North American Energy Partners
Post in 2025
North American Energy Partners Inc. (NAEPI) provides a range of heavy construction and mining and pipeline installation services to customers in the Canadian oil sands, industrial construction, commercial and public construction and pipeline construction markets. The Company’s primary market is the Canadian oil sands, where it supports the customers’ mining operations and capital projects. NAEPI provides services through all stages of an oil sands project’s lifecycle, its core focus is on providing recurring services, such as contract mining, during the operational phase. During the fiscal year ended March 31, 2012 (fiscal 2012), recurring services represented 87% of the oil sands business. The Company’s business segments include heavy construction and mining and pipeline. In July 2013, the Company announced that it has completed sale of its Piling businesses to Keller Group plc.
Doman Building Materials Group
Post in 2025
Doman Building Materials Group is a prominent Canadian wholesale distributor specializing in building materials, home renovation products, and hardware. The company serves various sectors, including new home construction, home renovation, and the industrial market, supplying a diverse range of products to retailers, lumberyards, and home improvement centers. Doman's extensive product line includes structural, exterior, interior, and specialty items designed to meet the needs of builders and homeowners engaged in new construction, repair, and remodeling projects. Additionally, the company is involved in timber ownership and manages private timberlands and forest licenses, offering services such as agricultural post-peeling and wood pressure treating. Doman Building Materials Group operates primarily in Canada and the United States, emphasizing quality and value across all its offerings.
Intact Insurance
Post in 2024
Intact Insurance, established in 1809, is a prominent Canadian insurance company offering a wide array of property and casualty insurance products. It provides personal lines such as auto, home, and recreational vehicle insurance, as well as commercial lines for small to medium-sized businesses. These include commercial property, liability, and vehicle insurance, catering to diverse industries like retail, manufacturing, and contracting. Intact Insurance distributes its products through a network of brokers, independent agencies, and directly to consumers under brands like Intact Insurance, belairdirect, and Brokerlink. The company is a subsidiary of Intact Financial Corporation and is headquartered in Toronto, Canada.
Doman Building Materials Group
Post in 2024
Doman Building Materials Group is a prominent Canadian wholesale distributor specializing in building materials, home renovation products, and hardware. The company serves various sectors, including new home construction, home renovation, and the industrial market, supplying a diverse range of products to retailers, lumberyards, and home improvement centers. Doman's extensive product line includes structural, exterior, interior, and specialty items designed to meet the needs of builders and homeowners engaged in new construction, repair, and remodeling projects. Additionally, the company is involved in timber ownership and manages private timberlands and forest licenses, offering services such as agricultural post-peeling and wood pressure treating. Doman Building Materials Group operates primarily in Canada and the United States, emphasizing quality and value across all its offerings.
WELL Health Technologies
Post in 2024
WELL Health Technologies Corp. is a Canadian healthcare technology company that operates a network of primary healthcare facilities and provides a range of digital health services. The company offers a Practitioner Enablement Platform that includes electronic medical records (EMR), telehealth services, revenue cycle management, and cybersecurity solutions to enhance patient engagement and streamline operations for healthcare providers. As of September 2020, WELL Health managed 20 medical clinics and served approximately 2,000 clinics across Canada with its EMR software. The company is focused on empowering healthcare professionals by reducing administrative burdens, allowing them to dedicate more time to patient care. In addition to its Canadian operations, WELL Health has expanded its portfolio internationally, recently acquiring the German EMR company Doctorly. Founded in 2010 and headquartered in Vancouver, WELL Health is committed to leveraging innovative technologies to improve healthcare delivery and outcomes.
Keyera Corp. is a midstream energy company based in Alberta, primarily engaged in the oil and gas sector. It operates through two main business units: Gathering and Processing, and Liquids. The Gathering and Processing unit focuses on the collection and processing of raw natural gas, utilizing a network of over 4,000 kilometers of pipelines and numerous active gas plants to remove waste and separate valuable components. The Liquids unit encompasses two segments: NGL Infrastructure, which includes facilities for processing, fractionation, storage, and transportation of natural gas liquids, and Marketing, which involves the sale of products such as propane, butane, iso-octane, and crude oil. Keyera plays a crucial role in the midstream operations, facilitating the transition of energy products from upstream production to downstream markets.
Orla Mining Ltd. is a mineral exploration and development company based in Vancouver, Canada, focused on acquiring, exploring, and developing mineral properties. The company primarily targets gold, silver, zinc, lead, and copper deposits. Orla owns 100% of the Camino Rojo project, which spans approximately 160,000 hectares in Zacatecas, Mexico, and the Cerro Quema gold project located in Panama. Additionally, Orla holds an option to acquire the Monitor Gold project in Nye County, Nevada. The Camino Rojo project is notable for its advanced open-pit and heap leach operations, with significant estimated mineral reserves. Since its incorporation in 2007, Orla has established itself as a key player in the mineral exploration sector, with operations across Mexico, Panama, and the United States.
AltaGas Ltd. is a diversified energy infrastructure company operating in North America, with a focus on natural gas and power. The company is structured into three primary segments: Utilities, Midstream, and Power. The Utilities segment manages regulated natural gas distribution utilities across several states, serving approximately 1.7 million customers, and also provides interstate transportation and storage services. The Midstream segment is involved in the gathering, processing, and marketing of natural gas and natural gas liquids, holding significant processing capacity and interests in regulated pipelines primarily in the northeastern United States. Finally, the Power segment generates and sells electricity and offers energy storage and retail power marketing services in regions like Alberta, California, and Colorado, with a total operational capacity of 710 megawatts. Founded in 1994 and headquartered in Calgary, Canada, AltaGas aims to capitalize on the dynamics of supply and demand in the energy sector, serving residential, commercial, and industrial customers in both Canada and the United States.
Intact Insurance
Post in 2023
Intact Insurance, established in 1809, is a prominent Canadian insurance company offering a wide array of property and casualty insurance products. It provides personal lines such as auto, home, and recreational vehicle insurance, as well as commercial lines for small to medium-sized businesses. These include commercial property, liability, and vehicle insurance, catering to diverse industries like retail, manufacturing, and contracting. Intact Insurance distributes its products through a network of brokers, independent agencies, and directly to consumers under brands like Intact Insurance, belairdirect, and Brokerlink. The company is a subsidiary of Intact Financial Corporation and is headquartered in Toronto, Canada.
Taiga Building Products
Post in 2022
Taiga Building Products Ltd. is a Canadian-based wholesale distributor of building materials, specializing in a diverse range of products for the construction industry. Established in 1973 and headquartered in Burnaby, Canada, the company offers composite decking, engineered wood products, laminate and vinyl flooring, insulation, dimension lumber, moldings, and various types of panels, including plywood and oriented strand boards. Additionally, Taiga provides roofing materials such as shingles and weatherproofing products, as well as siding, trim products, and pressure-treated wood. The company operates 15 distribution centers across Canada and 2 in Northern California, supported by reload stations in Eastern USA, ensuring that a tailored inventory is consistently available to meet market demands. Taiga serves 'big-box' retailers, building supply yards, and industrial manufacturers, with the majority of its revenue generated from Canadian operations, followed by sales in the United States.
Loblaw Companies
Post in 2022
Loblaw Companies Limited is Canada's largest food and pharmacy retailer, operating approximately 2,500 stores across the country. The company offers a diverse range of products and services, including groceries, pharmaceuticals, health and beauty items, clothing, and general merchandise. Its grocery operations feature well-known banners such as Loblaw, No Frills, and Maxi, while its pharmacy stores primarily operate under the Shoppers Drug Mart brand. In addition to brand-name products, Loblaw provides private-label options under the President's Choice and No Name brands. Beyond retail, the company engages in financial services, offering credit cards, insurance brokerage, and the PC Optimum loyalty program. Loblaw also promotes health and wellness through the PC Health app, which connects Canadians with healthcare resources. Founded in 1919 and headquartered in Brampton, Canada, Loblaw Companies Limited is a subsidiary of George Weston Limited.
Converge Technology Solutions
Post in 2022
Converge Technology Solutions Corp is a Canadian firm focused on establishing a national platform of regionally oriented IT infrastructure providers in the United States and Canada. The company specializes in delivering a range of advanced solutions, including multi-cloud offerings, blockchain technology, resiliency, and managed services. By connecting top-tier services and solutions, Converge addresses the diverse business and IT challenges faced by both public and private sector organizations.
Power Corporation of Canada
Post in 2022
Power Corporation of Canada is a diversified international management and holding company headquartered in Montréal, Canada. Established in 1925, it operates in various sectors, including financial services, renewable energy, and communications. The company has significant interests in life insurance, asset management, and investment advisory services through its subsidiaries, such as Lifeco and IGM Financial. Power Corporation offers a range of products, including life and disability insurance, annuities, mutual funds, and wealth management services. In addition to its financial operations, the company generates renewable energy from solar and wind facilities and is involved in manufacturing LED lighting solutions and zero-emission vehicles. Its portfolio includes a variety of businesses in sectors such as mineral-based specialty solutions, testing and certification, cement production, wines and spirits, and leisure parks. Power Corporation also holds minority stakes in other international companies, further expanding its investment reach.
Canadian Utilities
Post in 2022
Canadian Utilities Inc. is a subsidiary of ATCO, headquartered in Calgary, Alberta. The company specializes in the transmission and distribution of electricity and natural gas, operating primarily within Canada. It has two main segments: Electricity, which focuses on the transmission and distribution of electrical power and related infrastructure development in northern and central east Alberta, the Yukon, and the Northwest Territories, and Pipelines & Liquids, which handles natural gas transmission and distribution in the Lloydminster area of Saskatchewan. With a workforce of approximately 3,500 employees and assets totaling around $16 billion, Canadian Utilities serves a diverse range of customers, including municipal, residential, business, and industrial sectors. The company is committed to providing reliable utility services while also exploring advancements in energy infrastructure and sustainable energy solutions.
Superior Plus
Post in 2022
Superior Plus Corp. is a Canadian-based company that operates in the energy distribution and specialty chemicals sectors across Canada, the United States, and Chile. The company is organized into three primary segments: U.S. Propane, Canadian Propane, and Wholesale Propane, with the U.S. segment generating the majority of its revenue. Superior Plus provides a range of services including the wholesale procurement and distribution of propane, heating oil, and other refined fuels. Additionally, its Specialty Chemicals segment supplies essential chemicals such as sodium chlorate for the pulp and paper industries, as well as potassium and chlor-alkali products. Founded in 1996 and headquartered in Toronto, Superior Plus aims to deliver long-term stable dividends and value-based growth to its shareholders.
MSP Corp
Venture Round in 2022
MSP Corp focuses on acquiring and partnering with high-performing Managed Service Providers (MSPs) in Canada and the United States. The company aims to enhance these MSPs by providing essential resources, technology, and business support, thereby empowering them to deliver superior services. MSP Corp specializes in cloud computing, cybersecurity, and IT support, offering a range of technology, hardware, and software solutions. Additionally, it manages the financial and operational aspects of its partners to optimize their revenue and overall performance. By fostering collaboration and innovation, MSP Corp seeks to strengthen the capabilities of exceptional MSP teams.
Cannara Biotech
Post in 2021
Cannara Biotech is a vertically integrated producer of premium-grade cannabis and cannabis-derived products based in Quebec, Canada. The company operates the largest indoor medical cannabis cultivation facility in the region, encompassing a modern 625,000 square foot space. Cannara Biotech focuses on the cultivation, processing, and sale of organic cannabis products, including infused medical items and dried flowers. It employs a supercritical carbon dioxide extraction method to produce clean and potent cannabis oil that maintains a full spectrum of cannabinoids and terpenes. The company serves both consumers and premium brands, aiming to distribute its products across Canada and into international markets. In addition to its cannabis operations, Cannara Biotech has a real estate segment related to its facilities, contributing to its overall business model.
Orezone Resources
Post in 2021
Orezone Gold Corporation (ORE:TSX) is a Canadian exploration and development company with a gold discovery track record of +12 Moz and recent mine development experience in Burkina Faso, West Africa. The Company owns a 100% interest in Bomboré, the largest undeveloped oxide gold deposit in West Africa that can be developed in phases to reduce capital expenditure requirements. The deposit is situated 85 km east of the capital city, adjacent to an international highway. The Company announced the highlights of its NI 43-101 Compliant Bomboré Feasibility Study in April 2015 and submitted its application for a mining permit in May 2015. Pending permitting and full project financing, production could commence as early as the end of 2017. The Company's mission is to create wealth for its stakeholders by discovering and mining the earth's resources in an efficient, responsible manner.
The Valens Company
Post in 2020
The Valens Company is a biotechnology firm based in Kelowna, British Columbia, that specializes in the development and manufacturing of cannabinoid-based products. Founded in 2010, the company offers a diverse range of extraction methods, including CO2, ethanol, hydrocarbon, solvent-less, and terpene extraction. Valens provides analytical testing and product formulation services, positioning itself as a key partner for both Canadian and international cannabis brands. Its product line includes tinctures, capsules, beverages, and vape cartridges, catering to a wide audience of medical and recreational cannabis users. The company operates primarily through its cannabis operations segment, which generates the majority of its revenue, while also engaging in analytical testing and corporate activities. With a focus on quality and innovation, The Valens Company aims to expand its presence in the global cannabis market.
Diversified Royalty
Post in 2020
Diversified Royalty Corp. is a multi-royalty corporation based in Vancouver, Canada, that specializes in acquiring royalties from well-managed, multi-location businesses and franchisors across North America. Founded in 1992, the company owns several trademarks, including Mr. Lube, AIR MILES, Sutton, Mr. Mikes, Nurse Next Door, and Oxford Learning Centres. Its primary objective is to secure predictable and growing royalty streams, thereby enhancing cash flow per share through strategic purchases of royalties. All of Diversified Royalty's operating revenues are generated from royalties and management fees received from its Royalty Partners, reflecting its focus on creating value through accretive acquisitions. The company was previously known as BENEV Capital Inc. before rebranding in September 2014.
Orezone Resources
Post in 2020
Orezone Gold Corporation (ORE:TSX) is a Canadian exploration and development company with a gold discovery track record of +12 Moz and recent mine development experience in Burkina Faso, West Africa. The Company owns a 100% interest in Bomboré, the largest undeveloped oxide gold deposit in West Africa that can be developed in phases to reduce capital expenditure requirements. The deposit is situated 85 km east of the capital city, adjacent to an international highway. The Company announced the highlights of its NI 43-101 Compliant Bomboré Feasibility Study in April 2015 and submitted its application for a mining permit in May 2015. Pending permitting and full project financing, production could commence as early as the end of 2017. The Company's mission is to create wealth for its stakeholders by discovering and mining the earth's resources in an efficient, responsible manner.
Inovalis Real Estate Investment Trust
Post in 2019
Inovalis Real Estate Investment Trust is an unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario. The REIT has been created for the purpose of acquiring and owning office properties primarily located in France and Germany but also opportunistically in other European countries where assets meet the REIT's investment criteria. The REIT currently owns an interest in eleven office properties in France and Germany, comprising approximately 1,409,113 square feet of gross leasable area (taking into account the interests in the properties owned in joint ventures).
Crombie Real Estate Investment Trust
Post in 2019
Crombie REIT is one of Canada's leading real estate investment trusts. We believe in building high-quality, sustainable real estate that enhances local communities for the long term. We invest in welcoming, convenient properties where people want to live, work, shop and play. With more than 280 properties nation-wide, we’re proud of how we’re helping shape Canada.
AltaGas Ltd. is a diversified energy infrastructure company operating in North America, with a focus on natural gas and power. The company is structured into three primary segments: Utilities, Midstream, and Power. The Utilities segment manages regulated natural gas distribution utilities across several states, serving approximately 1.7 million customers, and also provides interstate transportation and storage services. The Midstream segment is involved in the gathering, processing, and marketing of natural gas and natural gas liquids, holding significant processing capacity and interests in regulated pipelines primarily in the northeastern United States. Finally, the Power segment generates and sells electricity and offers energy storage and retail power marketing services in regions like Alberta, California, and Colorado, with a total operational capacity of 710 megawatts. Founded in 1994 and headquartered in Calgary, Canada, AltaGas aims to capitalize on the dynamics of supply and demand in the energy sector, serving residential, commercial, and industrial customers in both Canada and the United States.
True North Apartment REIT
Post in 2019
True North Commercial Real Estate Investment Trust is an equity real estate investment trust launched and managed by Starlight Investments Ltd. It invests in the real estate markets of Canada. The fund seeks to invest in the properties operating in commercial real estate.
Chorus Aviation
Post in 2019
Chorus Aviation Inc. is a Canadian airline company that operates scheduled passenger services under the Air Canada Express brand, providing approximately 690 daily departures to 59 destinations within Canada and 28 destinations in the United States. In addition to passenger services, the company offers charter flights and specialized contract flying, including medical, logistical, and humanitarian missions primarily for government entities and international non-governmental organizations. Chorus Aviation is also involved in aircraft leasing and maintenance, repair, and overhaul services, which encompass parts sales and technical support. Originally known as Jazz Air Income Fund, the company rebranded as Chorus Aviation Inc. in January 2011 and was incorporated in 2010. Its headquarters are located in Dartmouth, Canada.
Park Lawn Corporation, established in 1892 and headquartered in Toronto, Canada, specializes in deathcare products and services across Canada and the United States. The company owns and operates a total of 173 facilities, comprising 114 cemeteries, 39 crematoriums, and 109 funeral homes. Park Lawn offers a range of merchandise including cemetery lots, crypts, niches, monuments, caskets, urns, along with funeral services and post-funeral celebration services. These products and services are provided both at the time of need and on a pre-arranged basis.
Opsens Inc. is a Canadian company that specializes in developing, manufacturing, and selling fiber optic sensors for various applications, primarily in interventional cardiology and industrial markets. It operates in two main segments: Medical and Industrial. The Medical segment focuses on physiological measurements, including Fractional Flow Reserve (FFR) and Diastolic Pressure Ratio (dPR), and offers products such as the OptoWire, an advanced optical pressure guidewire, and miniature optical sensors for pressure and temperature measurement. These sensors are designed for integration into medical devices, catering to needs in areas like transcatheter aortic valve replacement. The Industrial segment provides fiber optic sensing solutions for diverse applications, including life sciences, energy, and civil engineering. Opsens markets its products through a direct sales force and distributors across the United States, Japan, Canada, and internationally, with its headquarters located in Québec, Canada.
HEXO Corp is a consumer packaged goods cannabis company that develops and distributes award-winning products for the global cannabis market. Utilizing a hub and spoke business strategy, HEXO partners with Fortune 500 companies to leverage its brand value, cannabinoid isolation technology, and regulatory expertise, enhancing the distribution capabilities of established firms. As one of the largest licensed cannabis companies in Canada, HEXO operates 1.8 million square feet of facilities in Ontario and Quebec, and is establishing a processing, production, and distribution center in Greece to expand its European presence. The company serves both the adult-use and medical cannabis markets in Canada.
RIV Capital is a private equity investment firm based in Toronto, Canada, established in 2017. The firm focuses on the cannabis industry and related sectors, including agriculture, food sciences, pharmaceuticals, biotechnology, wellness products, consumer products, and media. RIV Capital aims to invest in companies at various stages of development, from seed to sale, but typically prefers series A to C funding rounds. Its investment strategy encompasses a wide range of areas such as cultivation techniques, product processing, retail and distribution, and consumer accessories. The firm is particularly interested in opportunities that involve innovative products like edibles, beverages, and cannabis consumption devices. RIV Capital engages in minority stake investments and applies diverse investment structures, including debt and equity options. The firm seeks to capitalize on the growth potential within the cannabis sector and its adjacent industries globally.
Doman Building Materials Group
Post in 2018
Doman Building Materials Group is a prominent Canadian wholesale distributor specializing in building materials, home renovation products, and hardware. The company serves various sectors, including new home construction, home renovation, and the industrial market, supplying a diverse range of products to retailers, lumberyards, and home improvement centers. Doman's extensive product line includes structural, exterior, interior, and specialty items designed to meet the needs of builders and homeowners engaged in new construction, repair, and remodeling projects. Additionally, the company is involved in timber ownership and manages private timberlands and forest licenses, offering services such as agricultural post-peeling and wood pressure treating. Doman Building Materials Group operates primarily in Canada and the United States, emphasizing quality and value across all its offerings.
Embotics
Debt Financing in 2018
Embotics Corporation is a software company that specializes in cloud automation solutions, primarily through its product, Embotics vCommander. This cloud management platform enables businesses to manage private, public, and hybrid cloud environments efficiently. With capabilities in orchestration, automation, and cost management, vCommander supports IT organizations in delivering IT-as-a-Service while optimizing the deployment and configuration of IT services. The platform is designed to be user-friendly, allowing for quick implementation and offering robust multi-hypervisor management features. Embotics serves enterprises and service providers, focusing on enhancing business agility and IT governance. Founded in 2006 and headquartered in Kanata, Canada, Embotics also has offices in the United States and operates as a subsidiary of Snow Software AB. The company's extensive partner network further extends its reach in the global market.
True North Apartment REIT
Post in 2018
True North Commercial Real Estate Investment Trust is an equity real estate investment trust launched and managed by Starlight Investments Ltd. It invests in the real estate markets of Canada. The fund seeks to invest in the properties operating in commercial real estate.
Emera Inc. is a geographically diverse energy and services company based in Halifax, Nova Scotia, with approximately $10 billion in assets. The company focuses on investments in electricity generation, transmission, and distribution, along with gas transmission and utility energy services. Emera aims to transform the electricity industry by promoting cleaner energy generation and ensuring its delivery to the market. The company operates across northeastern North America and in four Caribbean countries, with a strategic goal of deriving 75-85 percent of its adjusted earnings from rate-regulated businesses.
Park Lawn Corporation, established in 1892 and headquartered in Toronto, Canada, specializes in deathcare products and services across Canada and the United States. The company owns and operates a total of 173 facilities, comprising 114 cemeteries, 39 crematoriums, and 109 funeral homes. Park Lawn offers a range of merchandise including cemetery lots, crypts, niches, monuments, caskets, urns, along with funeral services and post-funeral celebration services. These products and services are provided both at the time of need and on a pre-arranged basis.
Profound Medical
Post in 2018
Profound Medical Corp. is a medical technology company based in Mississauga, Canada, specializing in the development of innovative, incision-free therapeutic systems for the image-guided ablation of diseased tissue. The company’s flagship product, the TULSA-PRO system, integrates real-time magnetic resonance imaging with robotically driven thermal ultrasound to precisely ablate prostate tissue. Additionally, Profound Medical offers the Sonalleve platform, which is designed for treating uterine fibroids and managing palliative pain associated with bone metastases. By leveraging existing MRI infrastructure, the company aims to provide customizable and non-invasive treatment options that address the unmet needs of patients and clinicians. Profound Medical is committed to enhancing the standard of care through its advanced technologies and has established a co-development agreement with GE Healthcare to broaden access to its TULSA-PRO system.
Chorus Aviation
Post in 2018
Chorus Aviation Inc. is a Canadian airline company that operates scheduled passenger services under the Air Canada Express brand, providing approximately 690 daily departures to 59 destinations within Canada and 28 destinations in the United States. In addition to passenger services, the company offers charter flights and specialized contract flying, including medical, logistical, and humanitarian missions primarily for government entities and international non-governmental organizations. Chorus Aviation is also involved in aircraft leasing and maintenance, repair, and overhaul services, which encompass parts sales and technical support. Originally known as Jazz Air Income Fund, the company rebranded as Chorus Aviation Inc. in January 2011 and was incorporated in 2010. Its headquarters are located in Dartmouth, Canada.
Wellington Financial
Acquisition in 2018
Wellington Financial, established in 2000, is a Toronto-based specialty finance firm that provides term, venture, and amortizing loans to companies across the U.S., Canada, and the U.K. Focusing primarily on technology-based and growth-stage companies, Wellington Financial has managed multiple funds, including a $900 million investment program. The firm's investors comprise prominent Canadian institutional investors, crown corporations, financial institutions, and pension funds. Wellington Financial was acquired by CIBC in 2018 and is now part of CIBC Innovation Banking.
Emera Inc. is a geographically diverse energy and services company based in Halifax, Nova Scotia, with approximately $10 billion in assets. The company focuses on investments in electricity generation, transmission, and distribution, along with gas transmission and utility energy services. Emera aims to transform the electricity industry by promoting cleaner energy generation and ensuring its delivery to the market. The company operates across northeastern North America and in four Caribbean countries, with a strategic goal of deriving 75-85 percent of its adjusted earnings from rate-regulated businesses.
Diversified Royalty
Post in 2017
Diversified Royalty Corp. is a multi-royalty corporation based in Vancouver, Canada, that specializes in acquiring royalties from well-managed, multi-location businesses and franchisors across North America. Founded in 1992, the company owns several trademarks, including Mr. Lube, AIR MILES, Sutton, Mr. Mikes, Nurse Next Door, and Oxford Learning Centres. Its primary objective is to secure predictable and growing royalty streams, thereby enhancing cash flow per share through strategic purchases of royalties. All of Diversified Royalty's operating revenues are generated from royalties and management fees received from its Royalty Partners, reflecting its focus on creating value through accretive acquisitions. The company was previously known as BENEV Capital Inc. before rebranding in September 2014.
Cipher Pharmaceuticals
Post in 2017
Cipher Pharmaceuticals, established in 2011 and headquartered in Charleston, South Carolina, is a specialty pharmaceutical company focused on developing and acquiring skin care solutions for unmet medical needs. It offers a range of prescription dermatology products, including Bionect for wound management, Nuvail for nail dystrophy, and Absorica for severe acne. Additionally, it provides consumer skin care products such as AL12, Inova, Pro: 12 Mousse, and Umecta, which cater to various skin conditions. Cipher's portfolio also includes ConZip/Durela for chronic pain management and Lipofen for hypercholesterolemia. These products are distributed to healthcare professionals and patients through strategic partnerships in Canada and the United States. The company's core competency lies in identifying product opportunities, managing clinical and regulatory development, and generating royalty streams through out-licensing agreements.
HomeEquity Bank
Debt Financing in 2017
HomeEquity Bank is a privately held company that specializes in providing financial solutions to senior homeowners in Canada. The bank offers products such as the CHIP Reverse Mortgage® and Income Advantage®, which allow individuals to access the equity accumulated in their homes. By administering a portfolio secured by residential properties across the country, HomeEquity Bank partners with various organizations, including chartered banks, credit unions, and mortgage brokers, to deliver its services. This approach enables clients to maintain control over their properties while alleviating financial stress during retirement.
Tricon Residential
Post in 2017
Tricon Residential, established in 1988, is a leading North American rental housing company focused on serving the middle-market demographic. With a portfolio of over 30,000 single-family and multi-family rental homes across 21 markets in the United States and Canada, Tricon prioritizes providing an exceptional rental experience to its residents. The company's integrated, technology-enabled operating platform empowers its team to deliver superior service, fostering longer tenancies and positive community impact. Headquartered in Toronto, with significant operations in Orange County, California, Tricon aims to be the premier rental housing provider, generating positive returns for its investors and shareholders.
Tricon Residential
Post in 2017
Tricon Residential, established in 1988, is a leading North American rental housing company focused on serving the middle-market demographic. With a portfolio of over 30,000 single-family and multi-family rental homes across 21 markets in the United States and Canada, Tricon prioritizes providing an exceptional rental experience to its residents. The company's integrated, technology-enabled operating platform empowers its team to deliver superior service, fostering longer tenancies and positive community impact. Headquartered in Toronto, with significant operations in Orange County, California, Tricon aims to be the premier rental housing provider, generating positive returns for its investors and shareholders.
Knight Therapeutics
Post in 2016
Knight Therapeutics Inc. is a specialty pharmaceutical company based in Montreal, Canada, engaged in the development, acquisition, in-licensing, out-licensing, marketing, and distribution of innovative prescription pharmaceuticals, consumer health products, and medical devices. The company offers a range of commercialized products, including Movantik for opioid-induced constipation, Mytesi for noninfectious diarrhea in adults with HIV or AIDS, NERLYNX for HER2-positive breast cancer, and Trelstar for prostate cancer. Additionally, Knight Therapeutics is involved in the development of treatments for conditions such as opioid addiction, chronic pain, diabetes-related eye diseases, and neurological disorders. Their product pipeline includes various therapies targeting acute migraine, HPV-associated cancers, and osteoarthritis-related pain, among others. Founded in 2013, Knight Therapeutics continues to expand its portfolio and invest in innovative life sciences solutions both in Canada and internationally.
True North Apartment REIT
Post in 2016
True North Commercial Real Estate Investment Trust is an equity real estate investment trust launched and managed by Starlight Investments Ltd. It invests in the real estate markets of Canada. The fund seeks to invest in the properties operating in commercial real estate.
InPlay Oil Corp. is an oil development and production company based in Calgary, Alberta, specializing in the acquisition, exploration, and development of petroleum and natural gas properties. The company primarily focuses on a concentrated light oil asset base in West Central Alberta, targeting the Cardium formation. InPlay Oil engages in the production and sale of crude oil, natural gas, and natural gas liquids, generating revenue through variable price contracts. With its extensive inventory of horizontal drilling locations, the company is well-positioned to manage commodity price fluctuations and optimize recovery from its in-place pools.
Tamarack Valley Energy
Post in 2016
Tamarack Valley Energy Ltd. is an oil and gas company focused on the acquisition, exploration, development, and production of crude oil and natural gas in the Western Canadian sedimentary basin. The company has significant interests in various oil plays, particularly in the Cardium light oil regions of Wilson Creek, Alder Flats, and Pembina, as well as Viking light oil plays in Redwater and southeast Alberta. Additionally, Tamarack holds assets in the Barons and Banff light oil plays in Southern Alberta and has heavy oil properties in Saskatchewan. The company's strategy emphasizes the identification and operation of resource plays that offer predictable, long-life production, enabling them to manage risk while pursuing growth opportunities in the energy sector. Tamarack Valley Energy is headquartered in Calgary, Canada.
Dundee Precious Metals
Post in 2016
Dundee Precious Metals Inc. is a Canadian international gold mining company focused on the acquisition, exploration, development, mining, and processing of precious metals. The company operates key projects, including Chelopech and Ada Tepe, located in Bulgaria. Through these initiatives, Dundee Precious Metals aims to enhance its production capabilities and contribute to the global precious metals market.
Liminal BioSciences
Private Equity Round in 2016
Liminal BioSciences Inc. is a clinical-stage biopharmaceutical company that specializes in the discovery, development, and commercialization of innovative treatments for patients with unmet medical needs, particularly focusing on rare and orphan diseases. The company operates through two main segments: Small Molecule Therapeutics and Plasma Derived Therapeutics. Its lead product candidate, fezagepras, targets idiopathic pulmonary fibrosis, respiratory diseases, and Alström Syndrome. In the Plasma Derived Therapeutics segment, Liminal BioSciences offers a Plasma Protein Purification System for extracting and purifying therapeutic proteins from human plasma and is developing Ryplazim for congenital plasminogen deficiency. Founded in 1992 and headquartered in Laval, Quebec, the company has a presence in Canada, the United Kingdom, and the United States. It was previously known as Prometic Life Sciences Inc. before rebranding in October 2019.
Tamarack Valley Energy
Post in 2016
Tamarack Valley Energy Ltd. is an oil and gas company focused on the acquisition, exploration, development, and production of crude oil and natural gas in the Western Canadian sedimentary basin. The company has significant interests in various oil plays, particularly in the Cardium light oil regions of Wilson Creek, Alder Flats, and Pembina, as well as Viking light oil plays in Redwater and southeast Alberta. Additionally, Tamarack holds assets in the Barons and Banff light oil plays in Southern Alberta and has heavy oil properties in Saskatchewan. The company's strategy emphasizes the identification and operation of resource plays that offer predictable, long-life production, enabling them to manage risk while pursuing growth opportunities in the energy sector. Tamarack Valley Energy is headquartered in Calgary, Canada.
Raging River Exploration
Post in 2016
Raging River Exploration Inc. is an oil and gas company engaged in the exploration, development, and production of crude oil and natural gas properties in Western Canada. The firm primarily focuses on the Viking light oil fairway, particularly in the greater Dodsland area of southwest Saskatchewan and the Esther area of southeastern Alberta. Raging River holds a substantial net undeveloped land base of 591,363 acres. Established in 2011 and headquartered in Calgary, Alberta, the company has positioned itself as a key player in the regional oil and gas sector. As of August 2018, it operates as a subsidiary of Baytex Energy Corp.
Tricon Residential
Post in 2015
Tricon Residential, established in 1988, is a leading North American rental housing company focused on serving the middle-market demographic. With a portfolio of over 30,000 single-family and multi-family rental homes across 21 markets in the United States and Canada, Tricon prioritizes providing an exceptional rental experience to its residents. The company's integrated, technology-enabled operating platform empowers its team to deliver superior service, fostering longer tenancies and positive community impact. Headquartered in Toronto, with significant operations in Orange County, California, Tricon aims to be the premier rental housing provider, generating positive returns for its investors and shareholders.
Hudbay is a Canadian integrated mining company engaged in the production of copper concentrate, molybdenum concentrate, and zinc metal. The company operates three polymetallic mines, four ore concentrators, and a zinc production facility in northern Manitoba and Saskatchewan, Canada, as well as in Cusco, Peru. Additionally, Hudbay has copper projects in Arizona and Nevada, United States. The company's primary focus is on the discovery, production, and marketing of base and precious metals, with a significant portion of its revenue derived from copper operations. Hudbay markets its copper concentrates to smelters in Asia, America, and Europe, while zinc metal represents its second largest revenue source. The company is committed to responsible mining practices and aims to create sustainable value through the development and operation of high-quality mineral deposits, benefiting the regions and communities where it operates.
Osisko Gold Royalties
Post in 2015
Osisko Gold Royalties is a North American-focused intermediate precious metal royalty company that commenced operations in June 2014. The company specializes in acquiring and managing a diverse portfolio of over 175 royalties, streams, and precious metal offtakes, primarily centered in North America. Its flagship asset is a 5% net smelter return royalty on the Canadian Malartic mine, the largest gold mine in Canada. In addition to its royalty and stream interests, Osisko engages in the exploration, evaluation, and development of mining projects, contributing to its growth and diversification. The majority of its income is derived from North American operations, reflecting its strategic focus on the region's mining potential.
Bellatrix Exploration
Post in 2014
Bellatrix Exploration Ltd is a Canada-based oil and gas company engaged in the exploration, acquisition, development, and production of oil and natural gas reserves, primarily in Alberta, British Columbia, and Saskatchewan. The company focuses on two key resource plays: the Cardium and the Notikewin/Falher intervals, both located in the Western Canada Sedimentary Basin. The Notikewin/Falher play is known for its abundant, liquids-rich natural gas, offering compelling economic advantages, while the Cardium play is recognized for its potential to significantly increase reserves and production, thereby providing long-term economic value. Through these strategic initiatives, Bellatrix aims to maximize its revenue from the sale of oil and natural gas.
TMAC Resources
Private Equity Round in 2014
TMAC Resources Inc. is a Canadian mineral exploration and development company focused on gold mining. The company holds a 100% interest in the Hope Bay Project, which spans 1,101 square kilometers in the Kitikmeot region of western Nunavut Territory. Established in 2012 and headquartered in Toronto, TMAC Resources aims to explore, develop, and mine the significant resource potential of the Hope Bay greenstone belt, which is recognized as a promising site for future gold production. The company is committed to responsible and economically sustainable practices in its mining operations.
Strategic Oil & Gas
Post in 2014
Strategic Oil & Gas is an emerging junior oil and gas company focused on the exploration and development of petroleum and natural gas reserves, primarily in Western Canada and the Western United States. The company emphasizes upstream oil and gas exploitation, leveraging its technical expertise in geology, geophysics, engineering, and petrophysics to enhance its operations. Strategic Oil & Gas is dedicated to building a premier oil company by developing its concentrated land and reserve base, as well as integrating its wholly-owned sales infrastructure. In addition to its exploration activities, the company operates gas plants and oil batteries in the Marlowe area and is involved in the maintenance of associated road networks.
Element Fleet Management
Post in 2014
Element Fleet Management is a fleet management company that specializes in providing management services and financing solutions for commercial vehicle and equipment fleets. The company operates across multiple regions, including the United States, Canada, Mexico, Australia, and New Zealand. By offering a comprehensive range of services, Element Fleet Management aims to optimize fleet operations and enhance the efficiency of its clients' transportation assets.
Seven Generations Energy
Private Equity Round in 2013
Seven Generations Energy Ltd. is an independent energy company based in Calgary, Canada, engaged in the exploration and development of oil and natural gas properties. Founded in 2001, the company focuses on non-conventional resource plays, particularly in Canada. It holds interests in the Kakwa River project, encompassing approximately 528,000 net acres in northwest Alberta. Utilizing advanced techniques such as long-reach and horizontal drilling, Seven Generations produces natural gas, condensate, and natural gas liquids. The company also owns several gathering lines and processing facilities, which support its operations. A skilled technical and business team drives the company's efforts to identify and optimize high-quality resource plays.
NuVista Energy
Private Equity Round in 2013
NuVista Energy Ltd. is a Calgary-based company engaged in the exploration, development, and production of condensate, oil, and natural gas reserves within the Western Canadian Sedimentary Basin. The company primarily focuses on the condensate-rich Montney formation located in the Wapiti area of the Alberta Deep Basin. Established in 2003, NuVista has transformed its operations by emphasizing the development of its valuable Wapiti Montney play, which significantly contributes to its hydrocarbon production. Condensate, which constitutes nearly half of the company's sales, plays a crucial role in the heavy oil industry by enhancing the viscosity required for pipeline transportation. To support its production capabilities, NuVista operates compressor and dehydration stations, further optimizing its service assets in the region. The company has also made strides in financial management, reducing long-term debt substantially, which allows for continued investment in its core operations and growth opportunities.
Tricon Residential
Post in 2013
Tricon Residential, established in 1988, is a leading North American rental housing company focused on serving the middle-market demographic. With a portfolio of over 30,000 single-family and multi-family rental homes across 21 markets in the United States and Canada, Tricon prioritizes providing an exceptional rental experience to its residents. The company's integrated, technology-enabled operating platform empowers its team to deliver superior service, fostering longer tenancies and positive community impact. Headquartered in Toronto, with significant operations in Orange County, California, Tricon aims to be the premier rental housing provider, generating positive returns for its investors and shareholders.
Raging River Exploration
Post in 2012
Raging River Exploration Inc. is an oil and gas company engaged in the exploration, development, and production of crude oil and natural gas properties in Western Canada. The firm primarily focuses on the Viking light oil fairway, particularly in the greater Dodsland area of southwest Saskatchewan and the Esther area of southeastern Alberta. Raging River holds a substantial net undeveloped land base of 591,363 acres. Established in 2011 and headquartered in Calgary, Alberta, the company has positioned itself as a key player in the regional oil and gas sector. As of August 2018, it operates as a subsidiary of Baytex Energy Corp.
Detour Gold Corporation is a Canadian intermediate gold producer that operates the Detour Lake mine, a large-scale open-pit operation located in northeastern Ontario. This mine is recognized as the second largest gold-producing site in Canada and holds the largest gold reserves in the country. The Detour Lake mine spans approximately 625 square kilometers of mining claims and leases, situated about 300 kilometers northeast of Timmins. Detour Gold is focused on delivering sustainable returns through its growing cash flow, organic growth initiatives, and extensive exploration potential within its land holdings. The company prioritizes responsible mining practices, adhering to high safety and environmental standards while maintaining a strong commitment to the surrounding communities.
WiLAN is an intellectual property licensing company based in Ottawa, Ontario, that focuses on developing and commercializing patented technologies. Founded in 1992, the company manages intellectual property and licenses inventions to corporations, facilitating the monetization of patents. WiLAN's wholly owned subsidiary, WiLAN Labs, specializes in creating innovative technologies related to 4G broadband wireless networks, addressing the increasing demand for bandwidth-intensive multimedia data. By enabling patent owners to sell or license their intellectual property, WiLAN ensures that inventors receive fair compensation for their research and development efforts, thereby encouraging further innovation in technology.
WiLAN is an intellectual property licensing company based in Ottawa, Ontario, that focuses on developing and commercializing patented technologies. Founded in 1992, the company manages intellectual property and licenses inventions to corporations, facilitating the monetization of patents. WiLAN's wholly owned subsidiary, WiLAN Labs, specializes in creating innovative technologies related to 4G broadband wireless networks, addressing the increasing demand for bandwidth-intensive multimedia data. By enabling patent owners to sell or license their intellectual property, WiLAN ensures that inventors receive fair compensation for their research and development efforts, thereby encouraging further innovation in technology.
WiLAN is an intellectual property licensing company based in Ottawa, Ontario, that focuses on developing and commercializing patented technologies. Founded in 1992, the company manages intellectual property and licenses inventions to corporations, facilitating the monetization of patents. WiLAN's wholly owned subsidiary, WiLAN Labs, specializes in creating innovative technologies related to 4G broadband wireless networks, addressing the increasing demand for bandwidth-intensive multimedia data. By enabling patent owners to sell or license their intellectual property, WiLAN ensures that inventors receive fair compensation for their research and development efforts, thereby encouraging further innovation in technology.
Aritzia
Debt Financing in 2005
Aritzia Inc. is a Canadian-based fashion retailer that designs and sells women's apparel and accessories. Founded in 1984 and headquartered in Vancouver, the company offers a diverse range of products, including blouses, dresses, pants, sweaters, jackets, and various accessories such as bags, shoes, and hats. Aritzia operates 89 boutiques across Canada and the United States and also has a robust online presence through its eCommerce platform. The company is recognized for its exclusive brands and is committed to providing what it terms "Everyday Luxury," catering to a variety of individual aesthetics and functions. Aritzia Inc. was previously known as Aritzia Capital Corporation until its name change in August 2016.
Cube Route
Series B in 2005
Cube Route, Inc. is a Toronto-based company that specializes in demand logistics services for transportation organizations across North America. Founded in 2003, the firm provides a range of solutions including information digitization, dispatch management, package tracking, and order management. Cube Route also focuses on planning and route optimization, real-time field data capture, and customer service. Its services cater to various industries such as beverage delivery, direct store delivery, foodservice, home delivery, and third-party logistics providers. As a subsidiary of Descartes Systems Group, Cube Route aims to enhance efficiency and visibility in delivery operations through its comprehensive logistics technologies.
WIS International
Corporate Round in 2004
WIS International Ltd. is a provider of inventory and data collection services, catering to retailers and various sectors worldwide, including healthcare, manufacturing, and logistics. Founded in 1967 and based in Mississauga, Canada, with additional locations in San Diego, California, and Flower Mound, Texas, the company offers a range of services such as physical inventory counting, inventory consulting, information management, and merchandising. WIS International specializes in optimizing inventory processes, enhancing accuracy, and reducing costs for its clients through innovative technology solutions. The company was previously known as Western Inventory Service Ltd. before rebranding in April 2005.
Netactive
Series B in 2000
NetActive is an independent privately held company with offices in the United States and Canada. NetActive positions itself as a digital rights management company. Based in Ottawa, Canada, NetActive develops digital rights management technology that provides protection and management of a host of valuable digital content.