Growth and Transition Capital

Growth and Transition Capital

Founded and headquartered in Montreal, Quebec, Growth and Transition Capital provides capital to Canadian owner-managed businesses navigating growth or transition events. The firm targets situations where business owners seek partial liquidity for succession or expansion, without ceding day-to-day control. Its mandate covers small- and mid-market companies across Quebec and broader Canada. The firm's strategy centers on structured minority investments — including preferred equity, convertible notes, and mezzanine financing — alongside minority equity stakes. Sector focus includes manufacturing, distribution, business services, and industrial niches. Deal sizes typically range from $5 million to $30 million per transaction. Portfolio companies include firms such as Interturbine Group, a Quebec-based aerospace component repair provider, and an unnamed niche manufacturer in the building products space, 2022). Growth and Transition Capital operates as a relatively lean team based out of Montreal. No additional offices or affiliated vehicles have been publicly identified. The firm functions as a standalone investment vehicle, not as a registered investment advisor or multi-family office. No team size, founding year, or named principals have been disclosed in public sources — a deliberate opacity that is common among smaller Canadian family-office-attached capital providers. A structural differentiator is its focus on the twilight zone between succession and growth: the firm explicitly designs minority investments that preserve incumbent management's operational autonomy, while providing the liquidity event that owners typically only get through a full sale. This positions it alongside players like Foundation Equity, BDC Capital's Growth & Transition Capital group, and Caisse de dépôt's specialized transition funds — but without the scale, regulatory baggage, or captive LP base.