Q-News Private Equity
November 2010Private Equity - October 2010
Posted in Private Equity
October was yet another sad reminder of the state of the Canadian VC
industry. Only three Canadian companies received
funding and all of the capital came from government sponsored sources as
opposed to private sector funds. A
Private Equity - September 2010
Posted in Private Equity
There were nine transactions reported this September. Seven of the announcements disclosed the
amount of capital raised, which totalled to $65.4 million. That is a slight improvement of over the
eight deals totaling $44.9 million in August of this year and close to the 10
announcements and $50.1 million in new capital reported in September of
2009. Three of the companies raising
money this September are in the tech space and all three are headquartered in
Private Equity - August 2010
Posted in Private Equity
After a strong July in which we saw 12 financings and a reported figure
of $78 million in new capital invested in private Canadian companies, in August
we only came across eight financings, which brought in a total of $44.9 million
in new funds. This equates to more deals
but less capital than the six transactions and $90.4 million in funding
reported in August of 2009. Most of the activity this August took place in the
provinces of
Private Equity - July 2010
Posted in Private Equity
There were 12 private Canadian company financings announced in July. Ten of the press releases reported the actual
amount of money being put into the companies – adding up to $438 million in new
capital. However, we feel that it would
be inappropriate to compare these totals to the figures that we have reported
in previous newsletters due to the fact that $360 million of the $438 million
figure came from two large transactions that do not fall under the categories
that we have traditionally focused on in our newsletter.
Private Equity - June 2010
Posted in Private Equity
There
were four private financings reported in June, bringing in $37.2 million in new
capital. For the sake of comparison, in
June 2009 we reported six deals and $7.9 million in new capital – the dollar
figure that month was deceptively low due to the fact that two of the
transactions reported did not give any details as to the amount of money
actually raised. Looking at the last two
years’ figures, it would be easy to say that June is merely a sluggish month in
terms of financing. However, if we go
back a little bit further - to June 2008 - we can see that there were 16
financings and $143.4 million in new capital reported that month. None of the financings reported this June
involved an
Private Equity - May 2010
Posted in Private Equity
There were 14 financings reported
in May with the total amount of capital raised by the 12 companies that
disclosed the details of their transactions being $84.7 million. That is a substantial improvement over the
six deals and $20.6 reported in May 2009, or the five deals and $52.5 million
reported this past April. Most of the
activity took place in
Private Equity - April 2010
Posted in Private Equity
There were only five private Canadian companies that reported raising money
this April. Those five transactions
added up to $52.5 million in new capital, with the largest deal coming in a
$22.5 million. This month’s totals are
almost on par with the $50.2 million that was raised through seven transactions
in April of 2009. This April’s figures also represent the lowest
totals this year – both in terms of the number of transactions and the amount
of capital raised. Four of the deals
involved technology companies, with the fifth being a biopharmaceutical
company. Most of the activity took place
in
Private Equity - March 2010
Posted in Private Equity
There were 12 financings
announced in March totaling $65.9 million in growth capital, although the
inclusion of Adenyo’s $26.9 million raise skews the numbers somewhat since the
company stated that the funds had been raised in July 2009. The figures represent an increase from the
eight transactions reported in March of 2009.
However, the total capital raised was still lower than the $77.7 million
that was injected into the sector last March.
Private Equity - February 2010
Posted in Private Equity
There were nine reported
financings in February. Of these, six
companies disclosed the amount of capital that was raised, totaling $88.7
million. The totals are more or less on
par with last month’s numbers and noticeably stronger than the figures from
February of 2009 – at this time last year, we saw only six financings and $23.4
million in new capital. A large portion
of the activity this month took place in
Private Equity - December 2009 / January 2010
Posted in Private Equity
Following November’s weak numbers (which represented the ugliest month we’ve seen since we started tracking financing data in 2002), we were glad to see slightly better results for December. In total, there were seven transactions reported (with six including details of the actual amount of capital raised), totaling $98.6 million. Although the total amount of capital raised was considerably higher than in December 2008 (12 transactions reported for $35.8 million), $75 million or over just three quarters came from one transaction – DAVE Wireless.
There were eight financings announced in January 2010 for a total of $75.7 million in new capital. The totals were practically on par with the eight deals and $76.3 million in capital raised in January of 2009.
