Exits

This lists exits by way of acquisition or IPO and consists mainly of B.C. based companies.

14Apr2021: Kelowna’s FreshGrade, a digital assessment platform, has been acquired by Higher Ground Education, a network of Montessori schools in the US and China.

4Apr2021: Requiti, a Canadian firm that helps businesses navigate business tax incentives like Scientific Research and Experimental Development (SR&ED, has acquired FinTech startup Pinmo of Vancouver for $13 million CAD.

30Mar2021: Telehealth startup Dialogue Health Technologies has gone public on the Toronto Stock Exchange (TSX), raising $100 million through its previously announced initial public offering (IPO). The Montréal-based firm began trading today on the TSX under the symbol “CARE.”

29Mar2021: Canadarm maker MDA lists on TSX (symbol MDA), raising $400 million. MDA, originally founded in Vancouver by John MacDonald and Vern Dettwiler was public once before but was renamed Maxar and moved to Colorado. In 2020 it was bought by Northern Private Capital for $1Bn and moved to Brampton, Ontario.

22Mar2021: BIV – Vancouver’s Beanworks Solutions Inc is being acquired for approximately $105 million by French enterprise services firm Quadient SA ADR. The new parent company said “two key leaders” will retain a 4% minority stake in Beanworks following the all-cash deal, although Quadient has an option of completely acquiring the Vancouver company in the coming years.

15Mar2021: Veracyte, Inc. (Nasdaq: VCYT) today announced it has completed its USD$600M cash acquisition of Decipher Biosciences, Inc. to further solidify its global leadership in genomic diagnostics, with an expanded reach into 7 of the 10 most common cancers in the United States. Decipher, formerly named GenomeDx was founded in Vancouver BC.

10Mar2021: Betakit – Vancouver health services company WELL Health plans to acquire electronic medical records (EMR) provider Intrahealth for $19.25 million. The deal is expected to be completed early during the second quarter of 2021. Intrahealth, which was founded in New Zealand but is currently based in Vancouver, has a deep intellectual property (IP) portfolio and a customizable platform, which it uses to support approximately 15,000 clinicians across Canada, Australia, and New Zealand.

9Mar2021: Eupraxia Pharmaceuticals lists on TSX, raising $41M at $8/unit.

9Mar2021: Mednow Inc. an on-demand virtual pharmacy, begins trading on the TSX Venture Exchange  under the symbol “MNOW”. The IPO raised gross proceeds of $37M.

5Mar2021: Vancouver’s DeepGreen to go public via SPAC in $330M deal.

Feb 9, 2021: Tantalus Systems Holding Inc, begins trading on the TSX Venture Exchange under the ticker symbol GRID as a result of a reverse takeover by Risetech Capital.

19Nov2020: Globe News Wire – EHSQ Management Just Got Smarter: Intelex Acquires Compliance Automation Provider ehsAI.