Representative Work Representative Work

Tantalus Systems Holding Inc. in its $90 million Qualifying Transaction with RiseTech Capital Corp., concurrent financing and graduation to the Toronto Stock Exchange

On May 10, 2021, Tantalus Systems Holding Inc., a Burnaby based smart-grid technology company, completed its listing on the Toronto Stock Exchange under the symbol “GRID”. Tantalus’ listing on the Toronto Stock Exchange follows the completion of the company’s $90...

Lead Office: Toronto Date Closed: May 10, 2021 Value: $90 million

CTI Capital in its new venture capital fund

On May 10, 2021, CTI Capital announced its new venture capital fund. The new fund includes cash from the Fonds de solidarité FTQ, Caisse de dépôt et placement du Québec (CDPQ), Investissement Québec (IQ) and Teralys Capital. CTI Capital will use this fund to invest in biotherapeutics,...

Lead Office: Montreal Date Closed: May 10, 2021 Value: -

Laurentian Bank in its inaugural LRCN offering

On May 7, 2021, Laurentian Bank of Canada completed its inaugural offering of $125 million aggregate principal amount of 5.30% Limited Recourse Capital Notes (LRCNs). The offering was made through a syndicate of agents co-led by Laurentian Bank Securities and CIBC Capital Markets acting as...

Lead Office: Toronto Date Closed: May 7, 2021 Value: $125 million

Information Venture Partners in the $124 million closing of its third venture capital fund

On May 5, 2021, Information Venture Partners announced it had closed its third venture capital fund, raising approx. $124 million. The fund was backed by a group of anonymous partners that invested in the firm in the hopes of modernizing financial services. Information Venture Partners sees...

Lead Office: Montreal Date Closed: May 5, 2021 Value: $124 million

Higher Logic in its acquisition of Vanilla

On May 4, 2021, Higher Logic completed its acquisition of Vanilla, a Canadian cloud-based software company. The acquisition combines two market leading platforms and will allow Higher Logic to expand its offering across new markets and geographies.   Higher Logic is a human-focused...

Lead Office: Toronto Date Closed: May 4, 2021 Value: -

Precision AI in its $20 million financing round

On May 4, 2021, Precision AI completed its $20 million financing round consisting of seed equity capital and grant funding. The startup’s first external capital raise was co-led by At One Ventures and the Industrial Innovation Venture fund of BDC Capital and included participation...

Lead Office: Toronto Date Closed: May 4, 2021 Value: $20 million

Wealthsimple in its $750 million financing

On May 3, 2021, Wealthsimple announced its $750 million financing round at a post-money valuation of $5 billion. The financing round is led by Meritech and Greylock. The capital raised in the financing round will be used to further expand its market position, build out its product...

Lead Office: Toronto Date Closed: May 3, 2021 Value: $750 million

EllisDon Capital in its bid on the Burnaby Hospital Redevelopment Project

In May 2021, EllisDon Capital Inc. was named the successful proponent for the $612 million Phase 1 Burnaby Hospital Redevelopment Project. Phase 1 of the project includes the construction of a new six storey, 83 bed pavilion with underground parking and the expansion of the emergency department,...

Lead Office: Toronto Date Closed: May 1, 2021 Value: $612 million

The Underwriters in goeasy’s $172.5 million subscription receipt offering in connection with its $320 million proposed acquisition of LendCare

On April 12, 2021, goeasy Ltd., a leading full-service provider of goods and alternative financial services, announced it had entered into a definitive agreement to acquire LendCare Holdings Inc. for $320 million. In connection with the acquisition, goeasy also announced a concurrent $130...

Lead Office: Toronto Date Closed: April 30, 2021 Value: $172.5 million

Fengate Capital in its preferred share investment in eStruxture

On April 30, 2021, Fengate Capital Management completed a preferred share investment in eStruxture Data Centers to partially fund its acquisition of the entire Canadian data center business of Aptum Technologies. The investment will be used to considerably expand eStruxture’s Canadian operations...

Lead Office: Toronto Date Closed: April 30, 2021 Value: -