News & Insights

September 2024

Heather Smith Served on the Expert Panel at the Quebec Government’s “Pitch Perfect” Conference During ClimateWeekNYC

At Impact Hub New York Metropolitan Area, Quebec’s top innovators pitched their groundbreaking solutions aimed at building a sustainable and cleaner future. Heather Smith joined the expert panel alongside of highly regarded experts in the industry namely Serena McIlwain (Maryland Department of the Environment) and Kathleen Schmid (NYC Mayor’s Office of Climate & Environmental Justice).

June 2024

First Closing of Airex Energy Series D Funding Round

Source: Newswire

Airex Energy, a global leader in decarbonization technologies, announces the first closing of a Series D funding round, attracting investors from North America and Europe. This funding round includes increased cooperation from SUEZ, a global leader in circular solutions for water and waste, as the lead investor, along with renewed commitments from Cycle Capital, Fonds de solidarité FTQ and Investissement Québec, as an intermediary of the Québec government.

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April 2024

Ancoris Sponsors Cycle Capital’s ClimateTech Innovation Forum

At last week’s ClimateTech Innovation Forum hosted by Cycle Capital in Montreal in collaboration with BloombergNEF and in partnership with Fonds de solidarité FTQ, Heather Smith shared the stage with fellows climatetech experts, Grégoire Baillargeon from BMO Quebec, Elliot Greenstone from Davies Ward Phillips & Vineberg LLP, Gerd Goette from Cycle Capital, and Managing Partner Frank Verbeek from IMPROVED.

The event and panel offered a deep dive into the significant potential of the ClimateTech sector and opportunities in the private capital markets for these companies to access capital.

A big thank you to the Cycle Capital team (Andrée-Lise Méthot, Catherine Bérubé, Gerd Goette, Ankit Mishra, & the entire team) for organizing this impactful and highly relevant event, and to Musfika Mishi from BloombergNEF for moderating the interesting panel discussion.

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March 2024

RegTech Innovator GSS Secures $47 Million in Series A2 Funding Round

Source: GSS
Global Screening Services (GSS), a leading RegTech pioneer, announces the successful completion of its Series A2 funding round, raising over $47 million (approximately £37 million). Notable contributors include AlixPartners, Cynosure Group, and the latest addition, Commonwealth Bank of Australia (CBA).

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January 2024

Intel Announces Agreement to Acquire Silicon Mobility

Source: Intel Newsroom
Intel announces agreement to acquire Silicon Mobility SAS for advanced EV energy management and new AI-enhanced family of software-defined vehicle SoCs.

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November 2023

Heather Smith Was Once Again Invited to Participate in BDO’s Annual “Influential Women in Middle Market M&A”

Heather Smith joined a panel of over 40 powerful women in the financial markets. Participants included senior professionals from private equity, investment banking, and credit firms.

January 2023

Sanctions Screening FinTech GSS Raises €37 Million in First Funding Round as Former Vice Chair of Fed Joins Board

Source: Financial IT
RegTech innovator Global Screening Services (GSS) today announced the completion of a successful initial funding round, having raised over $45m / c.£37m from major investors, including AlixPartners, The Cynosure Group, and MUFG.

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October 2022

Secretary Blinken Visits Ancoris’ Client, Lithion Recycling, to Discuss Circular Economy of Critical Materials and North American Regional Competitiveness

Lithion Recycling (Lithion or the “Company”) is honored to have hosted today the US Secretary of State, Anthony Blinken, the US Ambassador to Canada, David L. Cohen, and the Minister of Foreign Affairs of Canada, the Honourable Mélanie Joly, to its lithium-ion battery recycling and material recovery facility in Montreal, Canada.

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October 2022

Ancoris Capital Partners Advises Lithion Recycling on Another Equity Financing

Ancoris Capital Partners acted as the exclusive financial advisor to Lithion Recycling Inc. on a significant equity financing. IMM Investment Global Limited (“IMMG”) led the financing with a co-investment from GM Ventures (the investment arm of General Motors). In connection with the financing, General Motors and Lithion have entered into a strategic partnership agreement to pursue a circular battery ecosystem using Lithion’s advanced battery recycling technology.

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September 2022

GM and Lithion Announce an Investment and Strategic Partnership Agreement to Pursue a Circular EV Battery Ecosystem

Source: News Wire
Lithion Recycling Inc. (“Lithion”) and General Motors Co. (NYSE: GM) today announced that GM Ventures, the automaker’s investment arm, has made a strategic investment in Lithion’s Series A financing round, supporting a new GM-Lithion strategic partnership agreement to pursue a circular battery ecosystem using Lithion’s advanced battery recycling technology.

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April 2022

Lithion Recycling Receives C$22.5 Million in Funding from Quebec Government

Source: Recycling Product News
Lithion Recycling Inc. has received C$22.5 million dollars in funding from the Quebec government, including a C$15 million equity investment in the company’s capital stock through Investissement Québec and C$7.5 million in grants from the Fonds d’électrification et de changements climatiques.

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March 2022

Heather Smith Invited to Participate in BDO’s 2022 “Influential Women in Middle Market M&A”

Heather Smith joined 50 other senior women dealmakers consisting of private equity, investment banking and lending professionals at BDO’s “Influential Women in Middle Market M&A”.

January 2022

Lithion Recycling Enters a Partnership with IS Dongseo Company for an Exclusive License of its Lithium-ion Battery Recycling Technology in South Korea

Source: Business Wire
Lithion Recycling, Inc. (“Lithion”) is proud to announce it has reached an agreement with IS Dongseo Company Ltd (“ISD”), a Korea-based leading ESG company with an environmental business segment, for an exclusive business right for the use of its lithium-ion battery recycling technology on the Korean market.

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January 2022

Lithion Recycling Announces the Closing of a First Significant Tranche of up to C$125 Million Series A Financing Led by IMM Investment Global and Supported by Fondaction

Source: Business Wire
Lithion Recycling Inc. (“Lithion” or the “Company”) is proud to announce it has reached financial close of a first tranche of Series A equity with a strategic group of investors led by IMM Investment Global Limited (“IMM Global”) and supported by Fondaction and its managed fund, the LCC Fund. The size of the first round is expected to reach up to C$125 million. IMM Global will join the Company’s Board of directors as a result of their significant investment.

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March 2021

Ancoris Capital Partners Advises Aledia on a €20 million Follow-on Equity Financing

Ancoris Capital Partners acted as the exclusive financial advisor to Aledia on its €20 million follow-on equity financing completed with undisclosed parties. This financing represents the second transaction that Ancoris has completed for Aledia in the last several months and complements the €80 million raise completed with Société de Projet Industriel (“SPI”), Intel Capital and other existing investors in October 2020.

February 2021

Heather Smith Invited to Participate in “Mergers & Acquisitions’ Most Influential Women Speak”

Heather Smith joined other senior women executives in Mergers & Acquisitions’ Most Influential Women Speak event. The 2-day virtual conference included keynote presentations, fireside chats, interactive panel discussions, and breakout sessions with female dealmakers, including private equity partners, investment banking directors and other advisory decision makers.

December 2020

The Mochi Ice Cream Co. and Lakeview Capital Inc. Announce a Strategic Partnership With Bregal Partners

Source: Business Wire
The Mochi Ice Cream Co., makers of My/Mo Mochi Ice Cream and the largest branded manufacturer of mochi ice cream in North America, and its majority owner, Lakeview Capital, Inc., announced a closing of a financing in partnership with Bregal Partners, a New-York based private equity firm focused on investing in middle market companies within consumer and food sectors and committed to promoting corporate social responsibility in all aspects of its business.

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October 2020

Aledia, French Developer of Next-Generation microLED Displays For High-Volume Consumer Markets, Announces €80M Closing

Source: Business Wire
Company closes first of 3 tranches in Series D round. Backing will be used to complete product development near Grenoble and create a new display manufacturing facility based on Aledia’s proprietary technology of 3D microLEDs.

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August 2020

Ancoris Capital Partners Advises Enerkem on Follow-on Financing of Senior Convertible Notes Completed by Aegon

Ancoris Capital Partners acted as the exclusive financial advisor to Enerkem Inc. (“Enerkem”) on a follow-on financing of Senior Convertible Notes completed by Aegon. This investment complements the Senior Convertible Notes placed by Ancoris to Avenue’s Sustainable Solutions Fund and BlackRock in April 2020.

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July 2020

Heather Smith Selected to Participate in BDO’s “Influential Women in Middle Market M&A” Series

Heather joined approximately 50 other senior women in investment banking and private equity to participate in a BDO sponsored event to share market insights.

April 2020

Ancoris Capital Partners Advises Enerkem on the Issuance of C$40 million of Senior Convertible Notes

Ancoris Capital Partners acted as the exclusive financial advisor to Enerkem Inc. (“Enerkem”) on its C$40 million Senior Convertible Note financing from Avenue’s Sustainable Solutions Fund and BlackRock.

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December 2019

Ancoris Capital Partners Advises Associated Supermarket Group

Ancoris Capital Partners is pleased to announce that its client, Associated Supermarket Group, LLC (“ASG”), has completed a comprehensive debt recapitalization.

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May 2019

Heather Smith Speaks at the Global M&A Network Restructuring Distressed Investing 11th Annual Intelligence Forum

Heather discussed investing in distressed and/or special situation companies in the middle market. Given the large amount of liquidity currently on the sidelines, Heather described the need for creativity in structuring financial solutions for clients.

May 2019

Heather Smith Interviewed by Margaret Butler of Ice Miller Law Firm for Podcast on Women Founded Businesses

Heather shared her perspective on Wall Street from her 23-year career. She also discussed how the timing was perfect to launch Ancoris Capital Partners, a specialty advisory company to raise equity capital for private companies.

April 2019

It All Starts with Culture, Heather Smith Interviewed on Gotham Gal’s Podcast

Source: Gotham Gal
Heather discussed launching Ancoris Capital Partners, the history of private capital raising, and the importance of getting the culture right when building an investment bank.

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March 2019

Heather Smith Speaks at the 20th Annual Women in Business Conference “Moves That Matter” at Fordham University’s Graduate Business School

Heather talked about the current economic environment and the key financial market drivers that led her to found Ancoris Capital Partners. Heather shared professional advice from her successful 23 years on Wall Street.

June 2018

Heather Smith Named One of the Most Influential Women in 2018 in Mid-Market M&A

Source: Mergers & Acquisitions
The challenges women face in achieving top-tier status in financial services are particularly acute in the middle market, where women account for approximately 14 percent of all dealmakers. These women, 35 of the Most Influential Women In Middle Market M&A, have stood the test of time and adversity.

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June 2018

What are the Current Trends in Structured Equity? Heather Smith Speaks with Private Debt Investor

Source: Private Debt Investor
Heather spoke with Private Debt Investor about current trends in structured equity and how new offering terms in some preferred securities can provide additional downside protection for investors.

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