Canada

Gryphon Investors has acquired a majority stake in the ServiceNow division of Highmetric, a digital IT services provider, from Acacia Group.

Avison Young has acquired Cassian, a Paris-based real estate asset and investment management company.

Dentalcorp has closed its initial public offering of subordinate voting shares on the Toronto Stock Exchange, bringing in C$700 million.

CAI Capital Partners has agreed to sell Feeney Utility Services Group, a Boston-based provider of maintenance, repair and upgrade services to natural gas utilities.

Saskatoon-based Vendasta, a platform for channel partners providing digital solutions to small businesses, has secured C$119.5 million in financing.

Toronto-based technology solutions provider Softchoice Corp has priced its initial public offering of common shares on the Toronto Stock Exchange to raise about C$350 million.

InstarAGF Asset Management, a Canadian mid-market infrastructure investment firm, has rebranded as Instar Asset Management, ending its joint venture with AGF Management.

Silversmith Capital Partners has wrapped up the sale of Calgary-based Absorb Software, a provider of cloud-based learning and performance management software.

VerticalScope has filed a preliminary prospectus for an initial pubic offering of subordinate voting shares on the Toronto Stock Exchange.

Delta, British Columbia-based Hydra Energy, a hydrogen-as-a-service provider for commercial fleets, has collected $12 million in financing.