Representative Work Representative Work

ApplyBoard in its $55 million Series B financing

On May 27, 2019, ApplyBoard announced the closing of a $55 million Series B financing round led by Anthos Capital with participation from previous investors including Artiman Ventures. This current round brings ApplyBoard’s overall funding to $72 million to date. The company plans to hire...

Lead Office: Toronto Date Closed: May 27, 2019 Value: $55 million

CIBC as lender in Arjun Infrastructure Partners’ acquisition of ONroute Service Centres

On May 26, 2019, CIBC acted as lenders to Arjun Infrastructure Partners and Fengate Asset Management who, with the consent of the Government of Ontario, acquired ONroute Service Centres (“ONroute”) a chain of 23 service plazas and rest areas located across Ontario from HMSHost and Kilmer....

Lead Office: Toronto Date Closed: May 26, 2019 Value: -

The Special Committee of the Board of Directors of Newstrike Brands in its proposed acquisition by HEXO Corp

On March 13, 2019, HEXO Corp (“HEXO”) and Newstrike Brands Ltd. (“Newstrike”) announced that they have entered into a definite agreement under which HEXO will acquire Newstrike for $263 million. Newstrike is the parent company of Up Cannabis Inc., a licensed producer of...

Lead Office: Toronto Date Closed: May 24, 2019 Value: $263 million

Prodigy Games in its investment by Canadian Business Growth Fund.

On May 24 2019, The Canadian Business Growth Fund announced its minority investment in Prodigy Games, an education software platform that helps students from grades 1-8 practice mathematics.  Canadian Business Growth Fund is a private equity firm specializing in growth...

Lead Office: Toronto Date Closed: May 24, 2019 Value: -

The Logic Inc. in its minority stake acquisition by Postmedia Network

On May 22, 2019, Postmedia Network, the largest publisher by circulation of paid English-language daily newspapers in Canada, announced its minority stake acquisition in The Logic Inc. Terms of the acquisition are undisclosed. The Logic, founded in 2018, provides in-depth reporting on the...

Lead Office: Toronto Date Closed: -- Value: -

Wealthsimple in its $100 million investment round

May 22, 2019, Wealthsimple announced it has secured a new $100 million investment round, led by Allianz X, the digital investment unit of German asset manager Allianz Group. Wealthsimple plans to use the funds to continue capturing market share through new products and services. Founded in...

Lead Office: Toronto Date Closed: May 22, 2019 Value: $100 million

Smooch Technologies Holdings ULC in its acquisition by Zendesk, Inc.

On May 22, 2019,  Zendesk Inc., a San Francisco based customer service and engagement platform for businesses, completed its acquisition of Smooch Technologies Holdings ULC, a Montreal-based start-up company that allows companies to manage customer conversations across numerous social...

Lead Office: Montreal Date Closed: May 22, 2019 Value: -

Natural Partners Fullscript in its US$25 million ($34 million) Series B financing round.

May 21, 2019, Natural Partners Fullscript raised US$25 million ($34 million) in a Series B financing round. The round was led by Kayne Partners, the growth equity affiliate of U.S. alternative investment firm Kayne Anderson Capital Advisors, and included participation from other investors. The...

Lead Office: Toronto Date Closed: May 21, 2019 Value: US $25 Million ($34 Million)

Bayshore Capital in Broadridge’s USD$300 million acquisition of RPM Technologies

On May 21, 2019, Broadridge Financial Solutions Inc. announced its USD$300 million acquisition of RPM Technologies, a Toronto-based provider of enterprise wealth management software solutions and services. This acquisition will enhance Broadridge’s wealth management product offering in Canada...

Lead Office: Toronto Date Closed: May 21, 2019 Value: USD$300 million

Greyhound Capital in Koho Financial’s $42 million Series B financing.

On May 15, 2019 , Koho announced the closing of a $42 million Series B financing round led by Portag3 Ventures with Greyhound Capital as a strategic investor. Koho has now raised $52M to date. KOHO is a Toronto-based  FinTech company that offers Canadians an alternative to their traditional...

Lead Office: Toronto Date Closed: May 15, 2019 Value: $42 million