Clairvest Group

Clairvest Group, founded in 1987, is a Canadian-based private equity management firm that invests its own capital in entrepreneurial corporations in North America. The firm specializes in mid-market companies, focusing on growth equity investments, buyouts, and industry consolidations. With a board of experienced entrepreneurs, Clairvest brings expertise and capital to every investment opportunity. They target sectors such as gaming, healthcare, equipment rental, oilfield services, waste management, and more. Clairvest typically invests between CAD$15 million and CAD$100 million in companies with EBITDA between CAD$5 million and CAD$50 million, taking either majority or minority stakes. The firm seeks to exit investments through public offerings, strategic sales, or sales to financial buyers. Headquartered in Toronto, Canada, Clairvest Group is dedicated to partnering with entrepreneurs to drive business growth and success.

Michael Andrisani

Senior Associate

John R. Barnett

Director

Michael Castellarin

MD

Daniel Cheng

CFO

Angus Cole

MD

Anchal Dembla

Associate

Sebastien Dhonte

MD

Joseph E. Fluet

Director

Mitch Green

MD

Mitchell S. Green

MD

Doug Horn

Partner

Robbie Isenberg

MD

Robert Isenberg

MD of Clairvest GP Manageco Inc.

Ansh Kalra

Associate

Mohit Kansal

Partner

Maria Klyuev

Director, Investor Relations and Marketing

Rahil Manji

Senior Associate

Daniel Marmer

Associate

Chris Martone

Associate

Davey Mishra

Associate

Jeff Parr

Vice Chairman and MD

Adrian Pasricha

MD

Stanley Rodos

VP

Kenneth Brice Rotman

CEO, MD and Director

Ken Rotman

CEO and MD

Maria Shkolnik

Director of Investor Relations and Marketing

Austin Sinclair

Associate

Desmond Swamy

Senior Associate

Michael Wagman

President and MD

Riley Webb

Senior Associate

Zach Wells

Associate

Ethan Wolfe

Senior Associate

Hank Xu

Senior Associate

52 past transactions

Top Aces Inc.

Merger/Acquisition in 2018
Top Aces Inc. provides combat airborne training, adversary, and other services to the Australian, Canadian, and German armed forces. It offers joint terminal attack controller training to special operations and ground forces; red air and electronic attack training to CF-18 aircrew and navy; and live-fire target practice to the military. The company also provides engineering and maintenance, aircraft management system, and aerospace consulting and project management services. Top Aces Inc. was formerly known as Discovery Air Defence Services Inc. and changed its name to Top Aces Inc. on February 1, 2018. The company was founded in 2000 and is based in Dorval, Canada. It has additional offices in Mesa, Arizona; and Hermannsburg, Germany.

Arrowhead Environmental Partners

Private Equity Round in 2020
Arrowhead Environmental Partners is a growing non-hazardous solid waste management company that provides disposal services to key U.S. Northeast markets through its waste-by-rail infrastructure. The Company owns and leases unique and well-placed disposal infrastructure assets to provide waste-by-rail disposal solutions to solid waste management companies located in the northern New Jersey / New York City market and the eastern Massachusetts market.

Top Aces

Private Equity Round in 2019
Top Aces is an aviation company that provides advanced airborne training to leading air forces around the world. The company is changing the face of air combat training with its unparalleled safety record, outstanding team and an industry-leading 80 000 hours + of operational training flown in support of its customers worldwide. It also employs the privately-held operational fleet of fighter aircraft to provide advanced adversary and JTAC services. Top Aces delivers exceptional air combat training, medevac-equipped aircraft services, airborne fire services, air charter services, helicopter operations, and transport and logistics support to ensure operational readiness, health, safety, and vital lifelines for its clients and the communities they serve. It also provides electronic warfare training and tactics development and supports advanced radar trials in nationally controlled environments. Top Aces was founded by three former Royal Canadian Air Force CF-18 fighter pilots in 2000 and is headquartered in Dorval, Quebec, Canada.

Acera Insurance

Private Equity Round in 2022
Acera Insurance provides custom insurance and risk management solutions. Acera Insurance formed through the merger of CapriCMW and Rogers Insurance.

Discovery Air Inc.

Merger/Acquisition in 2016
Discovery Air Inc., together with its subsidiaries, operates as a specialty aviation service company in Canada, the United States, Germany, Australia, Bolivia, and Chile. It operates through two segments, Aviation, and Corporate Support and Other. The company offers airborne training services; and helicopter charter services in support of forest fire suppression, environmental surveying, utilities/pipeline patrol, power line construction, telecommunications, and oil, gas, seismic, base mineral, and diamond exploration. It also provides scheduled and charter passenger and cargo services, as well as medevac equipped aircraft services in northern Canada; fire detection, birddog, air transport, and forest fire management services to the Government of Ontario; and remote exploration camps and expediting, logistics, and staking services to gold, base metal, uranium, and diamond exploration companies. Discovery Air Inc. was founded in 2004 and is headquartered in Toronto, Canada.

Head Digital Works

Venture Round in 2017
Head Infotech India Pvt Ltd., an online gaming company, develops gaming applications for the online gaming industry.

Durante Rentals

Private Equity Round in 2019
Durante Rentals is a construction company that offers construction equipment and tool rental services.

Winters Bros. Waste Systems

Venture Round in 2013
Founded in the 1950′s, Winters Bros. is a family owned and operated business, with a history of serving Florida, Vermont, Long Island and Connecticut market areas for their solid waste collection, recycling and transfer station needs. Through the years we’ve gained the knowledge and experience needed to provide dependable courteous service, in a regulatory compliant manner. Our management team has a combined 100+ years of experience in the waste and recycling industry.

F12.net

Private Equity Round in 2020
Just like our services, it’s easy to get to know who F12 really is. We’re an Alberta based IT company with offices in Calgary, Red Deer and Edmonton, featuring a team of qualified professionals who make it our priority to ensure your business has all the necessary tools in place to succeed. Our goal is to help your business run effectively. That means having equipment that works and support you can count on. The more successful you are, the more successful we are. That’s why we offer you great services in a language you can understand. No Tech Nerd lingo here. F12 is dedicated to delivering the IT service and support you need.

Peer 1 Network Enterprises

Private Equity Round in 2009
Peer 1 Network Enterprises engages in the provision of Internet infrastructure solutions and related managed services. Peer 1 Network Enterprises offers managed hosting services, which include data backup and recovery solutions; firewall technology to protect servers against online exploitation; switches and devices for private communication link between servers; intrusion detection, log monitoring, SSL certificates, and vulnerability scanning services for real-time and periodic server security audits.

FSB Technology

Private Equity Round in 2019
FSB Technology (UK) Ltd. provides online betting services. The company provides real-time sports data and provides customized solutions for real-time ad serving, fixed-odds pricing services, fantasy sports and prediction games, and sports betting products. It also sports betting platform for live betting. In addition, the company provides wallet for online payment services. The company was founded in 2007 and is based in London, United Kingdom.

MAG Aerospace

Private Equity Round in 2013
MAG Aerospace, headquartered in Woodbridge, VA, is a leader in providing and enabling global situational awareness to make the world smaller and safer. MAG Aerospace delivers manned aerial surveillance (Airborne ISR), unmanned aircraft systems (UAS), and aviation training services to federal, global, and commercial customers around the world.

Gaming Assets in West Greater Toronto Area of Ontario Lottery and Gaming Corporation

Merger/Acquisition in 2017
As of May 1, 2018, Gaming Assets in West Greater Toronto Area of Ontario Lottery and Gaming Corporation operates as a subsidiary of Great Canadian Gaming Corporation. Gaming Assets in West Greater Toronto Area of Ontario Lottery and Gaming Corporation comprises gaming assets and are located in Canada.

Head Digital Works

Merger/Acquisition in 2017
Head Infotech India Pvt Ltd., an online gaming company, develops gaming applications for the online gaming industry.

Meriplex

Private Equity Round in 2018
Meriplex Communications is an enhanced service provider specializing in communication solutions for the enterprise market. Founded in 2001, Meriplex built upon its extensive experience to design and implement revolutionary data and VoIP services.

Right Time Group of Companies

Private Equity Round in 2018
Right Time Heating & Air Conditioning Canada is an independent heating, ventilation and air-conditioning (“HVAC”) contractor focused strictly on the residential replacement market.

AlsoEnergy

Private Equity Round in 2017
AlsoEnergy provides the most comprehensive energy monitoring and financial management software solutions for renewable energy developers, manufacturers and investors who are establishing today’s clean-tech industry standards and best practices. From residential and government to commercial and utility grade applications, AlsoEnergy’s technology platform increases business results with online access to critical cost and production data. With the industry’s only complete client-customized web application, AlsoEnergy’s unique architecture and price point reduce risk, improve energy supply chain transparency and bring strategic vision to energy portfolio administration and the global clean-tech marketplace.

Lyophilization Services of New England

Private Equity Round in 2008
LSNE produces products in a timely and reliably consistent GMP compliant manner with the ultimate focus on quality and patient safety.

Top Aces

Private Equity Round in 2023
Top Aces is an aviation company that provides advanced airborne training to leading air forces around the world. The company is changing the face of air combat training with its unparalleled safety record, outstanding team and an industry-leading 80 000 hours + of operational training flown in support of its customers worldwide. It also employs the privately-held operational fleet of fighter aircraft to provide advanced adversary and JTAC services. Top Aces delivers exceptional air combat training, medevac-equipped aircraft services, airborne fire services, air charter services, helicopter operations, and transport and logistics support to ensure operational readiness, health, safety, and vital lifelines for its clients and the communities they serve. It also provides electronic warfare training and tactics development and supports advanced radar trials in nationally controlled environments. Top Aces was founded by three former Royal Canadian Air Force CF-18 fighter pilots in 2000 and is headquartered in Dorval, Quebec, Canada.

The Childsmiles Group LLC

Merger/Acquisition in 2020
The Childsmiles Group LLC provides dental services. The company was founded in 2008 and is based in Newark, New Jersey.

Ontario Lottery and Gaming Corporation, Certain Gaming Facilities In The Greater Toronto Area

Merger/Acquisition in 2017
Ontario Lottery and Gaming Corporation, Certain Gaming Facilities In The Greater Toronto Area comprises casinos and gaming facilities. The asset is located in Canada.

Cieslok Media

Venture Round in 2013
Cieslok Media is revolutionizing the OOH industry with premium large format billboards, dominations and OOH Mobile Integration. With over 25 years’ experience, Cieslok Media has acquired the best media assets in prime locations within Canada’s major markets and is the driving force in the OOH industry for data technology. Leading the charge in OOH innovation, Cieslok Media is focused on achieving outcomes and exceeding our client's expectations with effective solutions, research and data driven results

Discovery Air Inc.

Merger/Acquisition in 2015
Discovery Air Inc., together with its subsidiaries, operates as a specialty aviation service company in Canada, the United States, Germany, Australia, Bolivia, and Chile. It operates through two segments, Aviation, and Corporate Support and Other. The company offers airborne training services; and helicopter charter services in support of forest fire suppression, environmental surveying, utilities/pipeline patrol, power line construction, telecommunications, and oil, gas, seismic, base mineral, and diamond exploration. It also provides scheduled and charter passenger and cargo services, as well as medevac equipped aircraft services in northern Canada; fire detection, birddog, air transport, and forest fire management services to the Government of Ontario; and remote exploration camps and expediting, logistics, and staking services to gold, base metal, uranium, and diamond exploration companies. Discovery Air Inc. was founded in 2004 and is headquartered in Toronto, Canada.

NovaSource Power Services

Merger/Acquisition in 2020
Solar Operations and Maintenance Business of SunPower Corporation comprises solar operations and maintenance of commercial, industrial, and utility scale solar projects. The asset is located in the United States.

Durante Rentals

Private Placement in 2019
Durante Rentals is a construction company that offers construction equipment and tool rental services.

Delaware Park Racetrack & Slots

Private Equity Round in 2021
Delaware Park Racetrack & Slots is a casino offering live table games, and thoroughbred racing.

Air Tindi Ltd. and Great Slave Helicopters Ltd. and Discovery Mining Services Ltd and Certain Assets

Merger/Acquisition in 2018
Air Tindi Ltd. and Great Slave Helicopters Ltd. and Discovery Mining Services Ltd and Certain Assets represents the combined operations of Air Tindi Ltd., Great Slave Helicopters Ltd., Discovery Mining Services Ltd, and certain assets in their sale to Clairvest Group Inc. Air Tindi Ltd. provides air transportation services. Great Slave Helicopters Ltd. operates a fleet of helicopters and offers transportation services. Discovery Mining Services Ltd. operates as a mining service and expediting company in Canada. The companies are based in Canada.

FSB Technology

Private Placement in 2019
FSB Technology (UK) Ltd. provides online betting services. The company provides real-time sports data and provides customized solutions for real-time ad serving, fixed-odds pricing services, fantasy sports and prediction games, and sports betting products. It also sports betting platform for live betting. In addition, the company provides wallet for online payment services. The company was founded in 2007 and is based in London, United Kingdom.

Arrowhead Environmental Partners

Private Placement in 2020
Arrowhead Environmental Partners is a growing non-hazardous solid waste management company that provides disposal services to key U.S. Northeast markets through its waste-by-rail infrastructure. The Company owns and leases unique and well-placed disposal infrastructure assets to provide waste-by-rail disposal solutions to solid waste management companies located in the northern New Jersey / New York City market and the eastern Massachusetts market.

Pitstop

Seed Round in 2019
Pitstop is a cloud-based Prognostic Maintenance Platform that enables enterprises to leverage the wealth of information available from their vehicle fleets. Their data engine integrates Connected Vehicles, Dealerships, Fleet Manager, Tier 1 Suppliers, OEMs, Insurance Companies and the Aftermarket Supply Chain.

Meriplex

Private Placement in 2018
Meriplex Communications is an enhanced service provider specializing in communication solutions for the enterprise market. Founded in 2001, Meriplex built upon its extensive experience to design and implement revolutionary data and VoIP services.

CRS Contractors Rental Supply

Private Equity Round in 2013
CRS Contractors Rental Supply (CRS) was founded in 2000 by a group of industry veterans, and has developed and maintained a reputation for providing the best customer service in the industry of equipment sales, rentals and services. CRS has grown significantly from modest beginnings in 2000, and now employs over 400 people across 28 locations in Ontario, Canada. CRS is a proudly Canadian owned and operated company. They support their local vendors and charities, and work hard to be an employer of choice in the communities they serve. Their customers are more than a number to us; they are hardworking friends and neighbours maintaining and improving Ontario’s infrastructure. They take the extra time to know our customers personally, and make their rental experience 100% worry-free.

F12 Networks, Inc.

Private Placement in 2020
As of March 16, 2015, F12 Networks, Inc. was acquired by Insite Computer Group Inc. F12 Networks, Inc. provides Hardware-as-a-Service, managed services, and cloud solutions. The company also offers IT support service solutions; and Dark Web monitoring and identity theft protection services. It serves small and medium sized businesses in the United States and Canada. F12 Networks, Inc. was formerly known as System Systems Inc. and changed its name to F12 Networks, Inc. in 2011. The company was founded in 1992 and is based in Edmonton, Canada with additional offices in Calgary and Red Deer, Canada.

Brunswick Bierworks

Private Placement in 2020
Brunswick Bierworks Inc. operates as a contract manufacturer of beers, pre-mixed ready-to-drink alcoholic beverages, non-alcoholic beers, and other alcoholic and non-alcoholic drinks for the Canadian and International markets. It also provides laboratory based analytical and microbiological testing services for craft beers. The company was incorporated in 2015 and is based in Toronto, Canada.

Linen King

Private Equity Round in 2011
Linen King LLC provides laundry services to the healthcare industry. It offers rental, surgical pack, distribution, and consulting services. Linen King LLC was founded in 1999 and is based in Bixby, Oklahoma with additional laundry facilities in Springdale and Conway, Arkansas; Midwest City, Oklahoma; and Columbia, Missouri.

Arcestra

Series A in 2013
Arcestra offers a real time commercial real estate marketing platform that integrates seamlessly with existing marketing channels and services. Designed to efficiently manage, track, and promote an organization’s entire leasing portfolio, the platform centralizes all promotional information and creates a new standard for measuring marketing effectiveness.

Brunswick Bierworks

Private Equity Round in 2020
Brunswick Bierworks Inc. operates as a contract manufacturer of beers, pre-mixed ready-to-drink alcoholic beverages, non-alcoholic beers, and other alcoholic and non-alcoholic drinks for the Canadian and International markets. It also provides laboratory based analytical and microbiological testing services for craft beers. The company was incorporated in 2015 and is based in Toronto, Canada.

County Waste

Venture Round in 2013
County Waste offers solid waste management services, including collection, transportation, transfer, recycling and disposal of non-hazardous solid waste for municipal, residential and commercial and industrial customers.

Discovery Air

Acquisition in 2017
Discovery Air is a global leader in specialty aviation services. Discovery Air deliver exceptional air combat training, medevac equipped aircraft services, air charter services, helicopter operations, and transport and logistics support to ensure operational readiness, health, safety and vital lifelines for our clients and the communities we serve. Discovery Air’s Class A common voting shares and unsecured convertible debentures trade on the Toronto Stock Exchange (symbols DA.A and DA.DB.A, respectively).

DTG Recycle

Private Equity Round in 2020
DTG Recycle provides construction & demolition recycling service for metal, wood, plastic, concrete, asphalt & more in Western Washington.

Kubra Data Transfer

Private Equity Round in 2006
KUBRA provides customer interaction management solutions to some of the largest utility, insurance, financial services, health care, and communication companies across North America. Our portfolio of integrated multi-channel outsource solutions include document print and mailing, e-billing and self-service, document management, and payment solutions. With over 400 clients and 1 billion customer interactions annually, KUBRA delivers innovative, performance-driven value to its clients every day.

Boca Biolistics

Private Equity Round in 2023
We are a hybrid CRO leveraging our vertically integrated model to build a biorepository with industry leading clinical and molecular data sets. Boca Bio’s vertically integrated platform with a data-centric modality provides true end to end solutions for accelerating the realization of cutting edge technological advancements. BocaBio has been building one of the largest, multi-national, data-rich, commercial biobanks.

Bluetree Dental

Private Equity Round in 2023
Bluetree Dental, LLC provides dental and orthodontic care services. The company was founded in 2012 and is based in Reno, Nevada. As of January 27, 2020, Bluetree Dental, LLC operates as a subsidiary of North American Dental Group, LLC.

Meadowlands Racing & Entertainment

Debt Financing in 2012
Meadowlands Racing & Entertainment is a sports company offering horse racing and sports bar services.

Winter Brothers Waste Systems

Private Equity Round in 2014
Winters Bros. Waste Systems offers waste removal, garbage collection, transfer, and recycling services. The company was founded in 1950 and is based in Westbury, New York with locations in West Babylon, Medford, and East Hampton.

Right Time Group of Companies

Private Placement in 2018
Right Time Heating & Air Conditioning Canada is an independent heating, ventilation and air-conditioning (“HVAC”) contractor focused strictly on the residential replacement market.