Jennifer Horton

LumiQ in connection with its strategic investment from Vertu Capital

On September 24, 2024, LumiQ announced it received a strategic investment from Vertu Capital. This strategic investment represents the fourth platform investment for Vertu Capital through its Vertu Partners Fund I. LumiQ is a podcast platform focused on the accounting and finance...

Lead Office: Toronto Date Announced: Sep 24, 2024 Value: --

Clio in its record-setting US$900-million Series F investment round led by New Enterprise Associates (NEA)

On July 23, 2024, Clio announced the closing of its US$900-million Series F investment round, at a US$3-billion valuation, led by New Enterprise Associates (NEA) and including new investors Goldman Sachs Asset Management, Sixth Street, CapitalG, and Tidemark. This deal represents the largest...

Lead Office: Vancouver Date Announced: Jul 23, 2024 Value: US$900 million

Kyndryl in the sale of its Securities Industry Services business to Broadridge

On May 13, 2024, Kyndryl announced the proposed sale by Kyndryl Canada of its Canadian Securities Industry Services, wealth and capital markets technology platform to Broadridge Financial Solutions. In connection with the sale, Kyndryl plans to offer managed services and capabilities to Broadridge...

Lead Office: Toronto Date Announced: May 13, 2024 Value: -

Assembly Digital in its acquisition by St. Joseph Communications

On April 1, 2022, Assembly Digital announced it had been acquired by St. Joseph Communications, a privately owned media and marketing company. With this acquisition, Assembly Digital will become the newest addition to St. Joseph Communication’s multi-platform strategies for content creation and...

Lead Office: Toronto Date Closed: April 1, 2022 Value: -

Goldman Sachs Asset Management in its US$250 million investment in Hydrostor

On January 10, 2022, Hydrostor Inc. , a long-duration energy storage solutions provider, announced a preferred equity financing commitment of US$250 million from the Private Equity and Sustainable Investing businesses of Goldman Sachs Asset Management. Goldman Sachs has agreed to fund its...

Lead Office: Toronto Date Closed: -- Value: US$250 million

OpenChannel in its acquisition by Stripe

On December 6, 2021, OpenChannel, a marketplace software platform which helps users create apps and custom workflows across websites, mobiles, wearables, and virtual realities, announced its acquisition by Stripe Inc. Under the terms of the acquisition, OpenChannel’s team will become...

Lead Office: Toronto Date Closed: December 6, 2021 Value: -

Koch Real Estate Investments in connection with its preferred equity financing of the Canderel-led $5.7 billion acquisition of Cominar REIT

On October 24, 2021, Iris Acquisition II LP, a consortium led by Canderel Real Estate Property Inc., FrontFour Capital Group LLC, Artis REIT and Sandpiper Group Holdings Inc., announced its acquisition of Cominar REIT for $5.7 billion.  As part of the plan of arrangement, Koch Real Estate...

Lead Office: Toronto Date Closed: October 24, 2021 Value: $5.7 billion

Hootsuite in its $60 million acquisition of Heyday

On August 3, 2021, Hootsuite announced it acquired artificial intelligence chatbot startup Heyday for $60 million. The acquisition allows Hootsuite to tap into social media-based e-commerce. Hootsuite is a Vancouver-based social media management platform. The system's user interface...

Lead Office: Toronto Date Closed: August 3, 2021 Value: $60 million

The Estée Lauder Companies Inc. in its agreement to increase its ownership in DECIEM Beauty Group Inc.

On February 23, 2021, The Estée Lauder Companies Inc. (ELC) announced that it has entered into an agreement to increase its investment in the Canadian-based, vertically integrated, multi-brand company, DECIEM Beauty Group Inc. from approximately 29% to approximately 76%. ELC has agreed to purchase...

Lead Office: Toronto Date Closed: May 18, 2021 Value: US$2.2 billion

Loopio in its US$200 million strategic investment

On April 8, 2021, Loopio, a software firm specializing in RFP responses for growth-focused companies, received a strategic investment of US$200 million from Sumeru Equity Partners and affiliates. Loopio will use the capital to accelerate product development, customer acquisition and hiring....

Lead Office: Toronto Date Closed: April 8, 2021 Value: US$200 million