Fulcrum Capital Partners Completes Management Buyout from HSBC Capital (Canada)

Fulcrum Capital Partners Inc. has completed the management buyout of the mid market mezzanine lending and private equity investment operations of HSBC Capital (Canada) Inc.

Led by Chair and Managing Partner Dave Mullen, Neil Johansen and John Philp, along with an investment management team of 13, Fulcrum will manage over C$750m in capital focusing on providing flexible private equity, mezzanine and bridge financing to entrepreneurial businesses in Canada. These investments typically support management buyouts, acquisitions, going-private transactions, leveraged buyouts, corporate growth, financial restructurings and project and property financings.

Fulcrum, which established its first fund in 1993 and recently closed its fourth fund, PEF 2010 Limited Partnership, at C$180m, will continue to operate from offices in Vancouver and Toronto.

FinSMEs

28/11/2011

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