Brightspark brings on Jacques Perreault as senior partner


© 1996 - 2018, Desjardins Capital.
© 1996 - 2018, Desjardins Capital.

Canadian early-stage venture capital firm Brightspark has hired Jacques Perreault as a senior partner. Operating from the firm’s office in Montréal, Perreault will evaluate startups, create deal flow, and support new and existing investments. He joins Brightspark after working for 20 years in senior roles in the VC industry, most recently at Desjardins Capital, where he served as associate vice president of technology investments. Before joining Desjardins in 2008, Perreault served as a vice president at MMV Financial and as a partner at Caisse de dépôt et de placement du Québec‘s technology affiliate.

PRESS RELEASE

Jacques Perreault Joins Brightspark as Senior Partner

Will leverage his extensive expertise in financing technology companies to accelerate the firm’s investment pace

TORONTO and MONTREAL – May 10, 2018 – Brightspark today announced the expansion of its leadership team with the addition of Jacques Perreault as Senior Partner. In this role, working from the Brightspark Montreal office, Perreault will evaluate startups and create deal flow for the firm, support new investments and existing portfolio companies, and participate on boards of directors.

Over the past 20 years, Perreault has been actively involved in the financing of Canadian technology companies. He played a leading role in the development and growth of the technology subsidiary of the Caisse de dépôt et de placement du Québec (formerly known as Sofinov), one of the largest venture capital organizations dedicated to the financing of Canadian technology businesses. He has been directly involved in market consolidation (M&A) activity and exits for a cumulative value of more than $1.25 billion.

“Jacques is joining us at a very exciting time in our business where we have a huge appetite for technology startup investment opportunities from both our existing network and other high net worth individuals across the country that are now exploring this asset class,” said Sophie Forest, Managing Partner at Brightspark. “He adds tremendous experience to our team and, with his broad network, will bring even greater deal flow to the table.”

Perreault comes to Brightspark from Desjardins Capital where, as Associate Vice President of Technology Investments, he managed $110 million in technology investments and was instrumental in helping portfolio companies raise more than $250 million over four years. Prior to that, he was Senior Vice President at MMV Financial – an important player in the venture debt market in Canada and the US – where he managed and supported the growth of the firm’s existing portfolio, sourced and prioritized new investment opportunities, and established new partnerships.

“I have known the Brightspark Ventures team for more than 15 years and have been closely connected with them in my previous roles,” said Perreault. “As a strong believer in Brightspark’s vision and founder friendly model for venture investing, I will be focused on increasing the investment pace while helping to maintain the quality of support and involvement for current portfolio companies.”

Perreault has personally invested in Brightspark portfolio companies using the firm’s new model and investment platform. He also currently sits on the board of nGuvu, a Brightspark portfolio company.

In addition to participating on several boards of directors, Perreault has also been a member of the advisory committees of Boston-based Grandbanks Capital and Commonwealth Capital Ventures, and Montreal’s Orbit Ventures.

About Brightspark
Brightspark is one of Canada’s top performing venture capital firms, investing in exceptional entrepreneurs and producing unprecedented returns for investors since 1999. The firm is leading an evolution in venture capital, enabling individuals to invest in top-tier, early-stage Canadian tech companies. To join the Brightspark network, visit brightspark.com.

Media Contact
Jodi Echakowitz | Boulevard Public Relations (for Brightspark)
T: 416-271-7250
E: [email protected]

Photo courtesy of Desjardins Capital

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