Current Archives
2023-02-07
Jobber Secures US$100 Million in Series D Funding Round
Jobber, a leading provider of operations management software for home service businesses, today announced it has raised $100 million USD in primary capital led by global growth equity investor General Atlantic. The Series D round also includes participation from Jobber's existing investors Summit Partners, Version One Ventures, and Tech Pioneers Fund. The financing is anticipated to support the co More...
2022-11-22
WorkJam Secures $50 Million in Series D Funding Round
Frontline Workforce App Is Helping Retail, Hospitality and Manufacturing Companies Engage, Upskill and Retain Talent in a Tight Labor Market More...
2022-01-25
Investissement Québec and the Fonds de solidarité FTQ partner with Claridge to invest in Quebec food processing companies
nvestissement Québec and the Fonds de solidarité FTQ have partnered with Claridge to create an investment vehicle to support Quebec food processing companies that show significant growth potential. T More...
2021-08-12
FreshBooks officially breaks the $1B valuation and becomes a unicorn following a Series E
FreshBooks, a Toronto-based cloud accounting software company focused on SMBs, announced it has secured US$80M in a Series E led by existing backer Accomplice, as well as US$50M in debt financing. The capital will be allocated for sales and marketing, R&D and additional strategic acquisitions. More...
2021-08-03
WorkJam receives a US$35M growth financing from Silver Lake Waterman
WorkJam, a leading provider of frontline solutions that enable the digital workplace, announces a US$35M growth financing from Silver Lake Waterman. The investment will be used to fuel WorkJam’s growth amid accelerating adoption of its Digital Workplace platform. More...
2021-01-12
Jobber brings home a US$60M round has it reaches the 100K users milestone
Jobber, a leading provider of home service management software, today announced a $60 million USD growth equity round led by global growth investor Summit Partners. This round will support continued investment in R&D, hiring, customer acquisition, and will help to further accelerate the company’s rapid growth. More...
2020-06-29
Philips expands its remote clinical collaboration offering based on the Reacts platform
Philips announced that it is expanding its remote clinical collaboration and virtual training offerings across its portfolio, building on the Reacts collaborative platform. More...
2020-04-06
Claridge participates in WorkJam’s US$50M financing round
Claridge participates in a $50M Series C investment in WorkJam, a leading provider of frontline solutions that enable the digital workplace. This latest round will allow the Montreal-based company to innovate, expand geographically, and solidify its position in the market. More...
2020-01-15
Claridge participates in US$225 million investment in the innovative California-based company Califia Farms
Claridge participates in US$225 million investment in the innovative California-based company Califia Farms, which manufactures and markets plant-based beverages and foods. More...
2019-10-01
The Champlain Seafood platform acquired Captain Dan's Seafood with the financial support of Claridge Inc.
Claridge has made a strategic investment in support of the plan to create a world-class seafood processing and marketing platform based in Canada. More...
2019-09-24
D-Fend Solutions' EnforceAir has demonstrated unmatched abilities to successfully mitigate the growing threats of commercial drones.
Israeli counter-drone solution provider for urban environments D-Fend Solutions announced today that it has raised $28 million in funding led by Claridge Israel with participation by previous investor Vertex Israel. More...
2019-09-13
Jobber Ranks as the #2 Fastest-Growing Software Company by Canadian Business' 2019 Growth 500
Organization earns coveted spot on annual list based on its percentage sales growth of more than 10,000% over the last five years. More...
2019-08-22
FreshBooks raises a significant investment from JPMorgan Chase.
JPMorgan Chase made a strategic investment in the Toronto-based cloud accounting software. This round represents the most significant investment so far for FreshBooks. More...
2019-06-26
Jobber Expands Team by 70% and Continues Rapid Growth Across New Offices to Keep up With Customer Demand
Jobber announced the move of its Toronto and Edmonton headquarters into larger spaces to accommodate the growth of its workforce. More...
2019-06-13
Solotech strengthens its positioning in the United States with the acquisition of J Sound Services (JSS)
Martin Tremblay, President and CEO of Groupe Solotech Inc., is pleased to announce that Solotech has acquired the assets of JSS More...
2019-02-21
Tech firm Jobber hits it big by thinking little - as in plumbers, painters and electricians.
One of the companies in the Claridge Innovation Group portfolio is in the news. Jobber client businesses deliver about $4-billion worth of services to their customers annually. More...
2019-01-30
49th Parallel Coffee Roasters® and Claridge Announce Strategic Partnership
49th Parallel Coffee Roasters® and Claridge announce a strategic partnership. The investment will enable 49th, a leading specialty grade coffee company, to broaden its product portfolio, expand its footprint, and extend its reach to new distribution channels and markets. More...
2018-12-12
Ivanhoé Cambridge and Claridge launch a second $100-million vehicle for investing in Quebec
CDPQ's real estate subsidiary and the family office of Stephen Bronfman announce the creation of a second $100M investment vehicle for real estate projects in Quebec. More...
2018-12-11
OPG acquires Eagle Creek Renewable Energy
Ontario Power Generation finalized the acquisition of Eagle Creek Renewable Energy, an owner and operator of 63 small hydroelectric stations in 13 states, for US$298 million. Link More...
2018-11-28
Solotech acquires UK-based SSE Audio Group and confirms its global leadership
Solotech Inc. completed the largest transaction in its history by acquiring the UK-based SSE Audio Group More...
2018-06-05
Cyberbit Raises $30 Million Investment From Claridge Israel
Claridge Israel closed a new investment in the cybersecurity space with an investment of $30M in Cyberbit to support growth and help them expand internationally. Claridge Israel is the first outside investor in the company. More...
2018-05-03
Centraide of Greater Montreal's Campaign 2018
Stephen Bronfman will serve as co-chair of the campaign alongside Marie-Josée Lamothe, Managing Director of Branding at Google Canada. More...
2018-04-11
Emerging Entrepreneurs Contest Winners Announced
The contest recognizes and rewards Québec-based up-and-comers who contribute to the advancement of business by demonstrating remarkable creativity and innovation. More...
2018-03-30
Riding the Next Waves in Food & Beverage: 7 Defining Trends for the Industry
Claridge has been targeting the healthier segments of the food and beverage industry that are aligned with positive demand trends and that will impact the industry medium to long term. As part of our industry analysis, we regularly attend trade shows to get an overview of the trends shaping the North American industry. More...
2018-03-26
Montreal's Reacts Platform Selected by Global Leader Philips to Revolutionize Remote Collaboration in Portable Ultrasound
Innovative Imaging Technologies Inc. (IIT) is proud to announce that global health technology leader Philips has selected its Reacts collaborative platform for integration into the Philips Lumify portable ultrasound system, which will become the world's first integrated tele-ultrasound solution. More...
2018-02-16
Montreal-based B2ten is giving Canadian Olympians a better run for their money.
The citizen-led initiative is assisting Canadian Olympians reach their ambitious goals. More...
2018-02-08
Claridge eyeing new opportunities in the food and beverage sector
Claridge is hungry for more food and beverage deals after selling Les Plats du Chef. Future investments will target entrepreneurial firms in North America, especially those tied to growing trends in nutrition, health and wellness. More...
2018-02-07
The guard is changing at the Claudine and Stephen Bronfman Family Foundation
The founding executive director Nancy Rosenfeld is retiring at the end of 2018 after 20 years at the helm of the Foundation. More...
2018-02-07
Claridge seeks new food and beverage investments
Offers a differentiated partnership model
Montreal, February 7, 2018 - Claridge Inc., the family office of Stephen Bronfman, is pursuing new food and beverage investments through a differentiated partnership model. Claridge was early to identify growing demand for organic, specialty, ethnic, and convenience food. Future investments will focus on More...
2018-01-30
Busbud refuels its bus travel booking platform with $11M
Montreal-based travel booking platform Busbud has closed an $11M Series B round led by iNovia Capital. New investors backing the company include Teralys, Claridge and Plaza Ventures. Existing investor Real Ventures also participated in the round. More...
2018-01-16
Israeli cybersecurity company AlgoSec raises $36M
Claridge Israel has made a $36M investment in AlgoSec, a leader in business-driven firewall and network security policy management solutions, with exposure into high growth, cyber security management and enterprise software More...
2017-11-20
Entrepreneur Of The Year Family Business Award of Excellence
The Bronfman Family received the EY Entrepreneur Of The Year Family Business Award of Excellence More...
2017-07-20
FreshBooks Raises $43 million USD to Fuel Growth of Its New Platform in North America
A market leader in online billing and accounting for small businesses and independent professionals announces a major Series B funding. More...
2017-07-06
C.H. Guenther & Son Inc. Acquires Les Plats Du Chef Inc.
Claridge completes the sale of a leading premium frozen food and snack company. More...
2017-06-02
Martin Tremblay Joins Solotech
Solotech is pleased to announce the appointment of Martin Tremblay as the new President and Chief Executive Officer More...
2017-05-30
Committee will guide $100-million artificial intelligence hub in Quebec
The Quebec government launched a committee composed of academics and business leaders to guide the creation of an artificial intelligence research hub in Quebec. The 12-member committee will be co-chaired by Pierre Boivin, president and CEO of Claridge, and Université de Montréal rector Guy Breton. More...
2017-04-05
Congratulations to the Laureates of the Emerging Entrepreneurs Contest
This initiative sponsored by the Claudine and Stephen Bronfman Family Foundation recognizes and rewards Québec entrepreneurs who make a contribution to the evolution of business by demonstrating remarkably dynamic creativity and innovation. The 25 entrepreneurs will attend the C2-MTL conference. More...
2017-04-05
Canada counters Silicon Valley talent raid with fresh funding for AI
Pierre Boivin on Canadian AI 'superclusters': 'We need to quickly build teams arounds leaders, but more importantly build effective ecosystems that lead to Canada being a producer and exporter of AI'. More...
2017-03-29
It's time for Canada to invest in developing artificial intelligence
Today, the most transformative technology may be artificial intelligence. It is not only positioned to change the way we work and live; it is a made-in-Canada success. More...
2017-02-17
Airbnb buys Montreal-based Luxury Retreats to bolster high-end vacation offerings
Claridge exits Luxury Retreats investment. More...
2016-12-17
Claridge contributes to the economic growth of the province of Québec
Pierre Boivin, CEO & President of Claridge Inc, has been appointed Chairman of the board of the Quartier de l'innovation de Montréal More...
2016-12-17
Claridge: partner in Montreal's 375th anniversary celebrations as a Great Montrealer
More...
2016-09-13
ESTuaire Condos in Pointe-aux-Trembles - and we're off!
Montreal, September 13, 2016 - On Wednesday, September 14th a ceremony will kick off construction of ESTuaire condos in Pointe-aux-Trembles More...
2016-06-13
Innovative Imaging Technologies obtains $4 million in funding
Innovative Imaging Technologies has just received funding of $4M from 10 investors, including Claridge, for the development of its interactive video-collaboration platform: Reacts. More...
2016-06-10
Montréal, smart and digital city - Creation of Capital Intelligent Mtl
Claridge and 22 other firms make $100M available in private capital for the financing of innovative businesses and to contribute to the development of knowledge and employment creation in Montreal. More...
2016-05-24
Claridge and Ivanhoé Cambridge create a partnership to invest in real estate projects in the Greater Montreal region
Montreal, Quebec, May 18, 2016 - Claridge and Ivanhoé Cambridge announce today the creation of a partnership that aims to invest alongside private property developers in mid-sized real estate projects More...
2016-05-18
Caisse's Ivanhoé partners with Bronfman family's Claridge on Montreal real estate plan
Canadian pension fund giant Caisse de dépôt et placement du Québec and the Bronfman family's private equity firm Claridge are partnering in a new real estate development effort in the Montreal region. More...
2016-01-20
GigaSpaces Raises $20 Million to Seize Momentum in Hyper-Growth Cloud Market
As enterprise demand for agile cloud workload orchestration and real-time data analysis grows, GigaSpaces plans to leverage new funding to accelerate growth and market leadership. More...
2016-01-05
Center field: Charles Bronfman's catalytic philanthropy
On January 1, 2016, the Andrea and Charles Bronfman Philanthropies (ACBP) closed after three decades of miracle making, having "spent down" their capital, as planned. More...
2015-12-10
Montréal's 375th anniversary: Ten major partners stand together for Montréal
The Society for the Celebration of Montréal's 375th Anniversary is proud to announce the names of the ten companies and institutions that have agreed to join a collaborative movement. More...
2015-11-30
ESPACE MONTMORENCY: A $420-Million Investment in the Largest Commercial Real Estate Project Ever Built in Laval
In the centre of what is now referred to as Laval's "Cité du savoir et de la culture," MONTONI, Claridge and the FTQ are partnering on a bold $420 million development project. More...
2015-10-09
La Terra Fina USA Becomes an Affiliate of HP Hood LLC
Claridge Inc. is pleased to announce the sale of one of its portfolio companies, La Terra Fina USA, based in Union City, California, to an affiliate of HP Hood LLC. More...
2015-05-04
Ex-Habs chief bullish on Israeli economy
Pierre Boivin, CEO & president of Claridge Inc, spoke about the benefits of investing in the Israeli economy. More...
2015-03-25
How Lumenpulse fosters bright ideas about next-gen lighting
Lumenpulse, founded in 2006, stays ahead of the technology, customer demands and the competition by treating innovation as a concrete strategy. More...
2015-03-17
The UK's latest 'wonder material' is made from sugar beet
A Scottish start-up has developed a material made from carrots and sugar beet that it claims is twice as strong as carbon fibre. More...
2015-03-15
Quebec firm plans residences aimed at aging baby boomer population
Réseau Sélection's flagship project, in partnership with Claridge Inc. and Centria, is a $250-million multipurpose complex that includes condos, social housing and retail. More...
2015-02-12
Bronfmans are back in Israel after nine years, this time as technology investors
After a nine-year absence, Claridge is returning to Israel - this time as a technology investor. More...
2015-02-11
Caisse and Claridge join to invest in Israeli tech
The Caisse de dépôt et placement du Québec is joining Claridge Inc. to invest in fast-growing Israeli high-tech and innovation companies. More...
2014-11-28
Solotech sets up in Toronto
Solotech announced a key step in its expansion plan of its Canadian activities with the acquisition of the Toronto-based company Midnite Hour Productions. More...
2013-11-06
A New Player in the World of Visual Design 4U2C
4U2C marks today its official entry in the world of visual design. At its helm are Yves Aucoin and Stéphane Mongeau who between them combine half a century of experience in the entertainment business. More...
2013-10-25
New Strategic Shareholders at Solotech
Claridge, Capital régional et coopératif Desjardins and Investissement Québec are the new strategic financial partners of Solotech. More...
2013-09-17
Eagle Creek Renewable Energy Raises Equity Capital for Growth Acquisitions
Eagle Creek Renewable Energy announced today that it has closed an equity financing of up to $100 million through a joint investment by Power Energy Eagle Creek LLC and Macquarie Funds Management. More...
2013-06-03
Tyson Foods Acquires Assets of California Food Company
Tyson Foods, Inc. continues to accelerate the strategic expansion of its value-added foods portfolio with the acquisition of the assets of Circle Foods, LLC. More...
2013-05-13
Stephen Bronfman
Stephen Bronfman the soon to be 50-year-old businessman, philanthropist and father of four discuss how he is big on family. And having roots. More...
2012-02-06
The Bassins du Havre: a vision is taking shape
Prével Group, Rachel Julien, Fonds immobilier de solidarité FTQ and Claridge, officially launched Pier 2 of the Bassins Development Project. More...
2011-08-03
Smart Balance Acquires Glutino Food Group
Smart Balance, Inc. announced the acquisition of Glutino Food Group, for $66.3 million, from Claridge Inc. More...
2011-06-17
Stephen Bronfman is betting big on Montreal's future
Stephen Bronfman discusses how he is decidedly optimistic about the future of Montreal-which, coming from a Bronfman, is good news for the city.  More...
2011-05-13
Canadiens president to lead PE firm Claridge
Pierre Boivin was confirmed as the new president of Claridge Inc., the family private-equity business founded in 1987 by Stephen's father Charles Bronfman. More...
2010-06-08
LE SEVILLE: it's a go!
Claridge Inc. and Prével are proud to announce that site preparation work for residential and commercial complex LE SEVILLE. More...
2010-04-12
Claridge and Prével join forces to revitalize the Seville Theatre block
Claridge and Prével have joined together to develop a residential complex of several hundred units of condominium apartments. More...
2006-08-19
The Other Bronfman
Stephen Bronfman speaks to Forbes Magazine about his storied name and his goals to invest in small businesses and giving back to charity. More...