Clairvest Group founder Joseph Rotman passes away

Joseph L. Rotman, founder of Canadian private equity firm Clairvest Group and a member of its board of directors, has passed away. Rotman founded the Toronto-based based firm in 1987. Update: According to the Rotman School of Management, which was named after him, Rotman was appointed as an Officer of the Order of Canada in 1995. He was also inducted into the Canadian Business Hall of Fame as a Companion in 2009.

PRESS RELEASE

Clairvest Group Mourns the Passing of Its Founder and Board Member Joseph L. Rotman

TORONTO, ON–(Marketwired – January 28, 2015) – Clairvest Group Inc. (TSX: CVG) (“Clairvest”) is deeply saddened by the passing of Joseph L. Rotman, founder of Clairvest and member of the company’s Board of Directors.

Mr. Rotman founded Clairvest in 1987 with the vision of using capital and wisdom to support the development of young companies and entrepreneurs applying the values of integrity, fairness and partnership. These guiding values are and will remain core to Clairvest. A great Canadian whose mission was to continually improve everything he touched, Mr. Rotman leaves a lasting legacy having meaningfully contributed to Canada’s business, education, healthcare and arts organizations.

Our deepest condolences go out to his family, friends and colleagues.

About Clairvest

Clairvest Group Inc. is a private equity management firm that invests its own capital, and that of third parties through the Clairvest Equity Partners limited partnerships, in businesses that have the potential to generate superior returns. In addition to providing financing, Clairvest contributes strategic expertise and execution ability to support the growth and development of its investee partners. Clairvest realizes value through investment returns and the eventual disposition of its investments.

Contact Information
Clairvest Group Inc.
Tel: (416) 925-9270

Photo courtesy of Western University