Private Equity’s Impact Across Canada
Many iconic Canadian brands have been built with the help of private equity; these include Roots, Canada Goose, Lululemon, Goodlife Fitness, Sleep Country, Sunquest, Mark’s Work Wearhouse and Cirque du Soleil to name but a few.
But while these big names capture attention, 90% of Canadian businesses are small to medium-sized and many will rely on private equity as a strategic partner for their growth.
In communities from coast-to-coast, these investments assist entrepreneurs in expanding their businesses and enabling them to compete in a global market. This partnership is more than a simple injection of capital. For it to be successful, it must be based on a joint vision for growth that includes both the strategy and the dollars required to reach that goal.
While private equity firms are not business operators, they bring perspective, industry expertise, strategic insights, governance and have enough distance to see the bigger picture, while being close enough to oversee operations and how the strategic plan is implemented.
Like any relationship, the coming together of an independent business with a private equity firm must be based on a deep understanding and common agreement on the business direction.
Canadian Private Equity At Work
Real life examples
I joined the CVCA a year ago with limited knowledge of private capital. I had been exposed to venture investing, to some degree,…
It was an interest and expertise in mechanical services that led Peter Harteveld to co-found CustomAir in his Metro Vancouver…
Photo from bestar.ca. It was nearly two years after selling his door manufacturing business to Masonite International Corp. that…