Ziad Hindo tapped as Ontario Teachers’ new CIO
Ontario Teachers’ Pension Plan has appointed Ziad Hindo as CIO, effective immediately. Hindo, who joined Ontario Teachers’ in 2000 and previously led its capital markets division, replaces Bjarne...
View ArticleAtomic Reach closes $3.4 mln bridge round, Fidelity among backers
Atomic Reach, an artificial intelligence-based content optimization platform, has closed a $3.4 million bridge financing. The company’s existing backers, angel investors and Fidelity Investments Canada...
View ArticleOttawa’s $400 mln VCCI commits to five funds-of-funds managers
The federal government’s Venture Capital Catalyst Initiative (VCCI) has completed its first round of investments, backing five funds-of-funds managers. They include managers backed by VCCI’s...
View ArticleAlaris exits Labstat with company’s sale to Warburg Pincus
Canadian alternative equity firm Alaris Royalty Corp has wrapped up its repurchase of units in Labstat International ULC, a Kitchener, Ontario-based analytical laboratory specializing in testing of...
View ArticleTricon Capital inks $2 bln JV to acquire single-family rental homes
Tricon Capital Group has entered into a joint venture agreement to create a portfolio of single-family rental homes to be acquired and managed by its U.S. affiliate Tricon American Homes (TAH). The...
View ArticleTorQuest’s Darin Brock becomes chair of ACG Toronto
Darin Brock has been named board chair of the Association for Corporate Growth Toronto (ACG), a Canadian private equity and M&A industry association. Brock, who has been an ACG board member for...
View ArticleOMERS invests in direct health care provider Premise Health
OMERS Private Equity (OPE) has made an investment in Premise Health Inc, a Brentwood, Tennessee-based direct health care access company. No financial terms were disclosed. The seller is U.S. private...
View ArticleIronbridge-backed Dumur Industries buys Dellcom Aerospace
Dumur Industries has acquired the assets of Dellcom Aerospace Inc, a Concord, Ontario-based precision machining and sub-assembly provider to original equipment manufacturers and aerospace customers. No...
View ArticleHOOPP Capital Partners acquires minority stake in Chobani
HOOPP Capital Partners (HCP) has made a minority investment in Chobani, a Norwich, New York-based Greek Yogurt brand. No financial terms were disclosed for the deal, which resulted in the exit of U.S....
View ArticleEdtech startup ApplyBoard nets $17 mln in Artiman-led Series A
Waterloo-based education technology startup ApplyBoard has secured over $17 million (US$13 million) in a Series A financing. The round was led by U.S. venture capital firm Artiman Ventures and joined...
View ArticleBioinformatics software platform Ziliomics seeded by FACIT
Ziliomics Inc, a Toronto bioinformatics software startup, has raised undisclosed seed-stage financing. The Prospects Oncology Fund of Fight Against Cancer Innovation Trust (FACIT) was the investor....
View ArticleCaisse de dépôt invests in BFL Canada’s growth, succession plan
Caisse de dépôt et placement du Québec has acquired a minority interest in BFL Canada, a Montréal-based commercial insurance brokerage and consulting services business. No financial terms were...
View ArticleStarlight, Blackstone buy Toronto, Montréal multi-family properties
Starlight Investments and Blackstone Property Partners (BPP) have formed a joint venture to acquire a portfolio of six multi-family properties in Toronto and Montréal. No financial terms were released....
View ArticleWaterous wraps up inaugural energy PE fund at $1.4 bln
Canadian private equity firm Waterous Energy Fund has closed its debut fund, raising $1.4 billion in committed capital, exceeding an original target of $1 billion. Waterous Energy Fund LP was launched...
View ArticleWorksite software provider Focus FS raises $1.4 mln, BDC invests
Focus FS, a software-as-a-service platform for safer, smarter worksites, has raised $1.4 million in financing. The round was backed by an $800,000 quasi-equity investment made by BDC Capital‘s Growth...
View ArticleCrown Capital launches IEP fund with initial $15 mln, backs OOM
Canadian specialty finance firm Crown Capital Partners has launched a new fund to invest in integrated energy platforms (IEP) that supply electricity under long-term contracts to mid- to large-scale...
View ArticleTorQuest sustains brisk deal pace with sale of Spinrite to Comvest
TorQuest Partners has sold Canadian yarn business Spinrite, capping an especially busy season of exits and acquisitions for the private equity firm. The Toronto investor today announced the sale of its...
View ArticleBirch Hill’s Terrapure acquires TorQuest’s Envirosystems
Terrapure Environmental Ltd has acquired the Canadian industrial services and waste management operations of Dartmouth, Nova Scotia-based Envirosystems Inc. No financial terms were released....
View ArticleBrookfield takes control of Teekay Offshore’s general partner
The private equity group of Brookfield Asset Management has exercised its option to acquire an additional 2 percent ownership interest in the general partner of Teekay Offshore LP from Teekay Corp...
View ArticleWaterous wraps up inaugural energy PE fund at C$1.4 bln
Canadian private equity firm Waterous Energy Fund has closed its debut fund, raising C$1.4 billion in committed capital, exceeding an original target of C$1 billion. Waterous Energy Fund LP was...
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