay $174.4...
View ArticleWind Point Partners-backed Pestell acquires Pro-Ag, Verus
Pestell Group has acquired Winnipeg-based Pro-Ag Products and Verus Animal Nutrition, which together provide feed ingredients, feed additives and animal nutrition products in the North American market....
View ArticleDWHP acquires majority stake in Belgium’s Cefaly Technology
DW Healthcare Partners (DWHP) has acquired a majority stake in Cefaly Technology SPRL, a Liège, Belgium-based maker and marketer of neuro-modulating medical devices for the prevention and treatment of...
View ArticleSalonScale Technology closes $1 mln seed deal, Conexus invests
SalonScale Technology, a Saskatoon-based mobile app for the hair salon industry, has closed its seed-stage financing, raising more than $1 million. The round’s Canadian and U.S. investors included...
View ArticleRHI Group leads investment in retail tech platform reebee
Reebee, a Kitchener, Ontario-based retail technology company, has secured undisclosed financing led by RHI Group, a Canadian digital marketing investment firm. M33 Growth, a U.S. venture capital and...
View ArticleCaisse de dépôt invests in growth, diversification of Golf Avenue
Caisse de dépôt et placement du Québec has made an undisclosed equity investment in Golf Avenue, a Montréal-based online retailer of pre-owned golf equipment. The deal’s proceeds will fund the...
View ArticleCorvus Energy secures investment from Shell’s venture arm
Corvus Energy, a Richmond, British Columbia-based developer of maritime energy storage solutions, has raised additional, undisclosed financing. The investor was Shell Ventures, the venture capital arm...
View ArticleKensington to buy Centric Health’s surgical and medical centres unit
Centric Health Corp (TSX: CHH) has agreed to sell its surgical and medical centres business to Kensington Private Equity Fund (KPEF) and Kensington Capital Advisors, KPEF’s manager. The deal, which...
View ArticleAir Canada increases Transat acquisition offer to $720 mln
Air Canada (TSX: AC) has increased the purchase price for its acquisition of all the issued and outstanding shares of Transat AT Inc (TSX: TRZ), a Montréal-based tour operator, to $18 per unit. The...
View ArticleAgtech provider SomaDetect raises $2.6 mln in seed financing
Fredericton-based agricultural technology company SomaDetect has closed a seed-stage financing, raising about $2.6 million (US$2 million). New Brunswick Innovation Foundation, the Western New York...
View ArticleFreshly capitalized Fiix acquires U.S.-based Alchemy IoT
Fiix, a Toronto-based maintenance and asset management software provider, has acquired Alchemy IoT, a Lafayette, Colorado-based industrial asset intelligence company. No financial terms were disclosed....
View ArticlePangaea co-leads Hazel Technologies’ $13 mln Series B deal
Hazel Technologies Inc, a Chicago-based agricultural technology company focused on combating food waste, has raised US$13 million in a Series B financing. The round was led by Pangaea Ventures, a...
View ArticleUniversal mCloud nabs $13 mln loan from former IAM fund
Universal mCloud Corp (TSX-V: MCLD) has received a $13 million loan from Integrated Private Debt Fund VI. The proceeds will be used to support the recent acquisition of Autopro Automation Consultants...
View ArticleBrookfield to acquire control of Genworth Canada for $2.4 bln
The private equity group of Brookfield Asset Management has agreed to acquire a 57 percent controlling interest in Genworth MI Canada Inc (TSX: MIC), an Oakville, Ontario-based private residential...
View ArticleCBGF, BGF team up in $15 mln investment in Appnovation
Vancouver-based digital consultancy Appnovation has secured a $15 million minority investment from Canadian Business Growth Fund (CBGF) and U.K.-based BGF. Founded in 2007 by CEO Arnold Leung,...
View ArticleReal estate tech startup Properly nabs $22 mln in Series A round
Toronto-based real estate technology provider Properly has raised $22 million in Series A financing, consisting of $12 million in equity and an initial $10 million debt facility. The equity funding was...
View ArticleFamily office Cunaxa Ventures acquires NFE Manufacturing
Canadian family office Cunaxa Ventures has acquired NFE Manufacturing Inc, a Chemainus, British Columbia-based fabrication, engineering and field fabrication business. No financial terms were...
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