Private Equity

Canada

Penfund invests more in Genstar Capital-backed Arrowhead

Penfund has closed an additional second lien debt investment in Arrowhead Engineered Products, a Blaine, Minnesota-based supplier of aftermarket replacement parts.

2 min read · 29 March 2022

Longbow leads C$11m Series A financing of Arcus Power

Arcus Power Corp, a Calgary-based, power-focused predictive analytics software company, has raised C$11 million in Series A financing.

3 min read · 29 March 2022

Citylitics raises $5m in Series A round led by DVC, Cerium

Toronto-based Citylitics, a predictive intelligence solutions provider for utility and public infrastructure markets, has raised $5 million in Series A financing.

4 min read · 29 March 2022

Banneker Partners makes growth investment in Eyelit

Banneker Partners has made a growth investment in Eyelit, a provider of manufacturing execution, quality management and factory automation solutions.

3 min read · 29 March 2022

Brookfield weighs bid for PAG-owned AirPower: Bloomberg

Brookfield Asset Management is considering bidding for AirPower Technologies, a Chinese industrial gases producer owned by buyout firm PAG, sources told Bloomberg.

1 min read · 29 March 2022

Macquarie, BCI to acquire majority stake in NGG business

National Grid has agreed to sell a 60 percent equity interest in its UK gas transmission and metering business to a consortium.

5 min read · 29 March 2022

Brookfield, Elliot to acquire Nielsen Holdings for $16bn

An investor group that consists of Elliott Investment Management's Evergreen Coast Capital Corp and Brookfield Business Partners has agreed to acquire Nielsen Holdings, a New York-based audience measurement, data and analytics business, for $28 per share.

3 min read · 29 March 2022

Spatula Foods collects $1.5m in GFC-led pre-seed financing

Toronto-based Spatula Foods, a gourmet meal subscription startup, has collected $1.5 million in pre-seed financing.

5 min read · 28 March 2022

Pixxel grabs $25m in Series A round led by Radical Ventures

Pixxel, a Palo Alto, California and Bangalore, India-based earth-imaging technology startup, has secured $25 million in Series A financing

4 min read · 28 March 2022

Brookfield invests C$300m in Advantage Energy's Entropy

Entropy, a carbon capture and storage technology affiliate of Calgary-based low-carbon energy producer Advantage Energy, has secured a C$300 million investment.

3 min read · 28 March 2022

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