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Flinks in its $16 million financing round

On July 6, 2020, Flinks completed its $11 million Series A financing round led by NAventures. The funding will be used to grow the company in data connectivity and digitization in the financial services industry. The Series A financing round follows a debt financing of $5.2 million from...

Lead Office: Montreal Date Closed: July 6, 2020 Value: $16 million

Rubikloud in its US $60 million acquisition by Kinaxis

On June 15, 2020, Rubikloud announced it will be acquired by Kinaxis for US $60 million (CAD $81.4 million). Under the terms of the acquisition, 80 members from Rubikloud will join Kinaxis’ AI and machine learning team. The acquisition will allow Rubikloud and Kinaxis to contribute to...

Lead Office: Toronto Date Closed: July 2, 2020 Value: US $60 million

The Board of Trustees of the WSIB Pension Plan Fund in the conversion of WSIB’s defined benefit, single employer pension plan to a jointly sponsored pension plan

On July 1, 2020, Ontario’s Workplace Safety and Insurance Board (WSIB) and the Ontario Compensation Employees Union converted WSIB’s $3.5 billion defined benefit, single employer pension plan (SEPP) to a jointly sponsored pension plan (JSPP) that is now administered by an...

Lead Office: Toronto Date Closed: July 1, 2020 Value: $3.5 billion

Madison Dearborn Partners in its acquisition of the APM Group International

On June 30, 2020, Madison Dearborn Partners (MDP) closed its first major Australian buyout by buying a controlling stake in Advanced Personnel Management (APM) from Quadrant Private Equity, the majority owner of APM. The transaction provides that APM’s founder, chief executive and existing...

Lead Office: Montreal Date Closed: June 30, 2020 Value: -

Zenabis Global Inc. in its completed public offering of units

On June 25, 2020, Zenabis Global Inc.completed an overnight marketed offering of units for aggregate gross proceeds of $23,567,760. Each unit is comprised of one common share and a warrant exercisable to purchase one common share. The offering was made pursuant to an agency agreement...

Lead Office: Vancouver Date Closed: June 25, 2020 Value: $23.6 million

Drive Capital in Cyclica’s $23 million Series B financing round

On June 24, 2020, Cyclica announced the close of a $23 million Series B financing round leg by Drive Capital. The financing will accelerate Cyclica’s commercial strategy to create and own hundreds of drug discovery programs across multiple therapeutic areas. These programs are...

Lead Office: Toronto Date Closed: June 24, 2020 Value: $23 million

Suncor in its US$15 million investment in LanzaTech

On June 20, 2020, Suncor completed a US$15 million investment in LanzaTech, the global leader in gas fermentation technology. The funds will be used to build a demonstration plant that will produce 10 million gallons per year of sustainable aviation fuel and renewable diesel. Suncor Energy...

Lead Office: Calgary Date Closed: June 20, 2020 Value: US$15 million

ThoughtWire in its minority investment by Canadian Business Growth Fund

On June 18, 2020, Canadian Business Growth Fund (CBGF) announced its minority investment in ThoughtWire. The funding will be used to help fund platform development, customer success and for sales and marketing initiatives. ThoughtWire’s technology platform is used in property...

Lead Office: Toronto Date Closed: June 18, 2020 Value: -

First Nations Finance Authority in its $240 million offering of Senior Secured Bonds

On June 16, 2020, First Nations Finance Authority (“FNFA”) completed its offering of a $240 million principal amount of new 1.71% Senior Secured Bonds due June 2030. The offering was made through an underwriting syndicate comprised of National Bank Financial Inc., Laurentian...

Lead Office: Vancouver Date Closed: June 16, 2020 Value: $240 million

Foursixty in its acquisition by WeCommerce

On June 11, 2020, Foursixty announced it has been acquired by WeCommerce for an undisclosed sum. Foursixty counts thousands of the world’s most popular direct to consumer brands such as Fashion Nova, Pure Vida Bracelets, Knix, MVMT Watches, Mejuri and Skims as customers. The...

Lead Office: Toronto Date Closed: June 12, 2020 Value: -