MONTREAL, December 9, 2013 – Today, BDC Venture Capital announced it has made an investment of $3 million (CAD) in BrandProject LP, a new venture that invests in early-stage consumer products and technology companies. BrandProject targets companies across North America and has offices in Toronto, Ontario and New York, NY. BrandProject makes equity investments in [&hellip
Monexa Services Inc., a provider of SaaS Enterprise Billing and Commerce solutions, has raised undisclosed amount in funding from Yaletown Venture Partners. In conjunction with the financing, Yaletown partner, Brad Johns, has joined Monexa board of directors. Monexa was acquired by Ansera Capital Partners and Pender Growth Fund in 2012 and has secured financing from [&hellip
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Resource Capital Fund V L.P. (RCF) has completed a subsequent $5 million in First Bauxite Corporation (TSX-V: FBX; Frankfurt/Berlin: FBI), acquiring 40,000,000 common shares pursuant to a private placement at a price of $0.125 per share. The shares represent an approximate 34.02% interest in First Bauxite’s common shares. After giving effect to the subscription, RCF [&hellip
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Discovery Air Inc. (TSX: DA.A), a portfolio company of Clairvest Group Inc (TSX: CVG), through Discovery Air Defence Services Inc., has agreed to acquire Advanced Training Systems International, Inc (ATSI) Financial terms were not disclosed. Mesa, Arizona based Discovery Air Defence Services is a U.S. airborne training services company. It currently owns a fleet of [&hellip
TriWest Capital Partners it has invested in Source Energy Services (SES) in partnership with the company’s existing shareholders and senior management team. This investment represents TriWest’s fourth portfolio company investment in Fund IV. Source Energy Services has over a decade of proppant supply and oilfield logistics experience. The company serves the entire proppant supply and [&hellip
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Juno Therapeutics Inc., a new biotech firm focused on novel immunotherapies for cancer, is launched with an initial Series A funding of $120 million from ARCH Venture Partners and the Alaska Permanent Fund, through a partnership managed by Crestline Investors. Kirchner Group acted as an advisor on structure and due diligence to the Alaska Permanent [&hellip
Tricon Capital Group Inc. (TSX: TCN) has held an additional and close of US $32 million, from two new institutional investors, for its most recent U.S. residential real estate fund Tricon XI, L.P., increasing the fund size to approximately $334 million which is the largest in Tricon’s 25 year history. The additional close increases Tricon’s [&hellip
Impact8, Ontario’s first accelerator for social purpose businesses, will mark the completion of its first cohort with a Demo Day event at the Toronto Stock Exchange (TSX) at 3pm in the TMX Gallery today. Impact8, an intensive eight-week program, targets high-impact entrepreneurs with blended value propositions: social enterprises, social purpose businesses and co-operatives with the [&hellip
La Coop fédérée has secured a $55 million round of financing co-led by Fondaction CSN, Fonds de solidarité FTQ and with participation of Capital régional et coopératif Desjardins (CRCD). Fondaction CSN and Fonds de solidarité FTQ will each invest $25 million in preferred shares, while Capital régional et coopératif Desjardins (CRCD) will acquire $5 million [&hellip
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Chemtrade Logistics Income Fund (TSX: CHE.UN) has entered into a definitive agreement to acquire Parsippany, New Jersey-based General Chemical Holding Company for US$860 million in cash. Chemtrade will acquire all of the outstanding shares of ASP GT Holding Corp., General Chemical’s parent company, from certain funds controlled by American Securities LLC, a private equity firm. [&hellip
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Matrix Asset Management Inc. (TSX: MTA) said it intends to apply for alternative listing arrangements and voluntarily delist from the Toronto Stock Exchange (TSX). As previously reported, TSX is reviewing the eligibility of the common shares of Matrix with respect to continued listing on the TSX. Matrix believes it does not meet the TSX requirements [&hellip
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Mill Road Capital Management LLC has held a final close for its second fund, Mill Road Capital II, L.P., with approximately US $420 million of capital commitments, an increase of nearly 70% from the firm’s debut fund. Mill Road Capital L.P. , a vintage 2006 fund, secured $255 million in commitments from US and Canadian [&hellip
Fuse Powered Inc. has acquired AppHero, originator of the first personalized mobile app recommendation platform. Financial terms were not disclosed. The acquisition will powerfully drive advertising performance for all publishers on Fuseboxx™ – an industry recognized integrated mobile ad technology and publishing platform. Fuseboxx™ provides leading publishers world-wide with deep analytics built upon extensive data [&hellip
Black Swan Energy Ltd. has completed a $150 million additional round of equity financing with existing shareholders, Warburg Pincus, Canada Pension Plan Investment Board (CPPIB) and KERN Partners. This new raise brings the total capital commitment from its shareholders to $501 million. In March 2011, Black Swan Energy secured $350 million in equity commitments from [&hellip
GE Antares Capital, a unit of GE Capital, has officially announced the appointment of Richard Kinlough as Managing Director based in Toronto. Richard joined GE Antares Capital in October 2013. GE Antares Capital is a leading middle-market lender to private equity-backed companies, and is active across a wide range of industries. “We are thrilled to [&hellip
Haggar Clothing Co. has acquired Tribal Sportswear from Kilmer Capital Fund L.P. for an undisclosed amount. Founded in 1976, Montreal based Tribal is a leading women’s sportswear company offering seasonal collections of casual and career wear to its account base of over 2,000 specialty stores across North America. “Tribal is one of the most well [&hellip
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TELECON Group, a portfolio company of Capital régional et coopératif Desjardins and Caisse de dépôt et placement du Québec, has acquired some assets and business activities of Netricom’s Wireless Network Construction Division. This acquisition will enable TELECON Group to further consolidate its leadership position in Quebec and Ontario, in addition to establishing a cross-Canada presence. [&hellip
TorQuest Partners, in partnership with a group of co-investors, including investors affiliated with Silverhawk Capital Partners, GoldPoint Partners and the Bank of Montreal, has completed a recapitalization of Kissner Milling Company Ltd. Terms of the transaction were not disclosed. TorQuest is partnering with the Kissner’s long-time majority shareholder, Bill Zinger, as well as Kissner’s senior [&hellip
Xagenic Inc., a molecular diagnostics company developing the first lab-free molecular diagnostic platform with a 20 minute time-to-result, has raised $20 million in Series B funding led by new investor Domain Associates, LLC. Existing investors CTI Life Sciences Fund and the Ontario Emerging Technologies Fund also participated in the new financing. In conjunction with the [&hellip
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Patriot Power Holdings, LLC, an affiliate of Rockland Capital, has issued a notice to Maxim Power Corp. (TSX: MXG) to terminate the agreement to purchase 100% of MAXIM’s ownership interest in Maxim Power (USA), Inc. (MUSA) due to an outstanding regulatory inquiry by The Federal Energy Regulatory Commission (FERC). On August 5, 2013, Rockland Capital [&hellip
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