Walter Financial commits second $100M to Walter Capital Partners

Walter Financial has allocated another $100 million to Walter Capital Partners, its private equity subsidiary.

Just two years after its launch, Walter Capital has successfully deployed more than half of Walter Financial’s initial $100-million allocation in a select group of high-growth Canadian businesses.

Portfolio companies of the first $100 million equity tranche include Spud.ca, BonLook, Mayrand and AlimPlus Inc., and businesses operating in the food and healthcare industries.

The balance of the first $100-million tranche will be invested in initiatives currently in the pipeline, creating the opportunity for Walter Financial to increase its capital allocation with a second equity tranche.

The allocation of this second equity tranche ahead of plan confirms the relevance of Walter Capital’s business model in the private equity sector.

“Our vision has been to work closely with entrepreneurs to accelerate their growth through our capital and the expertise of our two managing partners, both of whom are experienced business leaders,” explained René Fournier, President and CIO of Walter Financial. “The operating and financial experience of our team is a valuable asset for established businesses looking to sustain or accelerate their growth. But we’ve also shown that our approach is effective in jump-starting smaller companies and game changers with disruptive business models.”

“Our talented team knows how to make the most of the Group’s long entrepreneurial tradition to benefit today’s companies, especially companies whose leaders are looking to pass the torch in the coming years and promising up-and-comers,” said Isabelle Somers, Head of Corporate Development for the Walter Group, who herself is a next-generation leader for the family-led Walter Group. “The Walter Group is growing at a healthy clip as well. Like many other companies, we are cultivating this growth by attracting top-tier talent who can help drive our vision forward.”

Part of the Walter Group of Companies, Walter Financial is a private equity firm that invests in private and public markets. Its permanent capital base and long-term investment horizon enable Walter Financial to be a true partner for the companies it invests in. Its private-equity transactions are conducted by Walter Capital Partners, which invests capital and know-how in small and medium-sized businesses to help accelerate their growth.

photo credit: Agence BLVD

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 CPE Media's Financings.ca, the most sophisticated and advanced all private capital and public market financing database.