Garibaldi Capital Advisors helped the shareholders of In Motion Technology achieve an exit today in the announced sale to local public wireless technology company, Sierra Wireless (TSX:SW). Read the official company press release, here. The deal is expected to close in early March, and is subject to customary closing conditions. This deal represents the first […]

First, the news: Investment in private technology companies in British Columbia was up 6% year on year from 2012 to 2013. Until you count Hootsuite… Including their eye-popping, record breaking, $165m USD financing ($170.3m CAD at close), investment was up 104% year on year. In other words, one financing in 2013 accounted for as much […]

Today, BuildDirect announced a CDN $30 million ‘Series B’ growth equity financing to continue their reinvention of the heavyweight home improvement product market. They will use the capital to support the continued evolution of their proprietary technology platform, expand their extensive product offerings, and rapidly grow their employee base. The BuildDirect financing is the 3rd […]

One thing we know for certain: SaaS is hot. 2013 sustained roughly one SaaS IPO per month on the NASDAQ, alone. That does not account for the multitude of similar IPOs on other global public exchanges, nor the transactions involving SaaS based businesses that increasingly dominate private equity and venture funding in general. With all […]

At Garibaldi we are constantly tracking capital placed into technology companies in Canada as well as M&A activity involving technology companies. We use existing databases, but also hear or know about transactions that those databases miss or are not announced by the companies for whatever reason. We use a broad definition of technology including such […]

There have been two monster capital raises in Vancouver this summer. Well, one big and one monster, to be truthful. How big, you ask? On a relative basis, Hootsuite’s $165 million total of capital that it pried from the cold hands of investors is so large that if the capital alone had been the value […]

Garibaldi’s first transaction epitomizes the value we are here to deliver Canada-wide to technology companies in the coming years. We worked with Shahrzad Rafati, founder & CEO and Hamed Shahbazi, Advisor & Investor, for nearly three years before the formal capital raise began. We helped with finance and growth strategy, facilitated investor and advisor introductions, […]

It’s difficult to do justice to a subject so vast in a single post, and I won’t try. What I’ll aim to cover here are some foundational thoughts detailing the relationship between metric tracking and measurement inside an organization, and the related development of a pro-forma financial model in the go-to-market preparation for either a fund-raising, or a […]

Solid piece by Karl Antle over at ValueStream Labs. Sets forth a similar shift in private equity investing that we espouse for ‘Transaction Advisory 2.0’: success at a fund level distills to superior access, and superior access distils down to a proven reputation for superior service. We argue the same: success in transaction advisory shifts from […]