2 publicly disclosed transactions where CPS Capital played an advisory, financing or investing role, most recent first.
May 15, 2024
CloudMD Software & Services Inc. (now Kii Health)
Acquirer · Healthcare services and digital health
Buyer CPS Capital (through an affiliate; CPS Partners Fund IV and Fund V) · Seller Public shareholders
Go-private of TSXV-listed CloudMD at C$0.04 per share (about C$12.2 million of equity) by court-approved plan of arrangement; the company had flagged going-concern liquidity risk. Shares were delisted from the TSX Venture Exchange after 10 July 2024, and the business now operates as Kii Health.
May 15, 2024
CloudMD Software & Services Inc.
Acquirer · Digital Health
Buyer CPS Capital
CPS Capital agreed to take CloudMD private for C$0.04 per share by plan of arrangement.