Canadian VC activity continues growth in third quarter, PE deal values decline
Activity in Canada’s venture capital market continued to grow in the third quarter of 2015, according to a preliminary report by Thomson Reuters. Venture disbursements to Canadian companies totaled $664 million in this period, and are on pace to reach $2.4 billion by the end of December, which will make 2015 the best year for activity since 2002. In contrast, deal values in the domestic private equity market, which totaled $7.3 billion in Q3 2015, were in the first nine months 40 percent below levels recorded at the same time last year. Thomson Reuters said Canadian private equity investment in non-resident companies totaled over $129.6 billion at the end of September, which is well up from prior years.
15 October 2015•2 mins read
