Private Equity

US

Tailscale pulls in $12m in Series A funding led by Accel

Toronto-based Tailscale, a corporate virtual privacy network provider, has secured US$12 million in a Series A financing.

3 min read · 11 November 2020

Optiva secures C$30m in financing from OceanLink

Optiva, a Toronto-based software solutions provider to communications services companies, has raised C$30 million in financing.

4 min read · 11 November 2020

GA, Hg bet on outsourced fund admin for alternative assets via Gen II

Gen II appealed to the investors for many reasons, including the overall growth in alternative asset classes and a stable revenue stream that was proven out through covid.

4 min read · 11 November 2020

Churchill supports SmartWave's acquisition of Multi-Tech Systems

Churchill Asset Management has provided a credit facility to back Toronto-based SmartWave Technologies' acquisition of Michigan-based Multi-Tech Systems Inc, a provider of industrial internet of things communication devices and services.

3 min read · 10 November 2020

U.S. judge approves rescue deal for retailer J.C. Penney: Reuters

A U.S. judge has approved a deal to rescue retailer J.C. Penney from bankruptcy proceedings precipitated by the health crisis, averting a liquidation, reported Reuters.

1 min read · 10 November 2020

Falkbuilt pulls in C$20m in RET Ventures-led Series A round

Calgary-based Falkbuilt, a maker of digital construction components, has raised up to C$20 million (US$15.3 million) in Series A funding.

4 min read · 09 November 2020

TPG and CPPIB to invest additional $500m in Viking Cruises

TPG Capital and Canada Pension Plan Investment Board have agreed to make an additional investment in Viking Cruises, a Los Angeles-based provider of destination-focused river and ocean cruises.

4 min read · 09 November 2020

GroundBreak Ventures leads C$8m financing of Local Logic

Montreal-based Local Logic, a location intelligence platform, has secured C$8 million (US$S6.1 million) in funding.

4 min read · 09 November 2020

PE-backed Hub International buys Stalco Insurance

Chicago-based insurance broker Hub International has acquired Stalco Insurance, a Wainwright, Alberta-based provider of commercial and personal insurance.

2 min read · 09 November 2020

Accel-KKR finalizing sale of supply-chain software provider TrueCommerce

The company accepted an acquisition offer after receiving final bids last week, but the signed agreement is pending closure, people familiar with the deal said.

2 min read · 06 November 2020

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