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Argosy Partners
Raising a new fund | Argosy Partners was founded by Jim Ambrose and Rich Reid.
Argosy Partners
Raising a new fund | Argosy Partners was founded by Jim Ambrose and Rich Reid. Jim developed a method of completing low risk shotgun transactions within several days. He also developed ways of finding shotgun transactions from lawyers within days of execution.
General information
Firm type
Private Equity
Year founded
—
AUM
Undisclosed
Location
Region
North America
Country
Canada
City
Toronto
Corporate office
150 King Street West, Suite 200, Toronto, Ontario, Canada, M5H 1J9
Principals
Larry Klar
Partner
Richard Reid
Partner
Sector focus
Frequently asked questions
What are The Shotgun Fund and The Succession Fund?
They are Argosy Partners' two principal private equity funds. The Shotgun Fund supplies equity to resolve shareholder deadlocks by purchasing a departing partner's stake, allowing the business to continue operations. The Succession Fund provides capital for management buyouts, recapitalizations, and growth investments in founder-led small and medium-sized businesses.
How long does Argosy typically hold a portfolio company?
Argosy does not follow a rigid hold period. Several portfolio-company CEOs describe board tenures of ten, eighteen, and twenty years, indicating a willingness to stay invested significantly longer than a standard institutional private equity fund life.
Who runs investment decisions at Argosy Partners?
Partners Larry Klar and Richard Reid are the named principals and the primary points of contact on the firm's website. Their emails are listed publicly as the direct conduits for new situations, suggesting a flat, partner-led decision-making structure.
Does Argosy Partners raise capital from outside investors?
Yes. The firm states it combines its own capital with that of successful entrepreneurs and institutional investors, indicating a pooled fund structure rather than a single-family balance sheet.
What deal size or revenue range does Argosy target?
Argosy does not publish a target revenue or EBITDA band. The firm describes its focus as small and medium-sized Canadian businesses facing difficult ownership or capital-structure situations, suggesting a flexible approach to check size rather than a strict mandate floor or ceiling.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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