Representative Work Representative Work

Precision AI in its $20 million financing round

On May 4, 2021, Precision AI completed its $20 million financing round consisting of seed equity capital and grant funding. The startup’s first external capital raise was co-led by At One Ventures and the Industrial Innovation Venture fund of BDC Capital and included participation...

Lead Office: Toronto Date Closed: May 4, 2021 Value: $20 million

Wealthsimple in its $750 million financing

On May 3, 2021, Wealthsimple announced its $750 million financing round at a post-money valuation of $5 billion. The financing round is led by Meritech and Greylock. The capital raised in the financing round will be used to further expand its market position, build out its product...

Lead Office: Toronto Date Closed: May 3, 2021 Value: $750 million

EllisDon Capital in its bid on the Burnaby Hospital Redevelopment Project

In May 2021, EllisDon Capital Inc. was named the successful proponent for the $612 million Phase 1 Burnaby Hospital Redevelopment Project. Phase 1 of the project includes the construction of a new six storey, 83 bed pavilion with underground parking and the expansion of the emergency department,...

Lead Office: Toronto Date Closed: May 1, 2021 Value: $612 million

The Underwriters in goeasy’s $172.5 million subscription receipt offering in connection with its $320 million proposed acquisition of LendCare

On April 12, 2021, goeasy Ltd., a leading full-service provider of goods and alternative financial services, announced it had entered into a definitive agreement to acquire LendCare Holdings Inc. for $320 million. In connection with the acquisition, goeasy also announced a concurrent $130...

Lead Office: Toronto Date Closed: April 30, 2021 Value: $172.5 million

Fengate Capital in its preferred share investment in eStruxture

On April 30, 2021, Fengate Capital Management completed a preferred share investment in eStruxture Data Centers to partially fund its acquisition of the entire Canadian data center business of Aptum Technologies. The investment will be used to considerably expand eStruxture’s Canadian operations...

Lead Office: Toronto Date Closed: April 30, 2021 Value: -

King Street Capital Management in its private placement in Denarius Silver Corp.

On March 17, 2021 Denarius Silver Corp. completed a non-brokered private placement of subscription receipts for aggregate gross proceeds of $33,750,000. A portion of the proceeds from the financing were used to acquire a 100% indirect interest in the Rubia permit, covering the areas...

Lead Office: New York Date Closed: April 29, 2021 Value: $33.75 million

Bausch Health Companies Inc. in its intention to spin off its eye health business into an independent publicly traded company

On August 6, 2020, Bausch Health Companies Inc. announced its intention to spin off its eye health business into an independent publicly traded company from the remainder of Bausch Health. The separation will create two separate companies including a fully integrated, pure play eye health...

Lead Office: Toronto Date Closed: April 28, 2021 Value: -

Clio in its US$110 million Series E financing led by T. Rowe Price Associates, Inc. with participation by OMERS Growth Equity

On April 27, 2021, Clio, the market leader in cloud-based legal technology, announced the closing of its US$110 million Series E financing round led by T. Rowe Price Associates, Inc. with participation by OMERS Growth Equity.  This financing round values Clio at US$1.6 billion and...

Lead Office: Vancouver Date Closed: April 27, 2021 Value: US$110 million

The Underwriters in Thinkific’s $184 million IPO

On April 27, 2021, Thinkific Labs Inc. closed its initial public offering of subordinate voting shares and listing on the Toronto Stock Exchange under the symbol “THNC”. The offering consisted of a total of 12,310,000 subordinate voting shares at a price of $13.00 per...

Lead Office: Vancouver Date Closed: April 27, 2021 Value: $184 million

Medchart in its US$17 million Seed and Series A financings

On  April 22, 2021, Medchart, a cloud-based health data platform, announced it has raised US$17 million in Seed and Series A financing rounds, led by Crosslink Capital and Golden Ventures. Capital from the round will be invested to accelerate product innovation and hire new talent to...

Lead Office: Toronto Date Closed: April 22, 2021 Value: US$17 million