Industrial and Manufacturing

CDPQ backs AMB Modulaire succession and growth

CPE News

Caisse de dépôt et placement du Québec (CDPQ) invested in AMB Modulaire in support of AMB growth and succession led by Marc Latreille, and Philippe Latreille

Egis to acquire McIntosh Perry from Signal Hill

CPE News

Tikehau Capital, Caisse des Dépôts backed Egis to acquire McIntosh Perry and Beam, Longest and Neff, LLC from Signal Hill Equity Partners and other shareholders.

CDPQ invests $75M in Groupe Nouveau Pont Île-Aux-Tourtes

CPE News

Groupe Nouveau Pont Île-Aux-Tourtes closed $380.15M senior bond offering with participation of CDPQ, BCI (likely) and 4 Ontario and Quebec investors. Scotia Capital Inc. and CIBC World Markets acted as underwriters of the bond offering.

National Bank SME Growth Fund invests in Induspac Group

CPE News

National Bank Private Investment (NBPI), through National Bank SME Growth Fund, L.P., acquired a minority stake in Luc Guertin led Induspac Group.

Mitsubishi Electric invests in Clearpath Robotics

CPE News

Mitsubishi Electric Corporation (TSE: 6503) made strategic investment in Clearpath Robotics, the owner of OTTO Motors

Coliseum Capital to invest additional up to US $150M in NFI Group

CPE News

NFI Group Inc. entered into agreement with Coliseum Capital Management, LLC for investment of up to US $150M by Coliseum, up to US $175M from Coliseum private placement and an alternative offering

GIP to acquire Aecon roadbuilding business in Ontario for $235M

CPE News

GFL Environmental Inc. and HPS Investment Partners backed Green Infrastructure Partners Inc. to acquire Aecon's roadbuilding, aggregates and materials businesses in Ontario for $235M in cash.

LKQ to acquire Uni-Select for $2.8B

CPE News

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.

SCP backed OC Flavors acquires Novotaste

CPE News

Shore Capital Partners backed OC Flavors has acquired Novotaste from Robert Barakett, MCI Miritz Citrus GmbH & Co. KG and others.

Xaba secures seed financing led by Hazelview Ventures

CPE News

Xaba secured seed funding led by Hazelview Ventures with participation from Whiteshell Group Inc.

Flowserve to acquire Velan for CDN $329M

CPE News

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)

MiddleGround Capital acquires Mégatech from Alfar Capital

CPE News

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.

Raven Telemetry announces US $12M Series A

CPE News

Martin Cloake and Braden Stenning founded Raven secured US $12M Series A funding led by Momenta Ventures and Chartline Capital Partners with participation from Celtic House Venture Partners, Export Development Canada, private investors. Michael Dolbec, Managing Director at Momenta, joined Raven board of directors.

Sollum Technologies secures $30M financing led by Idealist Capital

CPE News

François Roy-Moisan and Louis Brun founded Sollum Technologies secured $30M new funding from Idealist Capital ($25M) and Fondaction ($5M). Idealist's Pierre Larochelle and Steeve Robitaille joined Sollum board of directors.

SureWerx changes ownership to Partner Group from Riverside

CPE News

SureWerx changes ownership once more to Partners Group from The Riverside Company which acquired SureWerx from Penfund.

CDPQ invests additional $150M in Pomerleau

CPE News

Caisse de dépôt et placement du Québec (CDPQ) invested additional $150M in Pomerleau, playing a significant role in Pomerleau's recent acquisition of ITC Construction Group.

Long Point Capital invests in Allnorth

CPE News

Darby Kreitz led Allnorth Consultants Limited secured significant equity investment from Long Point Capital. Ira Starr and Norman Scherr from Long Point joined Allnorth board. Excalibur Investment Banking acted as financial advisor to Long Point Capital.

Fonds de solidarité and Investissement Québec invest in EBC

CPE News

Marie-Claude Houle led EBC Inc. secured minority investments from Fonds de solidarité FTQ and Investissement Québec.

12321 Next