Who We Are

“PFM was established to provide a home grown solution to the lack of capital available for Saskatchewan businesses, aiming to provide companies with the capital required to execute their strategic goals while adding long-term value to the benefit of all stakeholders. Our experience, combined with rigorous due diligence and monitoring standards, has established a strong track record of investment performance and deal flow focused on growth capital, management buyout and expansion financing transactions. We hold all of our partners and investees in the highest regard and personally invest in all of the funds that we manage. We make it a point to align our interests with those of our partners and are committed to building mutually-beneficial relationships.”

– Randy Beattie, President, PFM Capital Inc.

People

PFM Capital is an employee-owned investment management firm.

Founded in 1989 as a corporate finance company, PFM has been managing private equity and venture capital funds since 1993.

Click here to meet the team

$1.2

Billion in capital raised

36

Years experience

The Numbers tell the story.

Magnifying Glass

Experienced management teams + rigorous due diligence & monitoring standards.

PFM has a strong track record of steady high-quality deal flow and investment management, providing strong returns to the firm’s investors.

Strategy

PFM Capital invests in mid-market businesses, with the objective of achieving long-term capital appreciation. By strategically focusing on both yield and growth, we are able to structure our investments in a way that suits both our investors and our portfolio companies. We use a broad range of securities, from common equity to subordinated debt, which ensures that our investees are able to grow and execute on their business plan without ever impeding the balance sheet.

Growth

Growth

A significant number of our target industries, such as:

  • Industrials + Manufacturing
  • Mining Services
  • Oil & Gas Production
  • Oil & Gas Services

Are growth focused industries that tend to rely on equity injections for expansion opportunities. These opportunities create strong growth in the portfolio company.

Yield

Yield

We build portfolios of private companies that can generate yield for our investors over the life of their investment.

By targeting established mid-market companies in a variety of sectors we are able to take advantage of existing cash flow in those companies to fund distributions to our shareholder, where appropriate.

Our investment portfolio is constantly being targeted toward different sectors to provide yield for our investors.

Results

Placement activity as at December 31, 2025.

Industrials

Energy (E&P)

Energy (Services & Midstream)

Value-Added Ag

Real Estate

Other

As at December 31, 2025, the Apex series of funds has invested over $325 Million of capital in more than 70 portfolio companies

Our Typical Investment

At PFM we are able to structure our transactions using a variety of instruments and ownership stakes to match the needs of our investee companies. While our flexibility allows us to invest in a wide range of companies and industries our business partners typically exhibit the following attributes:

  • Well aligned experienced management teams,
  • Market segments with growth potential,
  • 5-8 year investment timeframe,
  • A clear identifiable exit opportunity,
  • EBITDA of $5 – $10 MM and/or enterprise value over $25 MM.

If a company matches our investment criteria we would typically invest $10 – $50 MM in a single financing.

Featured Investments

Sexton Family of Companies

Industrials

Founded in 1967 and originally based in Regina, SK, Sexton Family of Companies (SFOC) offers an integrated distribution, buying and transportation platform in the building materials industry across its four business lines: Sexton Group, Kenroc Building Materials, Builders Choice, and Sexton Transport.

Surface

Consumer Discretionary

Founded in 2008, Surface Hair develops and sells a complete portfolio of high-performance hair care products for salons and stylists. Surface Hair carries over 200 products, comprised of shampoo and conditioner, styling products, oil treatment and coloring products. Inspired by salon owner and international hair stylist Wayne Grund, Surface was founded on the principle of respecting personal health and the Earth. Surface Hair offers a culture of education, client service and technical expertise.

Woodland Development Corp

Energy (E&P)

Woodland Development Corp. is a private oil and gas producer with assets concentrated in southeast Saskatchewan. Woodland has an enviable management team with extensive experience throughout Saskatchewan and has been at the forefront of asset optimization and reactivations.

For our full portfolio:

SaskWorks Diversified SaskWorks Resources Apex II Investments Apex III Investments Apex IV Investment Fund