Mill Road Capital III acquired additional shares of Major Drilling Group International to own 8,145,840 common shares (10.10%) and may wish to engage in a constructive dialogue with the company
Stonepeak Infrastructure Partners to acquire control of Xplornet from Sandler Capital, Barrett Corporation, WaveDivision Capital, Werklund Family Office, McKenna Gale Capital, Catalyst Investors.
M/C Partners backed Carbon60 acquired Cirrus9 from founders Fred Bullock and John Harrison, to create a national footprint for managed public/private cloud, managed hosting and security services
BDC Capital Growth & Transition Capital provided $2M to support the acquisition by Sean Hayman, Trevor Bolt and David Lewis of Varcon from the Vardy family.
Brookfield Asset Management sold 100% interest in Acadian Timber (TSX: ADN) to Macer Forest Holdings for $128 million in cash.
Fredericton, NB/Toronto based SomaDetect secured US $2M seed funding from New Brunswick Innovation Foundation (NBIF), Western New York Impact Investment Fund), New York Ventures.
SeaFort Capital owned Jardine Transport Group acquired Gil Trucking from owner Danny Soucy
Caisse de dépôt et placement du Québec provided $75M, up to $100M, in subordinated private debt, to Medavie
IAM Private Debt Group closed $45 million term loan transaction to fund an operating lease package for Cooke Aquaculture Inc.
Sonrai Security secured $18.5M Series A funding from Polaris Partners, TenEleven, Brunswick Innovation Foundation (NBIF). Dave Barrett of Polaris Partners and Alex Doll of TenEleven Ventures joined Sonrai board.
Smart Skin Technologies raised $3.1M in Series B add-on funding from SCHOTT AG and New Brunswick Innovation Foundation (NBIF).
Eigen Innovations raised $3.5M in August from Globalive Technology Inc. (TSX-V: LIVE), BDC Capital, NBIF Venture Capital Fund, Opportunities New Brunswick (ONB), and New Brunswick angel investors
New Brunswick Innovation Foundation (NBIF) recruited Jeff White, currently COO of East Valley Ventures, as its new CEO effective October 29, 2018.
Chinova Bioworks secured seed funding from DSM Venturing BV, Rhapsody Venture Partners, AgFunder and Natural Products Canada.
Avrij Analytics secured $1.2 million financing with The New Brunswick Innovation Foundation (NBIF), Technology Ventures Corporation and other private and public investors.
Brunvalley Cloud Solutions Inc., a stealth mode AI company for insurance purchases, secured first round of private financing
Resson secured $14M Series C with Mahindra & Mahindra, McCain Foods, Monsanto Growth Ventures, Build Ventures, Rho Canada, BDC Capital, East Valley Ventures and New Brunswick Innovation Foundation.
