Representative Work Representative Work

Dialogue Technologies Inc. in its $40 million capital raise

On June 17, 2019, Dialogue Technologies Inc., a telemedicine startup located in Montreal, completed its $40 million capital raise led by the Caisse de dépôt et placement du Québec and Germany’s Holtzbrinck Ventures. This financing will allow Dialogue to further expand its footprint in...

Lead Office: Montreal Date Closed: June 17, 2019 Value: $40 million

The agents in the C$500 million offering of senior notes by Fairfax Financial Holdings

On June 14, 2019, Fairfax Financial Holdings Limited announced the closing of its $500 million offering of senior notes. The senior notes were offered through a syndicate of dealers led by BMO Nesbitt Burns Inc. and RBC Dominion Securities Inc., as joint bookrunners. Fairfax intends to use the net...

Lead Office: Vancouver Date Closed: June 14, 2019 Value: $500 million

The underwriters in the USD$244 million cross border offering of common shares by The Descartes Systems Group Inc.

On June 10, 2019, The Descartes Systems Group Inc. announced the completion of its USD$244 million common share offering in Canada and the United States. Descartes is a global leader in uniting logistics-intensive businesses in commerce and specializes in logistics software, supply chain...

Lead Office: Vancouver Date Closed: June 10, 2019 Value: USD$244 million

Intelex in its $570 million acquisition by Industrial Scientific

On June 6, 2019, Intelex Technologies Inc. announced its acquisition by Industrial Scientific for a total value of $570 million. As a result of the transaction, Intelex plans to enter into new markets globally and create a nerve center for EHSQ 4.0 automation. Intelex will be using its software to...

Lead Office: Toronto Date Closed: June 6, 2019 Value: $570 million

ApplyBoard in its $55 million Series B financing

On May 27, 2019, ApplyBoard announced the closing of a $55 million Series B financing round led by Anthos Capital with participation from previous investors including Artiman Ventures. This current round brings ApplyBoard’s overall funding to $72 million to date. The company plans to hire...

Lead Office: Toronto Date Closed: May 27, 2019 Value: $55 million

CIBC as lender in Arjun Infrastructure Partners’ acquisition of ONroute Service Centres

On May 26, 2019, CIBC acted as lenders to Arjun Infrastructure Partners and Fengate Asset Management who, with the consent of the Government of Ontario, acquired ONroute Service Centres (“ONroute”) a chain of 23 service plazas and rest areas located across Ontario from HMSHost and Kilmer....

Lead Office: Toronto Date Closed: May 26, 2019 Value: -

The Special Committee of the Board of Directors of Newstrike Brands in its proposed acquisition by HEXO Corp

On March 13, 2019, HEXO Corp (“HEXO”) and Newstrike Brands Ltd. (“Newstrike”) announced that they have entered into a definite agreement under which HEXO will acquire Newstrike for $263 million. Newstrike is the parent company of Up Cannabis Inc., a licensed producer of...

Lead Office: Toronto Date Closed: May 24, 2019 Value: $263 million

Prodigy Games in its investment by Canadian Business Growth Fund.

On May 24 2019, The Canadian Business Growth Fund announced its minority investment in Prodigy Games, an education software platform that helps students from grades 1-8 practice mathematics.  Canadian Business Growth Fund is a private equity firm specializing in growth...

Lead Office: Toronto Date Closed: May 24, 2019 Value: -

The Logic Inc. in its minority stake acquisition by Postmedia Network

On May 22, 2019, Postmedia Network, the largest publisher by circulation of paid English-language daily newspapers in Canada, announced its minority stake acquisition in The Logic Inc. Terms of the acquisition are undisclosed. The Logic, founded in 2018, provides in-depth reporting on the...

Lead Office: Toronto Date Closed: -- Value: -

Wealthsimple in its $100 million investment round

May 22, 2019, Wealthsimple announced it has secured a new $100 million investment round, led by Allianz X, the digital investment unit of German asset manager Allianz Group. Wealthsimple plans to use the funds to continue capturing market share through new products and services. Founded in...

Lead Office: Toronto Date Closed: May 22, 2019 Value: $100 million