Novacap TMT V, along with LPs, Hamilton Lane, HarbourVest Partners and RCP Advisors, completed US $220M acquisition of Horizon Telcom
Advent International completed US $1.21B partial exit from lululemon athletica, selling 3.3M shares back to lululemon and 6.7M to a broker for US $121 per share
Champlain Financial acquired Baxters Canada, backed by $24M funding from Fonds de solidarité, Investissement Québec, Fondaction
Elastic Path Software secured $43M Series B led by Sageview Capital with participation from Yaletown Partners and BDC Capital.
"It's crucial governments get venture capital policy right as it is a key ingredient to a successful innovation agenda," said Rémillard in a new report released by C.D. Howe Institute.