Representative Work Representative Work

iNovia Capital in connection with Spare’s $42 million in Series B financing

On September 10, 2024, Spare announced it raised $42 million in a Series B financing round led by iNovia Capital. The company plans to utilize the funding towards matching the high demand for innovative transit solutions with a focus in the paratransit sector. iNovia Capital is a...

Lead Office: Toronto Date Announced: September 10, 2024 Value: $42 million

Moment Factory in its sale to Financière Outremont Inc.

On September 6, 2024, Moment Factory Studios Inc. announced its sale and issuance of shares to Financière Outremont Inc. (an investment company owned by Mr. Pierre Karl Péladeau) for a minority participation. Moment Factory, based in Montréal, is a multimedia studio specializing in the...

Lead Office: Montreal Date Announced: September 6, 2024 Value: --

Teal Platforms in its acquisition by Mercury Technologies

On September 6, 2024, Mercury Technologies, Inc. announced its acquisition of Teal Platforms, Inc. Mercury seeks to leverage Teal’s talent, technology and expertise to simplify complex financial workflows and deepen Mercury’s investments in and relationships with accountants. Teal...

Lead Office: Vancouver Date Announced: September 6, 2024 Value: --

Fitzrovia in its acquisition of Le Smith, C-Loft Towers for $103.3 million

On September 4, 2024, it was announced that in a joint venture with an undisclosed Canadian institutional partner, Fitzrovia purchased, for $103.3 million, the Le Smith and C-Lofts apartment towers, two modern neighboring properties in downtown Montréal’s trendy Quartier des Spectacles...

Lead Office: Montreal Date Announced: September 4, 2024 Value: $150 million

Exosens in its acquisition of LR Tech

On September 2, 2024, Exosens announced its acquisition of LR Tech, through its Canadian subsidiary, Telops. This acquisition will allow for Exosens to consolidate its position in instrumentation adding FTIR spectroradiometers for high-end detectors and imagers with a focus on science and...

Lead Office: Montreal Date Announced: September 2, 2024 Value: --

Raven Indigenous Capital Partners in connection with RUNWITHIT Synthetics’ multi-million-dollar financing round

On August 28, 2024, RUNWITHIT Synthetics Inc. announced that it had secured a multi-million-dollar investment from Raven Indigenous Capital Partners. RUNWITHIT plans to use the funds to fuel product innovation and bring their platform to more cities and communities in North America and...

Lead Office: Vancouver Date Announced: August 28, 2024 Value: --

Viggle AI in its securing of $26-million Series A financing

On August 26, 2024, Viggle AI announced it had secured $26 million of Series A financing. The company plans to utilize the funding towards the growth of its platform which integrates artificial intelligence to assist users with building videos. This round was led by a16z and saw participation from...

Lead Office: Toronto Date Announced: August 26, 2024 Value: $26 million

Agilysys in its US$150-million acquisition of Book4Time

On August 20, 2024, Agilysys announced that it has acquired Book4Time for US$150 million. The acquisition will increase the portfolio of digital products and services Agilysys offers customers globally. Agilysys operates as a leading provider of hospitality software solutions and...

Lead Office: Toronto Date Announced: August 20, 2024 Value: US$150 million

Cents in its acquisition of Laundroworks

On August 8, 2024, Cents announced it had acquired Laundroworks, a hardware-based payments system powering how consumers pay for laundry at laundromats and shared laundry rooms within multi-family buildings, hotels, universities and more, to reinforce its existing hardware product line. Cents...

Lead Office: Toronto Date Announced: August 8, 2024 Value: --

Reliant AI in its raising of US$11.3 million of Seed financing

On August 20, 2024, Reliant AI announced its US$11.3-million Seed financing. This round was co-led by Inovia Capital and Tola Capital. Reliant AI is a provider of a data management software focused on offering knowledge workers with generative AI. Osler, Hoskin & Harcourt LLP advised...

Lead Office: Toronto Date Announced: August 20, 2024 Value: US$11.3 million