LaBarge Weinstein the most active law firm in Canada for VC deals in 2015

Things have been busy at LaBarge Weinstein and people are noticing.

According to data from the Canadian Venture Capital and Private Equity Association (CVCA) and reported in The Globe and Mail, LaBarge Weinstein was the most active legal firm involved in VC deals in 2015.

CVCA reports are based on a subset of reported transactions, representing just a portion of LaBarge Weinstein’s VC transactions. Read more about this here.

LaBarge Weinstein continues to assist both companies and venture capital firms and other investors in growing knowledge-based communities around the world. To date, we’ve worked closely with clients across Canada, in all 10 provinces, and with foreign investors throughout the United States and Europe.

Of course, venture capital deals were just a part of what the LaBarge Weinstein team did in 2015. Through the year, our team represented buyers and sellers in M&A transactions including Veritaaq, Tweed, Kik Interactive, Brovada and Mabel’s Labels. We helped promising young companies like Gymtrack, Jobber and Showbie raise more than $9.1 million in seed financing. We also worked with companies like Mogo Finance Technology to go public, in this case in their $50 million IPO.

With particular focus on mergers and acquisitions, public and private company financing and tax structuring and litigation, LaBarge Weinstein is happy to support clients in every stage of their business, from startup to exit.

Contact us today to find out how we can help you and your business.

LaBarge Weinstein’s 2016 Federal Budget recap

Client Updates

• Silicon Valley. Berlin. Bangalore. Tokyo. Sao Paulo. And now: Canada. 500 Startups is officially expanding into Canada with the launch of a $30 million regional fund. The global network of mentors, founders and partners from more than 1,500 portfolio companies will help Canadian-based startups get the tools and resources they need to succeed. 500 Startups has already made Canadian investments out of its main Silicon Valley funds and plans to make 150+ more investments in early-stage Canadian startups in the next few years. LaBarge Weinstein is proud to be working with the team at 500 Startups as they set up the Canadian fund. Getting a ticket into the 500 Startups’ Silicon Valley accelerator program is always an aspiration of Canadian startup founders so we are very excited to have a Canadian 500 Startups fund on the horizon and see great things ahead.  
   
• Frank & Oak are multiple nominees at the Canadian Art & Fashion Awards (CAFA) this year. The retail and fashion brand is nominated for the Menswear Design of the Year Award and the Joe Fresh Fashion Innovation Award, given to a company that’s innovating how customers experience, consume or interact with fashion through technology. The awards take place on April 15.
   
• Medical marijuana producer Tweed, Inc. has a new partner in rapper Snoop Dogg. The three-year deal grants Tweed exclusive rights to use content and brands owned by Snoop Dogg’s LBC Holdings. Snoop Dogg will receive cash and stock. The artist is already a veteran the marijuana industry; he’s created a venture capital fund focused on the marijuana industry and launched his own cannabis line in Colorado.
   
• Ottawa-based flight engineering firm Neptec Design Group Ltd. is keeping a close eye on space. The Canadian Space Agency announced that the firm was awarded a contract to design an “advanced space vision system” that will monitor the International Space Station’s infrastructure and help spacecraft doc there.  Neptec’s technology has previously helped the International Space Station: in 2014, an unmanned spaceship traveling to the ISS tested a Neptec-designed TriDAR sensor system which helped ships automatically dock properly.

Deal Flow Update

• Nakina Systems to be acquired by Nokia
• Mabel’s Labels acquired by CCL Industries for Avery North America
• BTI acquired by Juniper Networks
• Nexonia acquires ExpenseWatch
• TUC & Careworx announces merger to become #1 managed service provider for senior care
• ExitCertified acquired by Avnet, Inc.
• Kik Interactive acquires Blynk
• Perk.com expands rewards platform with acquisition of SuperRewards
   

• Vidyard announces USD $35 million Series C Round
• Emerald Technology Ventures leads $11 million financing round for Librestream Technologies Inc.
• CrowdRiff raises $2 million in seed round
• eSentire raises USD $19.5 million to expand cybersecurity services
• Street Contxt raises $8 million Series A financing
• Trulioo raises $15 million, largest Fintech round of 2015
• Wellington Financial Fund V provides $7 million financing to FINCAD