Representative Work Representative Work

OMERS Ventures in connection with ClearEstate’s $16.8 million Series A funding round

On February 3, 2022, ClearEstate, an estate settlement start-up, completed its $16.8 million Series A funding led by OMERS Ventures with participation from Diagram, Torstar and NAVentures. With this funding, ClearEstate plans on expanding to Florida, New York, Texas, and some adjacent...

Lead Office: Toronto Date Closed: February 3, 2022 Value: $16.8 million

Inkbox Ink in its US$65 million acquisition by BIC

On February 1, 2022, Inkbox Ink completed its US$65 million acquisition by BIC, a world leader in stationery, lighters and shavers. This acquisition will broaden BIC's human expression portfolio and Inkbox's digital expertise will further strengthen BIC's direct-to-consumer,...

Lead Office: Toronto Date Closed: February 1, 2022 Value: US$65 million

Drive Capital in connection with Koho’s $210 million Series D financing

On February 1, 2022, Koho, a Toronto-based FinTech start-up, completed its $210 million Series D financing led by US-based holding company Eldridge, with follow-on funding from past investors Drive Capital, TTV Capital, and Portage Ventures. BDC, HOOPP, and Round 13 Capital also...

Lead Office: Toronto Date Closed: February 1, 2022 Value: $210 million

Tantalus Systems in its acquisition of Congruitive

On February 1, 2022, Tantalus Systems Holdings acquired DLC Systems, Inc. d/b/a Congruitive for a purchase price that includes US$8 million of closing consideration and up to US$5 million through a two-year earn-out. The acquisition of Congruitive will provide Tantalus Systems the opportunity...

Lead Office: Vancouver Date Closed: February 1, 2022 Value: US$8 million

Tintic in its acquisition by Osisko

On January 25, 2022, Tintic Consolidated Metals, a US-based mining company and owner of  large land holding in the mineral rich East Tintic District of Utah, announced its acquisition by Osisko Development. With this acquisition, Osisko will gain ownership of the fully permitted and producing...

Lead Office: Vancouver Date Closed: -- Value: US$177 million

Daylight Automation in its acquisition of Proof Data Technology

On January 25, 2022, Daylight Automation announced its acquisition of Proof Data Technology, a start-up that offers a cloud-based platform that assists government offices in streamlining their paperwork. With the acquisition, Daylight plans to accelerate its expansion into the United...

Lead Office: Toronto Date Closed: January 25, 2022 Value: -

Certn in its acquisition of Credence

On January 25, 2022, Certn announced its acquisition of Credence, a UK-based leading provider of background checks. With this acquisition, Certn will diversify its offerings and increase its client roster, many of whom reside in new markets. Certn, founded in 2016, is a Canadian-based provider of...

Lead Office: Vancouver Date Closed: January 25, 2022 Value: -

BenchSci in its US$50 million Series C financing round

On January 24, 2022, BenchSci announced its US$50 million Series C financing round led by funding round led by iNovia Capital and TCV. Bringing their total investment to $123 million, BenchSci will expedite the expansion of its transformative AI-powered software platform that accelerates research...

Lead Office: Toronto Date Closed: January 24, 2022 Value: US$50 million

Royal Bank of Canada in its $750 million inaugural institutional Preferred Shares Series BT offering

On November 5, 2021, Royal Bank of Canada completed its inaugural institutional preferred share offering valued at $750 million - the first Canadian bank to complete this type of offering. This offering was the next step in RBC’s Tier 1 capital offerings, following its inaugural $1.75...

Lead Office: Toronto Date Closed: January 21, 2022 Value: $750 million

QED Investors in connection with Shakepay’s US$35 million Series A financing round

On January 20, 2022, Shakepay, a Montréal-based cryptocurrency startup, announced its US$35 million Series A financing round led by QED Investors, with continued participation from California’s Boost VC and Montréal’s BoxOne Ventures. With this financing, Shakepay plans to...

Lead Office: Toronto Date Closed: January 20, 2022 Value: US$35 million