What we do
Investment criteria
What we invest in, and on what terms.
The businesses we invest in, the positions we take, how our capital is committed and what we do after investing. If a business falls outside these, we say so early.
Sectors
We stay inside four sectors we can assess ourselves.
- Industrials & manufacturing
- Energy services
- Business services
- Real assets
Criteria
What a business needs to look like.
Geography
Western Canada first — Alberta, British Columbia and Saskatchewan — and occasionally elsewhere in North America.
Stage
Established businesses. We do not invest in early-stage or pre-revenue companies, or in distressed turnarounds.
Position
Set by how much the owners want to sell. We do not require control to invest.
Commitment size
No fixed minimum. Size is discussed case by case.
Holding period
No fixed exit date. Corvian does not operate a fund with a set term, so timing is discussed with the owners rather than set by a fund calendar.
How capital is committed
Our own capital, on terms agreed in writing first.
- Source
- Corvian’s own capital. There are no outside fund investors behind the firm.
- Terms first
- Terms are agreed in writing before any capital is committed.
- Timing
- Committed at closing, or in agreed stages where the plan calls for it.
- Structure
- The holding structure, and who holds title to what, is agreed in writing before closing.
After investment
A board role and capital-allocation input. Management runs the business.
Our involvement covers governance and capital decisions, not day-to-day operations.
- Board
- A board seat or an observer role, as set out in the terms.
- Capital allocation
- Input on how the business allocates capital.
- Support
- Help when management asks for it.
- Reporting
- A reporting schedule agreed in writing at closing.
- Operations
- Stay with the management team. We do not run the business.
Not a fit
What we do not invest in.
If your situation is on this list, we are not the right investor.
- Early-stage venture and pre-revenue companies
- Distressed turnarounds and restructurings
- Businesses outside industrials and manufacturing, energy services, business services and real assets
- Public-market activism and short positions
- Blind-pool funds and commingled vehicles
Does your business fit?
Send a few lines on what it does, where it operates and what you need. We will tell you early if it falls outside these criteria.