Canadian Business Growth Fund Invests in MaxSold

Canadian Business Growth Fund Makes Minority Investment in Proposify

June 9, 2020

Cloud & SaaS

The Canadian Business Growth Fund (CBGF) has made a minority equity investment in Nova Scotia–based proposal-management SaaS company Proposify. The funding is intended as patient growth capital to help Proposify scale its business, prepare for future growth, and expand its market reach.

Canadian Business Growth Fund Invests $10M in Kudos

December 6, 2021

Cloud & SaaS

The Canadian Business Growth Fund (CBGF) made a $10 million minority growth equity investment in Calgary-based Kudos, an employee recognition and people-analytics SaaS platform. The capital will support Kudos' global expansion and accelerate hiring—Kudos expected to double headcount to about 120 employees across Calgary and Canada by the end of 2022.

Canadian Business Growth Fund Makes Minority Growth Investment in Stephano Group

September 29, 2021

Food & Beverage

The Canadian Business Growth Fund (CBGF) has made a minority growth equity investment in Stephano Group Ltd., a family-owned Canadian CPG food manufacturer headquartered in Etobicoke, Ontario. The capital will be used to expand sales and marketing, corporate infrastructure, and manufacturing capacity as Stephano pursues growth across Canadian and U.S. retail and foodservice channels.

mrge Acquires MaxBounty

August 13, 2024

Marketing & Advertising

mrge, the Waterland-backed Commerce Advertising platform, has acquired MaxBounty, a performance marketing/CPA network based in Ottawa, Canada. The deal is an add-on to mrge's platform that expands its cost-per-lead/action capabilities and strengthens its presence in North America and key global markets.

Fengate Private Equity Partners with eMAX Health (Platform Investment)

January 28, 2025

Healthcare Services

Fengate Private Equity has made a platform investment in eMAX Health, partnering with founder Julian Casciano who will remain a significant investor and continue to lead the company. The investment (managed on behalf of the LiUNA Pension Fund of Central and Eastern Canada) will support accelerated product development, capability expansion and growth of eMAX’s tech-enabled real-world evidence, market access and patient services offerings.

Gibraltar Industries Acquires OmniMax International for $1.335 Billion

February 5, 2026

Building Products

Gibraltar Industries completed an all-cash acquisition of OmniMax International from funds managed by Strategic Value Partners for $1.335 billion. The deal expands Gibraltar's presence in the residential building-products market, is expected to be immediately accretive to EBITDA margin and cash flow, and is financed with new term loans and an upsized revolving credit facility.