Krystal Financial Corp.
Krystal Financial Corp. is a private equity firm specializing in equity investments and equity-like structures. Within equity-like structures it specializes in subordinate debt with significant warrants and/or a large co-investment, convertible debt, and convertible preferred shares. The firm does not invest in direct real estate and direct resource extraction businesses with the exception of real estate and resource extraction services businesses. The firm typically invests in all sectors. The firm primarily invests in the Pacific Northwest focusing on Vancouver (Lower Mainland) and the rest of British Columbia, Western Canada, and the North-Western United States. The firm seeks to invest between $2 million and $10 million in established businesses with EBITDA greater than $1 million. It seeks to make both majority investments with majority representation on the board and significant minority investments which is generally 20% or greater. Krystal Financial Corp. was founded in 2004 and is based in Vancouver, Canada.