Clairvest Group Inc. (CVTGF)
Clairvest Group Inc. operates in the Asset Management industry of the Financial Services sector, headquartered in Toronto, ON, CA. The stock last traded at $49.00, up 0.00% on the session, giving a market capitalisation of $655.8M. On trailing twelve-month figures it carries a trailing P/E of 10.43, a net margin of 57.9%. Its beta of -0.37 implies it has historically moved less than the broad market.
Clairvest Group Inc., a private equity firm established in Toronto, Canada, in 1987, targets mid-market investment opportunities. The firm provides growth equity, capital for buyouts, and funding for industry consolidation and add-on acquisitions, focusing primarily on companies located in North America, including the United States and Canada. Clairvest's investment strategy spans a vast array of sectors, encompassing diverse fields such as gaming and casinos, healthcare, equipment rental, waste management, business services, aerospace, food and beverage, defense, IT services, logistics, renewable energy, and numerous others. It typically invests its proprietary capital, committing between CAD$25 million (approximately US$19.53 million) and CAD$100 million (approximately US$78.14 million) in equity to portfolio companies. Target companies usually have an EBITDA ranging from CAD$5 million (approximately US$3.81 million) to CAD$50 million (approximately US$39.07 million). Clairvest maintains flexibility in its ownership approach, accepting both controlling and minority stakes, and consistently seeks board representation within its invested companies. The firm also participates in co-investment ventures. Typical exit routes for their investments include initial public offerings, strategic sales to corporate buyers, or divestitures to other financial entities.
Clairvest Group Inc. is most often compared with the following Financial Services names: