Oxford Living, the Canadian seniors housing management and investment affiliate of U.S. real estate private equity firm Oxford Capital Group, has acquired six private-pay supportive living properties located across Ontario. No financial terms were disclosed. The deal, done in partnership with Starr Insurance Companies, increases Oxford Living's portfolio of Ontario retirement communities to fifteen.
4 min read · 09 October 2019
3 min read · 09 October 2019
The Sacramento Municipal Utility District (SMUD) is looking to raise a venture capital fund to back startups developing mobility technology, according to a report by the Sacramento Business Journal. The fund is targeting US$100 million, the report said, mostly from corporate investors, such as automotive and technology companies. EnerTech Capital, a Toronto-based energy technology venture capital firm, will manage the fund.
1 min read · 09 October 2019
3 min read · 09 October 2019
Voyager Capital, a Seattle, Washington-based venture capital firm, has raised US$100 million for its fifth fund. The fund, which will make first-round investments in B2B startups in cloud infrastructure, software-as-a-service and other verticals, plans to focus in part on opportunities in Western Canada. The fund's investors include BC Tech Fund, managed by Kensington Capital Partners, according to a report by Business in Vancouver.
3 min read · 09 October 2019
Champlain Financial Corp has partnered with Claridge, a Canadian family office, in the acquisition of Captain Dan’s Seafood, a Dieppe, New Brunswick-based seafood processor that specializes in lobster and snow crab products. Terms weren't disclosed. The deal was done by the Champlain Seafood platform, formed in 2017 with the Canadian private equity firm's acquisitions of Cheticamp Fisheries and Riverside Lobster. Founded in 1994, Captain Dan’s serves corporate customers in North America, Europe and Asia.
3 min read · 09 October 2019
2 min read · 09 October 2019
MaRS Catalyst Fund, a Toronto-based early-stage impact fund created in collaboration with MaRS Discovery District, has rebranded as Amplify Capital and launched a new fund. The fund has a target size of $30 million and is seeking an initial close by early 2020. MaRS Catalyst Fund was launched in 2016 with the backing of Virgin Unite, as well as other investors, including Chawkers Foundation, Fondaction, J. W. McConnell Family Foundation and Lino et Mirella Saputo Foundation. It made nine investments in Ontario and Québec.
4 min read · 08 October 2019
2 min read · 08 October 2019
3 min read · 07 October 2019
