Investment Summary

Canadian Business Growth Fund Invests In FundThrough

On June 20, 2023, growth capital firm Canadian Business Growth Fund invested in financial services company FundThrough

Investment Highlights
  • This is Canadian Business Growth Fund’s 3rd transaction in the Financial Services sector.
  • This is Canadian Business Growth Fund’s 29th transaction in Canada.
  • This is Canadian Business Growth Fund’s 13th transaction in Ontario.

Investment Summary

Date 2023-06-20
Target FundThrough
Sector Financial Services
Investor(s) Canadian Business Growth Fund
Deal Type Growth Capital

Target

FundThrough

Toronto, Ontario, Canada
FundThrough is a tech-powered invoice funding platform that generates fast, customized funding solutions to accelerate cash flow for growing small and medium sized B2B businesses across North America. FundThrough was founded in 2014 and is based in Toronto, Ontario.

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Investor(S) 1

Investor
DESCRIPTION

Canadian Business Growth Fund (CBGF) is an independent, evergreen growth?capital investment fund backed by Canadian banks and insurance companies. The Firm looks to provide minority equity investments ranging from CAD?5 to?20?million in mid?market Canadian businesses with solid revenue and growth trajectories. CBGF was formed in 2018 and is based in Toronto, Ontario.


DEAL STATS #
Overall 30 of 31
Sector: Financial Services M&A 3 of 3
Type: Growth Capital M&A Deals 20 of 21
State: Ontario M&A 13 of 14
Country: Canada M&A 29 of 30
Year: 2023 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-02-22 Specialty Medical Partners

Toronto, Ontario, Canada

Specialty Medical Partners partner with medical specialists across North America to provide health and care for their patients. Specialty Medical Partners was formed in 2021 and is based in Toronto, Ontario.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-01-24 STN Video

Victoria, British Columbia, Canada

STN Video is a digital video distribution platform, partnering with over 75 sports leagues and content providers (MLB, NFL, NBA, etc.) to deliver their official video highlights and content to over 1,600 publishers across North America including USA Today, The National Post, LA Times and Chicago Tribune. It gives publishers the content, revenue, and technology tools they need to succeed in the digital world while offering their video providers opportunities to grow, engage their fans, and provide additional revenue opportunities from their advertisers and sponsors. STN Video was founded in 2010 and is based in Victoria, British Columbia.

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