Representative Work Representative Work

Nichi-Iko Pharmaceutical Co. in its US$100-million sale to Ellimist Singapore Pte. Ltd.

On February 28, 2023, Nichi-Iko Pharmaceutical Co., Ltd. sold all issued and outstanding shares of its wholly owned subsidiaries, Sagent Pharmaceuticals, based in Wyoming, and Omega Laboratories Ltd., based in Montréal, to Ellimist Singapore Pte. Ltd. for an aggregate purchase price of US$100...

Lead Office: Montreal Date Closed: February 28, 2023 Value: US$100 million

Atlas Global Brands in its acquisition of GreenSeal Cannabis Ltd. and GreenSeal Nursery Ltd.

On February 27, 2023, Atlas Global Brands announced that they entered into a definitive agreement to acquire GreenSeal Cannabis Company Ltd. And GreenSeal Nursery. This acquisition will enable Atlas Global Brands to excel their production capability by approximately 3,500 kg and add a nursery...

Lead Office: Vancouver Date Closed: February 27, 2023 Value: -

Behaviour Interactive Inc. in its acquisition of SockMonkey Studios Ltd.

On February 23, 2023, Behaviour Interactive Inc. announced its acquisition of SockMonkey Studios Ltd. SockMonkey is Behaviour’s first European investment and will be renamed Behaviour UK – North upon acquisition. The studio will operate as a valuable partner for Behaviour’s Services division,...

Lead Office: Montreal Date Closed: February 23, 2023 Value: -

Future Fields in its $15 million Seed Extension Round

On February 22, 2023, Future Fields announced that it raised $15.1 million in a seed extension round which included a $5 million grant. This round had participation from Bee Partners, Toyota Ventures, Builders VC, Ag Funder, Amplify Capital, Milad Alucozai of BoxOne Ventures, Green Circle...

Lead Office: Toronto Date Closed: February 22, 2023 Value: $15.1 million

System-3 in its raising of $3.6 million in seed funding

On February 22, 2023, System-3 raised $3.6 million in a seed financing round. This round was led by Round13 Capital and had participation from several undisclosed angel investors. The company plans to utilize this funding towards their stimulation software and expanding their market...

Lead Office: Toronto Date Closed: February 22, 2023 Value: $3.6 million

Dream Industrial REIT in its $5.9 billion acquisition, in partnership with a leading global sovereign wealth fund, of Summit Industrial Income REIT

On February 17, 2023, Dream Industrial REIT, in partnership with a leading global sovereign wealth fund, closed an agreement with Summit Industrial Income REIT under which a joint venture between Dream Industrial REIT and the sovereign wealth fund will acquire Summit. The all-cash transaction is...

Lead Office: Toronto Date Closed: February 17, 2023 Value: $5.9 billion

TransAlta Corporation in its acquisition of 50% interest in an early-stage pumped hydro energy storage development project

On February 16, 2023, TransAlta Corporation announced that it entered into a definitive agreement to acquire a 50 percent interest in the Tent Mountain Renewable Energy Complex, an early-stage pumped hydro storage development project located in southwest Alberta, from Montem Resources Limited....

Lead Office: Calgary Date Closed: -- Value: -

Goose Insurance Inc. in its $4 million Series A funding led by Axis Insurance

On February 16, 2023, Goose Insurance Inc. announced the closing of its $4 million Series A funding round led by Axis Insurance Managers. This round had participation from Impression Ventures, Real Ventures and Manchester Story. Goose plans to utilize the funding to advance the adoption of its...

Lead Office: Toronto Date Closed: February 16, 2023 Value: $4 million

Clinify Inc. in its $2 million of seed funding

On February 15, 2023, Clinify Inc. received $2 million in seed funding from Thin Air Labs, HaloHealth, and Calgary doctors. Clinify plans to use this funding to support their mission of making healthcare more accessible in Africa.Clinfiy Inc.  is a software company that offers a medical...

Lead Office: Toronto Date Closed: February 15, 2023 Value: $2 million

Thin Air Labs in connection with Clinify Inc.’s $2 million of seed funding

On February 15, 2023, Clinify Inc. received $2 million in seed funding from Thin Air Labs, HaloHealth, and Calgary doctors. Clinify plans to use this funding to support their mission of making healthcare more accessible in Africa.Clinfiy Inc.  is a software company that offers a medical...

Lead Office: Toronto Date Closed: February 15, 2023 Value: $2 million