FEB
2017
FEBRUARY 6, 2017
The Advisory Council on Economic Growth recommended the creation of a private sector led Business Growth Fund
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”.
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.
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.
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
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.
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
JUNE 23, 2020
CBGF announces Librestream as its first investment in Manitoba
JUN
2020
JUL
2020
JULY 31, 2020
CBGF announces 15th investment since launch and first investment in Quebec with Busbud
JUL
2020
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.
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+
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
April 27, 2022
CBGF realizes its third exit with Connected being acquired by Thoughtworks
APR
2022
JUL
2022
JULY 26, 2022
CBGF announces ProcedureFlow as its first investment in New Brunswick
February 21, 2023
CBGF celebrates its 30th investment since launch in 2018 with the investment in Specialty Medical Partners
FEB
2023