TerraNova Partners LP is a multi-disciplined and diversified investment fund focused primarily on private equity investments.
who we are
TerraNova Partners takes a longer-term hands-on approach to investing in private operating companies at various stages of development where we can add value and partner with a motivated and committed management team. We make private equity investments through our fund (all partner-capital), and where it makes sense will bring in co-investors into our investments. TerraNova is headquartered in Toronto, Canada and has an office in New York City.
Our Investment Philosophy
TerraNova Partners firmly believes that the success of a company is driven by the strength of the management team and the people within the organization. This primary characteristic sets apart a great company from merely a good company and it is the foundation of our investment philosophy.
TerraNova excels by investing in companies with strong growth prospects and unique investment opportunities (organic and acquisition). We need to see a real advantage held by a company in its chosen industry and we must also be convinced that the management team, with our support and capital investment, will accelerate their business plan.
TerraNova, through its principals, Entrepreneurs-in-Residence and other partners, also brings added management support to its portfolio companies, enabling them to better manage operations and accelerate organic and acquisitive growth.
Our Investment Criteria
TerraNova will invest growth capital into companies’ treasuries or by way of a full or partial buy-out. We are control investors, whereby we (along with any financial partners) will hold the majority of the equity of our portfolio companies, supporting management teams (who will all be shareholders). We invest across industries, where in particular we look at business services, food and consumer products manufacturing and distribution, and financial services, and we often support intergenerational transfers of ownership. We look for businesses that have the ability to use operational leverage to scale and accelerate growth, and prefer companies that are users (vs. creators) of technology. We do not invest in real estate, retail, biotech or resource companies, and we generally do not look at start-ups.