Representative Work Representative Work

Hoot Reading in its $3 million Seed financing round

On October 19, 2021, Hoot Reading announced it had completed its oversubscribed $3 million Seed financing round led by Spin Master Ventures. The proceeds from the financing will be used to expand into new markets, address the needs of underserved children, scale its new corporate platform...

Lead Office: Toronto Date Closed: October 22, 2021 Value: $3 million

Fraction in its $20 million Series A financing round

On October 21, 2021, Fraction announced it had completed its $20 million Series A financing round led by QED Investors and included participation from Impression Ventures, Primetime Partners, Panache Ventures, Global Founders Capital and angel investors. The proceeds from the financing will...

Lead Office: Toronto Date Closed: October 21, 2021 Value: $20 million

SkyHive in its US$40 million Series B financing round

On October 20, 2021, it was announced that SkyHive, a Vancouver-based SaaS platform providing workforce transformation and labor market development guidance, had closed a US$40 million Series B funding round led by Eldridge, with participation from other investors Allegis Cyber, Accenture Ventures,...

Lead Office: Vancouver Date Closed: October 20, 2021 Value: US$40 million

VTS in its acquisition of Lane Technologies

On October 19, 2021, VTS announced its acquisition of Lane Technologies for approximately $200 million. The acquisition forms the largest office-app firm in the world, makes VTS a global leader for tenant experience, and triples VTS’ presence in Canada. VTS is a New York-based...

Lead Office: Toronto Date Closed: -- Value: $200 million

The Levy Family in theScore’s US$2 billion acquisition by Penn National Gaming

On August 5, 2021, Penn National Gaming announced it will acquire theScore for US$2 billion in cash and stock. The acquisition creates a first-of-its-kind, vertically integrated media and omni-channel gaming business, combining sports, gaming and media in North America, and will allow the company...

Lead Office: Toronto Date Closed: October 19, 2021 Value: US$2 billion

Radical Ventures in Crossing Minds’ US$10 million Series A financing round

On October 18, 2021, Crossing Minds announced it had completed its US$10 million Series A financing round led by Radical Ventures and including participation from Index Ventures, Partech and Lerer Hippeau. The proceeds from the financing will be used to fund the company’s engineering...

Lead Office: Toronto Date Closed: October 18, 2021 Value: US$10 million

TopBuild in its $1 billion acquisition of Distribution International

On October 15, 2021, TopBuild Corp. completed its acquisition of Distribution International from Advent International, in an all cash transaction valued at $1 billion. This transaction strategically positions TopBuild as the leading supplier of energy saving insulation products in critical...

Lead Office: Toronto Date Closed: October 15, 2021 Value: $1 billion

Pani Energy in its $8 million financing round led by Blue Bear Capital and Blue Coast Partners

On October 14, 2021, Pani Energy, a Victoria-based cleantech SaaS company, announced it had completed its $8 million financing round co-led by Blue Bear Capital and Blue Coast Partners, along with participation from Mazarine Ventures and Humanitas. In addition, Sustainable Development...

Lead Office: Vancouver Date Closed: October 14, 2021 Value: $8 million

iNovia Capital in the launch of its $416 million venture capital fund

On October 14, 2021, iNovia Capital announced it had launched a new $416 million venture capital fund to extend support to several high-profile companies with the potential to go public. The continuation fund is meant to act as a bridge between late-stage growth and the public markets,...

Lead Office: Montreal Date Closed: October 14, 2021 Value: $416 million

Callia in its $6.4 million Series A financing round

On October 13, 2021, Callia announced it has completed its $6.4 million Series A financing round led by Brightspark Ventures with participation from Golden Ventures, Sandpiper Ventures and Conexus Venture Capital. The proceeds from the debt and equity round will be used to expand its flower...

Lead Office: Toronto Date Closed: October 13, 2021 Value: $6.4 million