L Catterton’s fourth consumer growth fund raises bulk of $625 mln target
Subscription RequiredL Catterton secured nearly $446 million toward a $625 million target for its fourth consumer-focused growth equity fund, according to an SEC filing. L Catterton Growth Partners IV...
View ArticleCBRE Caledon taps Ontario Teachers’ Pickett to lead infra asset management
Subscription RequiredCBRE Caledon Capital Management recruited Darrin Pickett as vice president of asset management, Buyouts has learned. Pickett joined following a 23-year career, roughly half of it...
View ArticleLong-term investor Altas Partners closes Fund II at $3 bln hard cap
Subscription RequiredAltas Partners, a pioneer of long-life investing, has wrapped up its second fund at a hard cap of $3 billion, Buyouts has learned. Altas Partners Holdings II is triple the size of...
View ArticleOrangewood, led by ex-Carlyle exec Alan Goldfarb, raises initial $100 mln for...
Subscription RequiredOrangewood Partners raised more than $100 million in the first close of its second long-term, mid-market fund, a person with knowledge of the matter told Buyouts. Launched in the...
View ArticleFintech app Mylo secures $10 mln in NAventures-led financing
Mylo, a Montréal-based automated savings and investment app, has secured $10 million in financing, bringing its total funding to $14 million. The latest round was led by NAventures, the venture capital...
View ArticlePE-backed KDC/ONE acquires Benchmark Cosmetic Laboratories
Knowlton Development Corp (KDC/ONE) has acquired Benchmark Cosmetic Laboratories Inc, an Irvine, California-based custom formulator for established and emerging beauty brands. No financial terms were...
View ArticleOMERS recruits Medcan exec to advise on healthcare investing
Subscription RequiredOMERS hired James Aw to serve in the newly created position of chief medical officer, a person with knowledge of the matter told Buyouts. Aw, who officially joined the C$97 billion...
View ArticleLime Rock seeks $1.35 bln for fifth resources fund, renewables offering
Subscription RequiredLime Rock Management is targeting a combined $1.35 billion for a fifth resources fund and a first-time renewable energy vehicle, according to a person with knowledge of the matter...
View ArticleNewbury looks to be ‘biggest small guy’ in secondaries with launch of $1.75...
Subscription RequiredNewbury Partners is targeting $1.75 billion with a hard cap of $2 billion for a fifth secondary fund, according to a person with knowledge of the matter and a Form D fundraising...
View ArticleConsumer research platform Potloc nabs $13 mln in Series A round
Potloc, a Montréal-based provider of consumer intelligence, has raised more than $13 million in a Series A financing. The round, which brings total funding to $17 million, was led by Brightspark...
View ArticleVertu hires CPPIB’s Gil Nayot as partner in advance of fund launch
Subscription RequiredVertu Capital hired Gil Nayot as a partner as the tech private equity firm scopes out fresh deal opportunities and prepares to launch a first fund, Buyouts has learned. Nayot...
View ArticleCharles Émond to lead CDPQ’s PE group with departure of Stephane Etroy
Subscription RequiredStephane Etroy stepped down as executive vice president and head of international private equity at Caisse de dépôt et placement du Québec, a role he held for more than two years....
View ArticleCortec, coming off a run of exits, wraps up Fund VII at $2.1 bln
Subscription RequiredCortec Group this month held the first and final close of its seventh mid-market fund, securing nearly $2.1 billion, Buyouts has learned. Cortec Group Fund VII, launched in August,...
View ArticleCatalyst to acquire $187 mln worth of Hudson’s Bay shares
Catalyst Capital Group said it will acquire a 10.05 percent interest in Canadian department store operator Hudson's Bay Co (TSX: HBC) for about $187 million. The Canadian private equity firm said it...
View ArticleVC-backed MolecuLight nabs $10 mln loan from Oxford Finance
Toronto-based medical imaging company MolecuLight has secured a nearly $10 million (US$7.5 million) loan from Oxford Finance LLC, a U.S. healthcare and life sciences finance firm. The proceeds will...
View ArticleMobile savings app Quber lands $450k in funding, NBIF invests
Quber Technologies, a Moncton-based mobile savings app, has raised $450,000 in financing. New Brunswick Innovation Foundation (NBIF) invested $200,000 in the round. The balance was accounted for by...
View ArticleHeico buys majority of shredding systems maker Shred-Tech
Heico Co has acquired a majority stake in Shred-Tech Corp, a Cambridge, Ontario-based designer and maker of mobile and stationary shredding equipment for the document destruction and recycling...
View ArticleCDPQ to invest $500 mln in Mexican pharma business Sanfer
Caisse de dépôt et placement du Québec (CDPQ) has agreed to invest US$500 million ($664 million) in Laboratorios Sanfer SA, a Mexico City-based pharmaceutical company. The deal, expected to close later...
View ArticleGenstar-owned Pretium Packaging buys Starplex Scientific
Pretium Packaging LLC has acquired Starplex Scientific Inc, a Toronto-based maker of plastic containers and closures for the food, specialty beverage, household and industrial, sports nutrition,...
View ArticleCrown Capital supplies additional $17 mln to Rokstad, DCM
Canadian specialty finance firm Crown Capital Partners has provided $17 million of additional debt financing to two portfolio companies. Crown supplied a $10 million bridge facility to Rokstad Holdings...
View Article