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Stifel Canada

A broad range of strategies, aligned for your goals
Back to Canada Investment Banking Overview

About Investment Banking in Canada

Advisory and capital-raising services for leading public and private companies.

Stifel’s investment banking professionals are committed to serving the needs of Canadian companies through specialized expertise and strong relationships within our core industries. It is our fundamental belief that clients value genuine advice and long-term relationships, and we seek to provide these across a full range of products and sectors.

We are recognized as a leader in Canadian capital markets, with a focus on Consumer & Retail, Diversified Industries, Financial Services & Financial Sponsors, Life Sciences & Healthcare, Metals & Mining, and Technology. We consistently rank among the top firms in Canada for both mergers & acquisitions advisory and common equity underwriting.

Learn more about our Global Investment Banking Practice

Focus, excellence, results. That’s our approach to every investment banking assignment at Stifel. Learn more about the power of our people and platform.

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Investment Banking Coverage

Consumer & Retail

The Consumer & Retail Investment Banking team provides a full suite of investment banking services from equity financings to mergers & acquisitions. We work domestically and also offer access to international markets through our colleagues in the U.S., UK and Europe.
Meet the Team

Digital Assets

Stifel is a leading franchise in the Blockchain and Digital Assets sector providing strategic advisory and capital-raising services designed to support growth companies and their investors during all stages of their development. The Digital Assets Investment Banking Group was established in 2017 and is an experienced partner with a track record of global success. The team works closely with Stifel’s financial services vertical, KBW, on select assignments to leverage the firm’s unrivaled expertise, especially in the burgeoning area of fintech.
Meet the Team

Diversified Industries

The Diversified Industries Investment Banking Group provides advisory and capital-raising services to companies and financial sponsors. The Group offers its clients advice and execution on mergers & acquisitions, access to public and private equity and debt capital, and other financial advisory services, including fairness opinions, in numerous industries ranging from aerospace and clean technology to engineering and logistics.
Meet the Team

Financial Services & Financial Sponsors

The Financial Services & Financial Sponsors Investment Banking Group provides a broad range of investment banking services to Canadian financial sponsors as well as to clients in the financial services sector, including: fintech companies, banks, specialty finance firms, insurers, broker-dealers, asset managers and REITs. We offer M&A origination and advisory services, general advisory, and debt & equity financings. We also work closely with Stifel’s financial services vertical, KBW, on select assignments to leverage the firm’s unrivaled expertise.
Meet the Team

Healthcare & Special Situations

Stifel is a leading franchise in the Life Sciences & Healthcare sector providing strategic advisory and capital-raising services designed to support growth companies and their investors during all stages of their development. Our areas of expertise include: Biopharma, Cannabis, Healthcare Services, Healthcare IT, Medtech, Psychedelics, and Tools & Diagnostics. The Life Sciences & Healthcare Investment Banking Group is an experienced partner with a track record of success in Canada and abroad including cross-listing capabilities with its U.S. and UK partners.
Meet the Team

Metals & Mining

With decades of combined experience and deep sector relationships, the Stifel Metals & Mining Investment Banking Group assists clients from multi-national producers to junior exploration companies across the commodity spectrum, with capital-raising and mergers and acquisitions advisory services in pursuit of their strategic goals.
Meet the Team

Quebec & Eastern Canada

Our dedicated team of Quebec based Investment Banking professionals have significant vertical expertise and a deep understanding of the Quebec, Ottawa and Atlantic Canada markets. We are able to provide access to U.S. markets through our Partners at Stifel and KBW, providing clients with strategic advisory and capital raising services.
Meet the Team

Technology

Offering a world-class combination of deep sector knowledge, strong industry relationships, and broad product expertise, our team provides clients with strategic advisory and capital-raising services designed to support growth companies and their investors during all stages of their development.

With more than 100 professionals working as an integrated team across North America and Europe, Stifel is one of the leading providers of capital-raising services to technology companies and technology-focused institutional investors.

Meet the Team

Notable Transactions

Kits Eyecare

C$ 11,418,750

Follow-on Offering

Co-Manager

Consumer & Retail | September 2024
Doman Senior Notes

C$ 265,000,000

Senior Notes

Left Bookrunner

Diversified Industries | September 2024
Exro Technologies Follow-on

C$ 25,000,150

Follow-on Offering

Sole Bookrunner

Diversified Industries | September 2024
Montage Gold Private Placement

C$ 180,000,000

Private Placement

Left Bookrunner

Metals & Mining | August 2024
Integra Follow-on

C$ 20,115,000

Follow-on Offering

Left Bookrunner

Metals & Mining | July 2024
Riot Platforms_Block Mining MA

$ 92,500,000

Mergers & Acquisitions

Advisor to Buyer

Digital Assets | July 2024
Hamilton Thorne

C$ 388,000,000

Fairness Opinion

Financial Advisor to the Special Committee

Healthcare & Special Situations | July 2024
Demecan_FrogHawley MA
Has Received an Investment from Frog Hawley

Sole Financial Advisor

Consumer | July 2024
PetValu

$ 175,023,950

Follow-on Offering

Co-Manager

Consumer & Retail | May 2024
Equispheres Convertible Preferred Stock 0424
Convertible Preferred Stock

Financial Advisor

Diversified Industries | April 2024
Lithium Americas Corp.

$ 275,000,000

Follow-on Offering

Co-Manager

Metals & Mining | April 2024
NervGen Pharma Corp Follow-on

C$ 23,011,788

Follow-on Offering

Joint Bookrunner

Healthcare & Special Situations | March 2024
Numinus Follow-on

C$ 6,000,000

Follow-on Offering
Biopharma | February 2024
Hut8_VPC MA
Mergers & Acquisitions

Financial Advisor

Digital Assets | February 2024
Summerland_ClearNorth MA

C$ 72,700,000

Mergers & Acquisitions
| February 2024
Cafe William_ Fonds
Mergers & Acquisitions

Financial Advisor

Food & Beverage | February 2024
Hive Private Placement

C$ 25,000,000

Private Placement

Joint Bookrunner

Technology | December 2023
Eurofase_BeachPoint MA
Mergers & Acquisitions

Advisor to Seller

Consumer & Retail | December 2023
Hut 8_US Bitcoin MA

$ 990,000,000

Mergers & Acquisitions

Financial Advisor

Digital Assets | November 2023
Stantec

C$ 287,531,625

Follow-on Offering

Co-Manager

Consumer & Retail | November 2023
Globalia_Smartbug_MA
Mergers & Acquisitions

Advisor to Seller

Software | October 2023
Allied Merger Corporation Private Placement

$ 267,280,430

Private Placement

Joint Bookrunner

Metals & Mining | August 2023
Ace Beverage_Corby MA

C$ 165,000,000

Mergers & Acquisitions

Advisor to Seller

Consumer Products | July 2023
Structurlam_Mercer M&A

$ 83,500,000

Mergers & Acquisitions

Advisor to Seller

Paper & Forest Products, Diversified Industries | June 2023
Exro Technologies

$ 34,931,250

Follow-on Offering

Joint Bookrunner

Diversified Industries | May 2023
PetValu

$ 150,314,500

Follow-on Offering

Co-Manager

Consumer & Retail | May 2023
Journey Energy Follow-on

C$ 17,500,000

Follow-on Offering

Sole Bookrunner

| March 2023
Megatech_Middleground MA
Mergers & Acquisitions

Advisor to Seller

Electronics & Industrial Technology | January 2023
ArgoBlockchain_Galaxy MA

$ 100,000,000

Has Sold Assets & Equipment

Financial Advisor

Technology | December 2022
Voti_Rapiscan MA
Mergers & Acquisitions

Advisor to Seller

Diversified Industries | December 2022
OpSens Follow-on

C$ 11,500,000

Follow-on Offering

Sole Bookrunner

Medtech | December 2022
Artemis Follow-on

C$ 175,005,000

Follow-on Offering

Co-Lead Manager

Metals & Mining | October 2022
Tamarack Follow-on

C$ 125,002,500

Follow-on Offering

Co-Manager

| September 2022
Tamarack Senior Notes

C$ 100,000,000

Senior Notes

Co-Manager

| September 2022
Medpharmex_Dechra MA

$ 260,000,000

Mergers & Acquisitions

Advisor to Seller

Healthcare Services | August 2022
Aurora Solar_BT Imaging MA

C$ 13,800,000

Mergers & Acquisitions

Diversified Industries | August 2022
Tidewater Restructuring

C$ 145,000,000

Refinancing

Financial Advisor to the Special Committee to the Board of Directors

| July 2022
Newcore Gold Follow-on

C$ 5,010,000

Follow-on Offering

Left Bookrunner

Metals & Mining | June 2022
Else Follow-on CMO

C$ 7,287,000

Follow-on Offering

Sole Bookrunner

Consumer & Retail | June 2022
Montage Gold Follow-on

C$ 20,000,000

Follow-on Offering

Left Bookrunner

Metals & Mining | June 2022
NG Energy Convertible Notes

C$ 17,047,000

Convertible Notes

Co-Manager

| May 2022
Well Health Follow-on

C$ 34,511,565

Follow-on Offering

Joint Bookrunner

HealthTech | May 2022
Poda_Altria_MA

$ 100,500,000

Asset Sale

Fairness Opinion

Cannabis | May 2022
Valens Follow-on March

C$ 32,343,743

Follow-on Offering

Joint Bookrunner

Consumer & Retail | March 2022
Rubellite Follow-on

C$ 25,311,500

Follow-on Offering

Co-Manager

| March 2022
Tamarack Valley Follow-on 02/22

C$ 200,000,000

Senior Notes

Co-Manager

| February 2022
Chefeng Gold_Golden Star M&A

$ 470,000,000

Mergers & Acquisitions

Advisor to Chifeng

Metals & Mining | January 2022
Adventus Follow-on

C$ 33,532,415

Follow-on Offering

Co-Manager

Metals & Mining | January 2022
Nomad Follow-on

C$ 42,542,500

Follow-on Offering

Co-Manager

Metals & Mining | January 2022
Tribe_Round13 M&A
Has Received a Minority Investment

Financial Advisor

Technology | January 2022
Tribe Private Placement

C$ 21,000,000

Private Placement

Sole Bookrunner

Technology | January 2022
Fiore Gold Fairness Opinion

C$ 195,000,000

Fairness Opinion

Advisor to the Special Committee of the Board of Fiore Gold

Metals & Mining | January 2022
PrairieSky Follow-on 11/21

C$ 230,071,000

Follow-on Offering

Co-Manager

| November 2021
Wellhealth

C$ 65,000,000

Convertible Notes

Co-Lead Manager

HealthTech | November 2021
Wildpack_KT M&A

$ 37,260,000

Mergers & Acquisitions

Advisor to Buyer

Diversified Industries | November 2021
Wildpack Follow-on

C$ 22,000,000

Follow-on Offering

Sole Bookrunner

Diversified Industries | November 2021
Wildpack Convertible Debentures

C$ 20,000,000

Convertible Debentures

Sole Bookrunner

Diversified Industries | November 2021
Critical Elements Follow-on

C$ 26,101,250

Follow-on Offering

Joint Bookrunner

Metals & Mining | November 2021
Hive Private Placement

C$ 100,020,000

Private Placement

Sole Bookrunner

Technology | November 2021
Obsidian Follow-on

C$ 25,875,000

Follow-on Offering

Joint Bookrunner

| November 2021
Arizona Follow-on

C$ 49,831,250

Follow-on Offering

Left Bookrunner

Metals & Mining | October 2021
Ventripoint Follow-on

C$ 7,004,400

Follow-on Offering

Joint Bookrunner

Healthcare & Special Situations | October 2021
Else Follow-on Offering

C$ 17,307,500

Follow-on Offering

Joint Bookrunner

Consumer & Retail | October 2021
Crystal Peak Private Placement

C$ 5,949,680

Private Placement

Co-Lead Agent

Metals & Mining | October 2021
Topaz Follow-on 10/21

C$ 173,052,000

Follow-on Offering

Co-Manager

| October 2021
Greenbrook Follow-on

$ 13,200,000

Follow-on Offering

Joint Bookrunner

Healthcare Services | September 2021
Topaz Follow-on

C$ 108,150,000

Follow-on Offering

Co-Manager

| August 2021
Precision Senior Notes

$ 400,000,000

Senior Notes

Co-Manager

| June 2021
Wildpack

C$ 20,000,000

Follow-on Offering

Sole Bookrunner

Metals & Mining | June 2021
Monarch Mining Corporation

C$ 6,000,000

Private Placement

Joint Bookrunner

Metals & Mining | June 2021
Doman/Hixon

$ 375,000,000

Mergers & Acquisitions

Advisor to Buyer

Building Products | June 2021
Valens Follow-on

C$ 46,004,990

Follow-on Offering

Sole Bookrunner

Consumer Products | May 2021
Tricon Residential – Follow-on

C$ 175,000,000

Follow-on Offering

Joint Bookrunner

Real Estate | May 2021
Topaz Energy Follow-on

C$ 201,254,750

Follow-on Offering

Co-Manager

| May 2021
Millennial_Waterton – M&A

C$ 27,100,000

Mergers & Acquisitions

Advisor to Buyer

Metals & Mining | May 2021
EnerPlus/Hess 04-2021

$ 312,000,000

Mergers & Acquisitions

Advisor to Buyer

Energy & Natural Resources | April 2021
CanWel Senior Notes 04-2021

C$ 325,000,000

Senior Notes

Sole Bookrunner

Building Products | April 2021
CanWel Building 04-2021

C$ 75,000,000

Follow-on Offering

Joint Bookrunner

Building Products | April 2021
enerplus – Bruin M&A

$ 465,000,000

Mergers & Acquisitions

Advisor to Buyer

| March 2021
mdf Commerce 03-2021

C$ 80,000,000

Follow-on Offering

Sole Bookrunner

Software | March 2021
Parkit Enterprise 03-2021

C$ 40,261,500

Private Placement

Left Bookrunner

Real Estate | March 2021
OpSens Inc. 02-2021

C$ 25,000,000

Follow-on Offering

Sole Bookrunner

Biopharma | February 2021
Medexus Pharmaceuticals 02-2021

C$ 28,286,954

Follow-on Offering

Joint Bookrunner

Healthcare Services | February 2021
Neo Lithium 01-2021

C$ 30,195,000

Private Placement

Sole Bookrunner

Metals & Mining | January 2021
Parkit Enterprise 01-2021

C$ 60,000,000

Private Placement

Joint Bookrunner

Real Estate | January 2021
Enerplus Corporation 01-2021

C$ 132,250,000

Follow-on Offering

Co-Lead Manager

Energy & Natural Resources | January 2021
Monarch Gold/Ymana 01-2021

C$ 200,000,000

Mergers & Acquisitions

Advisor to Seller

Metals & Mining | January 2021
Eclipse Gold Mining Corporation 01-2021

C$ 22,559,000

Private Placement

Sole Bookrunner

| January 2021
Topaz Energy Corp 10-2020

C$ 263,128,000

Initial Public Offering

Co-Manager

Energy & Natural Resources | October 2020
Flow Water Inc. (GMP) 05-2020

$ 40,000,000

Private Placement

Financial Advisor

Consumer Products | May 2020
Currency volume represents full credit to each underwriter. All transaction announcements appear as a matter of record only. Stifel collectively refers to Stifel, Nicolaus & Company, Incorporated and other affiliated broker-dealer subsidiaries of Stifel Financial Corp.

Important Disclosures

Stifel Nicolaus Canada Inc. is a member of the Investment Industry Regulatory Organization of Canada and the Canadian Investor Protection Fund.

Stifel Canada Disclosures

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Visit CIPF.ca | Canadian Research | Disclosures

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Visit IIROC.ca | IIROC Advisor Report

Contact Stifel Canada

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