Clairvest Group Inc. (T:CVG*CA)
Business Focus: Private Equity
| Sector: Financials | Industry: Investment Management & Fund Operators |
| Company Contact | |
| Address: | 22 St. Clair Avenue East, Suite 1700 TORONTO ON M4T 2S3 |
| Tel: | 1-416-9259270 |
| Website: | https://www.clairvest.com |
| IR: | See website |
| Key People | ||
| Michael A. Wagman President, Managing Director, Director | Kenneth B. Rotman Chief Executive Officer, Managing Director, Director | B. Jeffrey Parr Vice Chairman of the Board, Managing Director |
| Daniel Cheng Chief Financial Officer | James H. Miller General Counsel, Corporate Secretary | |
| Business Overview |
| Clairvest Group Inc. is a Canada-based private equity management company. The Company is specialized in partnering with management teams and other stakeholders of both emerging and established companies. It seeks to form mutually beneficial investments with entrepreneurial businesses. It invests its own capital, and that of third parties, through Clairvest Equity Partners III Limited Partnership (CEP III), Clairvest Equity Partners IV Limited Partnership (CEP IV), Clairvest Equity Partners IV-A Limited Partnership (CEP IV-A), Clairvest Equity Partners V Limited Partnership (CEP V), CEP V HI India Investment Limited Partnership (CEP V India), Clairvest Equity Partners V-A Limited Partnership (CEP V-A), Clairvest Equity Partners VI Limited Partnership (CEP VI), Clairvest Equity Partners VI-A Limited Partnership (CEP VI-A), and Clairvest Equity Partners VI-B Limited Partnership (CEP VI-B) (together, the CEP Funds). It invests in various industries, such as gaming, insurance and other. |
| Financial Overview |
| For the nine months ended 31 December 2023, Clairvest Group Inc revenues decreased 99% to C$1.7M. Net loss totaled C$29.5M vs. income of C$66.2M. Revenues reflect Distributions and interest income decrease of 83% to C$25.9M, Interest & Fees on Loa decrease from C$32M to -C$16.5M, Carried interest from Clairvest Equity P decrease of 64% to C$2.7M. Net loss reflects Employee compensation and benefits increase from C$12.3M to C$30M (expense). |
| Employees: | 47 as of Mar 31, 2023 |
| Reporting Currency: | Canadian Dollars |
| Enterprise value: | $851.00M as of Dec 31, 2023 |
| Annual revenue (TTM): | $8.01M as of Dec 31, 2023 |
| EBITDA (TTM): | -$38.65M as of Dec 31, 2023 |
| Net annual income (TTM): | -$43.29M as of Dec 31, 2023 |
| Free cash flow (TTM): | -$54.70M as of Dec 31, 2023 |
| Net Debt Last Fiscal Year: | N/A |
| Shares outstanding: | 14,852,412 as of Mar 4, 2024 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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