Investment Summary

Canadian Business Growth Fund Invests In Kudos

On December 6, 2021, growth capital firm Canadian Business Growth Fund invested in software company Kudos

Investment Highlights
  • This is Canadian Business Growth Fund’s 2nd transaction in the Software sector.
  • This is Canadian Business Growth Fund’s 22nd transaction in Canada.
  • This is Canadian Business Growth Fund’s 3rd transaction in Alberta.

Investment Summary

Date 2021-12-06
Target Kudos
Sector Software
Investor(s) Canadian Business Growth Fund
Deal Type Growth Capital

Target

Kudos

Calgary, Alberta, Canada
Kudos is an employee engagement, culture, and analytics platform, that harnesses the power of peer-to-peer recognition, values reinforcement, and open communication to help organizations boost employee engagement, reduce turnover, improve culture, and drive productivity and performance. It uses unique proprietary methodologies to deliver essential people analytics on culture, performance, equity, and inclusion, providing organizations with deep insights and a clear understanding of their workforce. Kudos was formed in 2010 and is based in Calgary, Alberta.

Search 214,238 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

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 23 of 31
Sector: Software M&A 2 of 3
Type: Growth Capital M&A Deals 17 of 21
State: Alberta M&A 3 of 4
Country: Canada M&A 22 of 30
Year: 2021 M&A 7 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-30 Neovation

Winnipeg, Manitoba, Canada

Neovation is a provider of digital learning products and services to mid-market and extended enterprise businesses and organizations. Neovation is based in Winnipeg, Manitoba.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-16 PureFacts Financial Solutions

Toronto, Ontario, Canada

PureFacts Financial Solutions is a provider of wealth management solutions for the financial services industry in Canada, USA, UK, and the Caribbean. PureFacts Financial Solutions is based in Toronto, Ontario.

Buy -