Vertu Capital Leads $60M Recapitalization of Dejero Labs
April 21, 2021
Vertu Capital led a $60 million minority recapitalization of Dejero Labs Inc., partnering with Ubicom Ventures (a special-purpose investment vehicle formed with Dejero management) to complete the transaction. The capital is intended to accelerate Dejero's product development and global market expansion for its resilient connectivity and live-video transport solutions; Dejero remains headquartered in Waterloo, Ontario, Canada.
- Buyers
- Vertu Capital, Ubicom Ventures
- Targets
- Dejero Labs Inc.
- Industry
- Telecommunications
- Location
- Ontario, Canada
- Transaction Type
- Recapitalization
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