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Whitby, Ontario-based company startup 360incentives.com, Inc., which helps businesses set up and manage sales incentives programs for re-seller partners, create rebate programs for consumers as well as loyalty rewards, and field methods of payments, has attracted first-time venture capital financing.  OMERS Ventures, the venture capital arm of Canadian public sector pension fund OMERS, led the C$7.65 million round.  It was joined in the deal by Klass Capital and Round 13 Capital, both of which have recently raised new funds.
Accelerated Rehabilitation Centers, Inc., a platform portfolio company of OMERS Private Equity, has completed its acquisition of Momentum Physical Therapy, Inc., a two-clinic rehabilitation practice located in Chicago, Illinois. Accelerated Rehabilitation, also of Chicago, is a physical therapist owned and operated provider of outpatient rehabilitation services. OMERS bought the company from US private equity firm Gryphon Investors in 2011.
Clean-tech venture capital firm Emerald Technology Ventures announced the second closing of its third fund with a target size of €100 million. At the time of the closing, new European limited partners Evonik Industries, MAHLE and Cofisa (Sibelco) joined existing investors in the Emerald fund, which include ABB, Clariant, Sulzer and a range of family offices. With primary offices in Zurich, Switzerland and Toronto, Canada, Emerald  invests in early- and expansion-stage companies in the energy, water and materials sectors.
Muse Entertainment Enterprises, Inc., a Montréal-based film and TV production company which produces dramatic series, movies, mini-series and family programs for major networks around the world, has secured an investment from Canadian private equity firm Fonds de solidarité des travailleurs du Québec (FTQ).  The amount of the investment was not disclosed.
Homburg Invest, Inc., a Dartmouth, Nova Scotia-based manager, acquirer and developer of residential, commercial, retail and industrial real estate, has acknowledged a partial tender offer by private equity firm Catalyst Capital Group to holders of mortgage and other bonds. Homburg, which has been restructuring since 2007, is not in negotiations with Catalyst about the offer, nor has it been informed of its contents. Toronto's Catalyst specializes in control and influence investments in distressed and undervalued Canadian situations.
LifeLabs Medical Laboratory Services, Inc., a Toronto-based provider of community laboratory diagnostic and testing services, will acquire B.C. Biomedical Laboratories, Ltd. of Vancouver. No terms of the deal, which should be completed in Spring 2013, were disclosed. LifeLabs is a portfolio company of Borealis Infrastructure Management, the infrastructure arm of Canadian public sector pension fund OMERS. Borealis invested C$1.3 billion in LifeLabs in 2007.
Since its takeover by restructuring and special situations firm Hilco UK, Ltd., HMV Canada, Inc., a retailer of music, DVDs, Blu-ray, headphones and other products, has shown continued life and even growth, says a report by The Canadian Press. HMV Canada's situation was contrasted with the recent demise of former British parent HMV Group PLC, which sold the Canadian subsidiary to Hilco in 2011. At the time of the company's acquisition, priced at C$3.2 million, Hilco said it would invest a further C$25 million in working capital.
Dan Park has joined Azure Capital Partners in San Francisco and will seek out investment opportunities in Canada as a vice president, peHUB has learned. Previously, according to his bio, Park worked for tech focused investment bank Foros Group.
The Spartan Group has hired Michael A. Mitgang as a managing director and head of technology investment banking. Mitgang brings over 20 years of experience in investment banking and private equity and has participated in merger, acquisition, advisory and financing assignments for domestic and international clients. He has been an advisor and investor across all segments of the technology industry, including with both early- and late-stage companies in the US, Canada and Israel.
Free-to-play core gaming business Kabam, Inc. has acquired Vancouver-based Exploding Barrel Games, Inc. The terms of the deal were not disclosed. O’Melveny & Myers LLP represented Kabam on the deal.  Kabam is currently backed by a number of Silicon Valley investors, including Google Ventures, Pinnacle Ventures, Performance Equity and SK Telecom Ventures.
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