Private Company Investments

Our Investment Philosophy and Value Proposition

  • We are experienced operators.
    • We have owned & operated leading Canadian businesses in various industries for over 50 years.
  • We invest for the long term.
    • With no pre-defined investment horizon, we focus on partnering with exceptional management teams to sustainably grow businesses, both organically and through acquisition.
  • We are flexible, nimble, and independent.
    • As a family office, we work with our partners to make decisions and act quickly.
  • We limit leverage.
    • With a focus on investing in businesses with strong free cash flows, we avoid excessive amounts of debt.
  • We have built an extensive network.
    • Our proven history of investing across North America has resulted in deep relationships with local communities, government, and the wider business community.
  • We are professional partners.
    • Being backed by KVN, certainty of close is maximized while execution risk is minimized.

 

Our Investment Focus

  • Platform investments in fundamentally sound businesses with solid cash flows operating in industries with excellent prospects for long-term growth and add-on M&A opportunities.
  • We are industry-agnostic investors, with a strong preference for food & beverage businesses, including contract beverage manufacturing, contract packaging, and food manufacturing.  We will also consider investments in:
    • Industrial Products and Materials Manufacturing
    • Sports and Media
    • Info Tech and Communications
    • Household Products and Services
    • Business and Financial Services
    • Environmental & Development Services

 

Investment Criteria

  • EBITDA of $10MM+
    • Sweet spot between $20MM and $30MM EBITDA
  • Will consider prospects up to $200MM EBITDA
  • Equity investments of $75MM to $500MM+
  • Enterprise value of $100MM to $1Bn+
  • Will consider smaller add-on opportunities
  • North American headquartered businesses with Canadian operations
  • Strong management team
  • Strong and stable free cash flow
  • Control investments with like-minded partners
  • Long-term hold
  • Structurally flexible
    • Open to LBOs, carve-outs, take-privates, PIPEs, and other structures
  • Strong cash-on-cash returns