Sophie Forest named angel of the year by NACO, BDC Capital
Sophie Forest, managing partner at Brightspark Ventures, has won the 2017 Canadian Angel of the Year Award, the National Angel Capital Organization (NACO) announced. The award, which is sponsored by...
View ArticleFFL-owned Icynene to buy Lapolla Industries in $160 mln deal
Icynene Inc, a Canadian maker and distributor of spray polyurethane foam (SPF) insulation products, has agreed to acquire all of the outstanding shares of Lapolla Industries Inc, a Houston, Texas-based...
View ArticlePE veteran George Rossolatos to head Canadian Business Growth Fund
The Canadian Business Growth Fund has appointed George Rossolatos as its CEO effective January 2018. Rossolatos, formerly a partner at Canadian private equity firm TorQuest Partners, will work...
View ArticleSprott, Ceres Partners to form institutional farmland fund
Canadian alternative assets manager Sprott Inc (TSX: SII) has partnered with Ceres Partners, a U.S. farmland private equity firm, in the launch of a new institutional farmland fund. The Ceres-Sprott...
View ArticleGeorgian Partners backs Bluecore’s $35 mln Series C round
Bluecore Inc, a New York-based decisioning platform for retail and brand marketers, has closed a US$35 million Series C financing. The round was led by U.S. venture capital and growth equity firm...
View ArticleCTI Life Sciences invests in Visterra’s $46.7 mln Series C
U.S. clinical-stage biotechnology company Visterra Inc has wrapped up its Series C financing, raising US$46.7 million in total. The round was backed by existing and new investors. The latter include...
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Lace ‘em up! Birch Hill’s closing on CCM signals start of PE hockey brawl
Birch Hill Equity Partners’ recent wrap-up of its buy of CCM Hockey signals the start of a potentially fierce contest between hockey brands acquired this year by private equity firms. Birch Hill agreed...
View ArticleLifeRaft closes $1.45 mln Series A round led by Mike Durland
Halifax-based corporate security software provider LifeRaft has raised $1.45 million in a non-dilutive Series A financing. The round, which follows LifeRaft’s $2 million financing last year, was led by...
View ArticleSwept raises $2.5 mln in financing co-led by iNovia, Afore
Swept, a Halifax-based provider of software solutions for the janitorial industry, has raised about $2.5 million (US$2 million) in funding, according to a report by Entrevestor. Canadian venture...
View ArticleCaisse de dépôt, Desjardins unveil $75 mln fintech VC fund
Caisse de dépôt et placement du Québec and Desjardins Group have created a venture capital fund focused on opportunities in the financial technology sector and the application of artificial...
View ArticleBregal Partners’ Aqua Terra files to go public in Canada
AQTWM Inc, or Aqua Terra Water Management LP, has filed a preliminary prospectus with domestic securities regulatory authorities for an initial public offering of its common shares. The IPO, which has...
View ArticlePSP Investments, AIMCo join buy of Parkhouse Apartment Homes
Canadian pension funds Public Sector Pension Investment Board (PSP Investments) and Alberta Investment Management Corp (AIMCo) have partnered with Starlight Investments to buy Parkhouse Apartment...
View ArticleRewards app Drop seeded with $5.5 mln in Sierra-led round
Toronto-based millennial-focused rewards program Drop has secured $5.5 million in a seed-stage financing. The round was led by U.S. venture capital firm Sierra Ventures with participation from White...
View ArticlePayment Rails closes seed round, grows funding to $1.1 mln
Toronto-based financial technology startup Payment Rails has closed a seed-stage financing, bringing its total funding to $1.1 million. The seed round was backed by angel investors, including financial...
View ArticleOrion to invest $50 mln in gold miner Dalradian Resources
Toronto-based mining company Dalradian Resources Inc (TSX: DNA) has struck a private placement and warrant exercise agreement that will generate about $84.75 million in funding. Of the total amount,...
View ArticleCaisse partners in $1.35 bln buy of Mexican wind and solar assets
Caisse de dépôt et placement du Québec has partnered with CKD Infraestructura México (CKD IM) to acquire 80 percent of a portfolio of eight wind and solar assets in Mexico owned by Enel Green Power...
View ArticleAccelerate Fund II invests in digital ad network Visio Media
Accelerate Fund II, an Alberta early-stage angel co-investment fund, has invested an undisclosed amount in Visio Media Inc, an Edmonton digital out-of-home advertising network. Founded in 2011, Visio...
View ArticleHIVE Blockchain raises $7 mln in funding, buys second data centre
HIVE Blockchain Technologies Ltd (TSX-V: HIVE) has secured $7 million in a private placement deal with Genesis Mining Ltd, an existing strategic investor. The round was closed concurrently with a $30...
View ArticleSignal Hill-backed City Wide Towing acquires Capital Towing
City Wide Towing & Recovery Service Ltd recently acquired Capital Towing and Recovery Inc, a Sherwood Park, Alberta-based provider of towing and recovery services. No financial terms were released...
View ArticlePSP Investments, Ontario Teachers’ partner in CeramTec buy
A consortium led by European private equity firm BC Partners has agreed to acquire CeramTec Group, a Plochingen, Germany-based supplier of advanced ceramic products. Canadian pension funds Public...
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