Kensington Capital Partners Acquires ONE9, National Security and Defence Venture Capital Firm

Kensington Capital Partners has announced the acquisition of the venture capital investment business of ONE9, the Ottawa-based team led by founder and Managing Partner Glenn Cowan. Upon completion of the transaction, all ONE9’s future investment activities, including new funds and new direct investments, will be completed exclusively within Kensington. This strategic move establishes Kensington as a market leader for investments in national security technologies, including cybersecurity, as well as dual use and defense first technologies.

Bennett Jones acted for Kensington.

The Bennett Jones team was led by Curtis Cusinato and Christopher Travascio (M&A/Private Equity), and included Geoff Davis (Corporate) and Andrew Young (Tax). 

Read the transaction press release.