Canadian Business Growth Fund Mergers and Acquisitions Summary

Growth Capital Firm Profile

In the last 3 years, Canadian Business Growth Fund has invested in 14 companies.

Canadian Business Growth Fund’s most common sectors for investment areinternet software and services (29%) and business services (15%) . The Firm’s most common investment types include growth capital (93%) and acquisition financing (8%).

In the last 3 years, Canadian Business Growth Fund has exited 1 company. The Firm’s most common exit type is trade sale (100%). Canadian Business Growth Fund’s largest (disclosed) exit occurred in 2020 when it sold PayBright for $258M.

Join Mergr to view Canadian Business Growth Fund’s full profile and discover more middle-market private equity firms just like it.

M&A Summary

  • M&A Total Activity15
    • M&A Buy Activity14
    • M&A Sell Activity1
  • Total Sectors Invested 9
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 5

Canadian Business Growth Fund (CBGF)

730-145 King Street West,
Toronto, Ontario M5H 1J8
Canada
(833) 459-2243
www.cbgf.com
contact@cbgf.com


Investment Criteria

Sectors of Interest: Automotive, Business Services, Consumer Services, Digital Media, Distribution, Environmental, Financial Services, Information Technology, Internet Software and Services, Software

Target Transaction Types: Growth Capital, Stake Purchase

Geographic Preferences: Canada

Transaction Criteria Min Max
Target Revenue 5 100
Target EBITDA - -
Investment Size 3 20
Enterprise Value - -
values in millions of USD

M&A Summary

Buy vs Sell

Year ≤ '16 '17 '18 '19 '20 '21 T
Buy (2.8/yr) # - - 3 5 4 2 14
Sell (0.2/yr) # - - - - 1 - 1
vol $258M $258M
  15

Most Recent M&A

Company Date Value Type
Homestyle Selections LP 2021-10-21 - Growth Capital
Edmonton, Alberta · www.homestyleselectionslp.com
Stephano Group Ltd. 2021-09-29 - Growth Capital
Etobicoke, Ontario · www.stephanosbakedgoods.com
PayBright 2020-12-03 258M CAD Add-on Acquisition
Toronto, Ontario · www.paybright.com
Pitch Perfect Software, Inc. 2020-06-09 - Growth Capital
Halifax, Nova Scotia · www.proposify.com
MaxSold, Inc. 2020-06-02 - Growth Capital
Kingston, Ontario · www.maxsold.com
Xello 2020-05-07 - Growth Capital
Toronto, Ontario · www.xello.world
Environmental 360 Solutions Ltd. 2020-03-11 - Growth Capital
Aurora, Ontario · www.e360s.ca
Unyte Health, Inc. 2019-11-04 - Acquisition Financing
Toronto, Ontario · www.unyte.com
Appnovation Technologies, Inc. 2019-08-13 - Growth Capital
Vancouver, British Columbia · www.appnovation.com
Vendasta 2019-07-17 - Growth Capital
Saskatoon, Saskatchewan · www.vendasta.com
View All >>

M&A by Sector

Sector Current # Value All-time # Value
Internet Software and Services 4 (31%) - 4 (29%) -
Business Services 2 (15%) - 2 (14%) -
Information Technology 1 (8%) - 2 (14%) -
Automotive 1 (8%) - 1 (7%) -
Consumer Services 1 (8%) - 1 (7%) -
Digital Media 1 (8%) - 1 (7%) -
Environmental 1 (8%) - 1 (7%) -
Food 1 (8%) - 1 (7%) -
Software 1 (8%) - 1 (7%) -
Total 13 - 14 -

Acquisitions By Geo

State/Country Current # Value All-time # Value
Canada 13 (100%) - 14 (100%) -
  Ontario 7 (54%) - 8 (57%) -
  British Columbia 3 (23%) - 3 (21%) -
  Saskatchewan 1 (8%) - 1 (7%) -
  Nova Scotia 1 (8%) - 1 (7%) -
  Alberta 1 (8%) - 1 (7%) -
Total 13 - 14 -

Acquisitions by Deal Type

Type Current # Value All-time # Value
Growth Capital 12 (92%) - 13 (93%) -
Acquisition Financing 1 (8%) - 1 (7%) -
Total 13 - 14 -

Exits by Deal Type

Type Total # Value
Trade Sale 1 (100%) 258M (100%)
Total 1 $258M

Deal Values

sell # Total
$100M to $1B 1 $258M
TOTAL $258M
Largest PayBright
$258M (2020-12-03)

M&A Connections

Deals
Exited to
Strategic(s)
100%
1 (100%)

Investor Summary

Investor Type

Growth Capital Firm

Size

Middle-Market

PE Assets

545M USD

Specialist/Generalist

Generalist

Leadership

George Rossolatos

CEO

Karoline Elkind

CFO

Keith Townsend

Vice President of IT

 Subscribe to unlock this and 171,438
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More
1 Week Free Trial Learn More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB

Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 4.2K Private Equity Firms
  • 161K M&A Transactions
  • 167K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.4K M&A Advisors
    (Investment Banks and Law Firms)
  • 59K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.

Mergr

Product

Company

Legal