Private Equity

Canada

Fulcrum-backed Canstar Restorations acquires ABK, NorHaz

Canstar Restorations, a portfolio company of Fulcrum Capital Partners, has acquired ABK Restoration Services and NorHaz Solutions.

2 min read · 18 November 2020

Onex, GIC and others invest $1bn more in Convex Group

Canadian private equity firm Onex Corp, Singapore's GIC and other investors have committed to invest an additional US$1 billion in Bermuda-based Convex Group.

3 min read · 18 November 2020

Intact Financial, Tryg to buy RSA Insurance for C$12.3bn

Intact Financial Corp and Tryg have agreed to acquire UK-based RSA Insurance Group.

9 min read · 18 November 2020

CPPIB to invest $100m in Chinese drug maker Chi-Med

Hutchison China MediTech has agreed to sell US$100 million of its shares to Canada Pension Plan Investment Board.

4 min read · 17 November 2020

OMERS Private Equity buys TurnPoint from Trivest Partners

OMERS Private Equity has acquired TurnPoint Services, a Louisville, Kentucky-based provider of residential services, including heating, ventilation and air conditioning as well as plumbing and electrical.

3 min read · 17 November 2020

Yello snags credit facility from CIBC Innovation Banking

CIBC Innovation Banking, the technology lending arm of CIBC, has provided a US$15 million credit facility to Yello, a Chicago-based provider of early talent acquisition and recruiting scheduling software.

2 min read · 16 November 2020

CareXM secures investment from DW Healthcare Partners

DW Healthcare Partners has invested in CareXM, a Lehi, Utah-based provider of virtual care and patient engagement solutions for post-acute and non-acute healthcare providers.

2 min read · 16 November 2020

CPPIB appoints Frank Ieraci as global head of active equities

Canada Pension Plan Investment Board has appointed Frank Ieraci as senior managing director and global head of active equities, effectively immediately.

3 min read · 16 November 2020

BDC Capital provides funding to energy software maker Pandell

BDC Capital’s Growth & Transition Capital division has provided non-dilutive financing to Pandell Technology Corp, a Calgary-based provider of software-as-a-service solutions to the energy industry.

3 min read · 16 November 2020

Cerberus-led group to take Dorel Industries private for C$470m

Montreal-based Dorel Industries, a maker of juvenile products, bicycles and home products, has agreed to be taken private for C$14.50 per share.

10 min read · 16 November 2020

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