Private Equity

Canada

PE-backed Cubico Sustainable buys two solar PV projects

Cubico Sustainable Investments, a portfolio company of Ontario Teachers’ Pension Plan and PSP Investments, has acquired Delta’s Edge and Crossett, two U.S.-based solar photovoltaic projects totaling 270 megawatts, from Renewable Energy System.

2 min read · 30 November 2020

Crescita Capital backs mining company Temas Resources

Vancouver, British Columbia-based Temas Resources Corp, a mineral company, has secured C$5 million in funding.

3 min read · 30 November 2020

GardaWorld extends cash offer for British rival G4S: Reuters

Montreal-based GardaWorld has further extended its cash offer for larger rival G4S, which has repeatedly rejected the hostile bid valuing the British company at about 3 billion pounds (US$4 billion), Reuters reported.

1 min read · 30 November 2020

Retail mobile solutions provider Tulip acquires Timekit

Tulip, which recently raised financing from BDC Capital, has acquired Timekit, a San Francisco-based provider of an advanced scheduling and resource management system.

3 min read · 27 November 2020

Accel-KKR-backed FastSpring buys VC-backed SalesRight

FastSpring has acquired SalesRight, a Halifax, Nova Scotia-based software-as-a-service solution for business-to-business sales teams.

2 min read · 26 November 2020

Canadian PE deal-making declines in third quarter: CVCA

Deal-making in Canada’s buyout and private equity market was reduced in the third quarter of 2020, according to a report by the Canadian Venture Capital and Private Equity Association.

2 min read · 26 November 2020

VC going to Canadian tech companies drops in Q3: CVCA

Venture capital investment in Canadian technology companies declined in the third quarter of 2020, according to a report by the Canadian Venture Capital and Private Equity Association.

3 min read · 26 November 2020

Caldas Gold to secure C$19.5m investment from Orion

Orion Mine Finance has agreed to invest about C$19.5 million in Caldas Gold Corp, a Toronto-based junior mining company.

3 min read · 26 November 2020

Venture-backed Tulip raises financing from BDC Capital

Tulip, a Canadian cloud-based software provider focused on mobile solutions for retail stores, has secured undisclosed financing from BDC Capital.

3 min read · 26 November 2020

Loblaw buys tech assets from NordStar-owned Torstar

Loblaw Companies has acquired technology and the related team from Eyereturn Marketing, a subsidiary of Torstar Corp.

2 min read · 26 November 2020

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