On June 9, 2020, Canadian Business Growth Fund (CBGF) announced its minority equity investment in Proposify. The funding will be used to help the company prepare for future growth and ensure its success continues post pandemic. The investment will also enable Proposify to benefit from CBGF’s guidance and expertise. This marks CBGF’s first investment in Atlantic Canada.
CBGF is an investment firm specializing in providing Canadian businesses with capital, talent and expertise to fund the growth and expansion of mid-market businesses.
Proposify is a Halifax based SaaS company focused on streamlining the proposal process of creating, sending, tracking and e-signing proposals, contracts, agreements and other sales documents.
Osler, Hoskin & Harcourt LLP advised CBGF with a team consisting of Chad Bayne, Gary Marshall, Alana McElhinney and Theresa Donkor (Emerging and High Growth Companies).