Investment Summary

VERTU Capital Invests In LumiQ

On September 24, 2024, private equity firm VERTU Capital invested in software company LumiQ

Investment Highlights
  • This is VERTU Capital’s 2nd transaction in the Software sector.
  • This is VERTU Capital’s 5th transaction in Canada.
  • This is VERTU Capital’s 5th transaction in Ontario.

Investment Summary

Date 2024-09-24
Target LumiQ
Sector Software
Investor(s) VERTU Capital
Deal Type Growth Capital

Target

LumiQ

Toronto, Ontario, Canada
LumiQ is a podcast platform where engaging conversations with business leaders count as accredited learning for designated accounting and finance professionals. Course instructors include business leaders from companies such as Nike, Yahoo!, Google, and Microsoft; along with NYT best-selling authors and industry thought leaders. LumiQ is based in Toronto, Ontario.

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Investor(S) 1

DESCRIPTION

VERTU Capital is a private investment firm focused on acquiring and investing in Canadian technology companies. VERTU targets established B2B companies with at least $20 million in revenue and enterprise values ranging from $75 to $250 million. VERTU Capital was formed in 2016 and is headquartered in Toronto.


DEAL STATS #
Overall 6 of 6
Sector (Software) 2 of 2
Type (Growth Capital) 1 of 1
State (Ontario) 5 of 5
Country (Canada) 5 of 5
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-11-07 ActiveState Software

Vancouver, British Columbia, Canada

ActiveState Software is a software company that develops anti-spam software for enterprises and professional tools for open source language programmers. ActiveState Software was founded in 1997 and is based in Vancouver, British Columbia.

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