Private Equity

Canada

Affirm to buy CBGF-backed PayBright for C$340m

San Francisco-based financial technology platform Affirm has agreed to acquire PayBright, a Toronto-based provider of installment payment plans for e-commerce and in-store purchases.

4 min read · 03 December 2020

Thoma Bravo to acquire a majority interest in Flexera

Thoma Bravo has agreed to acquire a majority stake in Flexera, a provider of IT management solutions for businesses.

6 min read · 03 December 2020

Hg leads funding of Benevity, GA, JMI Equity retain stakes

Hg has led an investment in Calgary-based Benevity, a provider of corporate purpose cloud software.

5 min read · 03 December 2020

Ultimate.ai snags Series A in OMERS Ventures-led round

Helsinki and Berlin-based Ultimate.ai, a creator of a virtual customer service agent, has secured $20 million in Series A funding.

4 min read · 03 December 2020

Incline Equity-backed Profile Products acquires Sunterra

Profile Products, which is backed by Incline Equity Partners, has acquired Sunterra Horticulture, a Winnipeg-based producer of professional-grade sphagnum peat moss.

2 min read · 03 December 2020

Fairfax, OMERS to divest stakes in Riverstone Europe to CVC

Canada's Fairfax Financial Holdings has agreed to sell its interests in insurance services provider Riverstone Europe to CVC Capital Partners for about US$750 million.

3 min read · 03 December 2020

PE-backed Hub International buys Seymour Alper

Chicago-based insurance broker Hub International has acquired Seymour Alper, a Mount Royal, Quebec-based insurance and risk management business.

2 min read · 03 December 2020

Third Eye Capital funds MBO of Cricket Energy Holdings

A group of managers have acquired Cricket Energy Holdings, a Concord, Ontario-based provider of smart home energy/metering solutions and consulting services.

3 min read · 03 December 2020

Fulcrum Capital-owned Kore Outdoor buys G.I. Sportz

G.I. Sportz, a Montreal-based maker of high-quality paintball products, has completed its restructuring process that has culminated in a sale to Kore Outdoor.

2 min read · 03 December 2020

Lightspeed POS buys Vista-backed Upserve for $430m

Lightspeed POS Inc has acquired Rhode Island-based Upserve Inc, a restaurant management cloud-software company, from Vista Equity Partners.

3 min read · 02 December 2020

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