Representative Work Representative Work

Sweet Reason in its acquisition by CANN

On September 27, 2022, Sweet Reason Beverage Corp. announced it had been acquired by cannabis beverage producer CANN. With this acquisition, CANN plans to expand the Sweet Reason brand to tap into new market areas, such as low-THC and CBD-free versions of the product.Sweet Reason is a...

Lead Office: Toronto Date Closed: September 27, 2022 Value: -

Integral in its $8.5 million Seed Financing

On September 20, 2022, Integral Treasury Inc. announced it had completed its $8.5 million seed financing led by Electric Capital. With this funding, Integral hopes to pursue two goals: to build financial tools allowing for real-time finance and operator decision making, and accelerate its...

Lead Office: Toronto Date Closed: September 20, 2022 Value: $8.5 million

Andgo Systems in its $5.6 million Series A financing round

On September 19, 2022, Andgo Systems announced that it had raised $5.6 million in its Series A financing round. This round will go towards expanding the company’s workforce. The financing was led by Boston venture capital firm Waterline Ventures and Toronto’s First Ascent.Andgo...

Lead Office: Vancouver Date Closed: September 19, 2022 Value: $5.6 million

The Syndicate of agents in TELUS Corporation’s $2 billion three-tranche note offering

On September 13, 2022, TELUS Corporation closed its $2 billion offering of senior unsecured notes in three series, the first with a 10-year maturity, the second with a 30-year maturity and the third with a 7-year maturity. The notes were offered through a syndicate of agents led by CIBC Capital...

Lead Office: Toronto Date Closed: September 13, 2022 Value: $2 billion

Bank of Montreal in its $1 billion offering of Limited Recourse Capital Notes, Series 3

On September 13, 2022, Bank of Montreal closed its offering of $1 billion aggregate principal amount of 7.325% Limited Recourse Capital Notes, Series 3 (Non-Viability Contingent Capital (NVCC)) (subordinated indebtedness). The notes bear interest at a rate of 7.325 per cent annually, payable...

Lead Office: Toronto Date Closed: September 13, 2022 Value: $1 billion

HyperComply in its US$6.4 million Seed Financing

On September 8, 2022, HyperComply announced that in January of this year, it had raised US$6.4 million in an equity seed financing led by Golden Ventures and FirstMark Capital with participation from Garage Capital and Panache Ventures. With this funding, HyperComply fuels the launch of its...

Lead Office: Toronto Date Closed: September 8, 2022 Value: US$6.4 million

AFARA in its acquisition by EY Canada

On September 6, 2022, AFARA announced it had been acquired by EY Canada, a subsidiary of Ernst & Young, a global leader in assurance, tax, transaction and advisory services. With this acquisition, AFARA and its team of multidisciplinary consultants will join EY Canada’s team to deepen...

Lead Office: Vancouver Date Closed: September 6, 2022 Value: -

LifeWorks in its $2.9 billion acquisition by TELUS

On September 1, 2022, LifeWorks completed its binding agreement with TELUS Corporation under which TELUS has acquired all of the issued and outstanding common shares of LifeWorks. The transaction represents a premium of 80% and 89% to the closing price and 20-day VWAP, respectively, of...

Lead Office: Toronto Date Closed: September 1, 2022 Value: $2.9 billion

LumiQ in its $5 million funding round

On August 30, 2022, LumiQ announced it had completed its $5 million funding round led by Firmex founder and former CEO Joel Lessem. With this all-equity round, LumiQ plans to build its chartered professional accountant (CPA)-focused podcast platform in the United States.LumiQ is a...

Lead Office: Toronto Date Closed: August 30, 2022 Value: $5 million

SureBright in its $3.2 million pre-seed round

On August 29, 2022, SureBright announced it had completed its $3.2 million pre-seed round led by Motivate Ventures with participation from Panache Ventures, Plug and Play, Simplex Ventures, and InsurTech Fund NYC. SureBright plans to re-invent retail insurance by enabling any e-commerce...

Lead Office: Toronto Date Closed: August 29, 2022 Value: $3.2 million