Tricor Pacific Capital launches mid-market diversified investments initiative

Tricor Pacific Capital, Inc. has launched its diversified investments initiative focused on new acquisition opportunities in middle-market companies in light manufacturing, business & consumer services or specialty retail.

Mark Townsend and Chuck Cosman will co-lead the initiative.

Led by Rod Senft, Tricor was originally established in 1996 as a private equity firm investing its own and institutional capital in mid-market companies. In 2015, the institutional fund management transitioned to Parallel 49 Equity, while Tricor shifted its focus to become a single-family office. Since then, Tricor (in partnership with management) has built Founders Group of Food Companies and Tricor Pacific Lands, while continuing to manage its pre-existing investments.

In addition to Founders, Pacific Lands and Parallel 49 Equity, Tricor’s investments also include Pender West, Premium Brands Holdings Corp. (TSX: PBH), and W.R. Dwan Realcorp.

photo credit: Tricor Pacific Capital

News Release

Tricor Pacific Capital Launches Diversified Investments Initiative

Tricor Pacific Capital, Inc. (“Tricor”), one of Canada’s leading family offices, actively invests its own capital in a broad portfolio of companies in the food, real estate and industrial sectors. Today, we are excited to announce the launch of our Diversified Investments initiative focused on new acquisition opportunities that meet the following criteria:

Middle-market companies in light manufacturing, business & consumer services or specialty retail
EBITDA of $2 – 6 million
Located in western Canada or western US
Majority-control transactions
Preference for founder succession, management buyout or recapitalization scenarios

Our office combines decades of transaction & operational experience having made control investments in over 80 private companies. As a family office, we invest only our own capital, and have a very long investment horizon. We invest, build and hold assets intergenerationally, to create lasting benefit in the lives of our partners, our employees, our family and our community.

Tricor was originally established in 1996 as a private equity firm investing our own and institutional capital in mid-market companies across North America. Under the leadership of Rod Senft, Tricor managed four separate funds, with total equity capital of $1.2 billion. In 2015, the institutional fund management transitioned to Parallel 49 Equity, while Tricor shifted its focus to become a single-family office. Since the transition, Tricor (in partnership with management) has built Founders Group of Food Companies (“Founders”) and Tricor Pacific Lands, while continuing to manage its pre-existing investments.

Tricor has appointed Mark Townsend and Chuck Cosman to co-lead our Diversified Investments initiative. Mark brings extensive experience in capital markets, mergers & acquisitions and financial operations. He was most recently with Founders, where he was a core member of the origination and execution team that successfully acquired eleven companies in four years. Chuck most recently spent several years with lululemon athletica, working in multiple management roles across different functional groups of the organization. He brings a strong operations background with experience in product management, inventory planning, sales & marketing, retail management and people development.

A complete overview of our current portfolio and additional details about Tricor are available on our website: www.tricorpacific.com

Please contact Mark or Chuck to schedule a call to learn more about the Diversified Investments initiative and to discuss any opportunities that may be a fit.

Contact Details
MARK TOWNSEND
Principal, Diversified Investments
mtownsend@tricorpacific.com
Cell: +1 (604) 908-7974

CHUCK COSMAN
Principal, Diversified Investments
ccosman@tricorpacific.com
Cell: +1 (604) 362-7242

Ted Liu

Ted Liu, M.Sc. (Mining), MBA (Finance), is the Editor of Private Capital Journal and CanadaMetals.ca, and former Editor of Canadian Private Equity. Ted has been passionately tracking Canadian private capital industry since 1992, most recently served as Research Director for The Canadian Venture Capital and Private Equity Association (CVCA). Ted was the architect of CVCA infobase, and is the architect of sophisticated and advanced CPE Media Private Capital Dealbase.

Ted is President of CPE Media Inc., Canada's independent, trusted and unbiased data provider tracking Canadian VC/PE, private capital industry and public market.