FEB
2017

FEBRUARY 6, 2017

The Advisory Council released a series of reports with their recommendations for improving the prospects for inclusive economic growth in Canada, including the Canadian Business Growth Fund in the Second Report “Unlocking Innovation to Drive Scale and Growth”.

Business men
Parliment

MARCH 9, 2017

The Government of Canada welcomes the announcement by Canada’s leading financial institutions to establish a business growth fund that will help ambitious Canadian companies get the capital they need to grow and succeed globally. This will help them create good, well-paying middle class jobs, and will grow Canada’s economy over the long term.

MAR
2017

MAR
2017

MARCH 9, 2017

Canada’s leading banks and insurance companies today announced their intent to create a fund to invest in Canadian businesses over the next decade to bolster growth and innovation.

Group photo
Dale Ponder

OCTOBER 5, 2017

The Canadian Business Growth Fund, which will be an independently managed entity supported by Canada’s leading banks and insurance companies, today announced the appointment of George Rossolatos to the position of CEO effective January 2018. Mr. Rossolatos will be working alongside Dale Ponder, the Fund’s newly appointment independent Chair.

OCT
2017

JUN
2018

JUNE 19, 2018

CBGF today announced the launch of its fund and the start of its national mandate to help Canadian entrepreneurs access the capital they need to drive growth and expansion for their high potential mid-market businesses.

The Open
Lift Auto Founders
lift auto

OCTOBER 2, 2018

CBGF announces first investment in Lift Auto Group, based in Kelowna, BC

CBGF announced that it has invested $15 million in Lift Auto Group. The deal was CBGF’s first investment as part of its mandate to provide long-term, patient, minority capital to ambitious entrepreneurs and their high-growth mid-market Canadian companies.

OCT
2018

DEC
2018

DECEMBER 11, 2018

CBGF announces PayBright as its first investment in Ontario

Paybright Team
paybright logo
man and woman
Vendasta logo

JULY 16, 2019

CBGF announces Vendasta as its first investment in Saskatchewan

JUL
2019

AUG
2019

AUGUST 13, 2019

The Canadian Business Growth Fund and a similar pioneering fund in the U.K., Business Growth Fund, partner up to invest $15-million in a Vancouver-based digital consulting firm, the first such joint financing between the two entities.

cbgf logo
BFG
appnovatioin-logo
Provider of the year

NOVEMBER 21, 2019

CBGF recognized as the 2019 Provider of the Year by the Canadian Private Equity Summit

NOV
2019

JUN
2020

JUNE 4, 2020

CBGF announces Proposify as its first investment in Nova Scotia

proposify logo
Libre Stream Logo

JUNE 23, 2020

CBGF announces Librestream as its first investment in Manitoba

JUN
2020

JUL
2020

Mobile Klinik
busbud founders
busbud logo

JULY 31, 2020

CBGF announces 15th investment since launch and first investment in Quebec with Busbud

JUL
2020

JAN
2021

affirm + paybright
Diversity in Action
ilpa

MARCH 8, 2021

CBGF signs Diversity in Action initiative and becomes an ILPA signatory

The ILPA Diversity in Action initiative brings together limited partners and general partners who share a commitment to advancing diversity, equity and inclusion in the private equity industry. The goal of the initiative is to motivate market participants to engage in the journey towards becoming more diverse and inclusive and to build momentum around the adoption of specific actions that advance DEI over time.

MAR
2021

JUN
2021

JUNE 23, 2021

CBGF holds inaugural CEO Portfolio Day bringing together its portfolio company CEOs

The purpose of the CBGF Portfolio Event is two-fold, to provide high-profile educational speakers covering non-traditional topics, and to bring together our portfolio company leaders.

Cold Bore Technology logo

JULY 29, 2021

CBGF announces Cold Bore Technology as its first investment in Alberta

JUL
2021

AUG
2021

AUGUST 18, 2021

CBGF announces 20th investment since launch in Quebec-based Shopper+

shopper plus
Most Active Private Equity investors

August 31, 2021

CBGF recognized by CVCA as one of the Most Active Private Equity Investors and the seller of one of the top 3 disclosed PE exits in the first half of 2021

AUG
2021

DEC
2021

Celebrating 25 Investments