Data & Analytics Acquisitions in Canada

ScalePad announced the acquisition of Cognition360, a business intelligence and analytics platform built for Managed Service Providers (MSPs). The deal expands ScalePad’s offerings into BI & analytics and is intended to integrate Cognition360’s data warehouse and predictive analytics capabilities with ScalePad’s existing MSP software suite.

Sverica Capital Management LP announced the sale of its portfolio company iWave to private equity firm Incline Equity Partners. Headquartered in Charlottetown, Prince Edward Island, iWave provides a fundraising intelligence platform that aggregates wealth, philanthropic, and biographic data for education, healthcare, and nonprofit organizations.

Morningstar Sustainalytics, a global provider of ESG research, ratings, and data, has acquired Aquantix, a Montreal-based technology company providing property-level climate risk data services for real estate and mortgage lending. The acquisition adds Aquantix’s AI-powered climate risk models and analytics capabilities to strengthen Morningstar Sustainalytics’ climate solutions for investors, banks, lenders, and other stakeholders assessing physical climate risks in real estate.

RST / Measurand, a portfolio company of Vance Street Capital LLC, announced the acquisition of 3vGeomatics (3vG). The deal expands RST / Measurand’s geotechnical instrumentation and cloud-based monitoring capabilities by adding 3vG’s InSAR satellite radar analytics for ground and infrastructure displacement monitoring. Financial terms were not disclosed.

Trendline Interactive acquired Canadian data and analytics consultancy Data Insight Group (DiG) to expand and strengthen its data science and analytics capabilities for marketing-focused clients. The transaction was completed with financial support from mid-market private equity firm Growth Catalyst Partners (GCP), and financial terms were not disclosed.