Commercial Technology Transactions

Canadian Tire Corporation, Limited in connection with a seven-year strategic partnership with Microsoft Corporation and Microsoft Canada Inc.

On June 22, 2023, Canadian Tire Corporation, Limited (Canadian Tire) announced a seven-year strategic partnership with Microsoft Corporation and Microsoft Canada Inc. With this partnership, Microsoft will become the strategic cloud provider for Canadian Tire and its affiliates (including...

Lead Office: Toronto Date Closed: June 22, 2023 Value: -

integrate.ai in the launch of its new platform

On August 16, 2022, integrate.ai announced it had launched its publicly accessible privacy-preserving machine learning and analytics platform. The platform leverages federated learning and differential privacy technologies to unlock a range of machine learning and analytics capabilities on...

Lead Office: Toronto Date Closed: August 16, 2022 Value: -

Reamined in its $45.9 million acquisition by Information Services Corporation

On June 1, 2022, Reamined Systems Inc, a property tax management service was acquired by Information Services Corporation for $45.9 million. Reamined will become part of ISC’s Registry Operations segment, and will exclusively provide the platform, data and guidance by which over 440...

Lead Office: Toronto Date Closed: June 1, 2022 Value: $45.9 million

Signal 1 in its collaboration with Unity Health Toronto and TD Bank Group along with its US$10 million Seed financing

On April 25, 2022, Signal 1 announced strategic collaborations with Unity Health Toronto, a leading health network in Ontario, and TD Bank Group (TD) and its world-leading applied AI division, Layer 6. Signal 1 launched with US$10 million in Seed financing led by iNovia Capital. Other...

Lead Office: Toronto Date Closed: April 25, 2022 Value: US$10 million

Verisk Analytics in its acquisition of Opta

On March 1, 2022, Verisk Analytics announced it had acquired Opta, Canada’s leading provider of property intelligence and innovative technology solutions. With this acquisition, Verisk further expands its footprint in the Canadian market and supports Opta in reshaping risk management with...

Lead Office: Toronto Date Closed: March 1, 2022 Value: -

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: -

TD Bank in its data access agreement with Yodlee

On September 21, 2021, TD Bank Group (TD) announced its data access agreement with Envestnet | Yodlee (Yodlee), signifying a move towards customer-directed finance and open access to customers’ financial data. This agreement enables TD, as directed by customers, to securely share...

Lead Office: Toronto Date Closed: September 21, 2021 Value: -

Interac Corp. in Canada's new real-time payments system

On March 2, 2021, Interac Corp. announced its role as the exchange solution provider for Canada's new real-time payments system, the Real-Time Rail (RTR). Interac has been selected by Payments Canada to design, build, and operate the technology platform and infrastructure underlying the RTR,...

Lead Office: Toronto Date Closed: March 2, 2021 Value: -

Goldman Sachs Merchant Banking in its $1.13 billion acquisition of People Corporation

On December 14, 2020, Goldman Sachs Merchant Banking Division (MBD) entered in an agreement to acquire People Corporation for a value of $1.13 billion. The acquisition will position People Corporation’s to grow and expand its opportunity to further enhance the delivery of...

Lead Office: Toronto Date Closed: February 18, 2021 Value: $1.13 billion

Suncor in its US$15 million investment in LanzaTech

On June 20, 2020, Suncor completed a US$15 million investment in LanzaTech, the global leader in gas fermentation technology. The funds will be used to build a demonstration plant that will produce 10 million gallons per year of sustainable aviation fuel and renewable diesel. Suncor Energy...

Lead Office: Calgary Date Closed: June 20, 2020 Value: US$15 million