Photo (left to right): Anthony Lipschitz, Partner, Private Equity, Jared Kalish, Partner, Private Capital, Ilan Jacobson, Founding Partner & CEO. Credit: Firepower Capital. This morning, Toronto and Montreal-based Firepower Capital announced the closing of a pool of committed capital earmarked for private equity transactions. The raise is part of the expansion of Firepower’s private equity division,
On Monday, January 27, the TSX closed its worst day in four months. In the same week, all eyes were on the city of Wuhan in China where officials had just ordered a quarantine for the entire city. These seemingly drastic measures shook the public markets into a tailspin; the record bull market run was
The CVCA will be publishing its 2019 year-end report next week and the preliminary numbers show Canadian venture capital heading towards another record year for investment and private equity continuing its momentum. However, there’s volatility at seemingly every turn. In Canada, we’ve been experiencing spin-off consequences from the federal natural gas pipeline project and the
On Oct. 31, Montreal and Toronto-based private equity firm, Persistence Capital Partners announced the acquisition of their portfolio company, EnvironeX Group Inc. by Eurofins Scientific (EUFI.PA), a global scientific leader in bioanalytical testing. Québec-based EnvironeX Group is one of the largest analytical laboratories in Québec, with over 250 specialists and technicians, managers and professionals in
On Feb. 5, Vancouver-headquartered Regimen Equity Partners announced it had acquired, in partnership, Radial Engineering Limited, a lower mainland-based world-renowned manufacturer of pro-audio accessories and acoustical treatment products. As part of our “Behind The Deal” series, the CVCA caught up with two of Regimen Equity Partners’ Managing Directors, David Eisler and Cooper Seeman, to discuss
On Mar. 6, CVCA released its 2017 Year-In-Review data which demonstrated the attractiveness of ICT investing in Canada. Canadian ICT companies received the majority (71%) of total venture capital dollars invested ($2.5B over 375 deals) while life science companies received a fifth of the dollars invested ($696M over 105 deals). Almost a fifth (19%) of
On Feb. 13, 2018, Vancouver-based Creative Energy announced a new partnership with InstarAGF Asset Management, an independent alternative asset management firm focused on North American middle-market opportunities. Through an investment by the InstarAGF Essential Infrastructure Fund, InstarAGF now owns a 50% interest in the energy solutions company, creating a district energy platform positioned for growth
On Oct. 24 2017, Roynat Equity Partners announced the sale of its equity ownership interest in SKYTRAC Systems Limited to Drew Marine, a portfolio company of The Jordan Company. Roynat Equity Partners acquired its equity stake in SKYTRAC in 2012 in support of a management buyout. SKYTRAC is Kelowna, British Columbia-based developer and manufacturer of
This article is part of a new series, CVCA Quarterly Exclusive, written and published by the Canadian Venture Capital and Private Equity Association. This series provides an analysis of the CVCA’s most recently published VC & PE Canadian Market Overview through expert commentary and perspectives. Forty-four private equity deals closed in the first three quarters of 2017 in
