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Date Target Transaction Type
Value: $mlns
Acquirer Seller
2025-12-18 Bartek
Food
Stoney Creek, Ontario
www.bartek.ca

Bartek specialises in the production and distribution of malic acid and fumaric acid, specialty products that improve flavor profiles, food safety, and profitability in food and beverages, add nutritive benefits while displacing antibiotics in animal nutrition formulations and contribute to the quality, safety, and efficacy of industrial applications. Bartek was founded in 1969 and is based in Stoney Creek, Ontario.

Add-on Acquisition

ICL Group
Company
Chemicals
Tel Aviv, Israel
www.icl-group.com

TorQuest Partners
Investor
Private Equity Firm
Toronto, Ontario
www.torquest.com

Deal Article Deal Link  
2025-12-17 Azure
Digital Media
Toronto, Ontario
www.azuremagazine.com

Azure is a print and digital publication focused on contemporary architecture, interiors, landscape design, urbanism and product design. Azure was founded in 1985 and is based in Toronto, Ontario.

Add-on Acquisition

Sandow
Company
Media
Boca Raton, Florida
www.sandow.com

-
Deal Article Deal Link  
2025-12-17 Pillar Security
Safety/Security
Toronto, Ontario
www.pillarsecurity.ca

Pillar Security is a provider of professional security concierge services. Known for its high standards in customer service and front-line professionalism, Pillar specialises in delivering tailored security solutions to residential and commercial properties, including high-rise condominiums and corporate buildings. Pillar Security is based in Toronto, Ontario.

Add-on Acquisition

Scarlet Security & Risk Group
Company
Safety/Security
Calgary, Alberta
www.ssrg.ca

-
Deal Article Deal Link  
2025-12-16 Hygate Senior Living
Real Estate
Waterloo, Ontario
www.hygateliving.com

Hygate Senior Living is a retirement living community that provides apartment-style independent, supported, and assisted living options tailored to older adults. Hygate Senior Living is based in Waterloo, Ontario.

Add-on Acquisition
Value

$93

Sienna Senior Living
Company
Healthcare Services
Markham, Ontario
www.siennaliving.ca

-
Deal Article Deal Link  
2025-12-16 Green Llamas Consulting
Information Technology
Severn Bridge, Ontario
www.greenllamas.com

Green Llamas Consulting is a monday.com partner specialising in designing and implementing custom workflows that bring clarity to people, projects, and data, with solutions spanning project management, CRM, resource planning, and reporting. Green Llamas Consulting is based in Severn Bridge, Ontario.

Add-on Acquisition

Carbon
Company
Digital Media
Cleveland, Ohio
www.carbonweb.co

-
Deal Article Deal Link  
2025-12-09 Niscon
Business Services
Burlington, Ontario
www.niscon.com

Niscon is an engineering firm that designs, manufactures, and supports motion-control and automation systems for entertainment venues and live productions. Niscon was founded in 2001 and is headquartered in Burlington, Ontario.

Add-on Acquisition

ShowRig
Company
Media
Las Vegas, Nevada
www.sgpsshowrig.com

Advisor: ButcherJoseph & Co.

-
Deal Article Deal Link  
2025-12-08 Mister Transmission
Automotive
Richmond Hill, Ontario
www.mistertransmission.com

Mister Transmission offers transmission diagnostics, fluid changes, reseals, rebuilds or replacements, and fleet maintenance for a wide range of vehicle makes and models. Mister Transmission was founded in 1963 and is headquartered in Richmond Hill, Ontario.

Add-on Acquisition

Moran Family of Brands
Company
Franchising
Midlothian, Illinois
www.moranfamilyofbrands.com

-
Deal Article Deal Link  
2025-12-03 CDP Communications
Information Technology
Markham, Ontario
www.cdpcom.com

CDP Communications provides products and services that help clients with streamlining document accessibility and automation. Its software creates compliant Universal Accessible documents (PDF/UA); enables print data stream transformations; secures the archival/retrieval of print documents; and compares print data stream files in a fraction of the time that a manual process would take. The company has specialized in developing software solutions for Independent Software Vendors, Original Equipment Manufacturers, Service Bureaus, and Developers. CDP Communications is based in Markham, Ontario.

Add-on Acquisition

Quadient
Company
Information Technology
Bagneux, France
www.quadient.com

-
Deal Article Deal Link  
2025-12-03 ENA Electronics
Electrical Equipment
Hamilton, Ontario
www.enaelectronics.com

ENA Electronics is an engineering and repair firm specialising in industrial electronics, focusing on repairing, testing, refurbishing and reverse-engineering electronic components. ENA Electronics was founded in 2000 and is based in Hamilton, Ontario.

Add-on Acquisition

IPS
Company
Business Services
Greenville, South Carolina
www.ips.us

-
Deal Article Deal Link  
2025-12-02 Aquanty
Information Technology
Waterloo, Ontario
www.aquanty.com

Aquanty is a water resources science and technology firm specializing in predictive analytics, simulation and forecasting, research services, and IoT. Its scientific team is expert in hydrogeology, contaminant transport, soil physics, climate change, applied math, and integrated climate/surface/subsurface modelling. Aquanty is based in Waterloo, Ontario.

Add-on Acquisition

Rocscience
Company
Software
Toronto, Ontario
www.rocscience.com

-
Deal Article Deal Link  
2025-12-02 Envy Wheels
Automotive
Richmond Hill, Ontario
www.envywheels.com

Envy Wheels is a manufacturer and retailer of aftermarket alloy and steel wheels for cars, trucks, SUVs, and trailers. Envy Wheels is based in Richmond Hill, Ontario.

Add-on Acquisition

Fastco
Company
Automotive
Vaudreuil-Dorion, Quebec
www.fastco.ca

-
Deal Article Deal Link  
2025-12-01 Maricann
Consumer Products
Burlington, Ontario
www.maricann.com

Marican is a medicinal cannabis brand that offers dried flower and cannabis oil to medical clients. Marican is based in Burlington, Ontario.

Divestiture

Sensi Brands
Company
Agriculture
Aurora, Ontario
www.sensibrands.ca

Ring International
Company
Machinery
Vienna, Austria
www.ringholding.com

Deal Article Deal Link  
2025-12-01 DS Consultants
Engineering
Vaughan, Ontario
www.dsconsultants.ca

DS Consultants provides engineering consulting services in the areas of geotechnical engineering, environmental services, hydrogeology, materials inspection and testing, instrumentation and monitoring, and building science. DS Consultants was founded in 2017 and is based in Vaughan, Ontario.

Add-on Acquisition
Value

$23

BluMetric
Company
Environmental
Ottawa, Ontario
www.blumetric.ca

-
Deal Article Deal Link  
2025-11-26 Emmetros
Software
Kitchener, Ontario

Emmetros develops healthcare-oriented software for patient engagement and care coordination. Emmetros was founded in 2014 and is based in Kitchener, Ontario.

Add-on Acquisition

FluidAI
Company
Medical Products
Kitchener, Ontario
www.fluidai.md

-
Deal Article Deal Link  
2025-11-26 Home Equity Partners
Financial Services
Toronto, Ontario
www.theheqpartners.com

Home Equity Partners is a financial solutions company that helps homeowners gain greater access to their home equity. Home Equity Partners is based in Toronto, Ontario.

Stake Purchase

Myriad Group
Company
Real Estate
Toronto, Ontario
www.myriadrentals.com

-
Deal Article Deal Link  
2025-11-25 AskCipher
Software
Toronto, Ontario
www.askcipher.com

AskCipher connects to enterprise/business software (like ERPs, CRMs, finance & operations platforms) and lets users interact with those systems using natural language, effectively translating business language commands to application actions. AskCipher is based in Toronto, Ontario.

Add-on Acquisition

Appficiency
Company
Information Technology
Mississauga, Ontario
www.appficiency.com

-
Deal Article Deal Link  
Avg $431
31.8x EBITDA
8.1x REVENUE

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