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Canada: Five largest Private Equity/Venture Financing deals by value driven by Digitalization (LTM June 2022)

  • A total of 48 Private Equity/Venture Financing deals (pending and completed) were announced in Canada, driven by Digitalization, in the last twelve months resulting in a total deal value of over $2,225.2 million. In the LTM period, June 2021 turned out to be the most prolific in terms of deal size, with a total deal value of $775.3 million, resulting in an average deal value of $110.8 million during that month. On the other hand, the month of June 2021 was the most prolific in terms of deal volume, recording a total of 7 deals, resulting in an average deal value of $110.8 million during that month.

  • Of the 48 deals, the deal secured between American Express Ventures; Blumberg Capital LLC; Citi Ventures Inc; Mouro Capital LP; TCMI Inc and Trulioo Information Services Inc, was the largest Private Equity/Venture Financing deal in the Canada, which was valued at $394.0 million and was completed on June 7, 2021. The second-largest deal was between BDC Capital Inc; Blue Cloud Ventures; Fidelity Management & Research Company; Garage Capital; Harmonic Growth Partners; Index Ventures; Ontario Teachers' Pension Plan Board; Teachers Innovation Platform and Easy Education Inc, while the third-largest deal was between Andreessen Horowitz LLC; Bond (US); Coatue Management LLC; GIC Pte Ltd; GV Management Co LLC; Version One Ventures and Dapper Labs Inc.. The BDC Capital Inc; Blue Cloud Ventures; Fidelity Management & Research Company; Garage Capital; Harmonic Growth Partners; Index Ventures; Ontario Teachers' Pension Plan Board; Teachers Innovation Platform-Easy Education Inc deal and the Andreessen Horowitz LLC; Bond (US); Coatue Management LLC; GIC Pte Ltd; GV Management Co LLC; Version One Ventures-Dapper Labs Inc. deal were valued at $300.0 million and $250.0 million, respectively. The fourth-largest deal was between Accomplice; Glade Brook Capital Partners LLC; Goldman Sachs Growth Equity; GPI Capital; Westcap Group LLC-Hopper Inc valued at $175.0 million, whereas the deal between BDC Capital Inc; Desjardins Regional and Cooperative Capital; Export Development Canada; Fifth Wall Ventures Management LLC; GGV Capital IV LLC; iNovia Capital; Investissement Quebec Inc; Maple VC Partners LP; Nicola Wealth Management Ltd.; Obvious Ventures; OpenDoor Venture Capital; Real Ventures Ltd; Scale Venture Partners; Silicon Valley Bank; Sonder Capital; Sozo Ventures LLC; Tiger Global Management LLC; TriplePoint Capital, LLC.-RenoRun Inc valued at $142.0 million was the fifth-largest deal.

  • Cumulatively, the top five deals amounted to $1,261.0 million and accounted for nearly 56.67% of the total deals (by value) announced during the last twelve months.

Canada: Five largest Private Equity/Venture Financing deals by value driven by Digitalization (LTM June 2022)

Published: June 2022
Source: GlobalData

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