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Graham Partners led a CAD40m financing round in Kinova with participation from Export Development Canada.

Financials

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Transaction Value£23m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Computer Hardware

robotics technology

Canada

Minority

Single Bidder

Domestic

Acquisition

Completed

Private

Friendly

Private Equity

Venture Capital

Synopsis

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Graham Partners, a private investment firm, led a CAD40m financing round in Kinova, a developer of robotic solutions in the medical and industrial markets, with participation from Export Development Canada, an export credit agency. "Kinova is expected to benefit from Graham Partners' deep domain expertise in medical and industrial technology, as well as experience deploying automation solutions across its portfolio of advanced manufacturing and industrial technology businesses. Graham Partners will leverage its industry resources, operational expertise, and commercial knowledge to support Kinova's growth," Charles Deguire, Kinova President and CEO.

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