Private Equity

North America

Spartan Delta to buy PE-backed Velvet Energy for C$743m

Spartan Delta Corp has agreed to acquire Velvet Energy, a Calgary-based light-oil Montney exploration and production business.

8 min read · 29 July 2021

Backcast funds Arcticom purchase of Canadian HVACR business

Backcast Partners has invested in the acquisition of a Canadian heating, ventilation, air conditioning and refrigeration services business by The Arcticom Group.

2 min read · 29 July 2021

Wynnchurch Capital acquires Trimlite from TriWest Capital

Wynnchurch Capital has acquired Renton, Washington-based Trimlite, a maker of residential doors and related door products.

3 min read · 29 July 2021

Cold Bore Technology raises C$14m in BP Ventures-led deal

Cold Bore Technology Inc, a provider of frac completions automation and platform technology, has secured $14 million in growth financing.

3 min read · 29 July 2021

CPPIB names Suyi Kim as global head of private equity

Kim, who joined CPPIB in 2007, is currently senior managing director and head of Asia Pacific.

3 min read · 29 July 2021

Silofit collects C$12.75m in Series A funding led by Whitecap

Montreal-based Silofit, a network of on-demand fitness spaces, has collected C$12.75 million in a Series A financing and C$2.5 million in debt financing.

4 min read · 29 July 2021

OMERS Infrastructure in lead to acquire Amedes: Reuters

German laboratory group Amedes is nearing a sale and Canada’s OMERS Infrastructure is seen in the lead to buy the company, whose business boomed in the covid-19 pandemic, sources told Reuters.

1 min read · 28 July 2021

Alumina Partners provides C$5m facility to Canada Carbon

Toronto-based Canada Carbon, an acquirer and developer of mineral properties, has secured a drawdown equity financing facility of up to C$5 million.

2 min read · 28 July 2021

Aimia invests in B2B automotive trading platform Trade X

Trade X Group of Companies, a Toronto-based business-to-business automotive trading platform, has raised $35 million (C$44 million) in equity financing.

5 min read · 28 July 2021

Cinven agrees to acquire Restaurant Brands Iberia

Cinven has agreed to acquire a majority stake in RB Iberia, a quick service restaurant platform in Iberia.

4 min read · 28 July 2021

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