Relay Ventures joins Greenlight’s $16 mln Series A round
Greenlight Financial Technology Inc, an Atlanta, Georgia-based developer of a smart debit card for kids, has secured US$16 million in a Series A financing. The round was led by TTV Capital, a U.S....
View ArticleD-Wave to draw $25 mln more from PSP Investments facility
D-Wave Systems Inc has received a commitment from Public Sector Pension Investment Board (PSP Investments) for an additional $25 million (US$20 million) of a US$50 million convertible notes facility....
View ArticleARC’s STEP Energy to buy U.S. fracking company for $350 mln
STEP Energy Services Ltd (TSX: STEP) has agreed to acquire the issued and outstanding capital stock of Tucker Energy Services Holdings Inc, a Houston-based provider of fracturing and completion...
View ArticleLegUp Computing raises seed financing led by Intel Capital
LegUp Computing Inc has raised undisclosed seed-stage financing led by Intel Capital, the venture investment arm of U.S. technology giant Intel Corp. Based in Toronto, LegUp provides a cloud platform...
View ArticleOMERS increases assets to $95 bln with 2017 11.5 pct return
Ontario Municipal Employees Retirement System (OMERS) reported a net investment return of 11.5 percent last year, compared to a benchmark of 7.3 percent, and a net return of 10.3 percent in 2016....
View ArticleONCAP’s Mavis Discount Tire to merge with Golden Gate’s Express
Mavis Discount Tire, a Millwood, New York-based tire retailer and wholesaler, has agreed to merge with Express Oil Change & Tire Engineers, a Birmingham, Alabama-based provider of car care...
View ArticleTorQuest acquires stake in A&W Food Services of Canada
Canadian private equity firm TorQuest Partners has acquired a “significant” minority interest in A&W Food Services of Canada Inc, a Vancouver-based developer and franchiser of quick-service...
View ArticleLundin Gold unveils $400 mln financing, Newcrest, Orion to invest
Canadian mining company Lundin Gold Inc (TSX: LUG) has launched a US$400 million private placement financing that will complete funding requirements for its Fruta del Norte gold project in Ecuador. The...
View ArticleVenture-backed 500px bought by strategic investor VCG
500px, a Toronto photo community and marketplace, has been acquired by Visual China Group (VCG) for an undisclosed sum. Founded in 2009, 500px provides an online platform for sharing, buying and...
View ArticleCatalyst’s Gateway Casinos inks $500 mln sale-leaseback deal
Canadian gaming company Gateway Casinos & Entertainment Ltd has agreed to a sale-and-leaseback deal involving three casino properties in the Vancouver region. Under the agreement’s terms, an...
View ArticleWestern, ATB to buy Foothills Creamery stake for $27.6 mln
Western Investment Co of Canada and co-investor ATB Capital have agreed to buy a stake in Foothills Creamery Ltd, a Calgary-based producer of dairy products, including butter and ice cream. The...
View ArticleOTEAF, BDC lead $7.4 mln Series A financing of Upchain
Upchain, a Toronto-based collaborative product development platform, has secured $7.4 million in a Series A financing. Canadian venture capital firms OpenText Enterprise App Fund (OTEAF) and BDC...
View ArticleVenture-backed 500px bought by strategic investor VCG
500px, a Toronto photo community and marketplace, has been acquired by Visual China Group for an undisclosed sum. Founded in 2009, 500px provides an online platform for sharing, buying and selling...
View ArticleCatalyst’s Gateway Casinos inks $500 mln sale-leaseback deal
Canadian gaming company Gateway Casinos & Entertainment Ltd has agreed to a sale-and-leaseback deal involving three casino properties in the Vancouver region. Under the agreement’s terms, an...
View ArticlePender holds initial close of mid-stage technology fund
PenderFund Capital Management Ltd has held the first close of a new fund earmarked for investments in mid-stage private and public technology companies primarily located in Western Canada and Western...
View ArticleProvidence-backed Patron acquires Greencopper
Patron Technology has acquired Greencopper, a Montréal-based provider of mobile and web technologies for live events. No financial terms were disclosed. Founded in 2009 by CEO Gwenaël Le Bodic,...
View ArticleContextual Genomics raises $12 mln facility from PacBridge
Vancouver-based cancer genomics company Contextual Genomics Inc has secured $12 million in a facility provided by PacBridge Capital Partners (HK), a Hong Kong growth-stage investment firm. PacBridge’s...
View ArticleBaird Capital-backed SloanLED acquires Litecorr
SloanLED, a U.S. applied light technology solutions company, has acquired Litecorr, a Mississauga, Ontario-based developer and turnkey solutions provider of LED lighting, video screens and POS...
View ArticleVenture-backed Benevity buys British CSR consultancy
Benevity Inc, a Canadian provider of corporate social responsibility (CSR) and employee engagement software, has acquired TrustCSR, a British CSR consultancy that serves enterprise clients. No...
View ArticleAccelerate Fund II invests in AI sofware platform Testfire Labs
Accelerate Fund II has invested an undisclosed amount in Testfire Labs, an Edmonton software startup that develops enterprise productivity tools. Founded in 2015 by CEO Dave Damer, Testfire’s first...
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