On Tuesday, June 20th, GTAN celebrated seven years of unprecedented success for its members and our community when presenting the three winners of the 6th annual Pauli Awards at Bingemans in Kitchener. The Pauli Awards is a celebration of GTAN’s many successes, including its Angels committing more than $35 million... Read More
(CAMBRIDGE, ONTARIO, May 10, 2017) - NorthSpring Capital Partners announced recent investments in five high growth companies located in the Toronto-Waterloo technology corridor. "We are seeing some really exciting opportunities in the early stage technology sector. With the additional capital, they are hiring additional marketing and technical staff, accelerating R... Read More
(CAMBRIDGE, ONTARIO, October 1, 2015) - Today, NorthSpring Capital announced their mid-year report on 2015 investment activities in private, small and medium sized business located in Southern Ontario. “We are seeing a surge in traditional companies for sale as baby-boomer and older entrepreneurs finally decide to sell after getting their... Read More
(CAMBRIDGE, ONTARIO, September 17, 2012. NorthSpring Capital Partners (“NorthSpring”) today announced the closing of an investment in Exocor Inc. (“Exocor”) of St. Catharines, ON. NorthSpring and Roynat Capital provided subordinated debt financing to enable Exocor to complete the acquisition of Huntington Alloys Canada Ltd., operating as Controlled Products Group (C.P.G.),... Read More
(CAMBRIDGE, ONTARIO, Dec. 5, 2011) NorthSpring Capital Partners (“NorthSpring”) announced today the closing of a subordinated debt financing to enable local parts manufacturer to implement a major productivity improvement project. Commented Brian Hunter, President of NorthSpring, “Our client had experienced a doubling of sales in the past two years. As... Read More
(CAMBRIDGE, ONTARIO, March 8, 2011) NorthSpring Capital Partners ("NorthSpring") today announced the closing of a subordinated debt financing to Benevito Foods Inc.("Benevito Foods") Toronto, ON. NorthSpring provided a $700,000 revolving credit facility to enable Benevito Foods to continue its rapid sales growth from a combination of new customers and new... Read More
(CAMBRIDGE, ONTARIO, November 17, 2010) NorthSpring Capital Partners ("NorthSpring") today announced the closing of an investment in Pegasus Direct Mail Worx Inc. ("Pegasus") of Hamilton, ON. NorthSpring provided $400,000 of mezzanine financing to enable Dan Schottlander, the former General Manager of Pegasus, and his wife Anne, to complete a management... Read More
(CAMBRIDGE, ON, May 20, 2010) On May 11, 2010 Northbridge Capital Partners Inc. ("NCP") changes its name to NorthSpring Capital Partners Inc. Brian Hunter, President, commented: "We realized that the Northbridge name is used by a number of financial services businesses and in order to avoid any confusion in the... Read More
(CAMBRIDGE, ON, March 9, 2010) NorthSpring Capital Partners ("NCP") today announced the closing of its first portfolio investment in PresGlas, a division of Camali Industries (NA) Inc. NCP provided $550,000 of mezzanine financing, which will help enable PresGlas to meet the increased demand and potential from existing and new customers.... Read More
At a time when the economy is in bad shape and venture capital is as scarce as hens’ teeth, a local banker and an industrialist have joined forces to start a new fund, one designed for managers who want to buy out the owners of manufacturing-related companies. NorthSpring Capital Partners,... Read More
