Representative Work Representative Work

Cambridge Brain Science in its round of expansion capital

On March 1, 2021, Cambridge Brain Sciences announced it closed a new round of expansion capital from Canadian Shield Capital, a Toronto-based private equity investment firm, closely aligned to Hatch, a global engineering consultancy. This institutional financing round will allow CBS to further...

Lead Office: Toronto Date Closed: March 1, 2021 Value: -

HYAS in its $20 million Series B financing round

On February 26, 2021, HYAS announced the completion of its $20 million Series B financing round. The round was led by S3 Ventures with participation from Uncorrelated Ventures, Tightline Holdings, Cyber Mentor Fund and Dcode Capital. Previous investors M12, Startup Capital Ventures, and 205...

Lead Office: Vancouver Date Closed: February 26, 2021 Value: $20 million

Purpose Financial in its $53.5 million investment by Allianz X

On February, 26, 2021, Allianz X completed its $53.5 million investment in Purpose Financial. The proceeds from the investment will be used to accelerate growth and expand product development, and is the first step in a strategic cooperation between Purpose Financial and Allianz X to...

Lead Office: Toronto Date Closed: February 26, 2021 Value: $53.5 million

Yolk in its acquisition by Astreya

On February 4, 2021, Astreya announced it has signed an agreement to acquire Yolk. The acquisition of Yolk will reinforce Astreya's commitment to building technology-enabled services that elevate human potential and experience in a digitally transformed work environment. Yolk is an...

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

ChargeLab in its US$4.3 million seed round

On February 23, 2021, ChargeLab completed its US$4.3 million seed financing round led by Construct Capital and Root Ventures. The funding will allow ChargeLab to provide the software to power electrical vehicle charging infrastructure.   ChargeLab is a Toronto based software firm...

Lead Office: Toronto Date Closed: February 23, 2021 Value: US$4.3 million

The Underwriters in Dye & Durham’s $500 million offering

On February 23, 2021, Dye & Durham closed its $500 million bought deal with a syndicate of underwriters led by Canaccord Genuity Corp., BMO Capital Markets and Scotia Capital Inc., to complete on a bought deal basis, an aggregate of 3,960,400 common shares at a purchase price of $50.50...

Lead Office: Calgary Date Closed: February 23, 2021 Value: $500 million

Borrowell’s acquisition of Refresh Financial

On December 15, 2020, Borrowell announced it is acquiring Refresh Financial. The acquisition will integrate Refresh into Borrowell, increasing the breadth and accessibility of Borrowell’s offering by providing its user base with a way to build credit history and access payment...

Lead Office: Toronto Date Closed: February 22, 2021 Value: -

Borrowell in its $25 million financing round

On February 22, 2021, Borrowell completed its $25 million financing round. The equity funding included support from a number of new and existing investors and will be used to fund Borrowell’s recent acquisition of Refresh Financial. The proceeds will also be used for overall growth...

Lead Office: Toronto Date Closed: February 22, 2021 Value: $25 million

Goldman Sachs Merchant Banking in its $1.13 billion acquisition of People Corporation

On December 14, 2020, Goldman Sachs Merchant Banking Division (MBD) entered in an agreement to acquire People Corporation for a value of $1.13 billion. The acquisition will position People Corporation’s to grow and expand its opportunity to further enhance the delivery of...

Lead Office: Toronto Date Closed: February 18, 2021 Value: $1.13 billion

Cameco Corporation in its successful dismissal of CRA appeal by the Supreme Court of Canada

On February 18, 2021, the Supreme Court of Canada declined to hear the CRA’s appeal of previous decisions that had sided with Cameco Corporation. This marks the end of a long running transfer pricing dispute between Cameco Corporation and the CRA. In declining to hear the case, the...

Lead Office: Toronto Date Closed: February 18, 2021 Value: -