Yaletown ups emerging-growth fund’s target with C$100 mln first close
Subscription RequiredYaletown Partners raised more than C$100 million ($78 million) in initial commitments for its emerging-growth tech fund, encouraging the firm to bump up the pool’s target, two...
View ArticleBrightspark raises $6 mln in Kensington-led investment
Canadian early-stage venture capital firm Brightspark has raised $6 million in a round led by Kensington Capital Partners, a Canadian alternative investment firm. The proceeds will be used to advance...
View ArticleRhône’s Steven Langman joins HBC board with deal close
U.S. private equity firm Rhône Capital has closed its $632 million (US$500 million) equity investment in Canadian retailer Hudson’s Bay Co (TSX: HBC). As a result, Rhône Managing Director M. Steven...
View ArticleAssets of McRock-backed RtTech Software sold to Aspen
Aspen Technology Inc (NASDAQ: AZPN) has acquired the Cipher industrial internet-of-things cloud-native software and edge connectivity assets of RtTech Software Inc. No financial terms were disclosed...
View ArticleCarlton wins investment from HIG Growth, plans rebranding
Carlton Group has received an undisclosed investment from HIG Growth Partners, an affiliate of U.S. private equity firm HIG Capital. Based in Toronto, Carlton delivers software-as-a-service (SaaS)...
View ArticleCaisse-backed eStruxture buys printing facility for $150 mln
EStruxture Data Centers Inc has acquired the Montreal Gazette‘s former printing facility. The investment, valued at $150 million, will result in the facility’s conversion into a data centre with 30...
View ArticleBlackstone acquires secure data classification provider Titus
U.S. private equity firm Blackstone Group has acquired a majority interest in Titus Inc, a Canadian provider of secure data classification and categorization solutions. No financial terms were...
View ArticleKKR, Caisse-backed Sedgwick to buy Cunningham Lindsey
Sedgwick Claims Management Services Inc has agreed to acquire Cunningham Lindsey, a Tampa, Florida-based loss adjusting and claims management company. No financial terms were released. Memphis,...
View ArticleAnges Québec invests in medtech company Sig.num
Sig.num, a Montréal-based medical technology startup, has raised undisclosed financing from 10 members of angel network Anges Québec and Anges Québec Capital. Founded in 2014 by CEO David Nadezhdin and...
View ArticleNorthleaf Capital wraps up private credit fund at $670 mln
Northleaf Capital Partners has closed its private credit fund at more than US$670 million in committed capital. Northleaf Private Credit I, which was backed by new and existing institutional investors,...
View ArticleCPPIB buys stake in Hong Kong logistics vehicle for $320 mln
Canada Pension Plan Investment Board (CPPIB) has acquired an interest in Goodman Hong Kong Logistics Partnership (GHKLP), owner of a portfolio of modern warehouse properties in Hong Kong. CPPIB paid...
View ArticleOaktree’s Neo raises $200 mln from IPO, begins TSX trading
Neo Performance Materials Inc, an advanced materials supplier, has closed its initial public offering in Canada. The company raised gross proceeds of more than $200 million, all of which will go to its...
View ArticleFiera Comox taps former Caisse exec Patrick Lynch as PE partner
Fiera Comox, a private equity and agriculture investment affiliate of Fiera Capital Corp, has hired Patrick Lynch as a partner, private equity. Prior to joining the firm, Lynch was head of funds and...
View ArticleCaisse de dépôt to invest in BNP Paribas-backed Innocap
Caisse de dépôt et placement du Québec has agreed to invest in Innocap Investment Management Inc, a Montréal-based provider of managed account solutions. No financial terms were released for the equity...
View ArticleNova Scotia commits $25 mln to two new venture funds
The Government of Nova Scotia plans to commit $15 million to a new venture capital fund that will invest in late-stage technology companies located in the province and elsewhere in Atlantic Canada. The...
View ArticleOnex to acquire venue management company SMG World
Canadian private equity firm Onex Corp has agreed to acquire SMG Holdings Inc (SMG World), a West Conshohocken, Pennsylvania-based manager of convention centres, stadiums, arenas, theatres, performing...
View ArticleImmunoBiochem raises funding from angels, founding investor
Canadian biopharmaceutical company ImmunoBiochem Corp has raised undisclosed financing. The round was backed by angel investors and the company’s founding investor, which were not identified. Located...
View ArticleFiresteel inks $20.6 mln funding deal with Pandion
Vancouver-based junior mining company Firesteel Resources Inc (TSX-V: FTR) has raised US$20.6 million in funding under a prepaid forward gold purchase agreement. The agreement was made with an...
View ArticleTiger Infrastructure backs cable system developer Crosslake
Tiger Infrastructure Partners, a U.S. infrastructure private equity firm, has made an undisclosed investment in Crosslake Fibre Inc, a Toronto developer of fibre-optic projects in Canada and the United...
View ArticleNovacap, other investors finance KDC’s buy of Northern Labs
Knowlton Development Corp (KDC) has acquired Northern Labs Inc, a Manitowoc, Wisconsin-based full-service liquid product contract manufacturer. No financial terms were disclosed for the deal, which was...
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