PE Hub Staff

CDPQ acquires stake in audiovisual solutions provider Solotech

Since 2013, Solotech has been held by a group of Quebec-based shareholders: Claridge, Investissement Québec and Desjardins Capital. CDPQ now joins that group.

Beach Point invests in growth of lighting products maker Eurofase

Eurofase is a Toronto-based manufacturer of premium lighting and heating products in North America.

Kinterra Capital closes debut energy transition fund at $565m

Based in Toronto, Kinterra was launched in 2021 by managing partners Cheryl Brandon and Kamal Toor, previously founding partners of Waterton Global Resource Management.

Highland West Capital-backed Bid Group snaps up YGE

Based in Prince George, British Columbia, Bid Group is an integrated supplier of equipment, engineering and optimization services and related solutions to the wood processing industry.

Neighbourly Pharmacy agrees to be taken private by backer PCP

The deal values the company at about C$915 million.

Brookfield wraps up sixth flagship private equity fund at $12bn

To date, Brookfield Capital Partners VI has committed about $4 billion to acquire six businesses.

Fonds de solidarité FTQ invests in Fort Insurance & Group Benefits

Fort Insurance & Group Benefits is an independent insurance brokerage with offices in Westmount, St-Michel and Quebec City.

Clairvest wraps up seventh mid-market fund at $1.2bn hard-cap

Clairvest committed $300 million to Clairvest Equity Partners VII alongside $900 million from third-party investors.

Corus to sell Toon Boom Animation to TPG platform for C$147.5m

Based in Montreal, Toon Boom provides software for animation, storyboarding and pipeline management.

Madison Dearborn-backed Navacord buys Mitchell McConnell Insurance

Mitchell McConnell is a Saint John, New Brunswick-based brokerage offering risk management services, property and casualty insurance and life and accident coverage.