Private Equity

Canada

Digital assets developer Stablecorp secures funding

Stablecorp, a Toronto-based developer of digital assets, has collected C$2 million in financing.

3 min read · 25 February 2021

Oaktree, JHR-backed RRP adds to investment in Foodtastic

Montreal-based Foodtastic has secured a $50 million investment from Restaurant Royalty Partners, a joint venture of Oaktree Capital Management and JHR Capital.

2 min read · 24 February 2021

B2B automotive platform Trade X inks $50m line of credit

TRADE X, a Toronto-based business-to-business automotive trading platform, has raised a senior secured revolving line of credit of $50 million, including an ability to expand up to $100 million.

3 min read · 24 February 2021

ReNew Power to go public via merger with blank-check firm: Reuters

India's renewable energy company ReNew Power said it would go public through an $8 billion merger with RMG Acquisition Corporation II, a blank-check firm, Reuters reported.

1 min read · 24 February 2021

Apax Partners-backed Graitec acquires Redcage

Graitec, a portfolio company of Apax Partners, has acquired Redcage, a Toronto-based provider of Autodesk solutions for the architecture, engineering and construction and manufacturing sectors.

2 min read · 24 February 2021

Atmospheric Fund joins VC syndicate behind Peak Power

Toronto-based Peak Power, a provider of AI-enabled software that supports intelligent energy in smart cities, has secured an investment from the Atmospheric Fund.

3 min read · 24 February 2021

ZenHub attracts $4.7m in seed round led by BDC, Ripple

ZenHub, a Vancouver-based project management platform built for software development teams using GitHub, has raised $4.7 million (C$5.9 million) in seed financing.

1 min read · 24 February 2021

CBGF invests more in downsizing marketplace MaxSold

Canadian Business Growth Fund has made a follow-on investment in MaxSold, a Kingston, Ontario-based online platform for selling home contents.

2 min read · 23 February 2021

CPPIB-owned Cordelio acquires Missouri wind project

Toronto-based Cordelio Power has acquired the 400-megawatt Firebrick wind project under development in Audrain County, Missouri.

2 min read · 23 February 2021

Alaris Equity Partners invests $38m in 3E, Accscient

Alaris Equity Partners has invested $30 million in 3E, a US utility service provider that installs, inspects, maintains and replaces infrastructure.

3 min read · 23 February 2021

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