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The company said Clarus, on behalf of a group of underwriters, for the acquisition on a bought deal basis of 18.4 million stock at 65 Canadian cents each to raise the funds.It will also accept an over-allotment to secure an additional $C1.8 million.
The transaction is expected to be immediately accretive to Clarus' earnings per share.
16 May 2012 - Cenkos Securities Plc and Clarus Securities Inc have been mandated as co-lead agents for the private placement of EastCoal Inc's (CVE:ECX) units for CAD17m (USD16.8m/EUR13.2m) in aggregate gross proceeds, the Canada-based coal miner said on Tuesday.
20 January 2017 - Gaithersburg, MD-based payment services provider Clarus Merchant Services has acquired Asheville, NC-based electronic payment processing company North American Merchant Services (NAMS) as a continuation for its plan for North American expansion, the company said.
14 May 2012 - Clarus Securities Inc and AltaCorp Capital Inc are heading the group of underwriters in Phoenix Oilfield Hauling Inc's (CVE:PHN) common stock offering, the Canadian firm which provides specialised transportation services to the oil and gas industry said on Friday.
The round was led by Vatera Healthcare Partners and included existing investors, Clarus Ventures, New Leaf Venture Partners and 5AM Ventures.
Apart from Intuit, Peachtree sees its main competitors as Computer Associates International Inc subsidiary ACCPAC International Inc, Clarus Corp, Great Plains Software Inc, Platinum Software Corp and Solomon Software Inc.
M2 EQUITYBITES-October 4, 2018-Blackstone to acquire the life sciences investment firm, Clarus
On January 12, 2018, Quench acquired substantially all the point-of-use water filtration assets of Clarus Services and Watermark USA.
BANKING AND CREDIT NEWS-January 18, 2011--Canaccord Genuity, Clarus Securities lead Keegan Resources bought-deal financing(C)2011 M2 COMMUNICATIONS
The Series C financing was led by Clarus Ventures and included new investor Hatteras Venture Partners and existing investors Amgen Ventures, HealthCare Ventures, Latterell Venture Partners, Novitas Capital, Quaker BioVentures and the Vertical Group.
PerkinElmer's Clarus 600 MS, combined with the new Clarus 600 GC, ensures increased throughput and improved detection limits.