VC-backed Blue Ant Media buys Australian Geographic
Blue Ant Media Inc has acquired Australian Geographic magazine and its associated assets, from publisher Bauer Media Australia. No financial terms were disclosed. The deal will see the bi-monthly...
View ArticleBirch Hill’s Cozzini Bros merges with Maestranzi Bros
Commercial knife sharpening company Cozzini Bros Inc has entered into a strategic partnership with Maestranzi Brothers Grinding & Supply LLC, a Harwood Heights, Illinois-based cutlery, sharpening...
View ArticlePanache Ventures unveils first seed fund in $25 mln initial close
Panache Ventures, a new Montréal-based early-stage venture capital firm, has launched its debut fund. Panache Ventures I, which raised $25 million in an initial close, will invest in pre-seed and seed...
View ArticleCanadian PE rebounds in 2017 with $26.3 bln invested: CVCA
Canada’s private equity market rebounded in 2017, with $26.3 billion invested in more than 603 deals, up 90 percent compared to $13.8 billion invested the year before, according to a report by the...
View ArticleCanadian VC hits $3.5 bln invested in 2017, up 11 pct: CVCA
Canada’s venture capital market saw 11 percent growth in 2017 with $3.5 billion invested in 592 financings, compared to $3.2 billion invested in 2016, according to a report by the Canadian Venture...
View ArticleSmart thermostat maker Ecobee lands $80 mln in Series C
Ecobee Inc, the Toronto-based maker of a smart Wi-Fi thermostat, has secured $80 million in a Series C financing, bringing its total funding to date to about $188 million. Energy Impact Partners led...
View ArticleNewterra acquires Aeration from Granite Partners
Newterra Ltd has acquired Aeration Industries International LLC, a Chaska, Minnesota-based provider of wastewater aeration and mixing solutions. No financial terms were released for the deal, which saw...
View ArticleAxis Auto Finance to buy Trend Financial for $29.3 mln
Axis Auto Finance has agreed to acquire Trend Financial Corp, a Toronto-based sub-prime automotive lender, for about $29.3 million in cash and shares. The deal is expected to close on or about April 2....
View ArticleSmart factory platform Poka raises $10 mln in latest round
Poka, a Québec City-based social industrial platform, has raised $10 million in its latest financing, according to a report by BetaKit. The round was led by Espace CDPQ, an entrepreneurial hub created...
View ArticleCona Resources to be taken private by Waterous Energy Fund
Calgary crude oil producer Cona Resources Ltd (TSX: CONA) has agreed to a proposal to be taken private by Waterous Energy Fund, the company’s majority investor. Waterous, a Canadian energy private...
View ArticleOntario Teachers’ to sell Heartland Dental stake to KKR
Ontario Teachers’ Pension Plan has agreed to sell a majority interest in U.S. dental support organization Heartland Dental to KKR. No financial terms were disclosed for the deal, which will see Ontario...
View ArticleMojio tops up $30 mln Series B for connected car roll-outs
Vancouver-based connected car platform Mojio Inc has raised an undisclosed investment from European venture capital firm Iris Capital and Telus Ventures, the strategic venture capital arm of Telus...
View ArticleBrookfield expected to go big in launch of fifth PE fund
Subscription RequiredBrookfield Asset Management PE group will soon launch its biggest fund yet to support an intensified global strategy that is taking dealmaking into new territory. Brookfield...
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Brookfield expected to go big in launch of fifth PE fund
The private equity group of Brookfield Asset Management will soon launch its biggest fund yet to support an intensified global strategy that is taking dealmaking into new territory. Brookfield Capital...
View ArticleOrion to invest in Victoria Gold’s $505 mln project financing
Toronto-based mining company Victoria Gold Corp (TSX-V: VIT) has agreed to a $505 million financing package to fund development of its Eagle Gold project in Yukon through to commercial production. The...
View ArticleBDC partners with WEOC to support women entrepreneurs
The Business Development Bank of Canada (BDC) has entered into a partnership with Women’s Enterprise Organizations of Canada (WECO) to support women entrepreneurs and increase their financing...
View ArticleHOOPP’s assets hit $78 bln with 10.9 pct return in 2017
Healthcare of Ontario Pension Plan (HOOPP) reported an investment rate of return of 10.88 percent last year, which exceeded its portfolio benchmark by 2.99 percent. The pension fund’s 10-year...
View ArticleTIMIA invests $2 mln in local discovery tool Parkbench
Canadian specialty finance firm TIMIA Capital Corp has provided a $2 million funding facility to Parkbench Inc, a Toronto discovery service for local events, deals, news and real estate. The...
View ArticleDavidsTea co-founder to explore privatization option
Canadian specialty tea and tea accessory retailer DavidsTea Inc (Nasdaq: DTEA) said Herschel Segal, who co-founded the company in 2008, has resigned from the board. In a letter to the board on behalf...
View ArticlePurpose Financial to buy TorQuest-backed Thinking Capital
Purpose Financial LP, the parent company of Purpose Investments and other affiliates, has agreed to buy Thinking Capital Financial Corp, a Montréal-based provider of small business loans and funding...
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