Proterra-backed Tacora Resources buys Scully Mine
Tacora Resources Inc, an iron ore mining and development company, has acquired the assets of the Scully Mine located in Wabush, Newfoundland and Labrador. No financial terms were released for the deal,...
View ArticlebcIMC earns 12.4 pct return in fiscal 2017, assets hit $13.6 bln
The British Columbia Investment Management Corp (bcIMC) reported a 12.4 percent annual return in fiscal 2017, versus a combined market benchmark of 11.7 percent. This resulted in $680 million in added...
View ArticleIronbridge acquires Armtec’s precast concrete products unit
Canadian private equity firm Ironbridge Equity Partners has bought the assets of Armtec LP’s Ontario Standard Precast Concrete division. No financial terms were released. Ironbridge said the business,...
View ArticleNovacap’s fifth tech-buyout fund blows by target, raises C$840 mln
Subscription RequiredCanadian private equity firm Novacap has closed its fifth mid-market technology fund, securing C$840 million ($667 million) with the help of an expanded base of limited partners....
View ArticleNovacap’s fifth tech-buyout fund blows by target, raises $840 mln
Novacap has closed its fifth mid-market technology fund, securing $840 million with the help of an expanded base of limited partners. Novacap TMT V exceeded by 40 percent its original goal of $600...
View ArticleNovacap invests in ready-to-assemble furniture maker Bestar
Canadian private equity firm Novacap has invested in Bestar Inc, a designer, maker and distributor of ready-to-assemble home and office furniture primarily sold online in Canada and the United States....
View ArticleChat platform Ada Support raises $2.5 mln in Bessemer-led round
Ada Support Inc has emerged from stealth to launch its automated chat platform and raise $2.5 million in initial funding. The round was led by U.S. venture capital firm Bessemer Venture Partners and...
View ArticleFintech provider TickSmith wins $2 mln strategic investment
Montréal-based financial technology startup TickSmith Corp has closed a $2 million strategic investment with Illuminate Financial Management, a U.K. venture capital firm. Launched in 2012, TickSmith...
View ArticleBlackRock Real Assets to co-own Texas wind project with Alterra
Vancouver renewable energy company Alterra Power Corp (TSX: AXY) has agreed to share ownership of the 200 megawatt Flat Top wind project with BlackRock Real Assets, an affiliate of U.S. investment...
View ArticleCPS Capital makes investment in nutrition CRO KGK Science
KGK Science Inc, a contract research organization (CRO) offering human clinical trials and regulatory services to the health nutrition industry, has secured an investment from CPS Capital, a Canadian...
View ArticleFintech platform Borrowell raises $12 mln in VC, $45 mln in debt
Toronto financial technology company Borrowell has secured $12 million in a Series A financing. The round was led by Portag3 Ventures, Equitable Bank and White Star Capital and joined by FirstOntario...
View ArticleReal Ventures invests in Insight Engines’ $15.8 mln Series A
Insight Engines Inc has raised US$15.8 million in a Series A financing. The round was led by U.S. venture capital firm August Capital, with participation from several other investors, including Splunk,...
View ArticleFive questions with John Ruffolo, CEO of OMERS Ventures
The Ontario Municipal Employees Retirement System launched an in-house venture program in 2011, making it one of the few pensions worldwide to invest directly in the asset class. Today, the $85.2...
View ArticleOMERS to earn 2.6x its money with $1.72 bln sale of Civica
OMERS Private Equity (OPE) has agreed to sell Civica, a U.K. provider of public sector software, digital solutions and technology-based outsourcing services, for about $1.72 billion (£1.055 billion)....
View ArticlePower Survey raises $30 mln in Series A2 financing round
Montréal-based power quality systems maker Power Survey and Equipment Ltd has raised about $30 million (US$24 million) in a Series A2 financing. The round was initiated by the company’s majority...
View ArticleAcasta adjusts leadership to reposition as a public company
Acasta Enterprises Inc (TSX: AEF) has changed its leadership to reposition itself as a public company from a special purpose acquisition corporation. Acasta’s board now consists of Geoff Beattie as...
View ArticleIMCO launched to manage $60 bln in Ontario institutional assets
The Investment Management Corp of Ontario (IMCO), a Toronto manager of institutional assets, has officially commenced operations. IMCO was formed by the Ontario government in 2016 to provide public...
View ArticleiNovia Capital leads $8 mln Series A financing of SnapTravel
Hotel booking service SnapTravel has secured $8 million in a Series A financing. Canadian venture capital firm iNovia Capital led the round and was joined by existing backers Lightbank, Bee Partners...
View ArticlePower Survey raises $24 mln in Series A2 financing round
Montréal-based power quality systems maker Power Survey and Equipment Ltd has raised about $24 million in Series A2 financing. The round was initiated by the company’s majority investor EnerTech...
View ArticleDane Creek Capital to buy pet assets of Nature’s Way Canada
Dane Creek Capital Corp (DCCC) has agreed to acquire the non-manufacturing pet assets of Nature’s Way Canada, a Dartmouth, Nova Scotia maker of supplements for dogs and cats under the CanineOmega3 and...
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