DEALS
Fairstone Bank to acquire Home Trust Company
Fairstone Bank to acquire Home Trust Company. Stephen Smith’s Smith Financial Corporation will own a majority interest in combined entity. Fairstone Bank’s current shareholders, Centerbridge Partners, L.P., Ontario Teachers’ Pension Plan Board and management, will continue as minority shareholders.
Read moreRails secures $6.2M seed financing
Satraj Bambra and Megha Bambra led Rails secured $6.2M seed funding from Slow Ventures, CMCC Global, Round13 Capital, and Quantstamp.
Read moreRealSage secures US $4M seed financing
RealSage secured US $4M seed funding led by York IE with participation of Karman Ventures, StellifiVC, Golden Section, and Second Century Ventures.
Read moreFUnDS/FiRMS
PEOPLE
Jake Lawrence joins Power Corporation as EVP & CFO
Power Corporation hired Jake Lawrence, CEO and Group Head of Global Banking and Markets at Scotiabank, as EVP & CFO, effective March 18, 2024. Scotiabank moved Lawrence into Strategic Advisor role and Michael Kruse and Paul Scurfield take on expanded roles.
Canada US/International
US/INternational deals/funds
-
Exoès secures €35m financing