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Top Stories of the Week
The deal is comprised of $63.7 million in cash to be paid at closing, and up to $25 million in cash to be paid in early 2021 based on the achievement of certain growth and profitability targets in 2020.
Caisse de dépôt et placement du Québec (la Caisse) is taking an equity interest totalling $200 million in Plusgrade, a provider of revenue solutions to the global travel industry.
The new hub is designed to allow clients to work side-by-side with Accenture teams to ideate, prototype, and scale products and services.
Over a ten-year period, the BC-born consortium wants to invest more than $1.4 billion to fund over 100 projects involving with over 1,000 organizations across Canada.
HYAS receives $2 million in venture debt from Silicon Valley Bank (Read here)
Ratehub acquires MoneySense (Read here)
Vendasta receives $3.3 million from Western Innovation Initiative (Read here)
Blue J Legal raises $9.3 million CAD to expand legal platform to the US (Read here)
Patriot One acquiring threat recognition software EhEye (Read here)
A new PwC MoneyTree report on Canadian investment shows that in Q3 2018, corporate participation made up 39 percent of all Canadian deals.
No matter what stage your business is in, optionality is something you can be proactively driving towards before an acquisition comes your way.
Why did Canada send a delegation to Web Summit? (CanCon ep. 135)
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