Private Equity

Canada

Kelso-backed Novvia buys Andicor Container Distribution

Novvia Group has acquired Andicor Specialty Chemicals, a Mississauga, Ontario-based distributor of plastic, tin and steel products.

3 min read · 11 February 2022

Kensington's PE fund invests in DTC jewelry retailer Jewlr

Kensington Private Equity Fund has invested in Jewlr, a Toronto-based direct-to-consumer retailer specializing in the design and manufacturing of personalized jewelry.

2 min read · 11 February 2022

7shifts collects $80m in SoftBank-led Series C financing

Saskatoon-based 7shifts , a team management platform for restaurants, has secured $80 million in Series C financing.

3 min read · 11 February 2022

Brookfield weighs asset management unit spin-off: Reuters

Brookfield Asset Management is considering spinning off its asset management unit at a valuation of $70 billion to $100 billion, according to a letter sent to shareholders, Reuters reported.

1 min read · 10 February 2022

Tepper Holdings-backed Fastfrate acquires United Transfer

Fastfrate, backed by Tepper Holdings, has acquired United Transfer, a transportation and warehousing company based in Saskatoon, Saskatchewan.

3 min read · 10 February 2022

OMERS to sell Forefront Dermatology to Partners Group

Partners Group has agreed to acquire Forefront Dermatology from OMERS Private Equity.

4 min read · 10 February 2022

Fondaction invests in smart LED lighting platform Sollum

Fondaction has invested in Sollum Technologies, a Montreal-based provider of smart LED lighting solutions for greenhouse crop production.

3 min read · 10 February 2022

Cambridge Power, Brookfield seal energy storage partnership

Cambridge Power has agreed to partner with Brookfield Renewable to develop a portfolio of battery energy storage system sites across the UK.

2 min read · 10 February 2022

Newton Crypto inks $20m Series B financing led by DV Chain

Toronto-based Newton Crypto, a low-cost cryptocurrency trading platform, has raised $20 million (C$25 million) in Series B financing.

3 min read · 10 February 2022

ATL Partners and BCI to sell Pilot Freight Services for $1.7bn

ATL Partners and British Columbia Investment Management Corp have agreed to sell Pilot Freight Services, a Glen Mills, Pennsylvania-based transportation and logistics provider.

4 min read · 10 February 2022

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