Magnet Forensics to delist from TSX as $1.8 billion merger deal closes
Magnet Forensics acquisition closes following opposition to the deal.
Acquisitions
WonderFi, Coinsquare, CoinSmart to merge as Canada’s crypto industry consolidates
Canadian crypto love triangle ends in three-way merger.
PureFacts acquires Xtiva to bolster its revenue management solutions
The combined company will offer a complete revenue management platform.
Magnet shareholders approve $1.8 billion Thoma Bravo acquisition as campaign against deal proves unsuccessful
Despite vote, dissenting shareholder says “this is not the end of the road for us.”
Paper acquires literacy tool Readlee to help curb pandemic-fuelled literacy crisis among children
Readlee was created by Harvard researchers and masters teachers.
Vendasta acquires customer engagement platform Broadly
Deal marks an acceleration of strategic growth plans for both startups.
PointClickCare acquires Patient Pattern to support healthcare providers’ transition to value-based care
Patient Pattern allows management for both fee-for-service and value-based care models in one platform.
Magnet shares independent advisor report recommending $1.8 billion acquisition as some shareholders push to halt deal
One of Magnet’s largest investors says $1.8 billion price tag “simply too low.”
Semiconductor firm GaN Systems to be acquired by Infineon for $830 million USD
GaN Systems CEO says Infineon will enable company “to unleash our full potential.”
Fresh Prep acquires fellow Vancouver food delivery startup Peko
Fresh Prep says deal will help the sustainable meal kit company tackle food waste.
Paper acquires MajorClarity to add post-secondary planning into its K-12 platform
Deal comes after post-secondary enrollment reaches 10-year low.
Miovision acquires Winnipeg’s MicroTraffic to better predict traffic collisions
MicroTraffic uses AI to predict potential traffic accidents.
Croptimistic acquires CropPro Consulting, secures $9.1 million from Forage Capital
Cory and Shannon Willness first built CropPro in 2003, then Croptimistic in 2018.
Cogeco acquires independent internet provider Oxio’s telecom business
The purchase marks latest blow to Canadian telecom competition.
Descartes acquires US-based GroundCloud for $138 million USD
Descartes aims to apply GroundCloud’s safety content, compliance solutions across more industries.