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New Deal


Announced

Completed

BDC Capital and Climate Innovation Capital led a $23m financing round in Manifest Climate.

Financials

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Transaction Value£18m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Friendly

Completed

software development

Private

Single Bidder

climate risk

Canada

Domestic

Minority

IT Services: Other

Private Equity

Synopsis

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BDC Capital and Climate Innovation Capital led a $23m financing round in Manifest Climate, a Climate Risk Planning platform, with participation from OMERS Ventures, Golden Ventures, Garage Capital, Active Impact Investments, Klass Capital and Bryker Capital. “Solutions that enable the decarbonization of the economy is what we search for, fund and help grow, and Manifest Climate is smartly aligned with that purpose. Manifest has the management team, the domain expertise and long-term vision needed to empower organizations to establish, enhance and execute climate strategies that will drive meaningful climate mitigation,” Nelson Switzer, Climate Innovation Capital Co-Founder and Managing Partner.

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