Private Equity

US

Material Bank scores $175m in Brookfield-led Series D round

Material Bank, a Boca Raton, Florida-based marketplace for architectural, design and construction materials, has secured $175 million in Series D financing.

4 min read · 09 May 2022

Blackstone recruits Janice Lin to lead new Toronto office

The office will be led by Janice Lin, appointed by the firm as head of its real estate business in Canada.

3 min read · 09 May 2022

Brookfield Growth to help fund Musk's Twitter deal: Bloomberg

Brookfield Asset Management's growth equity arm has cut its largest check to date to help finance Elon Musk’s takeover of Twitter, Bloomberg reported.

1 min read · 06 May 2022

PE-backed Advance Pharma to acquire Intercept's Europe, Canada and non-U.S. businesses

Advanz Pharma, which is backed by Nordic Capital, has agreed to acquire Intercept Pharmaceutical Inc.'s business in Europe, Canada and all other markets outside of the U.S.

3 min read · 06 May 2022

Onex closes structured credit opps fund above $500m target

Canadian private equity firm Onex Corp has closed an inaugural fund for opportunistic investing in collateralized loan obligations.

2 min read · 05 May 2022

Glencore to invest $200m in battery recycler Li-Cycle

Li-Cycle Holdings Corp, which went public last year, has secured $200 million in convertible financing from Glencore alongside a long-term battery supply agreement.

6 min read · 05 May 2022

CDPQ contributes $150m to Everstream's debt financing

Caisse de dépôt et placement du Québec has committed $150 million to a senior financing facility for Everstream Solutions, a Cleveland-based business-only fiber telecommunications business.

3 min read · 05 May 2022

IFM-backed Buckeye Partners to acquire Bear Head Energy

Buckeye Partners, backed by IFM Investors, has agreed to acquire Bear Head Energy, owner of a clean energy development project in an industrial complex in Point Tupper, Nova Scotia.

3 min read · 05 May 2022

Birch Hill and IQ acquire natural stone quarrier Polycor

Birch Hill Equity Partners and Investissement Québec have acquired Quebec City-based Polycor, the world's largest natural stone quarrier.

4 min read · 05 May 2022

Neo Financial rakes in C$185m in Valar-led Series C round

Winnipeg and Calgary-based financial technology company Neo Financial has raised C$185 million in Series C financing, valuing it at C$1 billion-plus.

4 min read · 05 May 2022

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