Representative Work Representative Work

Dream Industrial REIT in its $850 million European logistics portfolio acquisition and associated financing

On June 24, 2021, Dream Industrial REIT completed its acquisition of an 8.9 million square foot European logistics portfolio. The transaction consists of an acquisition of shares of a corporation owning a portfolio of 31 institutional logistics properties throughout Europe for $850 million....

Lead Office: Toronto Date Closed: June 24, 2021 Value: $850 million

A+E Networks acquisition of a 35% stake in Reel One Entertainment

On June 24, 2021, Newen announced that A+E Networks had acquired a 35% stake in Newen’s subsidiary, Reel One. This investment will position Reel One to accelerate its growth in production and distribution in North America and expand opportunities to produce further TV content. A+E...

Lead Office: Montreal Date Closed: June 24, 2021 Value: -

Tulip in its US$28 million Series C financing round

On June 24, 2021, Tulip announced it had completed a US$28 million Series C financing round. Arrowroot Capital led the round and was joined by BDC Capital and existing investors. The expansion includes further plans to grow the sales and marketing team, accelerate road map development and increase...

Lead Office: Toronto Date Closed: June 24, 2021 Value: US$28 million

Joyride in its US$3.7 million funding round

On June 23, 2021, Joyride announced it had completed its US$3.7 million funding round led by Proexa Ventures and Urban Innovation Fund. The all-equity funding included participation from Lill Ventures, Eva Lau and Allen Lau through Two Small Fish Ventures, and Craig Miller’s Something...

Lead Office: Toronto Date Closed: June 23, 2021 Value: US$3.7 million

Canadian Business Growth Fund in its minority equity investment in Connected Lab

On June 23, 2021, Canadian Business Growth Fund completed its minority equity investment in Connected Lab, a Toronto-based product development services firm. The investment will be used to fuel the company’s growth and expand its team. The Canadian Business Growth Fund (CBGF) provides...

Lead Office: Toronto Date Closed: June 23, 2021 Value: -

ResQ in its $9.75 million seed round of funding

On June 22, 2021, ResQ announced its $9.75 million round of seed funding. The all-equity round, which originally closed in December, was led by Homebrew, Golden Ventures, and Inovia Capital. The capital will primarily help ResQ double or triple its 60-person team across engineering, sales...

Lead Office: Toronto Date Closed: June 22, 2021 Value: $9.75 million

Longbow Capital and BDC in Clir Renewables’ $27 million Series E financing

On June 1, 2021, Clir Renewables, a cloud-based AI platform in the renewable energy industry, completed its $27 million Series E financing round, co-led by Longbow Capital and ArcTern. The capital raised in the financing round will further develop ‘smart’ products utilizing...

Lead Office: Calgary Date Closed: June 17, 2021 Value: $27 million

ApplyBoard in its US$300 million Series D financing

On June 15, 2021, ApplyBoard announced its US$300 million Series D funding round led by Ontario Teachers’ Pension Plan Board and including participation from Fidelity Management & Research, BDC, Harmonic, Index Ventures, Garage Capital and Blue Cloud Ventures. The funding supports...

Lead Office: Toronto Date Closed: June 16, 2021 Value: $300 million

TRC in its acquisition of Quatric

On June 16, 2021, TRC Companies announced the acquisition of the business assets of Quatric, provider of operational technology expertise and engineering services. The strategic acquisition will strengthen TRC’s investment in digital technologies. In addition, the acquisition will...

Lead Office: Montreal Date Closed: June 16, 2021 Value: -

SkyWatch in its US$17.2 million Series B funding round

On June 15, 2021, SkyWatch announced it had completed its US$17.2 million Series B financing round led by Drive Capital and including BDC ICE Venture Fund, Golden Ventures, Space Capital and Bullpen Capital. The funding will be used to globally scale the company’s technology and leverage its...

Lead Office: Toronto Date Closed: June 15, 2021 Value: US$17.2 million