CBGF Celebrates Two-Year Launch Anniversary
This month we celebrate our two-year anniversary since our launch on June 19th, 2018. Since then, CBGF has been busy building our team to 19 employees who have contributed to our 6 new partnerships this year, bringing our portfolio to a total of 14 growing Canadian companies including 1 follow on investment.
We have deployed $39.25 million in capital this year towards the Canadian economy amidst the COVID-19 pandemic, bringing us to $127.8 million of invested capital to date. The companies we’ve backed can be found across Canada, in British Columbia, Saskatchewan, Manitoba, Ontario, and Nova Scotia. Since our initial investments in each portfolio company, they have together created a total of 549 new jobs.
CBGF is proud to have been one of the most active growth capital investors during the COVID-19 pandemic. Despite the uncertainty in the market and the shock to our economy as a result, we are grateful to be able to continue to support the growth of these impressive Canadian companies, and our Canadian economy. Thank you to all of our stakeholders, partners, advisors and all of those who have shown support over the last two years.
Downsizing Business Services
CBGF IN THE NEWS
CBGF provides long-term, patient, minority capital to ambitious entrepreneurs to fund growth and expansion of mid-market businesses with investments between $3 and $20 million. An evergreen investment fund with an initial capital commitment of $545 million and projected future contributions to reach $1 billion, CBGF is committed to long-term partnerships with the companies it invests in. As part of its mission to drive growth, CBGF connects business leaders and sector experts to help its partner businesses achieve their full potential.