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DealMaker, a prominent figure in capital markets solutions, has successfully completed an oversubscribed financing round on December 20, 2022. Key investors include the Canadian Securities Exchange (CSE) and Mawer Partners LP, overseen by Mawer Investment Management Ltd. Exhibiting an impressive 500% YoY growth, DealMaker stands as the third fastest-growing company as per the Globe & Mail. The firm's avant-garde platform equips numerous companies with tools to augment their capital raise, mirroring how e-commerce platforms support online stores. Rebecca Kacaba, CEO of DealMaker, expressed gratitude for the investor enthusiasm amidst unstable market dynamics. She also emphasized the potential enhancement of collaboration with the CSE, noting the advantages that DealMaker's advanced offerings could bring for CSE issuers. The progression from startup phase to IPO for businesses is a vision she holds for the collaboration. CSE Chief Executive Officer, Richard Carleton, commended DealMaker's stellar performance in capital markets over recent years and acknowledged the value DealMaker can introduce to the ecosystem. The funds procured from this round will be channelized to amplify DealMaker's market dominance and global outreach. A significant part of the investment will drive product innovation and research efforts to envision a unified global capital market.
Parties
Company
Novation Solutions Inc (dba DealMaker)
Government
Canadian Securities Exchange
Company
Mawer Investment Management Ltd
Deal Type
Financing/InvestmentIndustry
Tech/Computer/ITTransaction
Undisclosed/ConfidentialDeal Status
ClosedClosing Date
20 December 2022