Matt Barr, a private equity manager and partner with Omnigence Asset Management, talks about the enormous investment opportunity for private equity investors as a tsunami of baby boomers, who own small businesses, retire over the next 10 years.
A $2 trillion opportunity awaits private equity investors as millions of baby-boomers in Canada retire and sell their businesses over the next decade, according to a report from the Canadian Federation of Independent Business.
The report states 76% of Canadian business owners plan to exit their business within the next decade, with 49% of these business selling to an unrelated buyer.
Omnigence Asset Management partner fund, Avore Partners, is actively deploying capital to buy companies in the small to mid-market space. To date, the fund has purchased 12 companies worth a combined value for $320 million AUM. So far it has focused its attention on buying companies in the following industries: automotive maintenance, civil security, building products, environmental testing and master franchisors.
Mario Toneguzzi
Mario Toneguzzi is Managing Editor of Canada’s Podcast. He has more than 40 years of experience as a daily newspaper writer, columnist, and editor. He was named in 2021 and 2024 as one of the top business journalists in the world by PR News. He was also named by RETHINK to its global list of Top Retail Experts 2024.
About Us
Canada’s Podcast is the number one podcast in Canada for entrepreneurs and business owners. Established in 2016, the podcast network has interviewed over 600 Canadian entrepreneurs from coast-to-coast.
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