Representative Work Representative Work

Werd Studios Inc. in connection with Boba Mint’s strategic investment

On March 5, 2025, Boba Mint Holdings announced that it made a strategic investment in Werd Studio Inc. Boba Mint Holdings will acquire a 50% stake in Werd Studios, which has an interest in Café Disco Party and Moon Gaming, and Werd has committed to acquire an interest in Amino Rewards. Werd...

Lead Office: Toronto Date Announced: March 5, 2025 Value: --

PurposeMed in its growth financing round led by True North Fund

On March 4, 2025, PurposeMed announced the successful completion of its growth financing round led by True North Fund, with major participation by BDC and Panache Ventures. PurposeMed is a Calgary-based, high-growth digital health company that provides accessible and specialized healthcare...

Lead Office: Vancouver Date Announced: March 4, 2025 Value: --

Dream Summit Industrial LP in its $200-million senior unsecured debentures offering

On March 4, 2025, Dream Summit Industrial LP completed a private placement of $200 million aggregate principal amount of floating rate senior unsecured debentures. The debentures were offered on an agency basis by a syndicate of agents led by RBC Capital Markets, Scotiabank and TD Securities...

Lead Office: Toronto Date Closed: March 4, 2025 Value: $200 million

Aritzia in connection with a $73-million secondary offering of shares

On February 28, 2025, Aritzia Inc. (Aritzia) closed its secondary offering of 1,045,000 subordinate voting shares held by Brian Hill, Founder and Executive Chair of Aritzia, together with certain entities owned and/or controlled directly or indirectly by him, or him and his immediate family. The...

Lead Office: Toronto Date Closed: February 28, 2025 Value: $73 million

TandemLaunch Technologies Inc. in its closing of $37-million fund

On February 27, 2025, Tandem Launch Technologies Inc. announced it closed its fourth fund for early-stage deep technology startup at over $37 million. This funding had participation from the Government of Canada’s Venture Capital Catalyst Initiative (VCCI), committing $6.5 million. The fund also...

Lead Office: Toronto Date Announced: February 27, 2025 Value: $37 million

Venn (formerly Vault) in its $21.5-million Series A financing

On February 26, 2025, Venn (formerly Vault) announced the successful completion of its $21.5-million Series A financing round led by Left Lane Capital with participation from XYZ Venture Capital, Intact Ventures and Gradient. Venn plans to use the funding to scale its team and expand its product...

Lead Office: Vancouver Date Announced: February 26, 2025 Value: $21.5 million

Westbrick Energy Ltd. in its $1.1-billion acquisition by Vermilion Energy Inc.

On December 22, 2024, Westbrick Energy Ltd. entered into an arrangement agreement with Vermilion Energy Inc. whereby Vermilion agreed to acquire Westbrick for cash consideration of $1.075 billion. Under the terms of the arrangement Westbrick shareholders were provided with an option to...

Lead Office: Calgary Date Announced: December 22, 2022 Value: $1.1 billion

The management group of rollover shareholders of Innergex in connection with its $10-billion acquisition by CDPQ

On February 25, 2025, Innergex announced it entered into a definitive agreement to be acquired by CDPQ for a total deal value of $10 billion. Innergex is a renewable energy power producer that develops, owns and operates hydroelectric facilities, wind farms, solar farms and energy storage...

Lead Office: Montreal Date Closed: July 21, 2025 Value: $10 billion

Mountain Province Diamonds Inc. in its series of refinancing agreements

On February 25, 2025, Mountain Province Diamonds Inc. announced a series of refinancing agreements to strengthen its financial position and support operations at the Gahcho Kué (GK) Mine in the Northwest Territories, where it holds a 49% interest alongside De Beers. These agreements include...

Lead Office: Vancouver Date Announced: February 25, 2025 Value: US$217 million

Variational AI in its US$5.5-million Seed extension financing

On February 20, 2025, Variational AI announced the successful completion of its US$5.5-million seed extension financing round led by Nimbus Synergies, with participation from Merck Global Health Innovation Fund, Quimby Investments, Threshold Impact and Defined Capital. Existing investors Flying...

Lead Office: Vancouver Date Announced: February 20, 2025 Value: US$5.5 million