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Canadian mezzanine firm Crown Capital Partners provided a C$20 million debenture to Genalta Power Inc., a clean electricity generation company providing waste energy to power applications. The financing will go toward the company's continued expansion.  The privately-owned, Calgary, Alberta-based Genalta also obtained mezzanine debt financing in May, 2012.
Cytochroma, Inc., a pharmaceuticals company engaged in the development and commercialization of products to treat and prevent the consequences of illnesses related to vitamin D deficiency, will be acquired by OPKO Health, Inc. for an undisclosed amount. Markham, Ontario's Cytochroma has a history of venture capital investment dating back to its seed financing in 1997. Backers have included BDC Venture Capital, Caisse de dépôt et placement du Québec, GeneChem, GrowthWorks, Mitsubishi Tanabe Pharma Corp., Novo A/S, T2C2 Capital, VenGrowth Private Equity Partners and VentureLink.
Real Matters Inc.'s US-based subsidiary Solidifi acquired New York real estate appraiser Kirchmeyer & Associates LLC.  The price of the transaction was not disclosed.  The Markham, Ontario-based Real Matters has received investments from venture capital and private equity firms since 2008.  The company's backers include Whitecastle Investments and Wellington Financial LP.
Boca Raton, Florida's Host.net, Inc., a global provider of network infrastructure services focusing on colocation, cloud computing and storage, has been acquired by Novacap Technologies III LP, managed by Canadian private equity firm Novacap, in partnership with the company's management team.  The financial terms of the transaction were not disclosed.
Hortau, Inc., a St-Romuald, Québec-based company specializing in advanced solutions designed to simplify the irrigation process, has secured C$3 million in funding from Avrio Capital. Since 2006, Hortau has been backed by such venture capital firms as Capital Financière agricole, Desjardins Capital de risque and Telesystem. Avrio, which focuses on late-stage investments in the innovative food and agriculture sector, completed the second close of its Avrio Ventures LLP II in 2012.
Pension fund manager Caisse de dépôt et placement du Québec has invested U.S.$500 million in a portfolio of 1,500 megawatts of wind farms across the United States and Canada, including the Le Plateau farm in the Gaspésie region of Québec.  The wind farm projects are managed by the Chicago, Illinois-based Invenergy LLC, an owner and operator of diverse power generation facilities.  Invenergy will retain majority ownership following the transaction.
U.S. private equity firm Hammond, Kennedy, Whitney & Co. (HKW) completed a recapitalization in late December 2012 involving a Brantford, Ontario-based company Brant Screen Craft Inc.  Brant Screen Craft, founded in 1963, specializes in the printing of signs and displays used by North American business clients in retail, restaurant and automotive sectors.  HKW has become increasingly active in the Canadian market in recent years, acquiring the Edmonton, Alberta-based Royal Camp Services, Ltd. from TriWest Capital Partners in November, 2011.
US private equity firm Marlin Equity Partners has acquired Vivonet, Inc., a Vancouver, British Columbia-based point of sale software and systems business for the restaurant industry. No financial terms were disclosed. Prior to Marlin Equity's acquisition, Vivonet was venture-backed. Among the company's Canadian investors since 2005 have been Discovery Capital Corp., Greenstone Venture Partners, Maxam Capital Corp. and Roynat Capital.
Onex Corp. has announced the promotion of Josh Hausman to the role of Managing Director. Mr. Hausman previously held the position of Principal at Onex, which he joined in 2004. His work at the Canadian buyout firm has chiefly focused on healthcare-related investments, including Emergency Medical Services Corp. (2005) and ResCare, Inc. (2004).
Brookfield Asset Management has purchased warrants held by hedge fund manager Pershing Square Capital Management for shares in Chicago shopping mall owner General Growth Properties Inc. for US$271.9 million. Brookfield, which as part of the transaction agreed not to exceed a 45% stake in the company for four years, also offered the board of directors the ability to acquire the same warrants in the next 30 days.  In 2010, Brookfield, Pershing Square and other firms made a major investment in General Growth Properties to facilitate the company's emergence from bankruptcy.  

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