Ontario

Xaba secures US $2M seed extension funding

CPE News

Xaba secured US $2M seed extension funding led by BDC Capital participation from Hitachi Ventures and existing investor Hazelview Ventures.

Fengate names Jennifer Pereira, Group Head of Private Equity

CPE News

Fengate Asset Management promoted Jennifer Pereira to Managing Director, Group Head of Private Equity.

TA Associates acquires Rocscience

CPE News

Rocscience officially announced closing of investment from TA Associates. Nicholas Leppla, Ashutosh Agrawal, Managing Director at TA, and John Triebsch, SVP at TA, joined Rocscience board of directors. Founder Dr. John Curran remains on the board.

Monex Group acquires majority stake in 3iQ for US $39.8M

CPE News

Monex Group, Inc. acquired majority stake of 3iQ Digital Holdings, Inc. from Frederick Thomas Pye, CoinShares International Limited, Van Eck Associates Corp., and other shareholders, for US $39.8M

FINSIGHT to vote against Sumeru Equity Partners’ acquisition of Q4

CPE News

FINSIGHT Group to vote against Sumeru Equity Partners proposed acquisition of Q4, "a premature and opportunistic transfer of value from minority (non-rolling) shareholders to insiders, Ten Coves Capital, Darrell F. Heaps (CE0), W. Neil Murdoch (director) and Beven Gray, and to the purchaser."

Alison Nankivell appointed New CEO of MaRS Discovery District

CPE News

15-members board of directors of MaRS Discovery District hired Alison Nankivell, Senior Vice President, Fund Investments at BDC Capital as it new CEO, effective March 2024, replacing departing Yung Wu.

Tyler Proud reduces Dye & Durham stake below 10%

CPE News

OneMove Capital Ltd., a BVI corporation controlled by Tyler Proud, disposed of ownership and control over 75,000 common shares of Dye & Durham Limited through the facilities of TSX at a price of $15.10 per share, for $1,132,500, reducing stake from 10.05% to 9.91%.

PE-backed Trinity Consultants acquires Valcoustics Canada

CPE News

Oak Hill Capital backed Trinity Consultants acquired Valcoustics Canada. Dr. Al Lightstone, Michael Lightstone, John Emeljanow, and the rest of Valcoustics' leadership team, will continue to be key leaders within Trinity's built environment division.

SickKids closes $100M debenture offering

Ted Liu

The Hospital for Sick Children (SickKids) closed $100M debenture offering led by CIBC Capital Markets. McCarthy Tétrault LLP acted as legal counsel to SickKids.

TPG acquires 75% of Brampton Business Park and Vaughan Business Park

CPE News

TPG Real Estate acquired 75% interested in Brampton Business Park and Vaughan Business Park from OMERS' Oxford Properties Group, valuing the portfolio at $1B. Oxford retained 25% interest and will continue to manage the portfolio.

Marny to invest $40.8M in Anaergia

CPE News

Marny Investissement SA to invest $40.8M in Anaergia Inc. in three tranches. Anaergia to re-classify Subordinate Voting Shares as “common shares” and to eliminate Multiple Voting Shares within 60 days from closing of 3rd tranche. Dr. Andrew Benedek will agree to vote in favour of the reclassification.

PCP now proposes to take Neighbourly private at $18.50, down from $20.50

CPE News

Persistence Capital Partners (PCP) now proposes to take Neighbourly Pharmacy Inc. private at $18.50 per share, down from $20.50 per share, at $441.8M on fully diluted basis to minority shareholders, representing a reduction of $47.8M.

Golden Ventures launches Fund V

Ted Liu

Matthew H. Golden led Golden Ventures launched fundraising for fifth fund, Golden Venture Partners Fund V which also includes a parallel fund.

TorQuest Partners final closes TorQuest Partners Fund VI at $2.1B+

Ted Liu

Brent S. Belzberg led TorQuest Partners held final close for TorQuest Partners Fund VI with $2.1B in committed capital from external investors including Export Development Canada (EDC) with commitment of $50M+.

Terminal Technologies secures US $3.1M seed financing

CPE News

Raghav Midha and Connor Giles founded Terminal secured US $3.1M seed funding led by Golden Ventures, with participation of Y Combinator, Wayfinder Ventures, Northside Ventures, McVestCo VC, and private investors.

Aeterna Zentaris and Ceapro to combine in merger of equals

CPE News

Aeterna Zentaris Inc. and Ceapro Inc. to combine in an all-stock merger of equals transaction with combined company under a new name listing on NASDAQ and TSX and Ceapro being delisted from TSX Venture.

TMX Group to acquire 100% of VettaFi for US $1.03B

CPE News

TMX Group Limited to acquire remaining 78% of VettaFi Holdings LLC from Aretex Capital Partners, Tom Lydon and others for US $848M, for full ownership acquisition of US $1.03B, including TMX previous 22% investment in VettaFi in January 2023.

Friendlier secures $5M in seed extension funding

CPE News

Kayli Dale and Jacqueline Hutchings founded Friendlier secured $5M in seed extension funding led by Relay Ventures and Garage Capital, with support from private investors.