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Round13 Capital Completes Acquisition of TIMIA Group from Montfort Capital, Expanding Offering to Include Venture Debt

Newswire.ca - Mon Nov 4, 2024

TORONTO, Nov. 4, 2024 /CNW/ - Round13 Capital ("Round13"), a leading Canadian venture and growth-stage investment firm, today announced the successful completion of its acquisition (the "Transaction") of TIMIA Capital ("TIMIA"), an established venture debt platform, from Montfort Capital Corp. ("Montfort") (TSX-V:MONT). Round13 is well positioned to support TIMIA as it grows to become a best-in-class technology lender. While the two businesses will remain independently managed, they will collaborate on business development, underwriting, portfolio company support, and fundraising efforts. Collectively, Round13 and TIMIA will be able to offer compelling capital solutions to leading entrepreneurs in Canada and across North America.

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