Georgian Partners leads $27 mln Series C funding of Bidgely
Mountain View, California-based energy management company Bidgely has raised US$27 million in a Series C financing, bringing its total funding to US$51 million. Georgian Partners, a Canadian growth...
View ArticleMachine design platform Vention wins C$3.5 mln in seed funding
Vention, a Montréal-based digital manufacturing platform dedicated to machine design, has secured C$3.5 million in seed-stage financing. White Star Capital led the round with participation from Bolt,...
View ArticleBrookfield-owned GrafTech International launches IPO
GrafTech International Ltd, an Independence, Ohio-based producer of graphite material solutions, has registered with the U.S. Securities and Exchange Commission for a proposed initial public offering...
View ArticleBridging Finance launches debt fund to build cannabis sector
Bridging Finance has officially launched a private debt fund earmarked for infrastructure and consolidation deal opportunities in the cannabis sector. Beginning today, Bridging Infrastructure Fund LP...
View ArticleVC-backed Enerkem inks $125 mln deal with China’s Sinobioway
Enerkem Inc, a Montréal-based producer of biofuels and renewable chemicals from waste, has struck a $125 million strategic partnership with China’s Sinobioway Group. The deal includes equity funding...
View ArticleCPPIB to acquire stake in India’s ReNew Power for $144 mln
Canada Pension Plan Investment Board (CPPIB) has agreed to acquire a 6.3 percent stake in ReNew Power Ventures Pvt Ltd, an Indian renewable energy developer and operator. The interest is being bought...
View ArticleCanadian private equity goes big in 2017 as top deals draw $22 bln
For Canada’s private equity market, 2017 was the most active year in a decade. While the vast majority of deals were mid-market in nature, the headlines focused on a handful of large-caps. They...
View ArticleSoon-to-be PE-owned Napec to acquire HTS assets
Napec Inc (TSX: NPC), which in December agreed to be bought by Oaktree Capital Management, has agreed to acquire the assets of H.T. Sweeney & Son Inc (HTS), a Brookhaven, Pennsylvania-based heavy...
View ArticleSDTC invests $5.9 mln in VC-backed agtech company Hortau
Hortau Inc, a Lévis, Québec-based provider of precision irrigation management services for agriculture, has received an investment of $5.9 million from Sustainable Development Technology Canada (SDTC)....
View ArticleVicente Capital’s ITI acquires Solutions Thru Software
Intellectual Technology Inc (ITI) has acquired Solutions Thru Software, a Medicine Hat, Alberta- and Henderson, Nevada-based provider of driver’s license knowledge testing software. No financial terms...
View ArticleBrookfield, Great Canadian close $170 mln buy of gaming assets
The private equity group of Brookfield Asset Management and Great Canadian Gaming Corp (TSX: GC) have closed their buy of gaming assets in the Greater Toronto Area. The deal, announced last August, had...
View ArticleVenture-backed Element AI heads to Europe via London
Montréal artificial intelligence solutions company Element AI has expanded to Europe, opening an AI lab in London. The office, which will be led by Dr. Julien Cornebise, formerly of DeepMind...
View ArticleAGI-backed Impact XM acquires Endo Networks
Experiential marketing agency Impact XM has acquired the software platform and related assets of Endo Networks Inc, a Toronto-based developer of sales force automation systems. No financial terms were...
View ArticleOntario Teachers’ invests in Stem’s $80 mln Series D round
Stem Inc, a Millbrae, California-based provider of energy storage solutions, has secured US$80 million in a Series D financing. The round was led by Activate Capital and joined by Ontario Teachers’...
View ArticleDeschênes closes buy of bcIMC’s Corix Water Products
Deschênes Group Inc has closed its acquisition of Corix Water Products, a water and wastewater products division of Corix Infrastructure Inc. No financial terms were disclosed for the deal, which was...
View ArticleAlaris Royalty invests $18.8 mln in Heritage Restoration
Canadian alternative equity firm Alaris Royalty Corp has invested $18.8 million (US$15 million) in Heritage Restoration Holdings LLC, a Rockland, Massachusetts-based specialty construction business...
View ArticleOnex wraps up acquisition of SMG from Ares Capital
Canadian private equity firm Onex Corp has wrapped up its acquisition of SMG Holdings Inc, a West Conshohocken, Pennsylvania-based manager of convention centres, stadiums, arenas, theatres, performing...
View ArticleDrone tech provider PrecisionHawk raises $75 mln in VC
Commercial drone provider PrecisionHawk Inc has raised US$75 million in its latest round, bringing total funding to more than US$100 million. Third Point Ventures led the round and was joined by Intel...
View ArticleBDC Capital invests in outerwear retailer Altitude Sports
Altitude Sports, a Montréal-based web retailer specializing in urban and outdoor high-end clothing, has secured an investment from the growth equity group of BDC Capital. No financial terms were...
View ArticleCPPIB among backers of Katerra’s $865 mln Series D
U.S. construction-focused technology startup Katerra Inc has raised US$865 million in a Series D financing. SoftBank Vision Fund led the round with participation from several new and existing...
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