Brightspark holds initial close for Canadian Opportunities Fund II
2023-03-03
Mark Skapinker and Sophie Forest led Brightspark Ventures held initial accredited investor closing for Brightspark Canadian Opportunities Fund IIContinue Reading
Torc Robotics to acquire GM Ventures backed Algolux
2023-03-03
Daimler Truck AG’s Torc Robotics to acquire Algolux from Allan Benchetrit led management shareholders and GM Ventures, Generation Ventures, Drive Capital, Forté Ventures, Real Ventures, Intact Ventures, Alumni Ventures Group, Playground Ventures. Continue Reading
Equisoft secures $125M financing led by Investissement Québec
2023-03-01
Luis Romero led Equisoft secures $125M new funding led by Investissement Québec ($70M) with participation from principal shareholders, Export Development Canada (EDC) and Fondaction. RBC Capital Markets served as exclusive financial advisor to Equisoft. Continue Reading
Calin Rovinescu joins Plusgrade board
2023-02-27
Calin Rovinescu, former CEO of Air Canada, joined Novacap and CDPQ backed and Ken Harris led Plusgrade board of directors and became an investor.Continue Reading
LKQ to acquire Uni-Select for $2.8B
2023-02-27
LKQ to acquire Uni-Select Inc. for CDN $48 per share for total enterprise value of CDN $2.8B from EdgePoint Investment Group Inc., Birch Hill Equity Partners Management Inc., and other shareholders. Continue Reading
CDPQ sells additional $400M CGI shares under NCIB
2023-02-27
CGI to purchase for cancellation of 3,344,996 of Class A subordinate voting shares held by CDPQ for $119.58 per share for $400M. CDPQ will reduces stake to below 10% (8.2%) continuing to hold 19.18M Class A shares. Continue Reading
Esperas Pharma secures new financing
2023-02-22
Esperas Pharma Inc. secured follow-on investment by TVM Capital Life Science, through TVM Life Science Innovation I SCSp, and Fonds de solidarité FTQ. Continue Reading
Cogeco Connexion acquires Internet business of oxio
2023-02-21
Cogeco Connexion acquired Internet business of Xavier Niel, Investissement Québec backed oxio which will focus exclusively on the growth of its software business. Continue Reading
SCP backed OC Flavors acquires Novotaste
2023-02-21
Shore Capital Partners backed OC Flavors has acquired Novotaste from Robert Barakett, MCI Miritz Citrus GmbH & Co. KG and others. Continue Reading
AAVAA closes $2M seed funding round
2023-02-15
Barclay Knapp and Naeem Komeilipoor led AAVAA Inc. raised $2M in seed funding led by Anges Quebec and AQC Capital with participation of TandemLaunch and Impulsion PME program/Investissement Québec ($750K). Anges Québec’s Guillaume Courtemanche joined AAVAA’s board. Continue Reading
Prevu3D secures US $10M Series A led by Cycle Capital
2023-02-14
Nicolas Morency founded Prevu3D secured US $10M Series A led by Cycle Capital with participation of Brightspark Ventures and Desjardins Capital.Continue Reading
Flowserve to acquire Velan for CDN $329M
2023-02-10
Flowserve to acquire Velan Inc. from Velan family, Kernwood Limited and other shareholders at $13 per share for CDN $329M, including assumption of $48.9M outstanding gross debt and Velan’s $42.2M of cash and cash equivalents (11/30/2022)Continue Reading
Evertz becomes 3rd largest shareholder of Haivision Systems
2023-02-09
Evertz Technologies Limited increased stake in Haivision Systems to 2,886,100 shares (10.01%), becoming 3rd largest shareholder behind Haivision founder & CEO Miroslav (Mirko) Wicha and Thomas O. Hecht. Continue Reading
CDPQ acquires 50% of A25 Concession from Transurban
2023-02-07
Caisse de dépôt et placement du Québec (CDPQ) reached an agreement for the acquisition of a 50% co-control interest in A25 Concession from Transurban Group (ASX: TCL) for CDN $355M. Continue Reading
LATYS secures $3M seed financing led by Rhapsody Venture Partners
2023-02-06
Paul Tornatta, Artmiz Golkaramnay and Gursimran Singh Sethi led LATYS secured $3M seed funding led by Rhapsody Venture Partners with participation from TandemLaunch Ventures. Bernard Lupien, GP at Rhapsody, joined LATYS board of directors. Continue Reading
Investissement Québec invests $10M in Goodfood Market
2023-02-06
Investissement Québec led $12.675M convertible debenture financing in Goodfood Market Corp. (TSX: FOOD) with $10M investment, would become largest shareholder on as converted basis. Continue Reading
MiddleGround Capital acquires Mégatech from Alfar Capital
2023-01-31
MiddleGround Capital acquired Megatech from from Alfar Capital and Jean Blanchet who remains with the company following the acquisition. Stifel acted as exclusive financial advisor to Megatech. Continue Reading
