Bond Capital tapped to run Beedie Capital’s $85 mln PE fund

Canadian growth financing firm Beedie Capital Partners has selected Bond Capital to manage its $85 million private equity fund. Based in Vancouver, Bond Capital is a provider of mezzanine debt, financing and equity to businesses in Western Canada and the Western United States. With the addition of Beedie Capital’s fund, Bond Capital will have six funds under management. The partnership between the two firms will “significantly increase the scale and geographic reach of our joint investments,” said Davis Vaitkunas, founder of Bond Capital. With its headquarters in Vancouver, Beedie Capital is funded by industrial landlord and developer Beedie Development Group.

PRESS RELEASE

Strategic Alliance Looks to Create Canada’s Largest Independent Merchant Bank

VANCOUVER, BRITISH COLUMBIA, May 04, 2015 (Marketwired via COMTEX)

Beedie Capital Partners announced today that it has selected Bond Capital, Western Canada’s leading private lender, to manage its $85 million private equity fund. The alliance will effectively create Canada’s largest merchant bank.

“Bond Capital has proven success in private equity management,” said Ryan Beedie, president of Beedie Capital Partners. “Our alliance represents tremendous opportunity for small- and medium-sized enterprises looking for investment capital.”

With the addition of Beedie Capital Partners, Bond Capital now has six private equity funds under management.

“Bond Capital’s investment mandate is to advance up to $30 million per transaction directly to entrepreneurs managing cash-flow-positive companies with a value range of $8 million to $300 million,” said Davis Vaitkunas, founder of Bond Capital. “Working with Beedie Capital will significantly increase the scale and geographic reach of our joint investments.”

Since launching four years ago, Beedie Capital Partners has invested or committed more than $85 million, establishing a reputable portfolio that includes YYoga, Nettwerk Music Group, Vino Vilo and Zafin.

“With so many successful and high-profile brands in our portfolio, we want to elevate Beedie Capital to the next level,” said Beedie.

The relationship between Bond Capital and Ryan Beedie dates back 12 years, when Beedie became an investor with the company.

“With such a long-standing, successful relationship, it was only a matter of time that we decided to work together on a different scale,” said Vaitkunas.

Beedie Capital is fully funded by Beedie Development Group, British Columbia’s largest private industrial landlord and developer. Beedie Capital’s investments range from $2 million to $10 million.

Last month, Bond Capital marked 13 years in business, making it the oldest and largest provider of private debt with equity links in Western Canada. Bond Capital also works in the Western USA.

Beedie Capital Partners

Beedie Capital Partners provides highly-flexible growth financing solutions for small- to medium-sized enterprises across a wide variety of industry sectors. Managed by a small team of decision-makers, Beedie Capital was established in 2011 and has invested or committed $85 million with 14 portfolio investments. www.beediecapital.com

Bond Capital

Established 13 years ago and based in Vancouver, BC, Bond Capital provides mezzanine debt, financing and equity to businesses in Western Canada and the Western USA. It offers complete banking, capital structure, and merger & acquisition services. www.bondcapital.ca

Contacts:
Media Contact:
Renu Bakshi
604 787 1873
renu@renubakshi.com

SOURCE: Beedie Capital Partners

Photo of Davis Vaitkunas and Ryan Beedie courtesy of Beedie Capital Partners