Northleaf Capital Partners, a C$4.5 billion private equity and real assets fund-of-funds manager and advisor based in Toronto, has hired Matthieu Ducharme as Vice President with a particular focus on the origination and evaluation of private equity secondary investments. Mr. Durcharme will operate from Northleaf's London office. Northleaf is currently raising capital for Northleaf Secondary Partners, a specialist private equity secondary fund that provides focused exposure to secondary transactions globally.
2 min read · 22 January 2013
Fixmo, Inc., a Toronto-based provider of mobile security and risk management solutions for enterprise and government clients, has obtained a strategic investment from Samsung Venture Investment Corp., the investment arm of Korea's Samsung Group. The financial terms of the deal were not disclosed. Fixmo has raised over C$30 million in financing rounds since 2010. Its Canadian and US venture backers include Extreme Venture Partners, Horizon Ventures, iNovia Capital, Kleiner Perkins Caufield and Byers, Motorola Ventures, Paladin Capital, Panorama Capital and Rho Canada Ventures.
3 min read · 22 January 2013
Pinetree Capital has purchased common shares in Novo Resources Corp., a Vancouver, British Columbia-based company which currently focuses on the evaluation, acquisition and exploration of gold properties in Western Australia. Pinetree, a publicly-listed investment firm located in Toronto, Ontario targets investments in a range of mining businesses.
2 min read · 22 January 2013
Jostle Corp., a Vancouver, British Columbia-based company start-up, has raised an additional C$3.1 million, bringing its total financing to C$4.6 million. The new funds, which came from private investors, will be used to accelerate the market entry of Jostle’s unique enterprise software offering. Jostle’s cloud-based platform competes with platforms offered by such companies as Yammer and Jive.
3 min read · 22 January 2013
Billionaire investor Wilbur Ross wants International Automotive Components, the auto supplier he controls, to go public to get access to cheaper capital, but he added he was in no rush for an initial public offering.
3 min read · 22 January 2013
strong>TVM Life Science Ventures VII has invested an undisclosed amount of money into Montréal-based Kaneq Bioscience Ltd. Kaneq is a biotechnology company focused on developing treatments for type 2 diabetes, and a spin out of Kaneq Pharma Inc. TVM Life Science Ventures VII, managed by TVM Capital Life Science, a venture capital firm with offices in Montréal, Munich and Boston, was closed at C$150 million in May, 2012.
3 min read · 22 January 2013
Vision Critical Communications, Inc., a Vancouver, British Columbia-based specialist in online market research, has acquired DiscoverText, a cloud-based text analytics solutions provider. No financial terms of the transaction were released. Vision Critical raised C$20 million from OMERS Ventures in August, 2012. The company has also been financed by TELUS Ventures and Welllington Financial LP in deals going back to 2004.
3 min read · 22 January 2013
KinSett Capital's KS Acquisition II LP has filed a notice of extension with the depositary of the offer previously announced on December 5, 2012 to purchase all of the trust units of Primaris Retail Real Estate Investment Trust. The offer is now open for acceptance by Primaris unitholders until 5.00 p.m. (Toronto time) on February 4, 2013, unless withdrawn by the offeror.
4 min read · 20 January 2013
Ontario Teachers' Pension Plan and SeaCube Container Leasing, Ltd. have entered into an agreement by which Teachers' will acquire 100 percent of the shares of SeaCube, a container leasing company based in Park Ridge, New Jersey. Under the terms of the agreement, which is expected to close in the first half of 2013, SeaCube shareholders will receive $23.00 in cash per SeaCube common share. Reuters estimates the transaction value to be US$467 million.
4 min read · 20 January 2013
Keek, Inc., a Toronto, Ontario-based social video networking platform, has raised C$18 million in new funding, the company announced. AGF Investments, Pinetree Capital and Plazacorp Ventures led this current round, with Cranson Capital also participating. The company has raised a total of C$30 million since it obtained its first investment from Canadian venture capital funds and other investors in 2011.
3 min read · 18 January 2013
