Private Equity Investment Management
Discover Our Story
Who We Are
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.
$1.052
Billion in capital raised
34
Years experience
The Numbers tell the story.
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
Yield
Results
Investment Activity Since Inception (As at December, 31, 2022)
Industrials
Energy (E&P)
Energy (Services & Midstream)
Ag Products & Services
Consumer Discretionary
Opportunistic Situations
As at December 31, 2022, PFM had:
Over $1,046 million of capital raised.
Invested $1,114 million in 139 portfolio companies.
Exited 83 companies for $583 million in realized gains.
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 $2 – $10 MM and/or enterprise value of $10 – $50 MM.
If a company matches our investment criteria we would typically invest $5 – $25 MM in a single financing. We will invest more or less than our typical transaction amount depending on the circumstances of the particular investment opportunity.
Featured Investments
The Sexton Family of Companies is an integrated distribution, buying group and transportation business in the building materials industry. Founded by Ken Sexton in 1967, the company has grown over the years through strategic acquisitions and organic growth, expanding across Western Canada. Today, the Sexton Family of Companies is widely recognized for its innovative and customer-centric approach, as well as its unwavering commitment to quality. The sexton Family of Companies comprises five main businesses, each with its unique strengths and capabilities. Kenroc Building Materials is a leading supplier of construction materials, including drywall, insulation, steel studs, and ceiling systems, serving the construction sector with a focus on the Western Canada market. Tage Davidsen is a gypsum dealer, offering high-quality products and solutions to the construction industry in Calgary and the surrounding area. Builders Choice specializes in providing tools, hardware, and accessories for specialized trade contractors, complementing the products from Kenroc Building Materials and Tage Davidsen. Sexton Transport is a long-haul trucking company that provides transportation and delivery services through Canada to various customers in the building material space. Finally, the Sexton Group is a buying group that arranges bulk purchases of building products for its members throughout Canada, including building materials dealers, hardware retailers, specialty dealers, and manufactured structure specialists. Together, these businesses form a unique and dynamic company that enables the Sexton Family of Companies to serve the needs of customers across various sectors, positioning it for continued growth and success.
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, guest service and technical expertise.
Industrials
TAM International is a global freight forwarder, focused on providing a full scope of logistics solutions for specialized material around the world. The Company was founded in 2004 and is headquartered in Saskatoon with satellite offices in Whitby, Ontario; Vancouver, British Columbia; Paducah, Kentucky; Chester, England; and New Delhi, India. In December, PFM partnered with the existing senior management team to allow the founding shareholders to exit and the current management shareholders to strategically increase their equity position. PFM’s investment will help position the Company to continue to grow and maintain the highest standards of customer service.
For our full portfolio:
