Private Equity
As a private equity investor in the Canadian middle market, Sharno focuses its investment allocations on opportunities in which its team can provide active and value-add support to the talented and dedicated entrepreneurs and business operators it seeks to identify.
Sharno, supported by its broad and deep network of co-investor partners and sector experts, seeks to partner with existing management teams to support the long-term growth initiatives of its investee companies. While its private equity strategy is focused on control investments, Sharno’s entrepreneurial philosophy enables it to effect a variety of structures and bespoke solutions for transitioning business owners. Sharno also has specific experience in restructuring transactions.
Target acquisition size: Sharno typically invests in companies that generate between ~$2M to ~$10M of annual EBITDA; such target is driven by a base minimum to allow the overlay of professional management and an upper-end focus below the radar of competitive private equity firms.
Industry focus: While generally agnostic to industry sector, the Sharno team’s experience is focused in retail, manufacturing, consumer brands, real estate, and transportation & logistics. Sharno does not typically invest in highly technical sectors and avoids companies with significant commodity price exposure and dependence.
Geographic exposure: Primarily North America, but focused on Canada.
Sharno is not a private equity fund manager. Sharno provides business owners an alternative liquidity solution which endeavours to support the established culture and success characteristics of a business through such succession transition.
• No fixed holding period; while maintaining a long term horizon.
• No customer or supplier concentration limits or other restricting criteria typical to established private equity funds.
• Roster of strong operating partners across a variety of industries to support investment initiatives.
• Preference to opportunities in which the core operating team wishes to stay on through a transaction.
• Mandate is to provide liquidity opportunities to owners of businesses through a succession plan; offering flexible buyout solutions.
With a focus on equitable corporate citizenship and doing business with integrity, Sharno prioritizes efforts that support a company’s dedicated work-force and various stakeholders to ensure the continued legacy of established businesses.