BNET Industries

Market Cap:$1.4B
Last Fiscal Year Sales:$49.4M
  • Public
  • CA
Dow Jones Description

Founded in 1987, Clairvest is a Toronto-based private equity investment firm with over C$600 million of equity capital under management. We invest in successful mid-market companies, principally in North America, across a wide array of industries.

Number of Employees 19
Contact Information

22 St Clair Avenue East Suite 1700

Toronto, Ontario M4T 2S3

clairvest.com

(416) 925-9270

NAICS Code Commercial Banking: 522110

Recent Events

  • Clairvest Group Q2 Profit Rises - Quick Facts

    11/12/09 - Financial Announcement - View Story

  • Clairvest Reports Fiscal 2010 Second Quarter Results

    11/12/09 - Stock Split / Dividend - View Story

  • Clairvest Group earns $662,000 in Q1

    8/13/09 - Financial Announcement - View Story

  • Clairvest Reports Fiscal 2010 First Quarter Results Highlights - June 30, 2009 book value per...

    8/13/09 - Stock Split / Dividend - View Story

  • BRIEF-Clairvest names Daniel Cheng as CFO

    7/24/09 - Mgmt. Change Entering - CFO - View Story

  • Clairvest Announces Appointment of Daniel Cheng as CFO

    7/24/09 - Mgmt. Change Leaving - CFO - View Story

News & Analysis

clairvest group inc. - All News and Analysis

  • Clairvest Announcement

    - 2009-06-12

    Clairvest Group Inc. (TSX: CVG) today announced that Clairvest Equity Partners III Limited Partnership and CEP III Co-Investment Limited Partnership (collectively "Clairvest") have entered into a share purchase option agreement on June 10, 2009 with Celerity Partners SBIC, L.P. ("Celerity") pursuant to which Clairvest has been granted an...

    Tags: Clairvest Group Inc.

  • Clairvest Announcement.

    - 2009-06-12

    TORONTO, ONTARIO, Jun 12, 2009 Marketwire via COMTEX -- Clairvest Group Inc. (TSX:CVG) today announced that Clairvest Equity Partners III Limited Partnership and CEP III Co-Investment Limited Partnership (collectively "Clairvest") have entered into a share purchase option agreement on June 10, 2009 with Celerity...

    Tags: Clairvest Group Inc.

  • Clairvest Reports Fiscal 2009 Third Quarter Results

    - 2009-02-12

    Clairvest Group Inc. (TSX: CVG) today reported results for the quarter ended December 31, 2008. All figures are in Canadian dollars unless otherwise stated. Clairvest's book value decreased 0.2% during the quarter to $281.6 million, or $17.65 per share, compared with $17.69 per share at September 30, 2008. The...

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  • Clairvest Reports Fiscal 2009 Second Quarter Results

    - 2008-11-13

    Clairvest Group Inc. (TSX: CVG) today reported results for the quarter ended September 30, 2008. All figures are in Canadian dollars unless otherwise stated. Clairvest's book value increased 0.9% during the quarter to $282.1 million, or $17.69 per share, compared with $17.53 per share at June 30, 2008. The...

    Tags: Clairvest Group Inc.

  • Clairvest Reports Fiscal 2009 First Quarter Results

    - 2008-08-13

    Clairvest Group Inc. (TSX: CVG) today reported results for the quarter ended June 30, 2008. All figures are in Canadian dollars unless otherwise stated. Clairvest's book value at June 30, 2008 was $279.5 million compared to $270.8 million at March 31, 2008. The increase in book value is due...

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Decision Makers

Name (plus bio) Position
B. Jerrery Parr Co-CEO
Cameron Williamson Cfo & Secretary
Lana Reiken CFO & Secretary
Kamal Pastakia Vice President
Michael Castellarin Vice President
Mitchell S. Green Vice President
David Sturdee Managing Director
Michael A. Wagman Managing Director
Daniel Cheng
Heather G. Crawford General Counsel
Mitch Green Principal
Risa Goldberg Associate
Ryan Feldman Associate
Steve Frenkiel Associate
Ken Rotman Director

Board of Directors

Name (plus bio) Position
Joseph J. Heffernan Chair of Board
G. John Krediet Board of Directors
Gerald R. Heffernan Board of Directors
Isadore Sharp Board of Directors
John Fisher Board of Directors
Joseph L. Rotman Board of Directors
Lionel H. Schipper Board of Directors
Nicola McIsaac Board of Directors
Philip S. Orsino Board of Directors
Sydney C. Cooper Board of Directors

Jeffrey Parr, a Chartered Accountant, is Co-CEO and Managing Director of Clairvest Group Inc., a publicly traded merchant bank that provides equity capital to established businesses with the potential to produce superior returns. He has been active as a senior executive in the financial services industry since 1985. Mr. Parr also serves as an active director of several companies, including Consolidated Vendors Corporation, Signature Security Group, and Datamark Group Inc., a Canadian market leader in the business document industry.

Organization Position Status
Clairvest Group Inc. Co-CEO Current
Clairvest Group Inc. Managing Director Current
Gateway Casinos Income Fund Trustee, Toronto, Ontario Current
Clairvest Group Inc. Board of Directors Current
Gateway Casinos Income Fund Board of Directors Current
N-Brook Mortgage Group Inc Board of Directors Current
Consolidated Vendors Corp. Director Current
Komunik Datamark Chairman Former
Consoltex Holdings, Inc. Board of Directors Former
Komunik Datamark Board of Directors Former
Gateway Casinos Board of Directors Former
The University of Western Ontario Former

Organization Position Status
Clairvest Group Inc. Cfo & Secretary Current

Organization Position Status
Clairvest Group Inc. CFO & Secretary Current
Clairvest Group Inc. Vice President, Special Projects Former

Organization Position Status
Clairvest Group Inc. Vice President Current

Organization Position Status
Komunik Datamark Vice President Current
Clairvest Group Inc. Vice President Current
Clairvest Group Inc. Principal Current
Komunik Datamark Board of Directors Former

Organization Position Status
Clairvest Group Inc. Vice President Current

Organization Position Status
Clairvest Group Inc. Managing Director Current
Landauer Metropolitan, Inc. Board of Directors Current
N-Brook Mortgage Group Inc Board of Directors Current
Big Brothers, Inc. Board of Directors Current
Integral Orthopedics Inc Board of Directors Former
University of Toronto PH.D. In Philosophy Former
Simon Fraser University M.A. In Philosophy Former

Organization Position Status
Clairvest Group Inc. Managing Director Current
Kubra Board of Directors Current
Clairvest Group Inc. Board of Directors Current
BMO Nesbitt Burns Inc. Former

Daniel joined Clairvest in 2005 and was promoted to CFO in 2009. His main responsibilities involve public and limited partnership financial reporting, tax planning, structuring and treasury operations. Prior to joining Clairvest, Daniel held various positions at Deloitte & Touche LLP, where he was exposed to a wide variety of financial and tax issues. Daniel graduated with a Master of Accounting (MAcc) from the University of Waterloo and is a CA and a CFA charterholder.

Organization Position Status
Clairvest Group Inc. Current

Organization Position Status
Clairvest Group Inc. General Counsel Current
Clairvest Group Inc. Board of Directors Current
Osgoode Hall Law School Prof Former
University of Cambridge Ll.M. Former
Simon Fraser University B.A. Former

Since Mitch joined Clairvest in 2002 his responsibilities have focused on domain research and investment origination, structuring and execution. He had worked previously in leveraged finance for BNP Capital Markets and in corporate finance for Bank of America after beginning his career in operations management at Bloomingdale's flagship store. Mitch earned his M.B.A. with Distinction from the University of Michigan Business School and a B.S. with Honors from Cornell University. He serves on the board of directors of KUBRA. Mitch previously served on the board of directors of Shepell-fgi and Signature Security Group, former Clairvest portfolio companies.

Organization Position Status
Clairvest Group Inc. Principal Current
Kubra Board of Directors Current
University of Michigan Business School M.B.A. Former

Risa joined Clairvest in 2008 and participates in all areas of the investment process. Prior to joining Clairvest, Risa worked as a consultant at Millennium Research Group, where she conducted strategic advisory and market research for companies in the medical technology industry, and as an investment banker at a major Canadian dealer. Risa earned an MBA from University of Toronto, a BScH in Biology from Queen's University. Risa is completing the work experience requirements for the CFA program, having passed all 3 exams.

Organization Position Status
Clairvest Group Inc. Associate Current
Millennium Research Group Consultant Former
University of Toronto MBA Former

Ryan joined Clairvest in 2008 and participates in all areas of the investment process. Prior to joining Clairvest, he worked at Deloitte & Touche Corporate Finance Canada Inc. advising clients on acquisitions, divestitures and financing mandates across various industry sectors and at Ernst & Young working in the financial institutions practice. Ryan is a qualified chartered accountant and earned an HBA from the Richard Ivey School of Business. He currently serves on the board of directors of KUBRA.

Organization Position Status
Clairvest Group Inc. Associate Current
Kubra Board of Directors Current

Steve joined Clairvest in 2007 and participates in all areas of the investment process. Prior to joining Clairvest, Steve worked as a management consultant for Deloitte Consulting advising companies in the manufacturing, technology and financial services industries, and as an investment analyst at a multi-strategy investment firm in New York City. Steve earned an MBA from Harvard Business School and a B.Eng. with Distinction in Electrical Engineering from McGill University. Steve serves on the board of directors of Lyophilization Services of New England.

Organization Position Status
Clairvest Group Inc. Associate Current
Deloitte Consulting Llp Management Consultant Former
McGill University B.Eng. Former

Joseph J. Heffernan has been a director of Gerdau Ameristeel since 1996. He was non-executive Vice-Chairman of Gerdau Ameristeel (when it was Co-Steel Inc.) from 1999 until October 2002. Mr. Heffernan is a director of the following Canadian public companies: Rothmans Inc. and Clairvest Group Inc. and serves as Chairman of both companies.

Organization Position Status
Clairvest Group Inc. Chair of Board Current
Gerdau AmeriSteel Corporation Board of Directors Current

Organization Position Status
Clairvest Group Inc. Board of Directors Current

Organization Position Status
Clairvest Group Inc. Board of Directors Current

Organization Position Status
Clairvest Group Inc. Board of Directors Current

John Fisher is the visionary who drives the creation and articulation of the technology vision for the company and specializes in providing strategic advisory services to our customers. The Office of the Chairman and CTO at DMTI is a vital link between evolving market needs and the technical direction of the company. John is a co-founder of DMTI Spatial and has over 24 years of experience in the geospatial industry, starting his career at the Ontario Ministry of Health, Emergency Health Services, where he initiated the digital mapping program for Ontario ambulances. Prior to co-founding DMTI Spatial in 1994, John was President and co-owner of DigiMap Data Services, a Toronto Geographic Information Systems consulting firm. John's prior experience includes management of the GIS Division at Marshall Macklin Monaghan, a large Canadian-based international consulting engineering firm, and at the Ontario Cabinet Secretariat, where he had a leadership role in the development of the provincial government's strategic planning policy for information technology. John holds a Masters of Business Administration (MBA) from the University of Western Ontario and a Bachelor of Science from the University of Toronto.

Organization Position Status
Dmti Spatial Inc. Chairman & Chief Technology Officer Current
Bridgeport Corporation Founder Current
Directions Magazine Current
Clairvest Group Inc. Board of Directors Current
Integral Orthopedics Inc Director Current
Groove Games Limited Director Current
Clairvest Group Inc. Managing Director Former
Dmti Spatial Inc. Co-Founder Former
The University of Western Ontario Masters of Business Administration Former
University of Toronto Masters of Business Administration Former
Northwestern University Master of Business Administration Former
University of Toronto Bachelor of Science Former

Organization Position Status
Clairvest Group Inc. Board of Directors Current

Organization Position Status
Wellington Financial LP Chairman Current
Landauer Metropolitan, Inc. Director Current
Van-Rob Inc Board of Directors Current
Winters Brothers Waste Systems, Inc Director Current
Clairvest Group Inc. Director Current
Formation Nexient Inc. Director Current
Integral Orthopedics Inc Co-C.E.O Former
Voxcom Board of Directors Former
Signature Security Board of Directors Former
Consoltex Holdings, Inc. Board of Directors Former
Integral Orthopedics Inc Board of Directors Former
New York University M.B.A. Former
The London School of Economics M.Sc. Former
Tufts University B.A. Former

Organization Position Status
Clairvest Group Inc. Board of Directors Current
R.R. Donnelley & Sons Co. Board of Directors Former

Organization Position Status
Clairvest Group Inc. Board of Directors Current

Organization Position Status
Clairvest Group Inc. Board of Directors Current

Organization Position Status
Clairvest Group Inc. Board of Directors Current

Executive News

  • Clairvest Acquires Position in Leading IT Hosting Provider

    Reuters - 8/25/09 - View Story

  • Clairvest Group earns $662,000 in Q1

    Stockwatch - 8/13/09 - View Story

  • Clairvest Reports Fiscal 2010 First Quarter Results Highlights - June 30, 2009 book value per share of $17.83 versus $17.89 at March 31, 2009. Cash or near cash represents 63% of the June 30, 2009 book value, or $11.23 per share - Net income of $0.6 mi

    Quote.com Canada - 8/13/09 - View Story

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CVG $11.48 -0.06 (-0.52% )
Volume 310,161
Shares Outstanding 122.9M
Market Cap 1.4B
Year High 11.97
Year Low 4.37
Earnings Per Share -1.21
P/E Ratio N/A
Dividend 0.00
Yield 0.00
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