A&W Food Services of Canada to acquire A&W Revenue Royalties Income Fund

TorQuest Partners backed A&W Food Services of Canada Inc. to combine with A&W Revenue Royalties Income Fund to form a new public company with TorQuest owning 19.4%, other current A&W Food Services shareholders owning 39.6%, and existing Fund unitholders owning 41%. Susan Senecal continues to lead the newco as CEO.

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WildBrain enters into US $415 senior secure credit facility

Fine Capital backed WildBrain entered into an agreement with a group of private lenders, led by Sagard and Comvest Credit Partners, for a new 5-year US $415M Senior Secured Credit Facility consisting of US $375M term loan and $40 M revolving credit facility

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Protexxa secures $10M Series A

Claudette McGowan led Protexxa secured $10M Series A funding from Bell Ventures, Sandpiper Ventures, Export Development Canada, BKR Capital, The Firehood Angels, Graphite Ventures, and private investors.

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Clio secures US $900M Series F at US $3B Valuation

Jack Newton and Rian Gauvreau led Clio secured US $900M Series F at US $3B valuation led by New Enterprise Associates (NEA) with participation of Goldman Sachs Asset Management, Sixth Street Growth, CapitalG, Tidemark, TCV, JMI Equity, T. Rowe Price Associates, Inc./T. Rowe Price Investment Management, Inc., OMERS. Tony Florence, co-CEO at NEA, joined Clio's board of directors.

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Fairfax to take Sleep Country private for $1.7B

Fairfax Financial Holdings Limited to acquire Sleep Country Canada Holdings Inc. from Mackenzie Financial Corporation, Mawer Investment Management Ltd., Christine Magee, Stewart Schaefer, other shareholders for $35 a share for an enterprise value of $1.7B.

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DCM Group acquires DH Aerospace Holding

Thrust Capital Partners, Investissement Québec and Desjardins Capital backed DCM Group Inc. acquired DH Aerospace Holding Inc. o/a Koss Aerospace and Brampton Processing from Dragomir and Helene Cajic family. Alexander Cajic will continue under new ownership as VP Ontario Division.

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MKB Equity Partners launches Fund III with initial close

Jesse Teichman, Antonio Occhionero, Kenneth MacKinnon, and Chanel Damphousse led MKB Partners Fund III launched with initial close.

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Artificial.Agency secures US $16M seed financing

Brian Tanner, Alex Kearney, Andrew Butcher, and Mike Johanson founded Artificial.Agency Inc. disclosed US $16M seed funding led by Radical Ventures with participation of Toyota Ventures, Flying Fish, Kaya, BDC Capital, TIRTA Ventures, and other investors including Dr. Richard Sutton. Daniel Mulet from Radical joined Artificial.Agency board.

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CAI Capital Partners VII surpasses VI with new close

Curtis Johansson and Tracey McVicar led CAI Capital Partners held additional close for CAI Capital Partners VII, with capital commitments surpassing total amount raised by the sixth fund

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