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PE / Debt VCs in Canada

67 funds

This directory lists 67 private equity, venture debt, and debt funds actively investing in Canadian companies. The group ranges from large institutional players like Brookfield Asset Management and BDC Financing (which deployed over $9.7 billion in annual loan acceptances) to mid-market specialists like Birch Hill Equity Partners, which has completed 36 deals across healthcare, industrial, and business services. Check sizes and stage preferences vary widely.

Some funds target emerging growth companies or venture-stage technology investments, while others focus on buyouts of stable, profitable mid-sized businesses with $1 million to $5 million in EBITDA. Sectors represented include technology, healthcare services, financial services, manufacturing, and specialty media. Debt providers offer venture loans, equipment financing, working capital, and purchase order financing alongside traditional equity investments.

This list includes both Toronto-based regional operators and larger North American firms that maintain active lending programs for Canadian entrepreneurs and business owners.

AIP Private Equity

Toronto, ON
Multi-StagePE / Debt

Focuses on emerging growth companies primarily in financial services, technology, and resource sectors, providing private equity, private debt, and venture capital.

Financial ServicesTechnologyResourcesHealthcare/Life Sciences

Alphi Capital

Toronto, ON
PE / Debt

Invests in small and medium-sized Canadian companies in the business and healthcare services and telecom industries.

Business ServicesHealthcare ServicesTelecom

Altas Partners Inc.

Toronto, ON
PE / Debt

North American private equity firm focused on selectively acquiring significant interests in high-quality businesses with meaningful growth potential, primarily in services sub-sectors.

Financial ServicesConsumer Products & ServicesHealthcare/Life SciencesIndustrial & Manufacturing

BDC Financing

Canada
PE / DebtGrowth

BDC's debt financing arm providing loans to Canadian businesses across all stages. Over $9.7B in annual loan acceptances across 123+ business centres serving 60,000+ clients. Products include tech com

TechnologyClean EnergyHealthcareManufacturing

BDC Thrive ETA Fund

Canada
PE / Debt

A $50M first-of-its-kind fund in Canada supporting women in acquiring and operating companies. Targets stable, profitable mid-sized companies with EBITDA of $1M-$5M via search fund, management buyout,

Mid-market BusinessesDiverse Sectors

Beringer Capital Partners Ltd.

Toronto, ON
PE / Debt

Private equity firm focused on the marketing services and specialty media industry.

Marketing ServicesSpecialty Media

Birch Hill Equity Partners Management Inc.

Toronto, ON
PE / Debt

Leading Canadian mid-market private equity firm with 5 funds raised and 36 deals recorded.

Business Products & ServicesHealthcare/Life SciencesIndustrial & ManufacturingMobile & Telecommunications

BMO Technology & Innovation Banking

Toronto, ON
PE / DebtGrowth

BMO's technology and innovation banking group launched in 2019 providing venture debt and growth financing to Canadian tech companies. Expanded aggressively post-SVB to capture market share.

TechnologySaaSLife SciencesFinTech

Brevet Capital Management

New York, NY, USA
PE / Debt

NY-based ~$2B fund specializing in private debt and special situations. Cited by CVCA as a top lender to Canadian companies. Founded in 1998 with $20B+ in transactions structured over 20+ years.

TechnologyGovernment ServicesSpecial Situations

Brookfield Asset Management

Toronto, ON
GrowthPE / Debt

One of the world's largest alternative asset managers headquartered in Toronto. Invests in technology-enabled growth companies through Brookfield Growth and Technology Growth Partners.

InfrastructureIndustrialsBusiness ServicesTechnology

CAI Capital Partners

Vancouver, BC
PE / Debt

Private equity firm specializing in buyouts, restructurings, acquisitions, recapitalizations and other corporate growth initiatives.

Industrial & ManufacturingAutomotive & TransportationBusiness Products & Services

Canadian Business Growth Fund (CBGF)

Toronto, ON
PE / Debt

Provides capital to entrepreneurs to fund growth and expansion of mid-market businesses.

Internet Software & ServicesSoftwareBusiness Products & ServicesEnvironmental

CDPQ (Caisse de dépôt et placement du Québec)

Montreal, QC
GrowthPE / Debt

Canada's second-largest pension fund and one of the world's largest institutional investors. Active direct investor and LP in the Canadian VC ecosystem.

Private EquityInfrastructureReal EstateTechnology

CIBC Innovation Banking

Toronto, Ontario
Multi-StagePE / Debt

Strategic advice, cash management, and flexible capital solutions to innovation companies. Financing from $1M to $100M+.

AgtechAICybersecurityFintech

CIEL Capital

Toronto, ON
PE / Debt

Family-run private equity firm.

Industrial & Manufacturing

Clairvest Group Inc

Toronto, ON
PE / Debt

Founded in 1987, top-performing private equity management firm with over C$4B in AUM, focused on owner-led growth-oriented businesses with a collaborative, minority-friendly approach.

Industrial & ManufacturingLeisureEnvironmentalUtilities

Clearspring Capital Partners

Toronto, ON
PE / DebtGrowth

Leading Canadian mid-market PE firm investing through buyouts, growth and acquisition financings since 2002.

IndustrialsBusiness ServicesHealthcare

Cordiant Capital

Montreal, QC
PE / Debt

Founded in 1999, specializes in infrastructure private equity and private debt. Manages approximately $3.4B in assets.

Energy InfrastructureDigital InfrastructureAgriculture

Dawson Partners

Toronto, ON
PE / Debt

Founder-friendly PE firm focusing on lower mid-market businesses with a focus on generational transitions and succession planning.

Business ServicesIndustrialsConsumer ProductsHealthcare

Desjardins Capital

Montreal, QC
GrowthPE / Debt

Private equity arm of Desjardins Group (Canada's largest cooperative financial group) since 1974. Provides venture and growth capital to Quebec businesses.

TechnologyManufacturingRetailServices

Easly

Vancouver, BC
PE / Debt

Connects Canadian businesses of all sizes and maturities, across all industries, to non-dilutive capital through debt financing against tax credits.

Internet Software & ServicesHealthcare/Life SciencesIndustrial & ManufacturingEnergy & Power

Espresso Capital Ltd.

Toronto, ON
PE / DebtMulti-Stage

Provides growth financing to companies based on their tax credits from programs such as SR&ED and digital media; over 542 deals recorded.

SoftwareInternet Software & ServiceseCommerceBusiness Products & Services

Fengate Private Equity

Toronto, ON
PE / Debt

Investment management firm specializing in infrastructure and real estate, a subsidiary of Fengate Corporation operating since 1974.

InfrastructureReal EstateCleanTechHealthcare/Life Sciences

FirePower Capital

Toronto, ON
PE / Debt

Advises and invests in Canada's entrepreneurs, helping promising mid-market companies complete mission-critical transactions including acquisitions, sales, and growth capital injections.

Internet Software & ServicesFinancialBusiness Products & Services

Flow Capital

Toronto, ON
PE / Debt

Publicly listed provider of flexible growth and alternative capital, supporting revenue-generating, VC-backed, and founder-owned companies seeking growth capital with minimal dilution.

Healthcare/Life SciencesConsumer Products & ServicesSoftware

Fulcrum Capital Partners Inc.

Vancouver, BC
PE / Debt

Provides flexible private equity and mezzanine financing to the Canadian middle market; spun out from HSBC Bank Canada.

Industrial & ManufacturingBusiness Products & ServicesConsumer Products & ServicesFood & Beverages

Greenrock Family Office

Toronto, ON
PE / Debt

Family office encompassing financial aspects of real estate oversight and family business governance.

Real EstateFamily Business

Headwater Equity Partners Inc.

Vancouver, BC
PE / Debt

Private equity fund focused on making private investments in Western Canadian companies.

Western Canadian companies

Hercules Capital

Palo Alto, CA, USA
PE / DebtGrowth

Largest non-bank venture debt lender globally with $10B+ portfolio. Active lender to Canadian tech and life sciences companies. Publicly traded (NYSE: HTGC). Provides venture debt from $5M-$200M+.

TechnologyLife SciencesSaaSSustainable & Renewable Tech

Highland West Capital Ltd.

Vancouver, BC
PE / Debt

Private equity firm that blends the depth of large fund experience with the flexibility of a family office.

Industrial & ManufacturingAgribusinessFood & Beverages

Horizon Technology Finance

Farmington, CT, USA
PE / DebtGrowth

Non-bank venture lending company providing venture debt to VC-backed technology, life sciences, healthcare, and sustainability companies. Publicly traded (NASDAQ: HRZN). Active in the North American m

TechnologyLife SciencesHealthcareSustainability

Imperial Capital Group Ltd

Toronto, ON
PE / Debt

Toronto-based private equity fund manager focused on buyout opportunities in the Canadian and American mid-market.

Consumer Products & ServicesHealthcare/Life SciencesSoftwareFood & Beverages

Instar Asset Management Inc.

Toronto, ON
PE / Debt

Independent alternative asset management firm (joint venture between Instar Group and AGF Management Limited), with 2 funds and 41 deals.

Energy & PowerAgribusinessAutomotive & TransportationForestry

Ironbridge Equity Partners Management Limited

Toronto, ON
PE / Debt

Private equity firm focused exclusively on the Canadian lower middle-market in traditional industries including manufacturing, distribution, consumer products and services.

Industrial & ManufacturingBusiness Products & ServicesFood & BeveragesEnergy & Power

IVEST Consumer Partners

Vancouver, BC
GrowthPE / Debt

Vancouver-based PE firm focused on consumer brands. Portfolio generates $1.5B+ in annual retail sales.

Consumer ProductsRetailBrand Licensing

JPMorgan Chase Canada (Innovation Economy)

Toronto, ON
PE / DebtGrowth

JPMorgan's Canadian innovation economy unit expanding aggressively with 5 dedicated tech bankers. Hired Scotiabank's former head of TIB (David Rozin) to lead Canadian expansion, picking up hundreds of

TechnologySaaSFinTechLife Sciences

Kensington Capital Partners

Toronto, ON
GrowthPE / Debt

High-performing alternative investment firm active since 1996 with diversified strategy across private markets. Backed by VCCI program. Invests in VC, growth equity, and mid-market buyouts.

TechnologyGrowth EquityMid-market Buyouts

Kinterra Capital Corp

Toronto, ON
PE / Debt

Invests in people, ideas, critical minerals, and strategic infrastructure necessary to accelerate the energy transition.

Critical MineralsEnergy TransitionInfrastructure

LBI Capital Group

Edmonton, AB
PE / Debt

Acquires commercial and industrial businesses with proven success and reliable annual revenues between $2M and $20M.

Commercial & Industrial

Maverix Private Equity

Toronto, ON
PE / Debt

Private equity firm focused on technology-enabled growth and disruption.

Technology

National Bank Technology Banking

Montreal, QC
PE / DebtGrowth

National Bank's technology banking group offering venture lending, growth and M&A financing for tech companies for over 20 years. Acquired SVB's ~C$1B Canadian loan portfolio in 2023. Also operates NA

TechnologySaaSFinTechLife Sciences

Novacap Management Inc.

Longueuil, QC
PE / Debt

Founded in 1981, leading Canadian private equity firm with C$8B+ AUM and 90+ platform companies, applying sector-focused approach in TMT, Industries and Financial Services.

Internet Software & ServicesMobile & TelecommunicationsFinancialIndustrial & Manufacturing

OKR Financial

Calgary, AB
PE / Debt

Specializes in providing bridge financing to technology companies across Canada.

Technology

OMERS Private Equity Inc.

Toronto, ON
PE / Debt

Making private equity investments since 1987 on behalf of OMERS, one of Canada's largest pension plans with over $60.8B in assets; manages over $6.5B globally.

Business Products & ServicesHealthcare/Life SciencesInternet Software & ServicesAutomotive & Transportation

Onex Corporation

Toronto, ON
PE / Debt

Founded in 1984, one of Canada's oldest private equity firms committed to acquiring and building high-quality businesses in partnership with talented management teams.

Business Products & ServicesFinancialIndustrial & ManufacturingHealthcare/Life Sciences

PaceZero Capital Partners

Toronto, ON
PE / DebtGrowth

Sustainability-focused private debt firm executing credit investments in growth-stage technology companies.

EnvironmentalSoftwareInternet Software & ServicesCleanTech

Peloton Capital Management

Toronto, ON
PE / Debt

Toronto-based middle-market private equity firm with 4 funds and 235 deals recorded, primarily in healthcare, financial, and business services.

Healthcare/Life SciencesFinancialBusiness Products & Services

Persistence Capital Partners

Montreal, QC
PE / Debt

Private equity fund exclusively focused on high-growth opportunities in the healthcare field.

Healthcare/Life SciencesSoftwareRetail

PFM Capital Inc.

Regina, SK
PE / DebtMulti-StageSeed

Employee-owned investment management firm focused on private equity investment in Western Canada and Saskatchewan; managing PE and VC funds since 1993.

Energy & PowerReal EstateIndustrial & ManufacturingInternet Software & Services

PillarFour Capital Partners Inc.

Calgary, AB
PE / Debt

Focused on investing in small and mid-cap oilfield service companies.

Industrial & ManufacturingEnergy & PowerEnvironmental

PRIVEQ Capital Funds

Toronto, ON
PE / Debt

Founded in 1994, Toronto-based private equity firm managing several portfolios with assets of $85M.

Healthcare/Life Sciences

RBCx

Toronto, ON
Series ASeries B+PE / Debt

Backer of Canada's most daring innovators and idea generators; RBC's technology growth banking and venture arm.

Internet Software & ServicesCleanTechEnergy & PowerHealthcare/Life Sciences

Regimen Equity Partners Inc.

Vancouver, BC
PE / Debt

Private equity firm specializing in the ownership transition of small to mid-size Canadian organizations, transforming profitable enterprises through strategic acquisitions.

Industrial & ManufacturingFood & BeveragesConsumer Products & Services

Roynat Capital Inc.

Ottawa, ON
PE / Debt

Member of the Scotiabank Group; Canada's leading merchant bank specializing in innovative long-term capital and business solutions for mid-sized companies.

Automotive & TransportationIndustrial & ManufacturingFood & BeveragesEnvironmental

Sagard Private Equity Canada

Montreal, QC
PE / Debt

Focuses on Canadian middle-market investment opportunities.

Industrial & ManufacturingFood & BeveragesSoftware

Scotiabank Technology & Innovation Banking

Toronto, ON
PE / DebtGrowth

Scotiabank's tech lending arm with ~C$2B lent to Canadian tech companies including BenchSci, Helcim, GeoComply, and Field Effect. Launched in 2019, expanded post-SVB collapse. Also operates via subsid

TechnologyCybersecuritySaaSFinTech

SeaFort Capital Inc.

Halifax, NS
PE / Debt

Private investment firm funded by the McCain, Sobey, and other prominent families; 2 funds and 39 deals recorded.

Industrial & ManufacturingAutomotive & TransportationFinancialBusiness Products & Services

Stifel Venture Banking

Toronto, ON
PE / DebtGrowth

Venture banking division of Stifel providing venture debt ($1M-$50M+), treasury management, and capital raising for seed through IPO-stage tech companies. Over 100 bankers, $10B+ in loan commitments.

TechnologySaaSFinTechLife Sciences

TD Innovation Partners (TDIP)

Toronto, ON
PE / DebtGrowth

TD Bank's full-service innovation banking platform launched in 2024, providing venture debt, banking, and financing solutions for technology companies at all stages. Staffed by former SVB and RBCx lea

TechnologySaaSCleantechLegalTech

Top Renergy Inc. (TRE)

Vancouver, BC
SeedPE / Debt

Venture capital firm with 2 funds raised and 23 deals recorded, primarily in BC.

Internet Software & ServicesSoftwareComputer Hardware & Services

TorQuest Partners

Toronto, ON
PE / Debt

Leading Canadian-based manager of private equity funds seeking investments in middle-market and later-stage companies through opportune acquisitions and strategic leadership.

Industrial & ManufacturingBusiness Products & ServicesConsumer Products & Services

Trinity Capital

Phoenix, AZ, USA
PE / DebtGrowth

Non-bank venture debt and equipment financing provider for growth-stage companies backed by leading venture capital firms. Publicly traded (NASDAQ: TRIN). Active lender in the North American market in

TechnologyLife SciencesGrowth Stage Companies

TriWest Capital Partners

Calgary, AB
PE / Debt

One of Canada's leading private equity firms with experience in service, manufacturing and distribution sectors.

Energy & PowerIndustrial & ManufacturingAutomotive & TransportationRetail

Vertu Capital

Toronto, ON
GrowthPE / Debt

Invests in and works closely with premier late-stage Canadian technology companies to achieve their long-term goals.

SoftwareInternet Software & Services

Walter Capital Partners

Montreal, QC
GrowthPE / Debt

Montreal-based PE firm partnering with management teams of mid-market businesses in Quebec and Canada to drive growth.

TechnologyHealthcareBusiness Services

Westcap Mgt. Ltd.

Saskatoon, SK
Multi-StagePE / Debt

Venture capital and private equity manager of Golden Opportunities Fund Inc. and First Nations and Métis Fund (FNMF), with 7 funds and 179 deals.

Healthcare/Life SciencesEnergy & PowerInternet Software & ServicesFood & Beverages

Western Technology Investment (WTI)

Portola Valley, CA, USA
PE / DebtSeedEarlyGrowth

Pioneered venture debt in 1980. $7.8B deployed across 1,400+ companies including Canadian firms. Now investing out of 11th institutional fund. Acquired by P10 in 2022. Flexible, founder-friendly lendi

TechnologySaaSLife SciencesEnterprise Software