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We are entrepreneurs seeking business partners who want to serve others, do well and do good.
Corporate
Private Equity
We offer business owners flexible succession options, where we purchase a minority or majority stake, and opportunities for continued involvement in the company. Unlike most private equity funds, we have a buy, grow and hold strategy. We wish to own businesses for the long term, ideally forever, with business partners who share a similar philosophy.
We see the entrepreneur who entrusts his or her business to us as our business partner. We promise to steward their business as best we can, and we invite them to co-invest in other opportunities with us. Our goal is to make you more, after we close, than what was made in the deal itself.
We provide privately-held business owners equity to fund succession or growth opportunities. We look for businesses that have:
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Honest, capable and hardworking management.
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Established and consistent cash flow.
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Durable competitive advantages.
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Identifiable and compelling growth opportunities.
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A reasonable valuation.
We focus on companies with EBITDA of $1 million to $7 million, and revenues between $5 million and $50 million, though we are flexible for the right opportunities.
Our core industry focus includes industrial manufacturing, consumer products, technology enabled services, warehousing/distribution, real estate and financial services. However, we are open to opportunities in other industries. We do not invest in start-ups, resource-driven businesses or cutting-edge technologies.
Corporate
Private Debt
Promerita Capital Partners is bringing an entrepreneurial approach to financing the mid-market, with competitive, institutionally backed financing. We are a group of entrepreneurs serving entrepreneurs and have formed strategic partnerships with financial institutions and syndicated lenders to bring a new financing platform to serve the Canadian marketplace.
Financing solutions
We can offer a one-stop-shop or a niche financing solution, based on your needs. We provide unitranche, sub-debt and mezzanine loans up to $40 million in total and up to $10 million for sub-debt/mezz loans only. Our capital platform can also invest equity into highly desirable projects and businesses.
Target clients and financing needs
Mid-Market operating companies with EBITDA of $2MM to $20MM generally, requiring financing for:
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Succession driven leveraged buyouts and MBOs
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Growth
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Refinancing
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Repositioning
Real Estate Finance:
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Construction Financing for multi-family residential, commercial, industrial
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Land Acquisition and Development
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High ratio real estate mortgages
Why use Promerita? While our capital pools include financial institutions, we take a decidedly non-institutional approach. As entrepreneurs ourselves, we think in terms of creating optimal partnerships. Often flexibility and creativity are paramount to reaching a great deal and the right capital partner can make the difference. Beyond the deal, we provide value through relationships, matching people and opportunities to the right types of capital.