Gap Debt Fund

Gap Debt Fund, managed by FirePower Capital, is a Canadian debt fund based in Toronto. It specializes in providing gap and bridge term debt to Canadian companies across various sectors, with a focus on technology and manufacturing. The fund targets investments ranging from $1 million to over $40 million, seeking opportunities for short-term financing, including SR&ED financing and receivable financing. In addition to its debt offerings, FirePower Capital also advises Canadian mid-market companies on mergers and acquisitions, facilitating transactions valued between $10 million and $250 million. Since its inception in 2012, the fund has aimed to offer sophisticated financial solutions and support to lower mid-market businesses, fostering growth and enabling strategic transactions.

Sebastien Douville

Partner and COO

Ilan Jacobson

Founding Partner & Chief Executive Officer

Jared Kalish

Partner, Private Capital

Anthony Lipschitz

Partner, Private Equity

Trevor Simpson

Associate Partner, Private Debt

Past deals in Ontario

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.

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 ofmpanies

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

Property Vista Software inc.

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 enabling workplace wellbeing for corporate wellness. The platform provides employees with the resources needed to lead healthy lifestyles and to provide management with a solution to manage and measure its impact. It inspires employees to get fit and empowers employers to manage and quantify their corporate wellness. Sprout was founded in 2012 by Martha Switzer and Christina Ford and is headquartered in Toronto, Ontario, Canada.

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 that specializes in providing a comprehensive suite of software solutions for the cannabis industry in Canada and Jamaica. Founded in 2014 and headquartered in Toronto, the company offers a seed-to-sale platform that enables users to track and manage all stages of cannabis growth, production, and sales. Its product offerings include AmpleCentral, a tracking and reporting system for regulators; AmpleExchange, a procurement platform for cannabis products; and AmplePayments, a payment solution tailored for cannabis businesses. Additionally, Ample Organics provides AmpleCare, which facilitates electronic patient acceptance for licensed holders, AmpleData for retail analytics, and AmpleLearn for education on seed-to-sale software. The company also supplies essential tools such as labels, scanners, and scales for tracking and packaging cannabis products. Ample Organics serves a diverse clientele that includes license holders, regulators, and clinics, contributing to the creation of safe and transparent cannabis industries.

Konfidis

Private Equity Round in 2019
Konfidis specializes in providing investors with high-quality Single-Family Rental (SFR) properties throughout Ontario. The company aims to simplify the process of investing in residential real estate by offering innovative solutions for searching, acquiring, and managing real estate investments. By leveraging its expertise and resources, Konfidis facilitates seamless investment opportunities for clients, regardless of their location.

Lendified

Series A in 2019
Lendified Inc. provides online small business loan application. The company’s application lets users to apply for loan online, and get approved and small business loan the next business day. It offers loans to small businesses, including incorporated companies, limited partnerships, and/or sole proprietor organizations. The company has a strategic partnership with Chase Paymentech. Lendified Inc. was founded in 2015 and is based in Toronto, Canada. Lendified Inc. operates as a subsidiary of Lendified Holdings Inc.

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.

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.

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
Smart companies understand that investors want to know what's going on in your business. It's a key part of the venture investing model and the best investors are expecting more data and more discipline around sharing it. But it's not all about them. You benefit when your investors (and advisors) are better informed. It lets them jump in and help, whether it's opening that door or leading the next financing round.