BDC Capital’s growth equity group invests in TeraXion’s succession
TeraXion, a Québec City-based designer and maker of photonic components, has finalized a succession plan and restructured its share capital. The deal was backed by an undisclosed minority investment...
View ArticleAgtech company Vive Crop Protection raises $10 mln in funding
Mississauga, Ontario-based agricultural technology company Vive Crop Protection has secured $10 million in follow-on financing. The round was backed by new and existing investors, including U.S....
View ArticleCanada’s PE market slows in H1 with $4.9 bln invested: CVCA
Canada’s private equity (PE) market saw $3 billion invested in 158 deals in the second quarter of 2019, up 54 percent from three months earlier but down 63 percent from Q2 2018, according to a report...
View ArticleCanadian VC hits record level in H1 with $2.15 bln invested: CVCA
Canada’s venture capital (VC) market saw a record $1.28 billion invested in 143 financings in the second quarter of 2019, surpassing the prior record set in Q4 2018 , according to a report by the...
View ArticleInterface Fluidics nabs $6 mln in Equinor and Techstars-led Series A
Interface Fluidics, a Calgary-based oilfield laboratory services provider, has raised about $6 million (US$4.5 million) in a Series A financing. Equinor Technology Ventures, the venture capital arm of...
View ArticleCapStreet Group-owned Marco acquires Bell & MacKenzie
Marco Group International has acquired Bell & MacKenzie Co Ltd, a Hamilton, Ontario-based packager and distributor of abrasives and distributor of blast equipment and parts and accessories. No...
View ArticleAltas Partners to acquire DuBois Chemicals from Jordan Co
Canadian long-term private equity firm Altas Partners has agreed to acquire DuBois Chemicals Inc, a Sharonville, Ohio-based provider of customized specialty chemical solutions. Terms weren’t released...
View ArticleESSA Pharma wraps up $48 mln offering and private placement
Vancouver-based pharmaceutical company ESSA Pharma Inc (Nasdaq: EPIX, TSX-V: EPI) has closed a public offering and private placement, generating proceeds of about $48 million (US$36 million). The...
View ArticleHBC to sell Lord + Taylor to venture-backed Le Tote for $100 mln
Canadian retailer Hudson’s Bay Co (TSX: HBC) has agreed to sell its Lord + Taylor department store operations to Le Tote Inc, a San Francisco-based fashion rental subscription service. HBC will receive...
View ArticleTriWest Capital-backed Lithion Power acquires Aved Electronics
Lithion Power Group, a portfolio company of TriWest Capital Partners, has acquired Aved Electronics, a North Billerica, Massachusetts-based battery pack manufacturing, cable and harness assembly and...
View ArticleSmart factory platform Worximity lands $6.25 mln in Series A
Worximity Technology, a Montréal-based smart factory analytics provider, has secured $6.25 million in a Series A financing. The round included a $5 million strategic investment by Marel, an Irish...
View ArticleePACT becomes first Canadian woman-led deal of Elaine Kunda’s Disruption...
Subscription RequiredEmergency preparedness and communications solution ePACT Network has closed a Series A financing, raising C$4.5 million ($3.4 million), Venture Capital Journal has learned. The...
View ArticleGI Partners’ Doxim buys utilities communications specialist Utilitec
Doxim has acquired Utilitec, a Troy, Michigan-based provider of data processing, e-presentment, bill payment and delivery, and other customer communications solutions for the metered services industry....
View ArticleOPTrust taps SSGA’s Peter Lindley as president and CEO
Canadian pension fund manager OPTrust has appointed Peter Lindley as president and CEO, effective September 16. Lindley joins from U.S. asset manager State Street Global Advisors Ltd (SSGA), where he...
View ArticleAifred Health raises $490k to support treatment of depression
Montréal-based digital health company Aifred Health has secured more than $490,000 in financing. The round was backed by Anges Québec, other angel investors based in Ontario and the United Kingdom, and...
View ArticleCanopy Rivers-backed TerrAscend to acquire State Flower
TerrAscend Corp has agreed to acquire ABI SF LLC, which operates a San Francisco-based cannabis cultivation facility and owns State Flower, a cannabis flower brand. TerrAscend, a Toronto-based cannabis...
View ArticleTemenos to buy Georgian Partners-backed Kony for $559 mln
Temenos has agreed to acquire Kony Inc, an Austin, Texas-based digital and mobile application development company focused on the financial sector. Tenemos agreed to buy Kony for an enterprise value of...
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ePACT becomes first Canadian woman-led deal of Elaine Kunda’s Disruption...
Emergency preparedness and communications solution ePACT Network has closed a Series A financing, raising $4.5 million, PE Hub Canada has learned. The round, which brings total funding to $12...
View ArticleCDPQ acquires minority stake in Brookfield-owned Healthscope
Caisse de dépôt et placement du Québec (CDPQ) has closed an agreement to co-invest in Healthscope Ltd, a Melbourne, Australia-based private hospital operator, alongside the private equity group of...
View ArticleOTPP partners in launch of Sidewalk Infrastructure Partners
Ontario Teachers’ Pension Plan (OTPP) has partnered with Alphabet Inc to form Sidewalk Infrastructure Partners (SIP), a platform for investing in and holding technology-enabled sustainable...
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