H&F’s Hub International buys Hometown Insurance Brokers
Hub International Ltd has acquired Hometown Insurance Brokers, a Vonda, Saskatchewan-based full-service insurance brokerage. Terms weren’t disclosed for the deal, which will see business owners Garth...
View ArticleCIBC’s tech-lending arm ramps up cross-border strategy with new hires, deals
Subscription RequiredCIBC Innovation Banking, the tech-lending arm of CIBC, is pursuing a bold North American scaling strategy, boosting in-house resources and accelerating its deal pace. The activity...
View ArticleCIBC’s tech-lending arm ramps up cross-border strategy with new hires, deals
CIBC Innovation Banking, the tech-lending arm of CIBC, is pursuing a bold North American scaling strategy, boosting in-house resources and accelerating its deal pace. The activity includes a batch of...
View ArticleSteve Irvine’s Integrate.ai wins $39.5 mln in Portag3-led Series A
Integrate.ai, a Toronto-based artificial intelligence software company, has secured about $39.5 million (US$30 million) in a Series A financing. Portag3 Ventures, the investment arm of Power Corp‘s...
View ArticleSVB co-leads $125 mln debt financing of HLS Therapeutics
Silicon Valley Bank (SVB) has co-led a $100 million senior secured term loan and $25 million senior secured revolver for HLS Therapeutics Inc (TSX-V: HLS), a Toronto-based pharmaceutical company...
View ArticleRipple Ventures raises $10 mln for debut early-stage tech fund
Toronto-based early-stage venture capital firm Ripple Ventures has closed its inaugural fund, raising $10 million in committed capital. Ripple Ventures Fund I was backed by unidentified limited...
View ArticleFinhaven Technology lands $6.7 mln in Dunamu-led Series A
Finhaven Technology Inc has secured about $6.7 million (US$5.13 million) in a Series A financing. The round was led by Dunamu & Partners, the venture capital arm of South Korea’s Dunamu Inc....
View ArticleInvestor relations platform Q4 raises $50 mln in Series C round
Q4 Inc, a Toronto-based provider of cloud-based investor relations (IR) and capital market solutions, has raised close to $50 million (US$38 million) in a Series C financing. The round was led by U.S....
View ArticleVC-backed Bonfire to be acquired by U.S. SPAC for $140 mln
Bonfire Interactive Ltd, a Waterloo-based public sector sourcing technology provider, has agreed to be acquired by GTY Technology Holdings Inc (Nasdaq: GTYH) for about $140 million (US$108 million)....
View ArticleDWHP sells Reliant Rehabilitation to HIG Capital
Canadian healthcare private equity firm DW Healthcare Partners (DWHP) has sold Reliant Rehabilitation, a Plano, Texas-based provider of rehabilitative therapy services to patients in U.S. long-term...
View ArticleJust Energy raises $325 mln facility led by Sagard Credit Partners
Just Energy Group Inc (TSX, NYSE: JE) has entered into a non-revolving multi-draw senior unsecured term loan facility of about $325 million (US$250 million). The financing group is led by Canadian...
View ArticleSwander Pace acquires Asian food specialist Fine Choice Foods
U.S. consumer private equity firm Swander Pace Capital has acquired Fine Choice Foods, a Richmond, British Columbia-based developer, maker and distributor of fresh and frozen Asian-flavoured...
View ArticleHilco investment Kraus to sell flooring distribution unit to QEP
QEP has agreed to acquire the hard surface and carpet tile distribution business of Canada’s Kraus Group of Cos, according to a news release. Terms weren’t disclosed. QEP, a Boca, Raton, Florida,...
View ArticleCIBC Innovation Banking provides growth funding to Embotics
Embotics, an Ottawa-based provider of multi-cloud management software, has entered into a credit facility agreement with CIBC Innovation Banking. No financial terms were released. Founded in 2006 by...
View ArticleVC-backed Vendini buys ticketing software provider Boxxo
U.S. live event management platform Vendini has acquired Boxxo, a ticketing software company based in Montréal. No financial terms were disclosed. Founded in 2000 by President Bernard Boissonneault,...
View ArticleGranite Partners-backed Sim to be acquired by U.S. SPAC
Sim Video International Inc, a Toronto-based provider of solutions to the television and film industries, has agreed to be acquired by Saban Capital Acquisition Corp (Nasdaq: SCAC), a U.S. special...
View ArticleCaisse de dépôt to acquire 40 pct interest in CLP India
Caisse de dépôt et placement du Québec has agreed to acquire a 40 percent stake in CLP India Private Ltd, an Indian power generation affiliate of Hong Kong-based CLP Holdings Ltd. The Caisse agreed to...
View ArticleFounders-backed Armand Agra buys MacDonald Meat
Armand Agra Inc has bought MacDonald Meat Co LLC, a Seattle, Washington-based supplier of meat products to restaurants, hotels and food service customers in the U.S. Pacific Northwest and an exporter...
View ArticleCannabis cultivator Beleave inks $20 mln facility with Alumina
Beleave Inc, a Toronto-based cultivator and seller of medical cannabis and producer of cannabis oils and extracts, has secured an investment of up to $20 million from U.S. private equity firm Alumina...
View ArticleAlaris Royalty commits up to $91 mln to Body Contour Centers
Canadian alternative equity firm Alaris Royalty Corp has invested US$46 million in Body Contour Centers LLC (BCC), a Kirkland, Washington-based plastic surgery practice with more than 50 locations...
View Article