Private Equity

Canada

CIBC tees up $12m funding of Susquehanna-backed Phorest

CIBC Innovation Banking has provided a $12 million debt financing to Phorest Salon Software, a Dublin-based provider of online booking and management software for salon owners.

2 min read · 07 March 2022

Tilray to acquire Hexo debt, Kaos to provide equity backstop

Hexo Corp, an Ottawa-based cannabis products maker, has formed a strategic partnership with Tilray Brands that includes a debt financing agreement.

4 min read · 07 March 2022

Pershing Square takes fresh stake in Canadian Pacific: Reuters

US hedge fund Pershing Square Capital Management has acquired a new stake in railroad operator Canadian Pacific, Reuters reported.

1 min read · 07 March 2022

Longpoint, Brookfield close real estate secondaries JV

Boston-based real estate investment firm Longpoint Partners has closed a joint venture with Brookfield Asset Management's real estate secondaries business.

2 min read · 04 March 2022

CIBC provides $150m debt facility to venture-backed VTS

CIBC Innovation Banking has provided a $150 million syndicated debt financing to New York-based VTS, a provider of commercial real estate software.

2 min read · 04 March 2022

Visby Medical amasses more than $100m in Series E round

Visby Medical, a San Jose, California-based medical diagnostic company, has raised more than $100 million in Series E financing.

3 min read · 03 March 2022

Onex-backed WestJet to buy leisure travel company Sunwing

Calgary-based airline carrier WestJet has agreed to acquire Sunwing Vacations and Sunwing Airlines, together a Toronto-based leisure travel business.

3 min read · 03 March 2022

Versik acquires TorQuest and Warburg-backed Opta

Jersey City-based data analytics company Versik has acquired Opta Information Intelligence, a Toronto-based provider of property intelligence and loss control services.

4 min read · 03 March 2022

BBH Capital Partners acquires minority interest in Synex

Synex, a Quebec City-based network of property and casualty and group benefits insurance brokerages, has secured a more than C$100 million investment from BBH Capital Partners.

2 min read · 03 March 2022

Opslevel rallies $15m Series A led by Threshold Ventures

Toronto-based Opslevel, a developer portal that helps engineering teams organize and manage microservices, has secured $15 million in Series A financing, according to a blog post.

1 min read · 03 March 2022

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