Key Findings: Year-End 2022

PE: Investors saw a lack of larger deals due to the fastest interest rate increase cycle in the last 40 years

Deals under CAD $25M continued to dominate in the Canadian market, accounting for 85% of all disclosed PE transactions in 2022.

PE: Canadian PE Deals Reach Record High in 2022

Despite a downshift in total investment value year-over-year, CAD $10 billion was invested across 890 deals, a record-high for deal count.

VC: The Information, Communications & Technology (ICT) sector continued to lead in 2022

Deals made in ICT accounted for over half of all deals, with CAD $6.2B invested across 381 deals.

VC: 2022 Ends with Surprising Second-Highest Record in Both Deal Count and Deal Value

Q4 saw CAD $2.5B invested across 162 deals, closing the year with CAD $10B invested across 706 deals as the market normalized from 2021.

Strong Finish for Canadian VC Industry Despite Headwinds