After facing “challenging operating conditions,” Jasper Commerce sells operating business to Digital Commerce Payments
Jasper to keep some equity and future earnings, but otherwise has “no active business.”
Acquisitions
PathFactory acquires fellow B2B marketing platform Uberflip in stock-for-stock deal
PathFactory says the combined entity’s customer list includes firms such as Nvidia, Amazon, and Thomson Reuters.
D2L and MDF Commerce expand software portfolios with latest acquisitions
Recently privatized MDF Commerce acquires EcoInteractive as D2L purchases H5P Group.
Bell acquires #CDNtech companies Stratejm and CloudKettle to beef up cloud capabilities
Deals aim to boost Bell’s offerings in cybersecurity and Salesforce expertise.
OMERS sells medical testing giant LifeLabs to American firm Quest Diagnostics for $1.35 billion
LifeLabs will retain its brand, Canadian headquarters, and management after the acquisition is closed.
Trader Corporation and Freelance.ca strengthen their online marketplaces through new acquisitions
Freelance.ca scoops up Workhoppers, while Trader purchases Collateral Management Solutions.
Nesto acquires mortgage-lending giant CMLS Group
Nesto says the combined entity will have more than $60 billion in mortgages under administration.
Healwell AI accelerates M&A strategy with acquisitions of VeroSource Solutions and BioPharma Services
The deals, if successful, will have a combined value of over $36 million.
Descartes acquires UK-based logistics platform BoxTop for $18 million CAD
The deal follows a similar across-the-pond acquisition in April.
Sharethrough to merge with French adtech firm Equativ
Deal comes two-and-a-half years after Sharethrough scrapped TSX IPO plans.
Copperleaf Technologies to join wave of #CDNtech go-privates in $1-billion deal with IFS
Copperleaf expects IFS to continue investing in its Vancouver team.
Canadian-founded Staging Labs acquired by Merkle Science
Staging Labs uses real-time tech to detect and block malicious crypto transactions.
Shopify acquires popular no-code checkout customizer Checkout Blocks
The acquisition has made Checkout Blocks’ starter version free for all Shopify Plus merchants.
Valsoft nabs Progitek in sixth acquisition of 2024
Valsoft closed $229 million CAD in growth financing in January to expand its portfolio.
Forma.ai’s first acquisition nets fellow Toronto sales software startup SeaMonster
With SeaMonster, Forma.ai aims to help companies provide activity-based sales incentives.