Representative Work Representative Work

OPTrust in USS’ 50% stake in Bruc Energy

On May 17, 2021, the Universities Superannuation Scheme (USS), the largest private pension scheme in the UK, acquired a 50% stake in Bruc Energy. The $281 million investment will grant USS a stake in a 4GW pipeline of solar photovoltaic farms. The partnership will help Bruc Energy become...

Lead Office: Toronto Date Closed: May 17, 2021 Value: -

Agnostiq in its financing round

On May 13, 2021, Agnostiq, a Toronto-based software firm specializing in building a development platform for quantum computing, completed its seed round led by Differential Ventures. The funding will be used to develop the platform to build quantum computing into the workflows of clients in the...

Lead Office: Toronto Date Closed: May 13, 2021 Value: -

Bain Capital in its US$15 million investment in Relay Financial

On May 13, 2021, Relay Financial, a Toronto-based Fintech company focused on providing banking and financial services to small businesses, completed its US$15 million Series A financing round led by Bain Capital. The funding will be used to add customers, expand its engineering and product...

Lead Office: Toronto Date Closed: May 13, 2021 Value: US$15 million

Susquehanna Growth Equity in its investment in LiveBarn

On May 11, 2021, LiveBarn, a provider of online broadcasts of amateur & youth sports from venue locations across the United States & Canada, announced it has received a significant investment from Susquehanna Growth Equity. The funding will be used to expand LiveBarn’s venue...

Lead Office: Toronto Date Closed: May 11, 2021 Value: -

Longo’s in its acquisition by Empire Company Limited

On March 16, 2021, the shareholders of Longo Brothers Fruit Markets Inc. (Longo's) entered into an agreement for the sale of 51% of Longo’s to Empire Company, with an option to put the remaining interest in Longo’s to Empire in tranches beginning after the fifth anniversary...

Lead Office: Toronto Date Closed: May 10, 2021 Value: $357 million

Tantalus Systems Holding Inc. in its $90 million Qualifying Transaction with RiseTech Capital Corp., concurrent financing and graduation to the Toronto Stock Exchange

On May 10, 2021, Tantalus Systems Holding Inc., a Burnaby based smart-grid technology company, completed its listing on the Toronto Stock Exchange under the symbol “GRID”. Tantalus’ listing on the Toronto Stock Exchange follows the completion of the company’s $90...

Lead Office: Toronto Date Closed: May 10, 2021 Value: $90 million

CTI Capital in its new venture capital fund

On May 10, 2021, CTI Capital announced its new venture capital fund. The new fund includes cash from the Fonds de solidarité FTQ, Caisse de dépôt et placement du Québec (CDPQ), Investissement Québec (IQ) and Teralys Capital. CTI Capital will use this fund to invest in biotherapeutics,...

Lead Office: Montreal Date Closed: May 10, 2021 Value: -

Laurentian Bank in its inaugural LRCN offering

On May 7, 2021, Laurentian Bank of Canada completed its inaugural offering of $125 million aggregate principal amount of 5.30% Limited Recourse Capital Notes (LRCNs). The offering was made through a syndicate of agents co-led by Laurentian Bank Securities and CIBC Capital Markets acting as...

Lead Office: Toronto Date Closed: May 7, 2021 Value: $125 million

Information Venture Partners in the $124 million closing of its third venture capital fund

On May 5, 2021, Information Venture Partners announced it had closed its third venture capital fund, raising approx. $124 million. The fund was backed by a group of anonymous partners that invested in the firm in the hopes of modernizing financial services. Information Venture Partners sees...

Lead Office: Montreal Date Closed: May 5, 2021 Value: $124 million

Higher Logic in its acquisition of Vanilla

On May 4, 2021, Higher Logic completed its acquisition of Vanilla, a Canadian cloud-based software company. The acquisition combines two market leading platforms and will allow Higher Logic to expand its offering across new markets and geographies.   Higher Logic is a human-focused...

Lead Office: Toronto Date Closed: May 4, 2021 Value: -