Representative Work Representative Work

Untether AI in its US$125 million financing round

On July 20, 2021, Untether AI announced it had completed its US$125 million all-equity financing round co-led by Tracker Capital and Intel Capital and including participation from CPPIB and previous investors including Radical Ventures. The funding will be used to expand its product and development...

Lead Office: Toronto Date Closed: July 20, 2021 Value: US$125 million

The syndicate of underwriters in the US$2.50 billion bond offering by the Province of British Columbia

On July 20, 2021, the Province of British Columbia completed its US$2.50 billion bond offering. RBC Capital Markets, BMO Capital Markets, Deutsche Bank AG, London Branch, National Bank of Canada Financial and TD Securities (USA) LLC acted as underwriters on the deal. Osler, Hoskin &...

Lead Office: Vancouver Date Closed: July 20, 2021 Value: US$2.50 billion

Awz Ventures in the launch of Awz X-Seed, the firm's seed-stage technology accelerator and investment fund

On July 20, 2021, Awz Ventures announced the launch of its Awz X-Seed investment accelerator hub in Tel Aviv. This investment is launched in partnership with MAFAT ­- the Israeli Ministry of Defense’s Directorate of Defense Research and Development, as well as with other security...

Lead Office: Montreal Date Closed: July 20, 2021 Value: -

A significant equity sponsor of Black Swan Energy in its $1.1 billion acquisition by Tourmaline

On July 15, 2021, Tourmaline Oil Corp. completed its acquisition of Black Swan Energy for $1.1 billion. Tourmaline Oil Corp. is a natural gas producer specializing in exploration, development, production and acquisition in the Western Canadian Sedimentary Basin. Black Swan Energy is an oil...

Lead Office: Calgary Date Closed: July 15, 2021 Value: $1.1 billion

Outside Interactive in it acquisition of Pinkbike, CyclingTips and Trailforks

On July 14, 2021, Outside Interactive acquired Pinkbike and sister brands CyclingTips and Trailforks. The transaction represents a significant expansion of Outside’s leadership position in cycling media and mobile mapping technology, and it adds an array of premium benefits and...

Lead Office: Vancouver Date Closed: July 14, 2021 Value: -

Float in its $5 million financing

On July 13, 2021, Float announced it had completed a $5 million financing consisting of a $4 million equity round co-led by Susa Ventures and Golden Ventures and $1 million in debt financing from Silicon Valley Bank. The funding will be used to invest in product development, hiring and...

Lead Office: Toronto Date Closed: July 13, 2021 Value: $5 million

Skyline Commercial REIT in its $67 million industrial property acquisition

On July 12, 2021, Skyline Commercial REIT completed its $67 million purchase of a 500,000 square foot single-tenant industrial distribution centre located in southeast Calgary. Post-acquisition, Skyline Commercial REIT comprises 88 properties in 34 communities in five provinces across...

Lead Office: Calgary Date Closed: July 12, 2021 Value: $67 million

Foodee in its acquisition by Sodexo

On July 12, 2021, it was announced that Vancouver-based leading corporate catering company Foodee was acquired by Sodexo, one of the largest food services and facilities management companies globally. This acquisition will support expansion of Foodee’s industry-leading food technology...

Lead Office: Vancouver Date Closed: July 12, 2021 Value: -

Clearco in its US$215 million investment by SoftBank

On July 8, 2021, Clearco announced a US$215 million investment led by SoftBank and including Intuit, Bow Capital and Park West. This follows their US$100 million Series C financing. Clearco is a Toronto-based fintech specializing in providing capital solutions for ecommerce,...

Lead Office: Toronto Date Closed: July 8, 2021 Value: US$215 million

Promark Electronics Inc. in its acquisition by Electrical Components International

On July 6, 2021, Electrical Components International announced its acquisition of Promark Electronics Inc. The transaction allows Promark to accelerate its growth in the e-mobility market and expand its manufacturing operations in Montreal. The acquisition also provides the company with the...

Lead Office: Montreal Date Closed: July 6, 2021 Value: -