FirePower Capital

Gap Debt Fund, managed by FirePower Capital, is a Toronto-based debt fund that focuses on providing financing solutions to Canadian companies. The fund specializes in gap and bridge term debt, catering to lower mid-market businesses that require flexible financial support for growth initiatives or critical transactions. With a commitment to investing in various sectors, including technology and manufacturing, Gap Debt Fund seeks to bridge funding gaps for companies looking to scale or undertake mergers and acquisitions. By leveraging its management’s personal capital and extensive industry expertise, the fund aims to offer tailored financing options that meet the specific needs of its clients, ultimately facilitating their growth and development in the competitive Canadian market.

Sebastien Douville

Partner and COO

Ilan Jacobson

Founding Partner and CEO

Jared Kalish

Partner, Private Capital

Anthony Lipschitz

Partner, Private Equity

Trevor Simpson

Partner, Private Debt

28 past transactions

Spearhead Corporate Development

Private Equity Round in 2022
The luxury of choice in M&A: human-led, AI-powered sourcing and qualifying of proprietary M&A deals on the buy-side, at scale Spearhead enables active large strategic acquirers and PE firms to see more opportunities and close more off-market deals with more certainty, worldwide. Located in Toronto, Cape Town and Bengaluru, our team of 30+ seasoned dealmakers and researchers, expertly curate, connect with, and advance deal opportunities for our clients in the Americas, MENA, and APAC.

CleanDesign Income

Debt Financing in 2022
Developer of hybrid energy management system designed to reduce the amount of harmful greenhouse gas emissions produced through drilling operations. The company offers equipped technology system that controls generator operation, optimizes rig capabilities, significantly reduces fuel costs and advances compliance with corporate environmental and sustainability goals (ESG).

GrowthGenius

Series A in 2021
GrowthGenius helps sales teams at B2B tech companies consistently fill their pipeline. We use machine learning to track 70+ buy signals, discover ideal customer profile insights, craft custom and deeply personalized email sequences, and reach out and follow-up at the perfect time, providing results 3x - 10x better than your industry average. Your pipeline is automatically filled with ready-to-buy customers. All your sales team has to do is what they do best: close the deal.

Wesbell Group of Companies

Private Equity Round in 2021
Wesbell Group of Companies is a telecommunications hardware company located in Mississauga.

Smedia

Debt Financing in 2021
sMedia is a prominent digital technology company in North America, specializing in services for automotive dealerships. As a Google SMB Premier Partner, sMedia enhances online advertising strategies to drive engaged shoppers to Vehicle Detail Pages, effectively converting them into quality leads. The company collaborates with over 450 dealerships, focusing on increasing traffic, engagement, and ultimately, sales. sMedia has demonstrated impressive results, including a 100% average increase in button conversion rates on Vehicle Detail Pages and a 400% reduction in cost-per-click compared to industry standards. Additionally, it has achieved a 97% increase in form submissions on these pages. The company's diverse offerings extend to graphic design, mobile applications, internet programs, experiential marketing, brand development, and artificial intelligence, positioning it as a comprehensive solution provider in the automotive sector. Recognized as the fastest-growing top Google Certified Agency in 2014 and 2015, sMedia continues to lead in delivering impactful digital marketing solutions.

JUDI.AI

Debt Financing in 2020
Developer of a business process automation system committed to offering hassle-free underwriting and credit decision capabilities to financial market clients. The company focuses on offering quality goal-setting and performance-tracking services, enabling clients to experience technology-based risk assessment and faster decision-making scenarios.

Property Vista

Debt Financing in 2020
PV provides leading cloud-based Property Management solution for the Multi-Residential market

Koa Natural Foods

Debt Financing in 2020
Koa Natural Foods is a Canadian manufacturer that is committed to the quality of our products. They offer a variety of healthy and organic foods that are delicious and nutritious and strive to encourage a lively lifestyle through our variety of products.

BATL (batlgrounds.com)

Private Equity Round in 2020
Our mission is to show people the power of being good to each other, using the axe as a tool to build community inspired by our backyard roots. Founded in 2006, BATL attracted initial seed capital in 2014 to grow from its original two Toronto locations. Since then, BATL has expanded to today operating 14 corporately owned venues across North America; offering bar service, best-in-class facilities, and expertly trained coaches to host axe throwing leagues as well as private group events ranging from 2–100+ people. BATL has been covered extensively by national and international press including the BBC, The Wall Street Journal and The Lonely Planet. To date, the company has hosted over 1.25 million visitors in leagues and private events - such as birthdays, bachelor/ bachelorette parties and corporate team building. BATL’s proprietary digital scoring system and cloud-based operating platform is also broadly licensed by third parties in the axe throwing space.

HealthCasa

Private Equity Round in 2019
HealthCasa Limited is a Toronto-based company that operates a mobile health platform, delivering in-home and in-office podiatry and orthotics services. Founded in 2017, HealthCasa also offers a range of additional healthcare services, including registered massage therapy, physiotherapy, naturopathy, and nutrition counseling. The company caters to customers in the Greater Toronto Area, focusing on providing healthcare appointments in the comfort and safety of their homes. Moreover, HealthCasa At Work provides comprehensive corporate health and wellness programs, which include on-site healthcare appointments and wellness seminars, aimed at promoting employee well-being.

Sprout

Debt Financing in 2019
Sprout is a health engagement platform based in Toronto, Ontario, that focuses on enhancing workplace wellbeing through comprehensive corporate wellness solutions. Founded in 2012 by Martha Switzer and Christina Ford, the platform equips employees with resources to adopt healthier lifestyles while providing employers with tools to manage and assess the impact of wellness initiatives. By promoting physical activity tailored to individual preferences, Sprout aims to improve employee satisfaction and retention, ultimately helping companies realize a better return on their wellness investments. The platform not only facilitates healthier living at work but also supports overall wellbeing at home, reinforcing the importance of a holistic approach to corporate wellness.

The Installation Group

Acquisition in 2019
The Installation Group is a telecommunications service provider based in Sudbury, Canada, founded in 2005. The company specializes in delivering advanced communication technologies, particularly in rural areas of Canada. With a commitment to operational excellence, The Installation Group focuses on connecting communities to modern communication networks. The company prides itself on having a knowledgeable and skilled workforce, emphasizing the importance of attracting and retaining top talent in the industry. As a partner of notable organizations such as Bell, Xplornet, AlarmForce, and weBoost Cellular Boosters, The Installation Group plays a vital role in enhancing connectivity across the region.

Ample Organics

Debt Financing in 2019
Ample Organics Inc. is a technology company based in Toronto, Canada, that focuses on providing infrastructure for the cannabis industry in Canada and Jamaica. Founded in 2014, it offers a comprehensive seed-to-sale platform that allows users to track, manage, and report all phases of cultivation, production, and sales. Additionally, Ample Organics provides a jurisdictional tracking and reporting system to assist regulators in ensuring safety and transparency within the industry. Its product suite includes payment solutions, a platform for clinics to manage cannabis patients, retail analytics tools, and educational resources for users of its software. The company also supplies essential operational tools such as print labels, scanners, and scales for tracking and recording cannabis products. Ample Organics serves a diverse clientele, including licensed growers, regulators, and healthcare clinics, aiming to enhance compliance and efficiency within the highly regulated cannabis sector.

Konfidis

Private Equity Round in 2019
Konfidis specializes in providing high-quality Single-Family Rental (SFR) properties across Ontario, catering to investors from various locations. The company offers innovative solutions for searching, acquiring, and managing residential real estate investments. Through a combination of comprehensive geographic analysis and detailed evaluations of rental income and total returns, Konfidis assists clients in identifying investment opportunities that offer favorable risk-adjusted returns. Additionally, the firm supports the ongoing management of these properties, ensuring that investors can make informed decisions while efficiently overseeing their real estate assets.

Spark CRM

Debt Financing in 2019
Spark CRM is an online platform specifically designed to power the entire process of selling and marketing real estate. Using technology to help turn leads into buyers, inventory into contracts, and information into usable metrics. Spark is a safe, secure and cost-effective solution for selling and marketing real estate. They are all about creating the perfect sales management software and helping real estate professionals sell more homes. Spark CRM aims to advance real estate software through intuitive design and forward-thinking technology; creating a solution built around the end-user, but designed for the business.

Lendified

Series A in 2019
Lendified Holdings Inc., based in Toronto, Canada, is a provider of online lending services aimed at small businesses and also offers lending technology to financial institutions across North America. Founded in 2015, the company operates in two main segments: Lending and Software as a Service (SaaS). The Lending segment focuses on originating and retaining loans tailored for various purposes, including cash flow, refinancing, inventory, and expansion. The SaaS segment offers web-based software subscriptions to enhance lending processes. Lendified's online platform allows small business owners, including incorporated companies and sole proprietorships, to apply for loans and receive approvals by the next business day. The company serves a range of industries, such as retail, health and beauty, and construction, leveraging its understanding of the financial needs of business owners to address gaps in traditional lending practices.

GrowthGenius

Debt Financing in 2018
GrowthGenius helps sales teams at B2B tech companies consistently fill their pipeline. We use machine learning to track 70+ buy signals, discover ideal customer profile insights, craft custom and deeply personalized email sequences, and reach out and follow-up at the perfect time, providing results 3x - 10x better than your industry average. Your pipeline is automatically filled with ready-to-buy customers. All your sales team has to do is what they do best: close the deal.

Collabware

Debt Financing in 2018
Collabware Systems Inc. specializes in lifecycle management software, focusing on intelligent information management solutions for enterprises and government organizations. The company's flagship product, Collabware CLM, is a records management tool that addresses both electronic and physical records, offering features such as automatic record declaration and content surfacing. By enhancing information and records management within SharePoint, Collabware's software ensures regulatory compliance, increases team productivity, and safeguards sensitive data. The Vancouver-based company, founded in 2010, has formed strategic alliances with various firms to broaden its service offerings, which include cloud records management, data archiving, and cross-platform discovery. Collabware supports a diverse clientele, including Fortune 1000 companies and public-sector organizations, facilitating better communication, collaboration, and decision-making through improved access to information.

Pleasant Solutions

Debt Financing in 2018
Pleasant Solutions Inc. is a software design and development company founded in 2007 and based in Victoria, Canada, with additional locations in the United States and Canada. The company specializes in transforming software and website ideas into reality, providing services that include software development, consulting, and enhancements for existing software. Pleasant Solutions offers a variety of solutions such as password management systems, website and application hosting, graphic design, and JIRA development and integration. Its clientele spans various sectors, including government, information technology, banking, and healthcare.

Environics Analytics

Debt Financing in 2018
Environics Analytics helps customers turn data and analytics into insight, strategy and results. Established in 2003, EA offers the full range of analytical services—from data supplier to strategic consultancy—and provides authoritative reports, software and modeling approaches to solve business challenges. Its team of 170 marketers, modelers and geographers help organizations identify their business problems, develop data-driven solutions and achieve success along every phase of their analytics journey.

Interwork Technologies

Acquisition in 2018
Interwork Technologies Inc., based in Toronto, Canada, is a leading distributor of data security, VoIP, information management, and communications solutions. Acquired by Lifeboat Distribution in April 2020, the company specializes in a comprehensive range of security products, including anti-virus and threat protection, data encryption, firewalls, mobile security, and compliance solutions. Interwork Technologies also provides software for terminal emulation, legacy modernization, and IT asset management, enabling organizations to effectively manage their IT inventory and usage. Additionally, the company offers VoIP solutions that optimize communication costs and enhance network reliability. With a focus on delivering best-in-class cybersecurity products, Interwork Technologies serves its clients through a network of resellers and vendors, ensuring they have access to the latest innovations in network and endpoint security, data protection, and disaster recovery. The company was founded in 1991 and operates as a subsidiary of Sea Change Corporation.

Pita Pit Canada

Debt Financing in 2018
Operator of a chain of restaurants intended to operate their restaurant business in Canada. The company's offering includes Mediterranean-style pita sandwiches, burgers, and different types of fast food and snacks, enabling customers to choose from a wide range of varieties.

Last Call Analytics

Venture Round in 2017
Last Call is a powerful sales data analytics and visualization platform that empowers frontline sales teams and managers to identify opportunities to improve sales. The company also offers girl apparel, such as t-shirts, tracksuits, thongs, guys apparel, including t-shirts, sleeveless, boxers, teddy bears, dog shirts, and clocks.

BATL (batlgrounds.com)

Venture Round in 2017
Our mission is to show people the power of being good to each other, using the axe as a tool to build community inspired by our backyard roots. Founded in 2006, BATL attracted initial seed capital in 2014 to grow from its original two Toronto locations. Since then, BATL has expanded to today operating 14 corporately owned venues across North America; offering bar service, best-in-class facilities, and expertly trained coaches to host axe throwing leagues as well as private group events ranging from 2–100+ people. BATL has been covered extensively by national and international press including the BBC, The Wall Street Journal and The Lonely Planet. To date, the company has hosted over 1.25 million visitors in leagues and private events - such as birthdays, bachelor/ bachelorette parties and corporate team building. BATL’s proprietary digital scoring system and cloud-based operating platform is also broadly licensed by third parties in the axe throwing space.

Last Call Analytics

Debt Financing in 2017
Last Call is a powerful sales data analytics and visualization platform that empowers frontline sales teams and managers to identify opportunities to improve sales. The company also offers girl apparel, such as t-shirts, tracksuits, thongs, guys apparel, including t-shirts, sleeveless, boxers, teddy bears, dog shirts, and clocks.

Hockeystick

Venture Round in 2016
Hockeystick operates an online financial data platform that connects startups with potential funders. Its cloud-based system automates data collection and reporting, providing private equity funds, venture capitalists, lenders, and companies with comprehensive reports and analytics. This enables users to monitor their portfolios effectively and drive growth. By enhancing transparency and communication, Hockeystick ensures that investors are well-informed about the businesses they support, allowing them to engage more actively, whether through strategic advice or facilitating future financing rounds.
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