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
SeaFort Capital owned Jardine Transport Group acquired K&T Transport Ltd. from owner Konstantin Timofeev. Continue Reading
GCM Grosvenor (NASDAQ: GCMG) and Blue Wolf Capital Partners LLC acquired Hallcon Corporation from Novacap, Export Development Canada (EDC), The Manufacturers Life Insurance Company, BMO Capital Partners and others. Continue Reading
Cody Green and Michael Galpin led Canada Drives secured $40M strategic investment from goeasy Ltd. (TSX: GSY), by way of a convertible note. Continue Reading
Olivier Vincent led Autozen secured $5M+ in seed funding led by Vanedge Capital with participation from Anges Québec, several private investors and existing investors.Continue Reading
CDPQ and Ullico backed Student Transportation of America/Student Transportation of Canada acquired Pacific Western Transportation (PWT) from Michael Colborne and family. Tom Jezersek, current President & COO, will continue to lead PWT. Continue Reading
LP Maurice, Michael Gradek and Frédéric Thouin founded Busbud secured additional Series C funding from existing investors. Continue Reading
Trexity announced $5M seed financing led by TELUS Ventures, with participation from Studio VC, Shindico, Jay Myers, and private investors. TELUS’ Brian Martin joined founders Darren Schnare, Alok Ahuja and Mathieu Bouchard on Trexity’s board of directors. Continue Reading
Bill Gates and Bill & Melinda Gates Foundation Trust sold additional $168M Canadian National Railway Company (CN) shares. Gates ceases to be CN’s only 10% plus beneficial shareholder. Continue Reading
