Sage Capital Partners

Investment decisions are made by Managing Partners Jonathan Piurko and Glen Silvestri, who jointly lead the firm from its Toronto headquarters. Both are listed as the primary contacts for the firm, with no separate investment committee disclosed publicly. Their roles encompass sourcing, diligence, and post-acquisition mentorship of the CEOs they back.

Sage sources deals through a two-sided funnel: it backs entrepreneurs conducting dedicated searches for Canadian-based lower-mid-market companies, and it also markets directly to retiring business owners exploring succession planning. The search-fund model means the searcher does the on-the-ground sourcing, while Sage provides the capital and strategic guidance to close the acquisition.

Sage makes direct investments into search funds and the businesses those searchers acquire. It is not structured as a fund-of-funds and does not publicly indicate it makes LP commitments to other private equity vehicles. Its capital goes directly to funding the search phase and the subsequent acquisition of a target company.