Geographic Focus
We seek to fill the gap in Quebec’s underserved succession market
Share of SMB owners planning to retire* with no clear succession plan
Quebec
60%
Ontario
45%
US
40%
* Within the next decade
The SMB landscape in Quebec features a high concentration of family-owned enterprises, many facing succession challenges.
Nearly 60% of Quebec SMB owners plan to retire within the next decade, with many lacking clear succession plans — higher than Ontario (45%) and the U.S. (40%). Additionally, 30% of SMB owners in Quebec are over the age of 55. This creates an opportunity for a search fund focused on the Montreal metro area, as many owners seek exit strategies with limited continuity options. The combination of an underserved market and aging owners provides an attractive landscape for investors to capitalize on transition-ready companies.
BDC. (2023). Small Business Transition and Succession Planning in Canada. Business Development Bank of Canada.
KPMG. (2022). Family Business Succession Trends: Canada vs. United States. KPMG International.
Opportunistic lens
Businesses in Eastern Ontario face similar challenges
In addition to focusing on the Greater Montreal metro area and its surroundings, we are also expanding our search to include businesses in Eastern Ontario. This region presents significant opportunities for acquisition, with a large number of businesses facing succession challenges as many owners near retirement.
Eastern Ontario is home to a diverse range of businesses across industries like manufacturing, construction, and professional services, providing a fertile ground for value creation through leadership transition, digital modernization, and growth initiatives. By including Eastern Ontario, our search fund aims to capitalize on these opportunities, bringing our expertise in succession planning and operational improvements to help local businesses thrive.