ZoomerMedia acquired Buzz Connected Media Inc., owner and publisher of Daily Hive, from founders Karm Sumal and Manny Bahia for $16.4M comprised of cash, vendor take-back note, preferred stock, and assumption of debt.
VerSe Innovation secured US $375M additional funding from CPP Investments, following US $430M funding round in August 2021 with participation CPP Investments, Ontario Teachers’, Luxor Capital, Sumeru Ventures, Sofina Group, Baillie Gifford and others.
Elliott Investment Management L.P.’s Evergreen Coast Capital Corporation and Brookfield Business Partners L.P. and its institutional partners entered into agreement to take Nielsen Holdings plc private for US $16B.
Postmedia Network Canada to acquire Brunswick News Inc. from J. D. Irving, Limited for $7.5M in cash and $8.6M in 4,095,238 variable voting shares. Upon conversion, J. D. Irving could become the largest voting shareholder.
Brookfield Business Partners L.P., together with institutional partners, to acquire Scientific Games Corporation (NASDAQ: SGMS)’s global lottery services and technology business for up to US $6.05B to be funded with US $2.6B equity
Gallea secured $1.5M pre-seed funding led by THCap with participation of Real Ventures, ACET Capital, Anges Québec, National Social Value Fund, Dispatch Ventures, Manford Technologies, private investors from Canada, USA and Shandong (China).
Sports IQ Analytics secured US $7M seed funding from Harlo Equity Partners, The Kraft Group, Velo Partners, sports team owners and gaming executives. Harlo’s Justin Shulman will join Sports IQ board of directors.
Rho Canada, Lune Rouge, BDC backed LiveBarn secured minority growth equity investment from Susquehanna Growth Equity (SGE). SGE’s Scott Feldman and Jeff Steinberg will join LiveBarn’s expanded 11-member board of directors.
Caisse de dépôt et placement du Québec and CVC Capital Partners to pay US $210M for majority (60%) stake in BlueFocus’ international group of agencies to form Quebec City based agency group led by Brett Marchand