Headwater Equity Partners

Headwater Equity Partners, established in 2012 and headquartered in Vancouver, Canada, is a private equity firm focusing on lower mid-market investments in Western Canada. The company specializes in various transaction types, including acquisitions, management buyouts, and growth capital financing, targeting companies with revenues exceeding $10 million and EBITDA above $2 million. Headwater invests in both minority and majority stakes, seeking businesses with strong fundamentals, good margins, and defensible competitive positions, ensuring alignment with other shareholders and management.

Erik Hall

Vice President

Daniel Jacques

Co-Founder and Managing Partner

Simon Koch

Co-Founder and Managing Partner

Mack Thibeault

Partner

3 past transactions

Frost Fighter

Acquisition in 2014
Frost Fighter Inc., founded in 1965 and based in Winnipeg, Canada, specializes in designing, engineering, and manufacturing portable climate control systems. The company offers a diverse range of products, including direct and indirect fired heaters powered by propane, natural gas, oil, or diesel, along with air conditioning units and portable cooling systems. Frost Fighter's portable evaporative coolers and a variety of accessories, such as diagnostic readers and ducting options, support a wide array of applications. These include concrete curing, industrial painting, pipeline development, mining, pest control, flood restoration, and general construction heating. The company is recognized for its reliable and durable industrial-grade heating systems, which are engineered for safety and efficiency, making them the preferred choice for customers operating in extreme weather conditions across North America and beyond.

911 Industrial Response

Acquisition in 2014
911 Industrial Response Inc. is an emergency medical company based in Grande Prairie, Canada, specializing in pre-hospital care services across Northern British Columbia, Northern Alberta, the Yukon, and the Northwest Territories. Founded in 2003, the company caters to various sectors including mining, oil, gas, construction, and forestry. It provides a comprehensive range of services such as industrial emergency medical services, ambulance services, first aid training, and industrial safety training. Additionally, 911 Industrial Response operates a fleet of mobile treatment centers and emergency transport vehicles, along with offering gas detection services and high-angle rescue capabilities. Their focus is on delivering tailored medical coverage and safety services to meet the unique needs of clients operating in remote locations.

Interior Heavy Equipment Operator School

Private Equity Round in 2012
Interior Heavy Equipment Operator School Ltd. is a training institute based in Lake Country, Canada, established in 2005, specializing in excavation and construction equipment training. The school offers a variety of hands-on courses that cover the operation of heavy machinery, including graders, loaders, dozers, articulated rock trucks, and excavators. Training is designed for both inexperienced and experienced operators, incorporating practical machine operation, field theory, safety protocols, and preventive maintenance. Additionally, the school provides support services such as resume building, mock job interviews, and career exploration assignments. The programs aim to prepare operators for employment in sectors such as forestry, mining, civil engineering, road building, and oil and gas.
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