Raquel Urtasun founded Waabi secured a strategic investment from Volvo Group Venture Capital (VGVC), following US $83.5M Series A in 2021 led by Khosla Ventures with participation of Uber, Radical Ventures, 8VC, OMERS Ventures, BDC Capital, and others. Continue Reading
Power Sustainable Capital Inc. increased stake in The Lion Electric Company (NYSE/TSX: LEV) from 33.9% to 35.4% with investment of US $25M, part of Lion Electric’s US $50M offering led by B. Riley Securities and National Bank Financial Inc. Continue Reading
Heindrik Bernabe and Mark Ang founded GoBolt secured $75M in Series C funding led by Yaletown Partners and Export Development Canada (EDC), with participation from BDC Capital, Northleaf Capital Partners, Whitecap Venture Partners, MIG Group, BMO Capital Partners and Ingka Investments. Eric Bukovinsky, Partner of Yaletown Partners, joined GoBolt board of directors.Continue Reading
PFM Capital Inc., BDC Capital and Roynat Equity Partners, acquired a majority interest in Sexton Family of Companies. Sexton Investments will retain a minority ownership interest.Continue Reading
Jason Chapnik’s Intercap Equity Inc., controlling shareholder of E Automotive Inc. d/b/a EINC (TSX: EINC), to increase EINC stake from 69.3% to 72.1% through $20M investment. Prelude to take EINC private? Continue Reading
Scott Gravelle led Attabotics secured US $71.7M Series C-1 funding led by Export Development Canada (EDC) with participation from Teachers’ Venture Growth (TVG) of Ontario Teachers’ Pension Plan Board. Continue Reading
Alok Ahuja, Mathieu Bouchard and Darren Schnare’s Trexity secured $1M seed funding from AQC Capital and Anges Quebec Continue Reading
LP Maurice led and Fonds de solidarité FTQ and Canadian Business Growth Fund (CBGF) backed Busbud acquired Betterez from founder, Tal Shalit, and backers Amadeus Ventures and JetBlue Ventures. Continue Reading
Hopper secured US $96M follow on investment from Capital One at US $5B valuation. Frederic Lalonde, CEO of Hopper, WestCap, and Caisse de dépôt et placement du Québec (CDPQ) remain as top three shareholders. Continue Reading
Cody Green and Michael Galpin’s Canada Drives raised additional $10M in equity funding from existing strategic investors, following tranched $40M investment by goeasy Ltd. Continue Reading
mdf commerce inc. (TSX: MDF) sold wholly owned subsidiary InterTrade Systems Inc. to SPS Commerce, Inc. (NASDAQ: SPSC) for US $48.5 million. Continue Reading
Atlas Arteria (ASX: ALX) to acquire 66.67% majority interest in Skyway Concession Company LLC, 33.33% each from CPP Investments and OMERS Infrastructure, for US $2.013B. Ontario Teachers’ Pension is retaining its 33.33% interest. Continue Reading
Innovacorp, Ecofuel backed and Richard Kolacz led Global Spatial Technology Solutions (GSTS) secured $2M in non-dilutive funds from BDC Capital Growth & Transition Capital. Paul Ryan, Director of Growth & Transition Capital, led the transaction. Continue Reading
Nicholas-P. Pedneault, Guy Clairmont, France Pomerleau led Congebec secured minority growth equity investment from National Bank Private Investment’s National Bank SME Growth Fund, L.P. Continue Reading
David L. Sokol, Fairfax Financial Holdings Limited, the Washington Family, and Ocean Network Express Pte. Ltd. proposed to take Atlas Corp. (NYSE: ATCO) for US $4.1B or US $1.3B to minority shareholders. Continue Reading
Lineage Logistics, LLC closed acquisition of VersaCold Logistics Services from TorQuest Partners, The Investment Management Corporation of Ontario (IMCO), OPTrust, CEO Mike Arcamone and other management shareholders. Continue Reading
Alberta Investment Management Corporation (AIMCo) to acquire a 100% equity stake in Cando Rail & Terminals Ltd. from TorQuest Partners, founder Gord Peters, and Cando employee shareholders. Continue Reading
