PE Hub Staff

Sagard Private Equity Canada's inaugural mid-market private equity fund has held an initial closing, raising C$200 million.

Alberta Investment Management Corp has agreed to sell its 97.33 percent stake in Eolia Renovables de Inversiones, a Spanish renewable energy company. 

Restaurant Brands International has agreed to acquire Firehouse Subs, a Jacksonville, Florida-based restaurant brand, for $1 billion in cash.

Caisse de dépôt et placement du Québec has invested in M3 Mortgage Group, a Montreal-based non-bank mortgage originator and brokerage.

Canadian private equity firm Longbow Capital has held an initial close for its energy transition fund, securing C$114 million.

BHP Group has started talks with Wyloo Metals, an affiliate of Australian private investment firm Tattarang, about the takeover of Toronto-based nickel producer Noront Resources.

Canada’s private equity market saw an increase in transaction values and volumes in Q3 2021, with C$17.7 billion invested in 190 deals.

UK-based Round Hill Capital has formed a new joint venture with Canada Pension Plan Investment Board to invest in purpose-built student accommodation in Europe.

OMERS Infrastructure has agreed to acquire Navisun, a Hingham, Massachusetts-based distributed generation solar power producer.

Wellington-Altus Financial, a Winnipeg-based wealth management company, has secured an C$85 million minority growth equity investment.