Canada

PE-backed Ardonagh inks financing

UK-based Ardonagh, an insurance broker, has secured a loan of 1.875 billion pounds.

CDPQ backs growth of design business Lemay

Caisse de dépôt et placement du Québec has provided a C$8.7 million loan to Lemay, a Montreal-based architecture and design business.

AIMCo taps ex-CPP Investments CEO Mark Wiseman as board chair

Mark Wiseman has been appointed to chair the board of Alberta Investment Management Corp.

Cubico buys French onshore wind development business

Cubico Sustainable Investments, a portfolio company of Ontario Teachers’ Pension Plan and PSP Investments, has acquired a French onshore wind development business from InControl SA and Biorganotec bvba.

PE-backed C-P Flexible Packaging buys Genpak Flexible

C-P Flexible Packaging, a portfolio company of First Atlantic Capital, has acquired Genpak Flexible, an Aurora, Ontario- and Lakeville, Minnesota-based provider of film, foil and paper packaging products.

PE-backed Tidewater and TransAlta to sell Pioneer Pipeline

Tidewater Midstream and Infrastructure, a Calgary-based midstream company, and TransAlta Corp have agreed to sell the Pioneer Pipeline to an affiliate of TC Energy for C$255 million.

Crest Rock provides funding to VC-backed Unbounce

Unbounce, a Vancouver, British Columbia-based provider of landing page and conversion optimization software, has raised C$52 million from Crest Rock Partners.

CDPQ backs LCI Education's family succession

Caisse de dépôt et placement du Québec has provided an undisclosed loan to LCI Education, a Montreal-based network of higher education institutions.

BDC unveils mid-market financing program

BDC has launched the mid-market financing program, which is part of the Canadian government's business credit availability program.