Pocketed (deepND) in its Acquisition by Deloitte Canada

On March 10, 2025, Deloitte Canada announced the acquisition of Pocketed (deepND Inc.). Pocketed’s matching program and AI-powered capabilities will enhance Deloitte’s ability to deliver value to clients by expanding the firm’s grant and SR&ED suite of services, whilst enabling Pocketed...

Lead Office: Vancouver Date Announced: 10 March 2025 Value: --

Alexander & Blake Limited in its acquisition by Lauritzen Bulkers A/S

On March 6, 2024, it was announced that Alexander & Blake Limited was acquired by Lauritzen Bulkers A/S, a global Danish shipping company founded in 1884. This transaction was Lauritzen’s first acquisition in Canada.  Alexander & Blake Limited is a Canadian-owned and...

Lead Office: Toronto Date Announced: March 6, 2025 Value: --

Werd Studios Inc. in connection with Boba Mint’s strategic investment

On March 5, 2025, Boba Mint Holdings announced that it made a strategic investment in Werd Studio Inc. Boba Mint Holdings will acquire a 50% stake in Werd Studios, which has an interest in Café Disco Party and Moon Gaming, and Werd has committed to acquire an interest in Amino Rewards. Werd...

Lead Office: Toronto Date Announced: March 5, 2025 Value: --

PurposeMed in its growth financing round led by True North Fund

On March 4, 2025, PurposeMed announced the successful completion of its growth financing round led by True North Fund, with major participation by BDC and Panache Ventures. PurposeMed is a Calgary-based, high-growth digital health company that provides accessible and specialized healthcare...

Lead Office: Vancouver Date Announced: March 4, 2025 Value: --

Aritzia in connection with a $73-million secondary offering of shares

On February 28, 2025, Aritzia Inc. (Aritzia) closed its secondary offering of 1,045,000 subordinate voting shares held by Brian Hill, Founder and Executive Chair of Aritzia, together with certain entities owned and/or controlled directly or indirectly by him, or him and his immediate family. The...

Lead Office: Toronto Date Closed: February 28, 2025 Value: $73 million

The management group of rollover shareholders of Innergex in connection with its $10-billion acquisition by CDPQ

On February 25, 2025, Innergex announced it entered into a definitive agreement to be acquired by CDPQ for a total deal value of $10 billion. Innergex is a renewable energy power producer that develops, owns and operates hydroelectric facilities, wind farms, solar farms and energy storage...

Lead Office: Montreal Date Announced: February 25, 2025 Value: $10 billion

Variational AI in its US$5.5-million Seed extension financing

On February 20, 2025, Variational AI announced the successful completion of its US$5.5-million seed extension financing round led by Nimbus Synergies, with participation from Merck Global Health Innovation Fund, Quimby Investments, Threshold Impact and Defined Capital. Existing investors Flying...

Lead Office: Vancouver Date Announced: February 20, 2025 Value: US$5.5 million

Agnostiq Inc. in its acquisition by DataRobot

On February 10, 2025, DataRobot announced that it acquired Agnostiq. Through this acquisition, the company plans to advance its agentic AI application with compute orchestration and optimization. Agnostiq develops software to make quantum and high-performance computing resources easily...

Lead Office: Toronto Date Announced: February 10, 2025 Value: --

SmartCentres REIT in connection with its $300-million debentures offering

On February 5, 2025, SmartCentres Real Estate Investment Trust (SmartCentres REIT) closed its previously announced issuance of $300 million of 4.737% Series AB senior unsecured debentures. The offering was completed on an agency basis through a syndicate of agents with Scotiabank, CIBC Capital...

Lead Office: Toronto Date Closed: February 5, 2025 Value: $300 million

Intrepid Growth Partners in connection with its investment in StackAdapt

On February 4, 2025, Teachers’ Venture Growth announced it led an all-equity round in StackAdapt that values the company at approximately US$2.5 billion. This round had participation from Intrepid Growth Partners and other undisclosed investors. Teachers’ Venture Growth is a late-stage...

Lead Office: Toronto Date Announced: February 4, 2025 Value: --