The team at WD Capital Markets is retained regularly on business and capital markets advisory services. Selected corporate finance and M&A advisory transactions closed recently by WDC and/or management team, include:
Intrahealth Systems Limited
Healthcare, SaaS, Software
WDC arranged the $19.25M sale of Vancouver based Intrahealth Systems Limited to WELL Health Technologies Corp. (TSX: WELL). Intrahealth provides a suite of flexible software solutions to a wide variety of customers including health authorities, hospitals, public health outpatient centres, community health, home care, ambulatory care and diverse health care professionals.
Production Paint Stripping
Other
WDC arranged the sale of Toronto/Windsor based Production Paint Stripping to Ohio based MPW Industrial Services. PPS is a leading provider of paint and coating removal services to OEM and Tier 1 Automotive and other industrial clients.
Stoneway Capital Corporation
Energy/Industrial
WDC provided comprehensive Fairness and CBCA opinions to the Board of Stoneway with respect to the proposed restructuring of CAD$1 Billion of Senior and Mezzanine Debt. HQ in Buenos Aires, Stoneway constructs, owns and operates power plants that provide electricity to the wholesale markets in Argentina.
Astley Gilbert Limited
Communications
WDC arranged the sale of 50% of Astley Gilbert for $24.7M. In recent years, AG has enjoyed significant organic as well as acquisition growth and has become a consolidator in the printing industry with the largest market share for architectural, engineering and construction reproductive printing in Ontario.
Impact Radio Accessories
Communications, Manufacturing, Other
WDC acted as the exclusive financial advisor to Impact Radio Accessories and arranged the sale of a majority interest in the company for $17M. Impact is a world leader in the design and manufacture of mission critical communications products for public safety, military, security, retail, and hospitality applications.
Adcore, Inc.
AdTech, SaaS, Software
WDC raised over $4M of equity for Adcore, and led the Company’s public listing transaction. Based on Tel Aviv, Adcore is a leading provider of machine-learning powered advertising technologies to online retailers globally. (TSX.V: “ADCO”)
Lendified Holdings Inc.
Financial Services, Fintech, Lending
WDC raised over $20M of equity and debt for Lendified, and led the Company’s public listing transaction. Lendified is Canada’s fastest growing online lender for small businesses and provides cutting-edge lending technology to financial institutions across North America.
KGK Science Inc.
Biotech/Pharma
WDC advised on approximately $6M of debt and equity financing for KGK Science Limited, a leading health and wellness focused private contract research organization based in London, Ontario. KGK was subsequently acquired by Auxly Cannabis Group Inc. (TSX.V: XLY)
Bonne O
Consumer Products, Manufacturing
WDC acted as the exclusive financial advisor to Bonne O Holdings Inc. on a $4.35M equity financing round to fund the company’s expansion of the Sparkel carbonated water machine.
Thentia Global Systems Inc.
Regulatory, SaaS, Software
WDC raised over $2.5M of venture debt for Thentia to fuel global expansion. Based in Toronto, Thentia is an industry leader in using proprietary technology to help regulatory bodies efficiently fulfill their regulatory obligations.
Samuelsohn / Hickey Freeman
Manufacturing, Retail
WDC management advised on the $20M acquisition of Hickey Freeman by Samuelsohn (owned by Grano Retail), raising the equity for the transaction.
Givex Corporation
Financial Services
WDC management helped found the Company and has since financed several subsequent transactions totalling $5M.
ZoneTV
Software, Technology
WDC completed a $5M Subordinated Debt financing for ZoneTV to fuel growth. Based near Toronto, ZoneTV is redefining TV viewing by delivering a personalized entertainment experience with expertly curated and exciting new content, powered by A.I.
Flexiti Financial
Financial Services, Fintech, Lending
Brokered private placement of common shares for gross proceeds of $4 million and debt financing of $15 million.
Mill St. & Co.
Financial Services, Other
WDC acted as the exclusive financial advisor to Mill St. & Co. Inc. on over $10M in debt and equity financing to fund the acquisition of portfolio companies and future growth.
Points West Living LP
Real Estate
WDC participated in a syndicate that raised $22M for seniors housing operator, Points West Living.
Cricket Media
Education, Technology
Brokered private placement offering of units for aggregate gross proceeds of approximately $8 million.
EK3 Technologies Inc.
Technology
WDC management raised the initial round of capital for EK3 and several follow on rounds leading up to acquisition in 2013 by Cineplex Entertainment for $78M.
Zast Foods Corp.
Food & Beverage
WDC arranged the asset purchase of The TOBY Brand Company and the Cookin Greens brand for its client, Zast Foods Corp.
IOU Financial Inc.
Financial Services, Fintech, Lending
WDC management raised over $5M of pre- and post-IPO capital for IOU Financial to expand their business throughout the US.
Fresh Brands Inc. (The WORKS)
Food & Beverage
WDC management sourced Fresh Brand’s first acquisition, The WORKS, and then raised $10 million of Private Equity, Mezzanine, and Bank financing to close the transaction.
Comwave Networks Inc. III
Telecom
Exclusive financial adviser to Comwave on its $23.5 million takeover of Radiant Communications Corp., a publicly listed company.
FinanceIt
Financial Services, Fintech, Lending
(Formerly CommunityLend) Brokered private placement offering of special warrants for aggregate gross proceeds of $1.5 million.
Quack (an AOL Company)
Technology
WDC management raised the first round of capital and several follow on rounds leading up Quack’s acquisition by AOL for $300M.
iLOOKabout Inc.
Software, Technology
WDC management raised the first round of capital for ILA and continued to advise the company on M&A and corporate finance matters.
Comwave Networks Inc.
Communications
Exclusive financial adviser to Astley Gilbert on a $6 million debt financing deal, and a $5.4M M&A transaction.
Mortgage Company of Canada
Financial Services
WDC provided advisory services to MCOCI in conjunction with over $60M of equity financing. MCOCI is a Mortgage Investment Corporation (“MIC”) providing financing solutions by way of mortgages, primarily in the residential real estate sector within the Greater Toronto Area.
Vault Credit
Financial Services
WDC provided advisory services to Vault in conjunction with over $17M of equity financing. Vault is a financial services company offering a variety of credit products including equipment leases, mortgages and commercial loans.
OneUp Sports
Software, Technology
WDC arranged a $4.7M subordinated debt placement for OneUp Sports. OneUp works with the top global sports leagues, governing bodies and independent media properties delivering digital video and mobile experiences to fans everywhere.