Q1 Capital Partners

• Celator Pharmaceuticals, a biopharmaceutical company with offices in B.C. and New Jersey, announced that it received $10 million in private equity financing.  Canadian venture capital companies GrowthWorks Capital Ltd., the Business Development Bank of Canada and Ventures West Management Inc. were involved as principal investors as well as U.S.-based Domain Associates, Quaker BioVentures, TL Ventures and Healthstone Investment Ltd.
   
• Ontario-based developer of energy-efficient, solid-state lighting technologies, Group IV Semiconductor Inc. raised an undisclosed amount of Series B financing.  The deal was lead by Garage Technology Ventures Canada along with Applied Ventures and return backers Khosla Ventures and BDC Venture Capital.
   
• Mold-Masters, of Ontario has received an undisclosed amount of growth equity funding from N.Y-based growth capital investor, 3i Group.  3i’s investment will assist Mold-Masters by accelerating its international expansion in Asia, Eastern Europe and Latin America and possible acquisition opportunities in the future. 

Cross-Border M&A

• Ontario-based Whitehill Technologies has agreed to be acquired by Skywire Software of Texas.  Both companies are global providers of software and services for insurance, financial services, legal, and professional services.  Terms of the deal were not disclosed.
   
• Woodside Capital, a Connecticut-based PE firm announced that it has purchased the assets of the Hamilton Specialty Bar Corporation.  The acquisition was led by Woodside Capital, Pinnacle Steel and Sankaty Advisors.
   
• Ontario-based remittance software provider Creditron has been acquired by Purepay.  Purepay is a strategic investor and operator of payments companies with offices in Ohio and New York.