Desjardins Capital Markets and Investissement Québec led a financial transaction of $46 million for online Canadian grocer Goodfood Market, which includes a $27.5 million revolving facility, a $12.5 million term loan and $6 million in additional short-term financing.
CIBC Innovation Banking provided a $15 million growth capital financing to AlayaCare. The debt facility will support AlayaCare’s plan to increase its presence in North America and Australia.
Investissement Québec closed a C$10 million ($7.35 million) subordinated secured term loan for Birks Group. The new term loan is subordinated to the company’s existing senior secured revolver facility with Wells Fargo Capital Finance Canada and Crystal Financial.