Private Capital Tailored To Succession Planning

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White Spruce Partners invests and helps owners of leading small-to-medium sized businesses achieve their desired succession planning goals

Overview

  • Succession Planning & Monetization
  • Community & Stakeholder Commitment
  • Professional Advisors & Patient Investors

White Spruce Partners is a family office style private investment firm focused on helping owners of leading small-to-medium sized businesses achieve their desired succession planning goals. We look to work with existing ownership to find flexible business transition solutions, with the end goal of retirement.

Headquartered in Winnipeg, Manitoba, and established in 2020, White Spruce Partners is a well-capitalized firm with a diverse group of professionals with significant operational, financial, IT, legal and transactional experience.

philosophy

  • Owners Seeking Liquidity
  • Family and Management Transition
  • Maintaining Business Legacy & Employment

Within the Prairies, there is a large market of well-run, underappreciated owner-operated businesses that have limited private capital and succession options. At White Spruce Partners we look to provide a solution for business owners who want to sell and monetize the value in their business, with the end goal of transitioning away from the daily operations.

We believe working collaboratively with existing ownership and management in an exit strategy tailored to a desired succession plan can ensure a smooth transition of ownership with limited business interruption.

Most importantly, at White Spruce Partners we listen to existing ownership and management in an effort to maintain current operations. We encourage open discussions on potential business improvements and growth initiatives. That said, we are confident we can assume existing operations, secure current employment and advance growth, which is the foundation for a successful change in ownership for all stakeholders.

Strategy

  • Succession Planning
  • Ownership & Management-led Buyouts

  • Growth Investment & Recapitalization

White Spruce Partners provides businesses the opportunity to sell and realize their equity ownership, and begin the transition for retirement by reducing day-to-day operational responsibilities.

We also welcome the opportunity to help with management-led buyouts requiring equity capital, growth capital for strategic initiatives and balance sheet restructurings for liquidity.

Investment Criteria

  • Operating Earnings of $500,000 to $5 million
  • Recurring Sales & Historical Track Record of Profitability
  • Manitoba-Based with Sales or Interest in Central Canada

At White Spruce Partners, we seek to achieve disciplined long-term financial returns for stakeholders while maintaining and fostering local employment. We look to create value through potential operational improvements, capital structure optimization, investments in growth and through add-on acquisitions.

Select Business Industries Include: Industrial Wholesale & Warehousing, Supply Chain & Transportation, Manufacturing, Healthcare Services, Information Technology Services, Agriculture, Specialized Consumer Retail.

Portfolio

Feb-2021 – White Spruce Partners is happy to announce it has acquired North End Spring
(Press Release)

Meet Our Team

Derek Nieroda

Founder & President

Derek worked in Investment Banking at CIBC Capital Markets where his primary role focused on financial consulting, debt and equity financing and M&A for private and public businesses in the agriculture, transportation, manufacturing and specialized industrial and business services sectors. Prior to CIBC Capital Markets, Derek worked for PFM Capital, a leading mid-market private equity firm focused on investing in businesses throughout the Prairies.

Derek graduated from the University of Manitoba Asper School of Business and was an athletic scholarship recipient playing for the Varsity Volleyball Team. He then went on to play for the Canadian National team where he represented Canada in Russia during the 2013 FISU Games.

In addition, White Spruce Partners has a diverse group of advisors and investment professionals with significant operational, financial, IT, legal and transactional experience.

Contact

Whether you are a business owner, a business broker, an interested investor or anything in between, please do not hesitate to reach out.

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White Spruce Partners

Headquartered in Winnipeg, MB, White Spruce Partners is a private capital provider who invests and helps owners of leading small-to-medium sized businesses achieve their desired succession planning goals

 

Get In Touch
info@whitesprucepartners.com