Announced
Completed
Financials
Tags
Computer Hardware
robotics technology
Canada
Minority
Single Bidder
Domestic
Acquisition
Completed
Private
Friendly
Private Equity
Venture Capital
Synopsis
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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