Former Dye & Durham leaders resurface with $100-million USD SPAC targeting Canadian tech
MAK Acquisitions eyes technology businesses that provide “critical solutions in niche markets.”
Acquisitions
OpenText to sell off “non-core” eDOCS unit for $163 million USD in cash
Enterprise software firm will pay off debt and continue evaluating its assets.
Hyperlume snapped up by San Jose-based Credo for undisclosed amount
Sale comes seven months after the Ottawa startup’s nearly $18-million CAD seed round.
Attabotics’ story ends with asset sale to Kentucky engineering firm
Deal comes months after Attabotics filed for creditor protection amid cash flow challenges.
Ex-Vidyard employees sell Toronto’s HyperComply to SecurityScorecard
Team behind the compliance automation tool joins platform used by two-thirds of the Fortune 500.
Bo’s rollercoaster year ends in “seven-figure” acquisition
After layoffs, stalled funding, and doubts about survival, Montréal startup acquired by Tricentris.
Klue doubles down on AI with Ignition acquisition
Vancouver startup acquires the San Francisco-based go-to-market platform months after going “AI-first.”
Telus Digital to rejoin parent company after $743-million CAD acquisition
Telecom giant says reuniting with its spinout will accelerate AI and SaaS transformation.
Shopify bolsters product design team with acquisition of Molly Studio
E-commerce giant’s new Product Design Studio to operate like an “internal agency.”
Wealthsimple acquires Fey to bolster its investment research capabilities
Financial services platform makes second acquisition of 2025 as assets nearly double year-over-year.
Canadian-led Dayforce to be taken private by Thoma Bravo in $12.3-billion USD deal
Toronto- and Minneapolis-based HR software firm joins wave of tech privatization deals.
Sovra appoints new CEO Tom Spengler as it sells off “non-core businesses” to focus on government tech
Formerly known as MDF Commerce, the now-private Montréal company has also acquired Calgary’s Ontopical.
WonderFi Q2 earnings show widening losses ahead of Robinhood takeover
A volatile crypto market has affected the Canadian startup’s final months of independence.
US-based Landbase buys team and tech behind Canada’s Adauris to advance AI roadmap
Canadian-founded Landbase says Adauris alums will help it bring “vibe AI” to inbound marketing.
Pathway acquired by US telehealth firm Doximity for $63 million USD
Doximity now beta testing a product with Pathway’s AI-powered search technology and medical datasets.