OMERS Private Equity to Sell USIC to Leonard Green
OMERS Private Equity, the private equity arm of Ontario Municipal Employees Retirement System, has agreed to sell United States Infrastructure Corp. to U.S. private equity firm Leonard Green &...
View ArticleFrance’s eNovance Raises $8.2M, Expands its Montréal Office
Open-source cloud computing company eNovance Inc., which has offices in Paris, France and Montréal, has raised $8.2 million in financing from European investors Entrepreneur Venture, BNP Paribas, Oséo...
View ArticleOnex Starts Fundraising for Fourth Fund, Commits First $1.2B
Toronto-based buyout firm Onex Corp. (TSX: OCX) announced that it has launched fundraising for its fourth partnership, Onex Partners IV, targeting a fund size of US$4.5 billion. Onex will be the...
View ArticleCaisse de dépôt’s PE Head Normand Provost to Retire
Normand Provost, executive vice-president of private equity at Canadian pension fund manager the Caisse de dépôt et placement du Québec, has announced his retirement after 33 years of service. Provost...
View ArticleCanadian Investment Company Chief to Retire
Doug Pearce, CEO and CIO of British Columbia Investment Management Corp. (BCIMC), has decided to retire in 2014, following 25 years with the Victoria-based public pension fund manager. Pearce will...
View ArticlePE-Backed Match Marketing Closes Fifth Acquisition
Match Marketing Group, a Toronto-based company which provides integrated shopping marketing solutions, bought Marketing Drive LLC, a shopper marketing agency in Norwalk, Connecticut, and its digital...
View ArticleDRI Capital Completes C$600M in Deals in 2012
DRI Capital, a Canadian private equity firm specializing in monetizing royalties it purchases from pharmaceutical and biotechnology companies and others, completed over C$600 million in deals in 2012....
View ArticleOutlook for Canadian PE in 2013 “Positive” – Report
Canada is making a name for itself in private equity. With a stable economy facilitating steady deal-making in the home market and Canadian funds increasingly active abroad, the prognosis for 2013 is a...
View ArticleKohlberg Completes Secondary Sale of Bauer Shares
US private equity firm Kohlberg & Co. has completed its previously announced secondary sale of shares in Bauer Performance Sports Ltd., a Canadian manufacturer of hockey and lacrosse equipment and...
View ArticleEnghouse Systems Acquires PE-Backed Locus AS
Enghouse Systems Ltd., a publicly-traded Canadian software and services company, has agreed to acquire Locus AS, a Norwegian developer and provider of integration software and systems of efficient...
View ArticleMcIntyre Partners Backs Montana Exploration
Calgary-based Montana Exploration Corp., a junior oil and gas company, has closed a previously-announced strategic financing with an affiliate of McIntryre Partners totaling C$3.5 million. Proceeds of...
View ArticleFirst Close of Espresso Fund III Attracts $35M
Vancouver’s Espresso Capital, which provides venture debt financing to technology companies, announced the first close of its Espresso Fund III at C$35 million. The fund, which is focused on tax credit...
View ArticleSmart Apparel Startup OMsignal Gets $1M in Seed Funding
Montréal-based OMsignal Inc., a startup company which develops bio-sensing clothing that connects with mobile devices, has obtained a $1 million seed-stage round of financing. The deal involved...
View ArticleCPPIB and the art of finding great deals in a frothy market
André Bourbonnais is the senior vice-president of private investments at the $193 billion Canada Pension Plan Investment Board (CPPIB). He’s responsible for the public pension fund’s $48 billion in...
View ArticleSuper angel Boris Wertz’s seed fund makes quick ascent to North America’s top 10
In the venture capital world, it often pays to set your sights high. That’s what Boris Wertz, general partner at Version One Ventures, did in February 2013 when he launched the firm’s first micro-fund...
View ArticleWaterton easily beats target for second fund, as LPs see gold in mining
Canadian private equity firm Waterton Global Resource Management has raised just over $1 billion for its second fund focused on the metals and mining industry, handily beating its $750 million target....
View ArticleClairvest to raise at least 75% of Fund V target on first close
A fresh breeze has been blowing in North America’s PE fundraising market of late, bringing relief to many investors with new offerings. But it takes more than that to explain the success that Canadian...
View ArticleChamplain-Backed Merger Creates Groupe JLD Laguë
JLD Group, which is owned by Canadian private equity firm Champlain Financial Corp., announced on Oct. 10 that it has merged with Équipements Laguë to form Groupe JLD Laguë. The merger is effective...
View ArticlePE-Backed Match Marketing Closes Fifth Acquisition
Match Marketing Group, a Toronto-based company which provides integrated shopping marketing solutions, bought Marketing Drive LLC, a shopper marketing agency in Norwalk, Connecticut, and its digital...
View ArticleDRI Capital Completes C$600M in Deals in 2012
DRI Capital, a Canadian private equity firm specializing in monetizing royalties it purchases from pharmaceutical and biotechnology companies and others, completed over C$600 million in deals in 2012....
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