Private Equity
Mobify, a Canadian mobile commerce and engagement platform, has acquired Dónde, a Chicago-based provider of location-aware mobile technology. No financial terms were released. Mobify, which has its headquarters in Vancouver, said the combination of Dónde's technology with its own will impact mobile commerce offerings and create a more integrated in-store and online shopping experience. Founded in 2013, Dónde secured funding from a number of U.S. angel investors and early-stage venture capital firms, including Chicago Ventures, Mercury Fund and Vince Street Ventures.
5 min read · 01 December 2015
TIMIA Capital Corp, previously known as GreenAngel Energy Corp, has sold its equity position in dPoint Technologies Inc, a Canadian developer of membranes and heat and humidity exchangers for energy recovery in buildings. TIMIA will realize proceeds of about $1.03 million with the recent acquisition of dPoint by Switzerland's Zehnder Group AG. Based in Vancouver, TIMIA is a provider of financing to Canadian technology companies in exchange for a royalty on revenue.
3 min read · 01 December 2015
CPA Global has acquired Innography, an IP search and analytics software provider. No financial terms were disclosed. Portico Capital Securities LLC advised Innography on the transaction. Innography's backers included Austin Ventures.
3 min read · 01 December 2015
VASCO Data Security International Inc (NASDAQ: VDSI) has closed its buy of Silanis Technology Inc, a Canadian electronic signature solutions provider. The purchase price was about $113 million. As reported by PE Hub Canada in October, Silanis was one of the earliest investments of Canadian growth equity firm Georgian Partners. The Montréal-based company currently processes more than 600 million e-signed transactions annually. Silanis CEO Tommy Petrogiannis told PE Hub Canada the combination of his business with VASCO "will create the world’s largest digital transaction e-signature supplier.”
4 min read · 27 November 2015
Vancouver's Playerize Network Inc, the owner of SuperRewards, has been bought by Perk.com Inc (TSX: PER), a mobile rewards business based in Austin, Texas. The deal involved a cash payment of US$350,000 and a shares issue by Perk.com, which began trading on the Toronto Stock Exchange earlier this year. SuperRewards, founded in 2007, is an alternative payments and virtual rewards provider. It was acquired by Playerize in 2012. The latter company has received funding from a number of angel investors and venture capital firms, including Real Ventures and Rho Canada Ventures.
5 min read · 26 November 2015
Velocity, a Spark Capital portfolio company, said Tuesday that it has acquired Uncover. Financial terms weren’t announced. London-based Uncover is a mobile reservations platform.
3 min read · 25 November 2015
Greenhouse Software has acquired San Francisco-based Parklet, an employee onboarding and experience software company. Parklet's backers included Storm Ventures, FundersClub and Greylock Ventures.
2 min read · 24 November 2015
Mad Mobile Inc. said Monday it acquired KidoZen Inc. Financial terms weren’t announced. Tampa, Florida-based KidoZen, which raised $6 million in VC funding, provides an enterprise mobile app platform for end-to-end mobile application management.
2 min read · 23 November 2015
Agent Ace has acquired real estate company Fypio. The combined companies will now be known as OpenHouse. Also, OpenHouse has raised $13.5 million in Series A funding. Triangle Peak Partners and March Capital Partners led the round.
4 min read · 19 November 2015
U.S. private equity firm Clearlake Capital Group has completed its acquisition of Syncsort Inc, a big data enterprise software provider based in Woodcliff Lake, New Jersey. No financial terms were released. Clearlake said it will support Syncsort's continued organic and acquisition-led growth and will use the business as a platform to advance consolidation in the software industry. Founded in 1968, Syncsort was bought in 2008 by a group of investors that included Canadian growth equity firm Georgian Partners. Georgian Managing Partner Justin LaFayette discussed the investment with PE Hub Canada in October.
3 min read · 18 November 2015
