Scotiabank

Scotiabank, founded in 1832 and headquartered in Toronto, Canada, is a leading financial institution that provides a comprehensive range of banking products and services. The bank serves approximately 21 million customers across more than 55 countries, offering personal, commercial, corporate, and investment banking solutions. Its services include wealth management, corporate lending, equity underwriting, and advisory services for mergers and acquisitions. Additionally, Scotiabank has a private equity arm that focuses on middle-market investments, specializing in sectors such as healthcare, technology, and consumer products. The firm typically invests between $5 million and $25 million in companies, seeking both minority and majority ownership. With a commitment to understanding customer needs and managing risk, Scotiabank has established itself as a global financial services leader, supported by a workforce of over 86,000 employees dedicated to helping clients thrive.

Peter Adamek

Managing Director of Private Equity Investments

Andrew Branion

Executive Vice President and Group Treasurer

Thomas Choi

Director, Private Equity

Benoit Lacelle

Associate Director, Private Equity

Tom McGuire

Executive Vice President and Group Treasurer

James McPhedran

EVP, Canadian Banking

Brian J. Porter

President and Chief Executive Officer

Raj Viswanathan

Group Head and Chief Financial Officer

Past deals in Canada

Artis REIT

Post in 2022
Artis is a diversified Canadian real estate investment trust investing in industrial and office properties in Canada and the United States. Since 2004, Artis has executed an aggressive but disciplined growth strategy, building a portfolio of commercial properties in select markets in Canada and the United States. As of September 30, 2020, Artis' commercial property comprises approximately 23.8 million square feet of leasable area.

Purefacts Financial Solutions

Venture Round in 2021
Ranked a WealthTech100 Company and Great Canadian Innovator, PureFacts provides enterprise wealth management and asset management solutions for the financial services industry in Canada, United States, Europe, Asia Pacific, Middle East and Africa. Our mission is to create meaningful wealth solutions that help people live their best lives. We provide our clients with transformational WealthTech solutions to future-proof their business and accelerate growth by leveraging our expertise in wealth management data aggregation, complex calculations, Artificial Intelligence and machine learning.

DRI Healthcare Trust

Post in 2021
DRI Healthcare Trust provides unitholders with differentiated exposure to the anticipated growth in the global pharmaceuticals and biotechnology markets. Our business model is focused on managing and growing a diversified portfolio of pharmaceutical royalties with the aim to deliver attractive growth in cash royalty receipts over the long term.

ReadyMode

Debt Financing in 2021
Formerly known as Xencall, ReadyMode is the only enterprise dialer! We offer a cloud-based, all-in-one predictive dialer that intelligently connects call center agents with more leads in less time. ReadyMode has raised the bar with the fastest dialing speeds on the market, advanced inbound queue strategies, and a powerful CRM. ReadyMode offers personalized training sessions and a full in-house support team. Make more connections, and maximize agent productivity - all at an affordable cost.

Nuvei

Post in 2021
Nuvei Corporation is a financial services company that specializes in providing payment technology solutions to merchants and partners across North America, Europe, the Asia Pacific, and Latin America. Established in 2003 and headquartered in Montreal, Canada, Nuvei offers a comprehensive Native Commerce Platform that facilitates payment acceptance across various channels, including mobile, online, unattended, and in-store environments. The company caters to a diverse clientele, including independent sales agents, e-commerce resellers, independent software vendors, and payment facilitators. With a focus on delivering innovative payment processing solutions, Nuvei plays a significant role in supporting the operational needs of retailers and enhancing the payment experience for consumers.

Nighthawk Gold

Post in 2021
Nighthawk Gold Corp. identifies, acquires, explores for, and evaluates gold properties in Canada. Its land position covers an area of 222,203 acres located to the north of Yellowknife, Northwest Territories. It owns a 100% interest in the Indin Lake Gold property that consists of the Colomac Gold Project in the Northwest Territories. The company was formerly known as Merc International Minerals Inc. and changed its name to Nighthawk Gold Corp. in April 2012. Nighthawk Gold Corp. was incorporated in 2004 and is headquartered in Toronto, Canada.

Groupe 3737

Grant in 2021
Groupe 3737 is an entrepreneurial innovation and diversity hub located in the heart of Montreal’s Saint-Michel neighborhood.

Purefacts Financial Solutions

Venture Round in 2020
Ranked a WealthTech100 Company and Great Canadian Innovator, PureFacts provides enterprise wealth management and asset management solutions for the financial services industry in Canada, United States, Europe, Asia Pacific, Middle East and Africa. Our mission is to create meaningful wealth solutions that help people live their best lives. We provide our clients with transformational WealthTech solutions to future-proof their business and accelerate growth by leveraging our expertise in wealth management data aggregation, complex calculations, Artificial Intelligence and machine learning.

AltaGas

Post in 2020
AltaGas Ltd. is a diversified energy infrastructure company operating primarily in North America, structured into three segments: Utilities, Midstream, and Power. The Utilities segment manages regulated natural gas distribution services across Michigan, Alaska, the District of Columbia, Maryland, and Virginia, serving approximately 1.7 million customers, along with providing interstate natural gas transportation and storage. The Midstream segment focuses on natural gas gathering, processing, and marketing, with a notable capacity of around 1.4 billion cubic feet per day, and operates in the Marcellus/Utica gas formation. This segment caters to residential, commercial, and industrial clients mainly in Western Canada. The Power segment generates and sells electricity and offers energy storage and retail power marketing services, with a total operational capacity of 710 megawatts derived from various sources, including natural gas and renewable energy. Founded in 1994 and headquartered in Calgary, Canada, AltaGas aims to leverage its strategic assets to meet the growing demand for natural gas and power in North America.

Chorus Aviation

Post in 2019
Chorus Aviation Inc. ('Chorus') (TSX: CHR) announced today that Chorus Aviation Capital ('CAC') has acquired two ATR72-600 aircraft (MSNs 1147, 1154) on lease to Malindo Air, a Malaysian operator.Chorus Aviation Inc. ("Chorus") (TSX: CHR) will hold a conference call for analysts on Thursday, November 14, 2019, to discuss its third quarter 2019 financial results.

Verafin

Debt Financing in 2019
Verafin Inc. is a provider of cloud-based software solutions focused on fraud detection and anti-money laundering for financial institutions in North America. The company's flagship platform offers a comprehensive range of tools that enable banks and credit unions to identify potential money laundering or terrorist financing activities through advanced analytics and monitoring of customer transactions. With its capabilities in big data intelligence, visual storytelling, and collaborative investigations, Verafin helps institutions reduce false positive alerts and streamline compliance with regulations. The software also includes features for managing high-risk customers, vendor relationships, and reporting suspicious activities. Verafin is utilized by over 2,600 financial institutions and has established partnerships with various banking associations across the United States. Founded in 2003 and headquartered in Saint John's, Canada, Verafin continues to support financial institutions in their efforts to combat financial crime.

eStruxture

Debt Financing in 2019
eStruxture is a provider of cloud and carrier-neutral data center solutions tailored for network providers, media, content, financial services, and enterprise customers. The company offers a range of services, including colocation, private cloud, managed services, interconnections, and security support. eStruxture's infrastructure is designed to meet the demands of modern enterprise applications, allowing clients to scale rapidly in response to changing business needs. By delivering flexible and reliable colocation services, eStruxture enables clients to optimize their operations and enhance their overall performance.

MD Financial Management

Acquisition in 2018
MD Financial Management is a wealth management firm with more than $45 billion in assets under administration and we have an unrivalled understanding of physicians'​ unique financial needs. MD is the only firm exclusively dedicated to the financial well-being of Canada's physicians and their families. MD Financial Management provides financial products and services, the MD Family of Funds and investment counselling services through the MD Group of Companies.

Jarislowsky Fraser

Acquisition in 2018
Jarislowsky, Fraser Limited is a registered portfolio management firm. Founded in 1955 as a research boutique, Jarislowsky Fraser today manages the portfolios of pension funds, foundations and endowments, corporations and individuals in Canada, the United States and internationally — representing more than US$32 billion in assets under management. Jarislowsky Fraser is entirely independent, with no affiliations other than Jarislowsky, Fraser USA, Inc, a wholly-owned subsidiary. The firm has been registered as an Investment Advisor with the Securities and Exchange Commission since 1991. Headquartered in Montreal, they have offices in Toronto, Calgary, Vancouver and New Yo
The University of Manitoba received its charter on February 28, 1877. Today, the UofM has three main locations: the Bannatyne Campus, the Fort Garry Campus and the William Norrie Centre. The downtown Bannatyne campus of the university comprises a complex of ten buildings located west of the Health Sciences Centre between McDermot Ave and William Ave in Central Winnipeg. This complex houses the medical and dental instructional units of the university. The Faculty of Dentistry, the Faculty of Medicine, the School of Medical Rehabilitation, and the School of Dental Hygiene are the major health sciences units located on this campus. The Faculty of Pharmacy officially joined the Bannatyne campus with the opening of the 95,000 sq ft (8,800 m2) Apotex Centre on October 16, 2008. The Brodie Center is known as the "flagship" which connects all three faculties as well as the Neil John MacLean Health Sciences Library and the Joe Doupe Fitness Centre. It is located on 727 McDermot Avenue. The main Fort Garry campus (located on the Red River in south Winnipeg) comprises over 60 teaching and research buildings of the University and sits on 233 hectares (580 acres) of land. In addition, Smartpark is the location of seven buildings leased to research and development organizations involving university-industry partnerships. The address is 66 Chancellors Circle. The William Norrie Centre on Selkirk Avenue is the campus for social work education for inner-city residents. The university operates agricultural research stations near Glenlea and Carman, Manitoba. The Ian N. Morrison Research Farm near Carman is a 406 acres (164 ha) facility located 70 km (43 mi) from Winnipeg, while the Glenlea facility is approximately 1,000 acres (405 ha) and located 20 km (12 mi) from Winnipeg.

HomeEquity Bank

Debt Financing in 2017
HomeEquity Bank is a privately held company and helps Canadians live retirement their way by providing a safe, secure, and easy way to access the equity they’ve built up in their homes through their financial solutions, the CHIP Reverse Mortgage® and Income Advantage®.
The University of British Columbia is a global centre for research and teaching, consistently ranked among the 40 best universities in the world. Since 1915, UBC’s West Coast spirit has embraced innovation and challenged the status quo. Its entrepreneurial perspective encourages students, staff and faculty to challenge convention, lead discovery and explore new ways of learning. At UBC, bold thinking is given a place to develop into ideas that can change the world. As one of the world’s top research universities, for more than a century the University of British Columbia has created positive change here and abroad. Today, centered on our two major campuses — the Vancouver campus and the Okanagan campus — we attract, nurture and proactively transform more than 58,000 students from Canada and 140 countries.

NextAI

Venture Round in 2017
Delivered in Montréal and Toronto, NextAI is an accelerator and founder development program for early or idea stage AI-enabled startups. NextAI is for exceptional teams and individuals from around the world who are commercializing AI research and want to build global companies. NextAI is a global innovation hub for artificial intelligence related venture creation and technology commercialization. We identify talented teams and individuals with ambitious ideas and leverage Canada’s leadership position in AI to provide them with the capital, mentorship, education and network to disrupt industries. NextAI teams have access to up to $200,000 in capital, world-renowned faculty and scientists, a network of Canada’s top business leaders and entrepreneurs, and access to cutting edge AI tools.

SecureKey

Venture Round in 2016
SecureKey Technologies Inc. is an identity and authentication provider that facilitates secure and convenient access to online services for consumers. The company develops cloud-based identity networks that enable organizations to connect users with various online services while ensuring privacy and security. Serving diverse markets including banking, government, healthcare, telecommunications, and utilities, SecureKey offers both its proprietary identity network and professional services. Founded in 2008 and headquartered in Toronto, Canada, SecureKey also has offices in Boston and San Francisco. The firm has established strategic collaborations and is supported by prominent investors, including Visa, MasterCard, and Intel Capital, which enhances its capability to deliver innovative solutions in the identity and authentication space.

Guyana Goldfields

Post in 2016
Guyana Goldfields Inc. specializes in the exploration and production of gold, primarily within the Guiana Shield region of South America, which encompasses parts of Guyana, Venezuela, Suriname, French Guiana, and northern Brazil. The company was established in 1994 and has been actively operating in Guyana since 1996. It focuses on the acquisition, exploration, and development of gold mineral properties, with particular emphasis on the Aurora and Aranka properties. As of August 2020, Guyana Goldfields operates as a subsidiary of Zijin Mining Group Company Limited.

Primero Mining

Post in 2016
Primero Mining Corp. is a Canadian-based precious metals producer that owns 100% of the San Dimas gold-silver mine and the Cerro del Gallo gold-silver-copper development project in Mexico and 100% of the Black Fox mine and adjoining properties in the Township of Black River-Matheson near Timmins, Ontario, Canada. Primero offers immediate exposure to un-hedged, below average cash cost gold production with a substantial resource base in politically stable jurisdictions. The Company is focused on becoming a leading intermediate gold producer by building a portfolio of high quality, low cost precious metals assets in the Americas.

Liminal BioSciences

Private Equity Round in 2016
Liminal BioSciences is a biopharmaceutical corporation supplying state-of-the-art technologies for bio-separations as well as therapeutic products. It specializes in discovering, developing, and commercializing novel small molecule compounds for respiratory, liver, and renal diseases. The company focuses specifically on developing solutions for rare and orphan diseases. Liminal BioSciences was founded in 1992 and is headquartered in Laval, Quebec.

Tricon Residential

Post in 2015
Tricon Residential is a residential real estate company founded in 1988, primarily focused on providing rental housing for the middle-market demographic. Headquartered in Toronto, Ontario, Tricon owns and operates approximately 30,000 single-family and multi-family rental homes across 21 markets in the United States and Canada, with a significant presence in the U.S. Sun Belt. The company manages around $8.2 billion in assets, nearly all of which are invested in the United States. Tricon emphasizes an exceptional rental experience for its residents, which fosters longer tenancies and encourages tenants to treat properties with care. By investing in its team and enhancing living conditions, Tricon aims to positively impact local communities while generating favorable returns for its investors. In addition to its core operations, Tricon also manages real estate funds that target multi-family, senior housing, and student housing assets.
Secure Energy Services offers safe, innovative, and environmentally responsible fluids and solids solutions for the oil and gas sector. The company operates through three main segments: Environmental Waste Management, Energy Infrastructure, and Oilfield Services. Its Environmental Waste Management segment is the primary revenue generator, featuring a network of waste processing facilities, produced water pipelines, industrial landfills, waste transfer operations, and metal recycling services. The Energy Infrastructure segment includes crude oil gathering pipelines and terminals that facilitate the processing, storage, shipping, and marketing of crude oil. Additionally, Secure Energy Services provides water treatment and disposal services to support upstream oil and natural gas companies, ensuring efficient and responsible management of environmental resources.

Hudbay

Post in 2015
Hudbay is an integrated mining company producing copper concentrate (containing copper, gold and silver), molybdenum concentrate and zinc metal. The company owns three polymetallic mines, four ore concentrators and a zinc production facility in northern Manitoba and Saskatchewan (Canada) and Cusco (Peru), along with copper projects in Arizona and Nevada (United States). Guided by our values and powered by the expertise, experience and commitment of our people, our vision is to be a responsible, top-tier operator of long-life, low-cost mines in the Americas. Our mission is to create sustainable value through the acquisition, development and operation of high-quality, long-life deposits in jurisdictions that support responsible mining, and to see the regions and communities in which we operate benefit from our presence.

Entrec

Post in 2014
ENTREC is a Canada-based provider of heavy lift and heavy haul services, specializing in crane solutions and transportation. The company serves a diverse range of industries, including oil and natural gas, construction, petrochemical, mining, and power generation. In addition to its core offerings, ENTREC also provides logistics support to enhance its service capabilities. While the company operates primarily in Canada, it also has a presence in the United States, with the majority of its revenue derived from Canadian operations.

Trinidad Drilling

Post in 2013
Trinidad Drilling Ltd. designs, builds, and operates drilling rigs for complex wells primarily in Canada, the United States, and internationally. It provides land drilling services. The company operates 70 rigs in Canada; and 69 rigs in the United States and internationally. It also engages in construction and insurance businesses; and provides rig technology and labor services. The company was founded in 1996 and is headquartered in Calgary, Canada.

Tropic Networks

Venture Round in 2005
Tropic Networks, Inc. designs, develops, and markets regional and metro-area optical networking equipment for telephony, data, and cable applications. The company offers Wavelength Tracker, an optical transport solution that leverages SONET/SDH familiarity to deliver optical layer intelligence; and various services for Tropic Networks platform and its related products, including network design, planning and installation, operation and maintenance consulting, and evaluation and modeling of network architecture, as well as training and planned upgrades. It also provides Networks TRX-24000, a metro optical transport platform that delivers dense wavelength division multiplexing and optical add-drop multiplexing for a host of services in a package. The company offers metro-optimized network solution for carriers to plan, manage, and scale the MAN; and to address the need for bandwidth expansion, optical transport, wavelength identification, and wavelength management in regional and metropolitan-area optical networks. Its metro optical networking solution streamlines the underlying optical layer architecture of DWDM/ODAM networks. Tropic Networks, Inc. was founded in 2000 and is headquartered in Ottawa, Canada.

Q9 Networks

Venture Round in 2001
Q9 Networks Inc. specializes in providing outsourced data center infrastructure for information technology organizations in Canada. Founded in 1995 and headquartered in Toronto, the company offers a range of services including data center space, managed bandwidth, performance monitoring, and security services. Additionally, Q9 Networks provides managed services such as control panels, managed servers, firewalls, load balancing, backup and restore, and remote connectivity. Their offerings also include disaster recovery solutions and site management tools, catering to the diverse needs of businesses requiring reliable and secure IT operations.