EdgeStone Partners

EdgeStone Partners

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Investment Firm

Overview

EdgeStone Partners is a private equity and venture capital arm of GMP Securities, specializing in direct investments and fund of funds investments. It seeks to make private equity, mezzanine, and venture capital investments in middle market, seed/startup, early venture, mid venture, late venture, industry consolidation, recapitalizations, roll-up strategy, management buy-in or buy-out, divestiture of non-core business and growth capital stages Within direct investments.

EdgeStone Partners seeks to invest in venture capital funds and private equity funds within fund of fund investments. It specializes in investments in venture capital and buyout funds through its fund of funds.

EdgeStone Partners manages and invests through its funds, Later Stage Equity (EdgeStone Capital Equity Fund); Mezzanine Debt; Energy Capital (EdgeStone Capital Energy Fund), and Venture Capital (EdgeStone Capital Venture Fund) funds. It prefers to invest in light manufacturing, business, and consumer and financial services.

EdgeStone Partners seeks to invest in companies based in North America with a focus on Canada. It seeks to invest in Canada and focuses on primary investments, with a limited amount of capital allocated to secondary investments. It typically invests between $5 million and $15 million.

EdgeStone Partners seeks to invest in companies with EBITDA range of $10- $50 million and Enterprise Value range of $50- $250 million. It seeks to invest in equity and equity related securities, and prefers majority ownership/control positions and active board involvement in its portfolio companies and targets an IRR of 20 percent to 25 percent per year.

EdgeStone Partners exits an investment within a period of three to seven years. It preferred exit options include: sale to a strategic or financial buyer; share re-purchase by the company; initial or secondary public offering; and financial restructuring and targets an IRR of 40 percent. It prefers to invest between Cdn $25 million ($22.14 million) and Cdn $60 million ($53.15 million) and more through the Later Stage fund.

EdgeStone Partners seeks to make subordinated debt, preferred share, and related equity investments in buyouts, going private transactions, growth capital financings, expansion capital, and acquisitions of middle market and later stage private and public companies through the Mezzanine Debt fund (EdgeStone Capital Mezzanine Fund). It seeks to invest in companies based in North America through the mezzanine fund.

EdgeStone Partners typically invests between Cdn $10 million ($8.85 million) and Cdn $40 million ($35.43 million) in its portfolio companies and also considers higher investments. It seeks an IRR between 15 percent and 20 percent and exits its investment within a period of three to seven years.

The fund also prefers to take a seat on the Board of Observers of its portfolio companies. Through its Energy Capital (EdgeStone Capital Energy Fund), the firm makes acquisition and organic growth investments in small and mid-sized public and private companies. The firm seeks to make equity and equity related investments in the exploration, production, and service sectors of the energy industry, oil and gas, and other energy-related sectors through the Energy Capital fund.

EdgeStone Partners primarily invests in companies based in Western Canada. It prefers to invest $5 million to $10 million per transaction.

EdgeStone Partners seeks to invest in common equity or equity-related securities, such as preferred shares or convertible debt. It seeks to exit its investments in three to five years; has an Observer attend at all the board meetings of portfolio companies.

EdgeStone Partners seeks to invest in early and mid- stage technology companies through its Venture Capital fund (EdgeStone Capital Venture Fund). It seeks to invest in companies that sell technology solutions to the enterprise and where the intellectual property resides in the software.

EdgeStone Partners typically invests between Cdn $3 million ($2.59 million) and Cdn $10 million ($8.65 million) in its portfolio companies. It typically holds its investments for three to five years, targets an IRR of 40%, and it also makes co-investments.

EdgeStone Partners also seeks membership on the Board of Directors of its portfolio companies. It seeks to invest in the telecommunications and other high technology sectors.

EdgeStone Partners began operation in February 1999. It has its headquarters in Toronto in Canada with additional offices in Montréal and Calgary in the same country.

Highlights

Founded

1999

Industry

Financial Services

Employees

1-10

Investment

27

Lead Investment

5

Exits

14

Stages

Early Stage Venture, Late Stage Venture, Private Equity

Investor Type

Private Equity Firm

Location

Toronto, Ontario, Canada, North America

Contact Information

Social

Profile Resume

EdgeStone Partners, established in 1999 and headquartered in North America., specializes in Early Stage Venture, Late Stage Venture, Private Equity investments across Video, TV, Financial Services, Venture Capital, Finance, Banking, Enterprise Software, Manufacturing, Product Design, Semiconductor. The organization boasts a portfolio of 27 investments, with an average round size of $10.1M and 14 successful exits. Their recent investments include Overlay.tv, Tech Capital Partners, Celtic House Venture Partners, BreconRidge, Redmere Technology. The highest investment round they participated in was $10.0B. Among their most notable exits are Overlay.tv and Tech Capital Partners. Explore their portfolio in detail, see who is connected to them, and find their contact information on our platform.

Employees

imagePlace Andrew Walton

Andrew Walton

Principal

imagePlace Sarah Goel

Sarah Goel

Vice President

imagePlace Gilbert S. Palter

Gilbert S. Palter

Chief Investment Officer and Managing Partner

imagePlace Bryan W. Kerdman

Bryan W. Kerdman

Partner

imagePlace Sandra Bosela

Sandra Bosela

Partner

imagePlace Stephen O. Marshall

Stephen O. Marshall

Partner

Investment portfolio

EdgeStone Partners has made 27 investments. Their most recent investment was on Aug 14, 2012, when Spectra7 Microsystems raised $11.0M.

investments

27

Diversity investments

0

Lead investments

5

Number of exits

14

Investments

27

Annouced DateOrganization NameIndustryMoney Raised
Sep 29, 2010
Work.com Work.com
Software7.0M
Jan 01, 2012
Porter Porter
Travelnull
Mar 27, 2012
Densify Densify
Software15.0M
Aug 14, 2012
Spectra7 Microsystems Spectra7 Microsystems
Virtual Reality11.0M

Exits

14

Funding Timeline

Funding rounds

27

Investors

0

Funds

1

Funding Rounds

27

EdgeStone Partners has raised 27 rounds. Their latest funding was raised on Aug 14, 2012 from a Venture Round - Spectra7 Microsystems round.

Annouced DateTransaction NameNumber of InvestorsMoney RaisedLead Investor
Sep 29, 2010
Series A - Work.com Series A - Work.com
-7.0M-
Jan 01, 2012
Private Equity Round - Porter Airlines (Canada) Limited Private Equity Round - Porter Airlines (Canada) Limited
-0-
Mar 27, 2012
Series C - Densify Series C - Densify
-15.0M-
Aug 14, 2012
Venture Round - Spectra7 Microsystems Venture Round - Spectra7 Microsystems
-11.0M-

Investors

0

There is no funding round available on this profile

Fund raised

2

Susa Ventures has raised a total of $590M across 6 funds, their latest being Susa Ventures Opportunities II. This fund was announced on Aug 30, 2021 and raised a total of $250M.

Annouced DateFund NameMoney Raised
May 10, 2013
fund image OTPPLESS
1.0M
May 11, 2013
fund image OTPPLESS
1.0M

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