Canaccord Genuity SPAC to merge with Spark Power
Canaccord Genuity Acquisition Corp (TSX: CGAC.UN, CGAC.WT), a Canadian special purpose acquisition corporation (SPAC), has agreed to merge with Spark Power Corp, an Oakville, Ontario-based electrical...
View ArticleCanadian Tire to raise $650 mln in notes for Helly Hansen buy
Toronto-based retail business Canadian Tire Corp Ltd (TSX: CTC.A, CTC) has priced a private placement offering to raise $650 million of unsecured medium-term notes. The offering is expected to close on...
View ArticleFengate unveils $100 mln partnership with PowerFin Partners
Fengate Real Asset Investments has entered into a US$100 million equity commitment and co-development partnership with PowerFin Partners, an Austin, Texas-based solar power developer and operator. The...
View ArticleBreather secures C$60 mln more in Caisse, Temasek-led round
Montréal-based flexible workspace provider Breather has raised C$60 million in a follow-on-financing, bringing total funding to about C$150 million. The latest round was led by Caisse de dépôt et...
View ArticlePSP sees 9.8 pct return in fiscal 2018, grows assets to $153 bln
Public Sector Pension Investment Board (PSP Investments) earned a total portfolio net return of 9.8 percent in its fiscal 2018 as well as a five-year annualized net return of 10.5 percent. Both returns...
View ArticleBrookfield increases TerraForm Power stake to 65 pct
Brookfield Renewable Partners has acquired additional shares in TerraForm Power Inc (Nasdaq: TERP), a U.S. owner and operator of a renewable power portfolio including solar and wind assets. The buy,...
View ArticleBDC, EDC to offer $50 mln to tech companies going global
Business Development Bank of Canada (BDC) and Export Development Canada (EDC) have launched a two-year program to provide $50 million in new financing to Canadian technology companies engaged in, or...
View ArticleTA Associates-backed Marc Anthony prices IPO to raise $278 mln
Beauty-products brand Marc Anthony has priced its recently filed initial public offering in Canada. The Toronto company expects to raise about $126 million of treasury proceeds by selling common shares...
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SoundBite Medical Solutions tops up Series A round to $25 mln
Montréal medical device company SoundBite Medical Solutions Inc has closed a second tranche of its Series A financing. SoundBite raised $5.2 million more from its investors, bringing the round’s total...
View ArticleTriSpan, Long Point invest in growth strategy of CentriLogic
CentriLogic, a Toronto-based provider of managed information technology solutions, has secured an investment from TriSpan Opportunities Fund, managed by U.K. private equity firm TriSpan, and Long Point...
View ArticleCIX names Ecobee its 2018 innovator of the year
Canadian Innovation Exchange (CIX) has named Ecobee its 2018 “Innovator of the Year”. Toronto’s Ecobee is the developer of a smart Wi-Fi thermostat that has won more than a third of the smart...
View ArticleCoffee pod recycler GoJava raises $500k in Crux-led round
GoJava, a Toronto-based provider of sustainable coffee services, has secured $500,000 in a growth financing. The round was led by Canadian real estate and venture capital firm Crux Capital Corp....
View ArticleCVC to sell Delachaux Group stake to Caisse de dépôt, family
CVC Capital Partners has agreed to sell its interest in the Delachaux Group, a French industrial and manufacturing company focused on rail infrastructure, energy and data management systems, and...
View ArticleIron Bridge urges investors to reject PE-backed Velvet’s bid
The board of directors of Calgary-based oil and gas company Iron Bridge Resources Inc (TSX: IBR) has urged shareholders to reject an unsolicited acquisition offer from Velvet Energy Ltd. Last month,...
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Sports intelligence platform StellarAlgo raises $1 mln in VC
StellarAlgo, a Calgary-based sports and entertainment data analytics company, has raised $1 million in financing. The investors included Accelerate Fund II, an angel co-investment fund managed by...
View ArticleEnergy storage startup Stash Energy wins $500k from NBIF, ICP
Fredericton-based energy storage startup Stash Energy has raised $500,000 in financing. Existing backer New Brunswick Innovation Foundation (NBIF) invested $250,000 in the round, with Island Capital...
View ArticleCVC to sell Delachaux Group stake to Caisse de dépôt, family
CVC Capital Partners has agreed to sell its interest in the Delachaux Group, a French industrial and manufacturing company focused on rail infrastructure, energy and data management systems, and...
View ArticleTouchBistro close to wrapping up $70 mln round: report
TouchBistro, a Toronto-based restaurant point-of-sale software provider, is nearing the close of new financing of more than $70 million, according to a report by the Globe and Mail. The round is being...
View ArticleWaterous backs Strath’s $340 mln buy of Paramount energy assets
Calgary-based oil and gas company Strath Resources Ltd has agreed to acquire energy assets held by Paramount Resources Ltd (TSX: POU) in the Resthaven/Jayar area of Alberta’s Kakwa region. The assets,...
View ArticleNovacap closes $220 mln-plus acquisition of Horizon Telcom
The technology group of Canadian private equity firm Novacap has closed its buy of Horizon Telcom Inc, a Chillicothe, Ohio-based provider of fibre-optic bandwidth infrastructure services. The deal,...
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