Executive Summary
We are excited to share the first edition of Fasken’s Exit InSights, a first-of-its-kind report analyzing Canadian venture capital-backed and high-growth technology company M&A trends. As Canada's most active law firm in mergers and acquisitions, we have drawn upon our firm’s significant volume of M&A transactions, alongside our in-depth knowledge we’ve accrued over more than 30 years of supporting the innovation ecosystem in Canada. We bring our wealth of knowledge to every new deal while continuing to set precedents, anticipate trends, and push the boundaries of innovation and growth.
Our team has meticulously gathered and analyzed data from deals during the 2019-2024 (Q1) period, offering you insights into the evolving tech M&A landscape. This report highlights key trends and analyzes over 250 deal points.
The dataset captures a broad spectrum of private M&A transactions in Canada’s tech sector, with an average deal size of $213.7 million. Notably, over three-quarters of these transactions fall within the mid-market range, between $50 million and $500 million. Just 2.5% of these transactions surpass the $1 billion threshold, highlighting the dominance of mid-market activity within the dataset.
The study highlights a number of data points from persuasive qualifiers to tax matters, download the full report for more. We hope our findings will be a valuable resource for acquirers, investors, founders, legal advisors and other stakeholders engaged in these transformative transactions.
