Representative Work Representative Work

Cota Capital in Owl Labs’ $30 million Series B financing round

On November 3, 2021, Owl Labs, an insurance claim monitoring platform, announced it had completed its $30 million financing round led by Cota Capital and including participation from Sorenson Ventures, FUSE, Impression Ventures, Luge Capital, and Plug and Play Ventures. The financing will...

Lead Office: Toronto Date Closed: November 3, 2021 Value: $30 million

Affinio in its acquisition by NowVertical

On November 1, 2021, Affinio announced its acquisition by NowVertical, a global big data software and services company, for US$7.3 million including US$6 million in cash and subordinate voting shares valued at US$1.3 million. The acquisition expands NowVertical’s position and provides...

Lead Office: Toronto Date Closed: November 1, 2021 Value: US$7.3 million

Q4 Inc. in its IPO on the TSX

On October 29, 2021, Q4 Inc. completed its initial public offering of common shares on the Toronto Stock Exchange. Pursuant to the offering, Q4 raised gross proceeds of approximately $100 million. Q4 plans to use the proceeds to repay debts related to its credit facilities and pursue its growth...

Lead Office: Toronto Date Closed: October 29, 2021 Value: $100 million

Microsoft in its acquisition of Two Hat

On October 29, 2021, Microsoft, the world’s largest software company, announced its acquisition of Kelowna-based startup Two Hat. The acquisition will accelerate Microsoft and Two Hat’s shared vision to enable healthy, safe and inclusive online spaces and will combine innovative...

Lead Office: Calgary Date Closed: October 29, 2021 Value: -

BrainBox AI in its US$24 million Series A financing round

On October 28, 2021, BrainBox AI completed its US$24 million Series A financing round led by ABB, Esplanade Ventures and Desjardins Capital. The proceeds from the financing will be used to deploy its AI technology in the built environment and further its next phase of innovation, which uses...

Lead Office: Montreal Date Closed: October 28, 2021 Value: US$24 million

ResQ in its US$39 million Series A financing

On October 12, 2021, ResQ announced it completed its US$39 million in Series A financing co-led by Tiger Global and Canvas Ventures. The round also saw participation from existing investors, as well as leading entrepreneurs and innovators across the culinary, restaurant technology,...

Lead Office: Toronto Date Closed: October 27, 2021 Value: US$39 million

Fellow in its US$24 million Series A financing round

On October 27, 2021, Fellow announced it had completed its US$24 Series A financing round led by Craft Ventures and included participation from Formentera, Inovia Capital, Felicis, Garage Ventures and Silicon Valley Bank. The proceeds from the financing will be used to grow its platform...

Lead Office: Toronto Date Closed: October 27, 2021 Value: US$24 million

TransUnion in its $638 million acquisition of Sontiq

On October 26, 2021, TransUnion announced its acquisition of Sontiq for $638 million. The combined company will merge Sontiq’s identity security complements and TransUnion’s digital identity assets to offer a comprehensive set of omnichannel solutions. TransUnion is a global...

Lead Office: Toronto Date Closed: -- Value: $638 million

Vendasta and CalendarHero in the acquisition of CalendarHero

On October 26, 2021, Vendasta completed its acquisition of CalendarHero. The acquisition brings over 100,000 CalendarHero users into the Vendasta ecosystem and marks a milestone in Vendasta’s strategic growth plan. The transaction will allow for full platform integration, combining...

Lead Office: Toronto Date Closed: October 26, 2021 Value: -

Koch Real Estate Investments in connection with its preferred equity financing of the Canderel-led $5.7 billion acquisition of Cominar REIT

On October 24, 2021, Iris Acquisition II LP, a consortium led by Canderel Real Estate Property Inc., FrontFour Capital Group LLC, Artis REIT and Sandpiper Group Holdings Inc., announced its acquisition of Cominar REIT for $5.7 billion.  As part of the plan of arrangement, Koch Real Estate...

Lead Office: Toronto Date Closed: October 24, 2021 Value: $5.7 billion