Private Equity

North America

Swedish battery maker Northvolt inks $2.75bn financing

Swedish lithium-ion battery maker Northvolt has secured $2.75 billion in a private placement financing.

3 min read · 09 June 2021

Genstar Capital buys 2020 Technologies from Golden Gate

Genstar Capital has acquired Laval, Quebec-based 2020 Technologies, a provider of computer-aided design, configure, price, quote and enterprise solutions for interior design, space planning and furniture manufacturing.

3 min read · 09 June 2021

HIG Capital backs Cleo as robust growth continues in B2B integration software

Riding the momentum of the application infrastructure and middleware market, Cleo grows 20% annually or more, according to a source.

3 min read · 09 June 2021

CDPQ to increase Énergir stake with Enbridge's C$1.14bn sale

Caisse de dépôt et placement du Québec has agreed to increase its majority stake in Énergir, a Montreal-based diversified energy business.

2 min read · 08 June 2021

Self-driving platform Waabi launches with $83.5m Series A deal

Toronto-based Waabi, an artificial intelligence startup focused on self-driving technology, has launched with a $83.5 million Series A financing.

6 min read · 08 June 2021

PenderFund Capital taps Geoff Scott for SVP, investments

Canadian investment firm PenderFund Capital Management has hired Geoff Scott for the newly created role of senior vice president, investments.

2 min read · 08 June 2021

Ontario Teachers', IFM close C$2.8bn acquisition of Enwave

5 min read · 08 June 2021

Copley Equity Partners merges Magna IV, Power Solutions

Copley Equity Partners has merged Edmonton-based Magna IV Engineering and Tipp City, Ohio-based Power Solutions Group. The combination creates a new NETA-accredited provider of electrical testing, maintenance and repair services as well as electrical engineering services.

3 min read · 08 June 2021

Fengate rolls out PE partnership Newgate Industrial Services

Fengate Asset Management has launched a new partnership, Newgate Industrial Services LP, which is focused on investing in North American industrial services companies.

4 min read · 08 June 2021

Onex to acquire majority interest in Newport Healthcare

Onex Corp has agreed to acquire a majority stake in Newport Healthcare, a Nashville-based mental health program operator for teens and young adults.

3 min read · 07 June 2021

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