Manufacturing

Textron Inc. in its sale of TRU Simulation Inc + Training Inc., to CAE Inc. for US$40 million

On January 25, 2021, Textron Inc. completed its sale of its subsidiary TRU Simulation + Training Inc., to CAE Inc for US$40 million. The transaction includes the sale of certain non-U.S. businesses to CAE Inc., and includes Textron’s Montreal manufacturing operations, as well as ETOPS...

Lead Office: Montreal Date Closed: January 25, 2021 Value: US$40 million

PyroGenesis Canada Inc. in its $12 million bought deal and graduation to the TSX

On November 19, 2020, PyroGenesis Canada Inc. announced its graduation from the TSX Venture exchange to the Toronto Stock Exchange under the symbol “PYR”. The graduation to the TSX will provide PyroGenesis with increased market visibility and access to a broader range of...

Lead Office: Montreal Date Closed: November 19, 2020 Value: $12 million

Koch Equity Development LLC in its preferred equity financing of the proposed Cerberus-led acquisition of Dorel Industries

On November 13, 2020, Dorel Industries Inc. announced that it had entered into a definitive arrangement agreement to go private, valued at $470 million. The cash consideration will be financed through a combination cash funded by Koch Equity Development LLC and the Buyer Group, led by Cerberus...

Lead Office: Toronto Date Closed: November 13, 2020 Value: $470 million

EcoPackers in its $4.3 million seed round

On December 9, 2019, EcoPackers completed its $4.3 million seed round led by Golden Ventures and Horizons Ventures. The funding will be used to hire engineers to create products that meet the requirements of EcoPackers’ partner companies while maintaining its 100% compostable mandate....

Lead Office: Toronto Date Closed: December 9, 2019 Value: $4.3 million

Kensington Venture Fund in Pela’s $5 million Series A financing 

On October 11, 2019, Pela completed a $5 million Series A venture capital financing round led by Kensington Capital and Marcy Venture Partners. Pela will use the funds to expand its range of compostable phone cases. Kensington Capital is a leading independent Canadian investor in...

Lead Office: Toronto Date Closed: October 11, 2019 Value: $5 Million

TeraXion in its restructured share-capital and finalized succession plan with support from BDC Capital and CIBC

On August 27, 2019, TeraXion finalized its succession plan with support from BDC Capital (Canada) and CIBC by restructuring its share capital and organization. The restructuring will provide TeraXion with access to a quality growth partnership as well as providing employees with...

Lead Office: Montreal Date Closed: 27 August 2019 Value: -

Airgraft in its $33 million Series B financing

On August 14, 2019, Airgraft Inc. announced a $33 million Series B financing round led by Gotham Green Partners and HumanCo. Airgraft will use this financing to drive innovation and consumer awareness as well as to support the launch of their new Clean Vaporizer. Airgraft Inc. is a...

Lead Office: Montreal Date Closed: -- Value: $33 million

Mann+Hummel’s Tri-Dim Canada Inc. in its acquisition of Hardy Filtration Inc.

In August 2019, Tri-Dim Canada Inc., an affiliate of multinational Mann-Hummel, based in Germany, completed the acquisition of Hardy Filtration Inc., a Canada-based air filtration company. This will expand the global footprint and manufacturing capabilities of Tri-Dim Filter...

Lead Office: Montreal Date Closed: August 1, 2019 Value: -

Avidbots in its $31.5 Million Series B financing

On March 21, 2019, Avidbots announced the completion of its $31.5 million Series B financing round, to help with the global expansion of its autonomous, floor-cleaning robots. The round was led by returning investor True Ventures with participation of other existing investors including GGV...

Lead Office: Toronto Date Closed: March 21, 2019 Value: $31.5 million

Napier Park’s US$10 million investment in 7shifts

On January 24, 2019, 7shifts, a restaurant employee scheduling solution used by over 250,000 restaurant professionals across the world, announced the closing of a U$10 million Series A funding round.   The financing was led by Napier Park Financial Partners. The company plans to use the...

Lead Office: Toronto Date Closed: January 24, 2019 Value: US$10 million