Assent makes first acquisition deal with purchase of German firm IPoint
Ottawa centaur says deal will help expand its supply-chain compliance platform.
Acquisitions
MDA Space will buy 567-million-euro majority stake in French satellite company
Acquisition will create one of the largest space-based geointelligence businesses in the world, MDA says.
Descartes cruises into Latin America with acquisition of last-mile management platform Drivin
Waterloo-based logistics tech firm makes its 37th acquisition since 2016.
Paystone enters creditor protection, pursues debt restructuring, sale
London FinTech firm says debt-fuelled acquisition spree, billing error leave its options limited.
Quantum tech firm BTQ to acquire France’s QPerfect
Vancouver-based BTQ will pay just over $30 million CAD for the French quantum firm.
US finance app SoFi acquires Composer to add AI investing strategies
Acquisition of Toronto FinTech bolsters SoFi’s case to be “the everything app for digital financial services.”
Mecka AI acquires Docula as it builds the data layer for robotics
Three-person Canadian AI startup joining the majority-Canadian Mecka team.
Cognota broadens corporate learning platform with Learnexus acquisition
Toronto company says deal will help it connect enterprise customers with freelancers and agents.
Superhuman, formerly Grammarly, acquires AI detector GPTZero
Two companies with Canadian roots want to build the internet’s “authenticity layer.”
MDA Space to buy Raytheon’s satellite maker for $620 million USD
Company says acquisition capitalizes on US government’s growing demand for defence space missions.
Nuvei to buy US payments processor Payoneer for $2.75 billion USD
Montréal-based Nuvei says combined company will process more than $500 billion in annual payment volume.
1Password acquires Apono to become the “control plane” for businesses using agentic AI
Toronto firm says deal aids transition from securing credentials to governing access.
Clio acquires fellow Canadian legaltech firm Jurisage
Deal gives Clio the legal database it needs to advance its AI roadmap on home turf.
Robinhood officially enters Canada, following WonderFi acquisition
WonderFi’s president and CEO departed following the close of the deal.
WonderFi clears final regulatory hurdle to be acquired by Robinhood
More than a year after inking the deal, it’s finally slated to close on June 1.