PE Hub Staff

Terramont-led consortium buys Switzer-CARTY Transportation

An investor group led by Terramont Infrastructure Partners has acquired Switzer-CARTY Transportation, a Burlington, Ontario-based provider of student transportation services.

Canadian PE investing on track to reach C$20bn in 2021: CVCA

Canada’s private equity market saw C$4.3 billion invested in 206 deals in the third quarter of 2021, according to a report issued this week by the Canadian Venture Capital and Private Equity Association.

Sagard's Canadian mid-market PE fund brings in initial C$200m

Sagard Private Equity Canada's inaugural mid-market private equity fund has held an initial closing, raising C$200 million.

AIMCo to sell interest in Spanish power producer Eolia

Alberta Investment Management Corp has agreed to sell its 97.33 percent stake in Eolia Renovables de Inversiones, a Spanish renewable energy company.

3G Capital-backed RBI to acquire Firehouse Subs for $1bn

Restaurant Brands International has agreed to acquire Firehouse Subs, a Jacksonville, Florida-based restaurant brand, for $1 billion in cash.

CDPQ acquires minority interest in M3 Mortgage Group

Caisse de dépôt et placement du Québec has invested in M3 Mortgage Group, a Montreal-based non-bank mortgage originator and brokerage.

Longbow Capital raises initial C$114m for energy transition fund

Canadian private equity firm Longbow Capital has held an initial close for its energy transition fund, securing C$114 million.

BHP in talks with Wyloo over Noront takeover: Reuters

BHP Group has started talks with Wyloo Metals, an affiliate of Australian private investment firm Tattarang, about the takeover of Toronto-based nickel producer Noront Resources.

Canadian PE deals, dollars rise sharply in first nine months

Canada’s private equity market saw an increase in transaction values and volumes in Q3 2021, with C$17.7 billion invested in 190 deals.

Round Hill and CPPIB form European student housing JV

UK-based Round Hill Capital has formed a new joint venture with Canada Pension Plan Investment Board to invest in purpose-built student accommodation in Europe.