Profile
Corporate information
Also known as
CBGF
Registration country
Also known as
CBGF
Registration country
Investment activity status
Active investor
Company type
Canadian fund focused on long-term minority investments in small and medium-sized companies looking to grow or scale operations.Overview
Launched in 2018, the Canadian Business Growth Fund (CBGF) provides long-term, patient, minority capital to ambitious entrepreneurs to fund growth and expansion of mid-market businesses in Canada with typical investments between $3 and $20 million. An evergreen investment fund with capital commitments of $545 million from Canadian financial institutions, CBGF is committed to long-term partnerships with the companies it invests in.
Fund terms
Vintage
2017
Funding
Funding rounds
Fund Closing CAD 500,000,000
(13 Mar 2017)
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
ATB Financial | Initial investment. Round participant. | ||
|
Bank of Canada | Canada | Initial investment. Round participant. | |
|
BMO Financial Group | Canada | Initial investment. Round participant. | |
|
Canadian Western Bank | Canada | Initial investment. Round participant. | |
|
|
CIBC World Markets Inc | Canada | Initial investment. Round participant. | |
|
Great-West Lifeco Inc | Initial investment. Round participant. | ||
|
|
HSBC Canada | Canada | Initial investment. Round participant. | |
|
Laurentian Bank of Canada | Canada | Initial investment. Round participant. | |
|
Manulife Financial Corp | Initial investment. Round participant. | ||
|
National Bank of Canada | Canada | Initial investment. Round participant. | |
|
|
Sun Life Financial Inc | Canada | Initial investment. Round participant. | |
|
The Bank of Nova Scotia | The third largest bank in Canada by deposits and market capitalization. | Canada | Initial investment. Round participant. |
|
Toronto Dominion Bank | Canadian bank which is the sixth largest bank in North America by branches. | Canada | Initial investment. Round participant. |
Cap Table
Current and past shareholders
| Investor | Contacts | Round | |
|---|---|---|---|
|
|
ATB Financial |
Fund Closing | |
|
|
Bank of Canada |
Fund Closing | |
|
|
BMO Financial Group |
Fund Closing | |
|
|
Canadian Western Bank |
Fund Closing | |
|
|
CIBC World Markets Inc |
Fund Closing | |
|
|
Great-West Lifeco Inc |
Fund Closing | |
|
|
HSBC Canada |
Fund Closing | |
|
|
Laurentian Bank of Canada |
Fund Closing | |
|
|
Manulife Financial Corp |
Fund Closing | |
|
|
National Bank of Canada |
Fund Closing | |
|
|
Sun Life Financial Inc |
+1 (416) 979-9966 |
Fund Closing |
|
|
The Bank of Nova Scotia The third largest bank in Canada by deposits and market capitalization. |
Fund Closing | |
|
|
Toronto Dominion Bank Canadian bank which is the sixth largest bank in North America by branches. |
Fund Closing |
Investments
Investment preferences
Focus countries
Canada
Selected investments
| Company | Country | Date | Notes | ||
|---|---|---|---|---|---|
|
ShopperPlus Canadian e-commerce platform. |
Canada | 8 Sep 2021 | Series A Initial investment. Led the investment round. Active |
|
|
Appnovation Technologies Inc |
Canada | 13 Aug 2019 | Venture Led the investment round. Active |