Last May, Silversmith Capital Partners led a CAD$95 million investment into PDFTron. And the growth equity deal continues to make waves here in our backyard of Vancouver, BC, having placed fifth on an informal top ten list of British Columbia’s largest 2019 tech financings.
Local tech news service T-Net compiles its top ten list from deals it reports on throughout each year. Over 200 reported financings competed for a top spot on BC’s 2019 list including some of BC’s largest tech investments ever in what has proven a windfall year. According to T-net, BC captured over $2 billion in confirmed private equity and public financings in 2019 -- with the 10 largest deals raking in over $1.4 billion.
We’re proud of earning SIlversmith’s backing -- but more importantly, excited about how it helps us continue to serve our customers with innovative PDF, MS Office, and CAD capabilities and the best customer support in the industry.
Placing fifth in a competitive year ultimately highlights the importance of the Silversmith deal -- a significant vote of confidence in the ability of Canadian tech and a local BC company to grow and capture international market share.