PE Hub Staff

A PwC Canada-CVCA study found small businesses in Canada backed by private equity investment showed stronger growth relative to non-PE backed equivalents.

Deal-making in Canada’s buyout and private equity market was reduced in the third quarter of 2020, according to a report by the Canadian Venture Capital and Private Equity Association. 

Orion Mine Finance has agreed to invest about C$19.5 million in Caldas Gold Corp, a Toronto-based junior mining company.

Loblaw Companies has acquired technology and the related team from Eyereturn Marketing, a subsidiary of Torstar Corp.

Caisse de dépôt et placement du Québec has agreed to invest C$150 million in CAE, a Montreal-based provider of training and operational support for the civil aviation, defense and security and health care markets.

The November election’s delivery of President-elect Biden and a narrowly split Congress is comforting news for many in private equity who prefer divided government to a blue wave.

Investment activity in Canada’s private equity market lagged slightly in the first three quarters of 2020, according to final data released by Refinitiv, with C$14 billion disbursed across 314 deals.

Should the Democrats sweep the White House and Congress, Blackstone's president and COO says infrastructure spending and funding for cities could offset other headwinds.

Canadian Solar has agreed to a financing of about US$260 million for its subsidiary CSI Solar, which is planning a carve-out initial public offering in China.

Valsoft Corp has acquired Interdev Technologies, a Toronto-based provider of electronic patient care record and reporting software.