corporate history

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”.

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.

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.

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.

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.

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.

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.

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.

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.