PE Hub Staff

CAI Capital to sell Feeney Utility Services to Artera

CAI Capital Partners has agreed to sell Feeney Utility Services Group, a Boston-based provider of maintenance, repair and upgrade services to natural gas utilities.

Birch Hill to take lion's share of Softchoice's IPO proceeds

Toronto-based technology solutions provider Softchoice Corp has priced its initial public offering of common shares on the Toronto Stock Exchange to raise about C$350 million.

Mid-market infrastructure firm InstarAGF rebrands as Instar

InstarAGF Asset Management, a Canadian mid-market infrastructure investment firm, has rebranded as Instar Asset Management, ending its joint venture with AGF Management.

Silversmith closes $500m sale of Absorb Software to WCAS

Silversmith Capital Partners has wrapped up the sale of Calgary-based Absorb Software, a provider of cloud-based learning and performance management software.

Torstar-controlled VerticalScope files for IPO on TSX

VerticalScope has filed a preliminary prospectus for an initial pubic offering of subordinate voting shares on the Toronto Stock Exchange.

Fondaction backs Groupe SFGT's acquisition of Maestro

Coaticook, Quebec-based insurance company Groupe SFGT has acquired Maestro Groupe Financier, a Quebec City-based financial and investment consultancy.

Mill Road-backed Swiss Water increases senior debt facility

Swiss Water Decaffeinated Coffee has amended its senior debt facility with Business Development Bank of Canada, with participation by a new lender, Farm Credit Canada.

PCP-backed Neighbourly raises C$193m in close of IPO

Neighbourly Pharmacy, a Toronto-based network of community pharmacies, has closed its initial public offering of common shares, raising about C$175 million.

Canadian PE sees record transacting, lower values in Q1: CVCA

Activity in Canada's private equity market was in volume terms the highest on record in Q1 2021, with 177 deals done, according to a report issued this week by the Canadian Venture Capital and Private Equity Association.

PE-backed DWF acquires Barnescraig & Associates

DWF has acquired Barnescraig & Associates, a Vancouver-based insurance claims management and adjusting business.