Investment Summary

Canadian Business Growth Fund Invests In ShopperPlus

On September 2, 2021, growth capital firm Canadian Business Growth Fund invested in e-commerce company ShopperPlus

Investment Highlights
  • This is Canadian Business Growth Fund’s 1st transaction in the E-Commerce sector.
  • This is Canadian Business Growth Fund’s 18th transaction in Canada.
  • This is Canadian Business Growth Fund’s 2nd transaction in Quebec.

Investment Summary

Date 2021-09-02
Target ShopperPlus
Sector E-Commerce
Investor(s) Canadian Business Growth Fund
Deal Type Venture

Target

ShopperPlus

Vaudreuil, Quebec, Canada
ShopperPlus is a retail e-commerce company providing office and home supplies to Canadian consumers. The company provides an e-commerce platform offering cost-effective and reliable everyday products such as office supplies, electronics & accessories, and other home essentials. ShopperPlus has also developed four private label brands: PrimeCables, Moustache, LivingBasics and SortWise. ShopperPlus is based in Vaudreuil, Quebec.

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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 19 of 31
Sector: E-Commerce M&A 1 of 1
Type: Venture M&A Deals 5 of 9
State: Quebec M&A 2 of 3
Country: Canada M&A 18 of 30
Year: 2021 M&A 3 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-29 Cold Bore Technology

Calgary, Alberta, Canada

Cold Bore Technology is a leading well completions automation and analytics technology company. Cold Bore Technology’s SmartPAD platform offers the world’s first on-site Completions Master Control System (CMCS) to enable fully autonomous well operations through its innovative hardware and software solution. Cold Bore Technology is based in Calgary Alberta.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-29 Stephano Group

Etobicoke, Ontario, Canada

Stephano Group is a manufacturer of cereal and granola products. The company produces and provides cold cereal, hot cereal, and cereal / nutritional bar products and snacks on a private label or co-manufactured basis. Stephano's ten production lines produce a range of breakfast and snack products which include Organic, Non-GMO, Gluten-Free, allergen-controlled, and Kosher-certified capabilities. Stephano Group is based in Etobicoke, Ontario.

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