Covington Capital Corporation

About

Founded in 1994, Covington Capital Corporation initially established itself as one of Canada's leading providers of retail venture capital funds.
Over the last 10-15 years as the retail venture capital landscape matured and the venture captial valuation and liquidity cycle presented unique challenges that certain retail venture capital funds were incapable of negotiating, Covington Capital Corporation was proud to evolve into a solution provider to many retail venture capital fund competitors that experienced challenges.

As a result, Covington's current role in the Canadian venture capital ecosystem is as a specialist in the consolidation of mature retail venture funds and selected limited partnerships; and as a direct growth equity investor to mid-market businesses.

For direct investments Covington Capital Corporation is actively pursuing growth equity transactions, and is focussed on mid-to-late stage enterprises with a defensible market niche and strong market characteristics.

For more information on whether your enterprise would fit Covington's general invesment criteria, please refer to Investment Criteria and Targeted Industries in the Company section of the website.


Source: Covington Capital Corporation

Strategy

We understand that there is more to selling a business than the price. We look for creative solutions to address issues to maximize after-tax cash flows and other non-monetary transitional issues.

We are flexible and creative in solving challenges. From structuring the sale of the business to maximize after-tax cash flow to solving operational challenges, we look for innovative ways to help satisfy all of our stakeholders' concerns.

We seek parternerships. We are not oblivious to the fact that entrepreneurs build and run companies successfully. We work with them to maximize the potential of their businesses.

We are not passive investors. While our primary oversight will be through the Board of Directors, we will leverage our investment team's expertise and network to actively help management with strategic initiatives that add value to the business.

We bring a wealth of experience. Our investment team brings over 75 years of experience in private equity and venture capital, across a multitude of different industries from high tech software to exhaust manufacturers. We leverage our experience and network to help businesses reach their full potential.



Source: Covington Capital Corporation


  • Industry Focus
    Diversified
  • Year Founded
    1994
  • Address
    87 Front Street East, Suite 400
    Toronto, Ontario M5E 1B8
  • Key Personnel
    Phil Reddon - Managing Partner
    Scott Clark - Managing Partner
    Matt Hall - SVP Investments
    Will Jin - SVP Investments