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.
Co-CEO
B. Jerrery ParrNumber of Employees 19
Contact Information
22 St Clair Avenue East Suite 1700
Toronto, Ontario M4T 2S3
(416) 925-9270
Peer Companies
NAICS Code Commercial Banking: 522110
Recent Events
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Clairvest Group Q2 Profit Rises - Quick Facts
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Clairvest Reports Fiscal 2010 Second Quarter Results
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Clairvest Group earns $662,000 in Q1
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Clairvest Reports Fiscal 2010 First Quarter Results Highlights - June 30, 2009 book value per...
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BRIEF-Clairvest names Daniel Cheng as CFO
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Clairvest Announces Appointment of Daniel Cheng as CFO
News & Analysis
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clairvest group inc. - All News and Analysis
Convergys Corporation Q3 2009 Earnings Call Transcript
Question-and-Answer SessionOperator Thank you. And this time, we're ready for the question-and-answer session. Operator instructions. Our first question, Kevin McVeigh with Credit Suisse. Your line is open. Kevin McVeigh – Credit Suisse Great, thank you. Hi, nice job in the quarter, and obviously a pretty tough environment. I wanted...
Clairvest Reports Fiscal 2010 First Quarter Results
Clairvest Group Inc. (TSX: CVG) today reported results for the quarter ended June 30, 2009. All figures are in Canadian dollars unless otherwise stated. Clairvest's book value per share for the quarter decreased slightly to $17.83 per share, compared with $17.89 per share at March 31, 2009....
Clairvest Announcement
Clairvest Group Inc. (TSX: CVG) today announced that Clairvest Equity Partners III Limited Partnership and CEP III Co-Investment Limited Partnership (collectively "Clairvest") have arranged to amend the share purchase option agreement previously announced and entered into on June 10, 2009 with Celerity Partners SBIC, L.P. to reflect a...
Clairvest Reports Fiscal 2009 Fourth Quarter and Year-End Results
Clairvest Group Inc. (TSX: CVG) today reported results for the quarter and year ended March 31, 2009. All figures are in Canadian dollars unless otherwise stated. Clairvest's book value increased during the year to $285.4 million from $270.8 million at March 31, 2008, after the payment of...
CORRECTION FROM SOURCE: Clairvest Reports Fiscal 2009 Fourth Quarter and Year-End Results
Clairvest Group Inc. (TSX: CVG) today reported results for the quarter and year ended March 31, 2009. All figures are in Canadian dollars unless otherwise stated. Clairvest's book value increased during the year to $285.4 million from $270.8 million at March 31, 2008, after the payment of...
Clairvest Announcement
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...
Clairvest Announcement.
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...
Clairvest Reports Fiscal 2009 Third Quarter Results
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...
Clairvest Reports Fiscal 2009 Second Quarter Results
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...
Clairvest Reports Fiscal 2009 First Quarter Results
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...
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
-
Clairvest Group earns $662,000 in Q1
-
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
| 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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