Growth Capital • Software

Canadian Business Growth Fund Invests In Kudos

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

Investment Context

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.

Explore All 1292 Growth Capital Software Deals - Search the Database Free

Investment Summary
Date	December 6, 2021
Target	Kudos
Sector	Software
Investor(s)	Canadian Business Growth Fund
Deal Type	Growth Capital

Target Company

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.

Explore More Deals

Browse All 215,156 Deals

FILTER BY

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

Search Free

Investor Overview 1

Investor

Canadian Business Growth Fund

Investor Investor

Category	Growth Capital Firm
Founded	2018
PE ASSETS	545M CAD
Size	Middle-Market
Type	Sector Agnostic

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 Context for Investor	#
Overall	23 of 31
Sector: Software	2 of 3
Type: Growth Capital	17 of 21
State: Alberta	3 of 4
Country: Canada	22 of 30
Year: 2021	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	-

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	-

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

Explore Related M&A Activity

Software M&A - Growth Capital M&A Deals - Alberta M&A - Canada M&A - 2021 M&A