Industry TrendsMergers & Acquisitions

Canadian executives express bullish outlook in times of economic uncertainty

EY Global Capital Confidence Barometer shows decline in M&A appetite despite optimism; Canadian executives optimistic that domestic and global economies are improving TORONTO, ON—Canadian executives are taking a cautious approach to dealmaking in the year ahead despite overwhelming economic optimism, according to the 21st bi-annual EY Global Capital Confidence Barometer. All …

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Mergers & AcquisitionsPayments

Great Hill Partners Makes All Cash Offer to Acquire VersaPay Corporation

TORONTO, ON–VersaPay Corporation and Great Hill Partners, a leading growth-oriented private equity firm, say the VersaPay and an affiliate of Great Hill have entered into a definitive arrangement agreement whereby Great Hill will indirectly acquire all of the issued and outstanding common shares of the company. Under the terms of …

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Corporate AcquisitionsMergers & Acquisitions

Pollard Banknote to Acquire mkodo Limited

WINNIPEG, MB–Pollard Banknote Limited has signed a definitive agreement to acquire 100% of the equity of mkodo Limited, a leading provider of digital apps and user interfaces for the lottery and gaming industry worldwide. The Acquisition is subject to certain standard regulatory and third-party consents and is expected to close …

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HospitalityMergers & Acquisitions

Knightstone Acquires Sheraton Gateway Hotel in Toronto International Airport from Marriott

Hotel to undergo extensive renovations MISSISSAUGA, ON–Knightstone Capital Management Inc., through an affiliated entity, have acquired the Sheraton Gateway Hotel in Toronto International Airport from an affiliate of Marriott International Inc. for approximately $130 million CAD. The Sheraton Gateway Hotel is located within Terminal 3 of the Toronto Pearson International …

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Mergers & AcquisitionsRetail

New Investor Group to Acquire Bouclair

Will accelerate store expansion, online platform while repositioning retail footprint with a heavy investment focus in Quebec MONTREAL, QC–Alston Investments Inc., a new company formed by a group of Canadian investors with significant retail experience, today announced it has offered to acquire via an Asset Purchase Agreement a substantial portion …

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InsuranceMergers & Acquisitions

Hub International Acquires The Assets Of Manitoba-Based W.R. Carey Corporation

WINNIPEG, MB–Hub International Limited (Hub), a leading global insurance brokerage has acquired the assets of W.R. Carey Corporation (Carey Corp). Terms of the transaction were not disclosed. Located in Winnipeg, Manitoba, Canada, Carey Corp is an independent employee benefits consulting firm providing a broad array of benefits programs, including benefits …

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FinTechMergersMergers & Acquisitions

ATB Financial enhancing customer experience with acquisition

EDMONTON, AB–ATB Financial has acquired the technology assets of Grow Technologies Inc. to bring a new, enhanced digital experience to their customers. Through conversations with customers, ATB heard a need for convenient online tools that operate seamlessly so they can quickly open accounts and request loans. With ATB’s acquisition of …

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