Yellow Point Equity Partners has acquired a majority stake in MacKay CEO Forums. The transaction closed on May 23, 2019. Financial terms were not disclosed.
Founded by CEO Dr. Nancy MacKay, Vancouver based MacKay CEO Forums (MCF) is a provider of professionally-led peer learning groups for CEOs and executives. MCF accelerates the performance of results-oriented business leaders through its efficient time requirements and high-impact approach. MCF has grown its membership base exponentially to over 1,000 members across Canada.
MacKay CEO Forums is Yellow Point’s fifth investment in its fourth fund, Yellow Point Equity Partners IV Limited Partnership, a $150 million 2015-vintage fund backed predominately by founding CEOs and entrepreneurs.
Yellow Point Equity Partners III is a 2012-vintage fund. With the closing of MacKay CEO Forums, Yellow Point is well positioned for its upcoming fundraising for its fund V.
photo credit: MacKay CEO Forums
YELLOW POINT COMPLETES INVESTMENT IN MACKAY CEO FORUMS
Posted on June 3, 2019
MAY 23, 2019 – Yellow Point Equity Partners (“Yellow Point”) is pleased to announce the closing of an investment in MacKay CEO Forums (“MCF” or the “Company”), a Vancouver-based provider of professionally-led peer learning groups for CEOs and executives.
For nearly 15 years, MCF has been committed to populating the world with inspiring leaders through peer-based learning for executives. Founded by CEO Dr. Nancy MacKay, the Company organizes professionally facilitated peer learning groups for CEOs, executives, and business owners. MCF accelerates the performance of results-oriented business leaders through its efficient time requirements and high-impact approach.
“I am looking forward to working with Yellow Point as my new partner, particularly as we continue building and expanding our leadership community and member experience,” Nancy said. “Yellow Point represents an investor base comprised primarily of CEOs and other executives of successful Canadian businesses. This is truly a marriage of two outstanding executive networks, and we believe the combination will drive MCF’s reach and ability to enhance leadership in the coming years.”
Dave Chapman, Managing Partner of Yellow Point said, “we have been exceptionally impressed by the team at MCF. MCF is the fastest growing executive learning program in Canada, with over 1,000 members across the country. This exceptional growth is testament to the Company’s steadfast management, best-in-class forum chairs and dedicated network of forward-thinking corporate executives.”
This was Yellow Point’s fifth investment in its fourth fund, which had its final close in late 2015.
ABOUT YELLOW POINT
Yellow Point Equity Partners has been actively helping its management partners build better businesses for over 15 years. The firm invests in outstanding management teams of later-stage growth companies based primarily in western Canada and aims to be the long-term partner of choice for Canada’s leading mid-market companies. Yellow Point’s approach is supportive, hands-off with respect to day-to-day operations and active when it comes to strategic decisions and board work.
For more information, please contact us or visit www.ypoint.ca.