Fight brews over Magnet Forensics’ proposed $1.8 billion acquisition by Thoma Bravo
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Magnet Forensics shareholders approve $1.8 billion Thoma Bravo acquisition as campaign against deal proves unsuccessful

Despite vote, dissenting shareholder says “this is not the end of the road for us.” Shareholders of Kitchener-Waterloo’s Magnet Forensics have voted in favour…

Continue Reading Magnet Forensics shareholders approve $1.8 billion Thoma Bravo acquisition as campaign against deal proves unsuccessful
Canadian startup news of the week (1/22/23)
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Magnet shares independent advisor report recommending $1.8 billion acquisition as some shareholders push to halt deal

One of Magnet’s largest investors says $1.8 billion price tag “simply too low.” As the battle to stop Magnet Forensics’ $1.8 billion CAD sale…

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Waterloo Hockeystick
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Dwindling tech deal volume remained a thorn in the Waterloo Region’s side in 2022

Venture funding in Waterloo Region dipped from 2021 peak, but still surpassed pre-bull market years. The Waterloo Region saw a continued decline in venture…

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Daily Blends
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Daily Blends raises $2.7 million CAD, signs Metrolinx deal to deploy smart vending machines

Healthy vending machines are coming to public transit stations, college campuses across Canada. Toronto-based Daily Blends has announced an all-equity $2.7 million CAD ($2…

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Able Innovations announces $7.5 million to take the pain out of patient transfer
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Able Innovations strikes deal with Ottawa hospital for robotic patient transfer tech

Robotic medical device startup Able Innovations has secured a procurement deal with an Ottawa hospital. Bruyère, a geriatric and rehab hospital, will use Able…

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Fight brews over Magnet Forensics’ proposed $1.8 billion acquisition by Thoma Bravo
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S|W: The SaaS Weekly – Fight brews over Magnet Forensics acquisition deal

Plus: Jobber secures $100 million. The SaaS Weekly is a weekly newsletter covering major SaaS news from Canada and around the globe. Subscribe to…

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WeCommerce
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Tiny enters deal to go public on TSXV through merger with WeCommerce

Tiny created WeCommerce in 2019 to acquire Shopify partner businesses. Victoria-based holding company WeCommerce is set to consolidate with its parent company, Tiny Capital….

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CoinSmarts interface preview
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CoinSmart rejects Coinsquare’s notice to terminate acquisition deal

CoinSmart claims Coinsquare’s acquisition about-face is “invalid and without merit.” CoinSmart has announced that it has rejected notice from Coinsquare to back out of…

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Coinsquare moves to terminate CoinSmart acquisition deal
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Coinsquare moves to terminate CoinSmart acquisition deal

Coinsquare struck an agreement to acquire fellow Toronto-based crypto trading platform and competitor CoinSmart last fall. Now, Coinsquare wants to back out of that…

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Nuvei enters $1.7 billion CAD deal to acquire US payments tech firm Paya
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Nuvei enters $1.7 billion CAD deal to acquire US payments tech firm Paya

Paya’s share price climbed by 24 percent following the news of its potential acquisition. Montréal-based FinTech startup Nuvei has entered a deal to acquire…

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