ARC Financial

ARC Financial Corp. is a Calgary-based, employee-owned private equity management firm established in 1989, specializing exclusively in the Canadian energy sector. The firm initially concentrated on developing a leading investment research capability, which enabled it to create a successful corporate advisory practice. Over the years, ARC Financial has expanded its operations to include investments in early-stage energy companies and non-core oil and gas production assets. Their investment strategy focuses on growth opportunities within the energy sector, emphasizing the exploration, acquisition, and development of crude oil and natural gas reserves, as well as the companies that provide essential equipment, services, and facilities to the industry.

Colin Bergman

Vice President

Brian P. Boulanger

CEO and Director

Kevin Brown

Co-Chair and Director

Tanya Causgrove

CFO and Managing Director

Peter Christopher

Senior Vice President

Danielle Currie

Investment Analyst

Lauchlan Currie

Co-Chair and Director

John Dielwart

Partner

Jake Durante

Senior Investment Analyst

Andy Evans

Managing Director

Jackie Forrest

Managing Director, Energy Research

Kent Foster

Managing Director

Jeremy Gackle

Managing Director

Nishka Gupta

Senior Vice President

Carl Levitt

Vice President

Duane K. Schellenberg

Managing Director

Chris Seasons

Partner

Tyler Varga

Vice President

9 past transactions

Silfab

Venture Round in 2021
Silfab is a leading manufacturer and supplier of high-efficiency photovoltaic (PV) solutions based in Padua, Italy, with significant operations in North America. Founded in 2007, the company specializes in the design and production of ultra-high-efficiency PV modules, including bifacial and monocrystalline options, aimed at enhancing the solar energy market. Silfab operates state-of-the-art production facilities in Washington and Toronto, which are equipped with automated, ISO-certified production lines to ensure high-quality output. The company emphasizes just-in-time manufacturing and adheres to Buy American standards, delivering premium solar modules specifically tailored for the North American market. Silfab's offerings also include pre-configured PV kits and energy stations, reflecting its commitment to architectural integration and efficiency in solar technology.

BluEarth Renewables

Private Equity Round in 2014
BluEarth Renewables is a private independent renewable energy producer based in Canada, specializing in the acquisition, development, construction, and operation of wind, hydro, and solar projects throughout North America. The company aims to contribute to the power grid by delivering clean energy daily. BluEarth is recognized for having one of the most experienced renewable energy development teams in Canada, focusing on optimizing the balance between people, planet, and profit. With a commitment to sustainability and profitability, BluEarth strives to lead the Canadian renewable energy sector while leaving a positive impact on the environment for future generations.

Kanata Energy Group

Private Equity Round in 2013
Kanata Energy Group Ltd is an oil and gas energy management company located in Calgary.

Careerminds

Venture Round in 2011
Careerminds Group, Inc. offers online career transition and outplacement services across the United States and Canada. Founded in 2007 and based in Wilmington, Delaware, the company provides a comprehensive e-learning platform known as Outplacement Services 2.0, designed to assist displaced workers in reentering the workforce. Their offerings include self-guided and consultant-guided programs, in-person services, and tailored solutions. Additionally, Careerminds delivers career coaching, participant orientation, professional networking technology, personalized consulting, live webinars, performance tracking, alumni access, and virtual coaching. The company aims to support organizations undergoing downsizing or restructuring by connecting them with individuals seeking employment, thus facilitating a smoother recruitment process and fostering a cohesive workforce.

Nexterra

Venture Round in 2011
Nexterra develops, manufactures and delivers advanced gasification systems that enable customers to self-generate clean, low cost heat and power at industrial and institutional facilities using waste fuels. In an era of higher energy prices, this means dramatically lower costs, higher operating margins and less reliance on fossil fuels and grid-purchased electricity. Furthermore, by using renewable biomass fuels such as wood waste, customers can dramatically reduce their carbon footprint.

Nexterra

Series D in 2008
Nexterra develops, manufactures and delivers advanced gasification systems that enable customers to self-generate clean, low cost heat and power at industrial and institutional facilities using waste fuels. In an era of higher energy prices, this means dramatically lower costs, higher operating margins and less reliance on fossil fuels and grid-purchased electricity. Furthermore, by using renewable biomass fuels such as wood waste, customers can dramatically reduce their carbon footprint.

Nexterra

Series C in 2007
Nexterra develops, manufactures and delivers advanced gasification systems that enable customers to self-generate clean, low cost heat and power at industrial and institutional facilities using waste fuels. In an era of higher energy prices, this means dramatically lower costs, higher operating margins and less reliance on fossil fuels and grid-purchased electricity. Furthermore, by using renewable biomass fuels such as wood waste, customers can dramatically reduce their carbon footprint.

Nexterra

Series B in 2005
Nexterra develops, manufactures and delivers advanced gasification systems that enable customers to self-generate clean, low cost heat and power at industrial and institutional facilities using waste fuels. In an era of higher energy prices, this means dramatically lower costs, higher operating margins and less reliance on fossil fuels and grid-purchased electricity. Furthermore, by using renewable biomass fuels such as wood waste, customers can dramatically reduce their carbon footprint.
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