M&A Deals

JP Morgan to acquire VC data analytics company Aumni

The deal is expected to close in the first half of 2023.

Venture-backed Paper buys reading skills platform Readlee

Based in Montreal, Paper is an educational support system.

Vendasta buys VC-backed customer engagement platform Broadly

Based in Saskatoon, Vendasta provides technology to almost six million small and medium-sized businesses through its relationships with channel partners.

Infineon Technologies to acquire VC-backed GaN Systems

Based in Ottawa, GaN makes GaN power semiconductors with a broad portfolio of transistors to meet demand in a range of industries.

Daimler Truck's Torc Robotics to acquire venture-backed Algolux

Based in Montreal, Algolux is a provider of computer vision and image optimization solutions.

Miovision buys road safety video analytics platform MicroTraffic

Winnipeg's MicroTraffic uses computer vision, video analytics, machine learning, and predictive modeling to analyze video traffic data.

VC-backed Paper acquires career and college tool MajorClarity

Last year, Paper secured $270 million in Series D financing led by Sapphire Ventures and SoftBank.

Cogeco acquires assets of VC-backed internet services provider Oxio

Oxio's investors include Investissement Québec, Desjardins Capital, Desjardins Entreprise, WNDRCO and Dispatch Ventures.

Venture-backed GoCo buys remote workers platform WFHomie

Based in Toronto, WFHomie, is an employee experience and people analytics platform built for remote-first companies.

Contemporary art marketplace Peggy raises $8m in seed funding

The round was backed by a range of investors, including Real Ventures, Garage Capital, Portage and Nomad Capital.