Private Equity
The exit is expected to produce a good outcome for Bregal Sagemount, which bought Steele in 2016 before it was profitable, sources said.
2 min read · 03 November 2020
CIBC Innovation Banking has named Tej Sahi as a managing director.
2 min read · 02 November 2020
According to Miller, businesses that have benefited in the pandemic tend to be in the healthcare space, e-commerce and software.
2 min read · 30 October 2020
Toronto-based Synex Medical, a health monitoring technology company, has secured US$5.25 million in a seed-stage financing, according to a Medium blog post.
1 min read · 30 October 2020
St. Louis, Missouri-based Benson Hill, a food innovation engine, has secured US$150 million in Series D funding.
1 min read · 30 October 2020
Onex Credit Partners has priced its 20th U.S. collateralized loan obligation for about $400 million.
2 min read · 29 October 2020
U.S. retailer J.C. Penney has entered into an asset purchase agreement with Brookfield Asset Management, Simon Property Group and a majority of the company’s first lien lenders, Reuters reported.
1 min read · 29 October 2020
GM Financial’s Mackenzie Investments and Great-West Lifeco have completed their acquisition of a non-controlling interest in Northleaf Capital Partners, a Canadian private equity, private credit and infrastructure fund manager.
3 min read · 29 October 2020
The process hasn’t officially kicked off but is expected to launch soon.
2 min read · 28 October 2020
Toronto-based children's entertainment company Spin Master Corp has agreed to acquire London-based Rubik's Brand, owner of the Rubik's Cube.
3 min read · 28 October 2020