Our Approach
302 Capital Partners was established by two dedicated entrepreneurs to acquire, operate, and accelerate growth on a long-term basis. We are supported by a number of talented entrepreneurs and world-class investors with deep experience investing in, growing, and operating successful companies.
We work with you to create a flexible exit plan that will allow you to achieve your short and long-term goals; whether you want to stay involved in the business, achieve a full exit, or transition over time, we will establish a succession plan that works for you.
Unlike many institutional capital providers, such as private equity, we are focused on preserving and sustainably growing your company’s legacy. Our priority is to stimulate growth while ensuring continuity for your employees, customers, stakeholders, and the brand you have built.
If you would like to learn more about us, chat about your exit strategy or your business in general, please reach out.
Our Difference
Company Legacy: company values and legacy are often not a priority in private equity transactions, or when absorbed into a larger organization. We preserve and grow your legacy.
Commitment: rather than being one of several passively managed portfolio companies or business units, we will take full-time operational roles and ensure the business & legacy are properly transitioned.
Growth Strategy: our value creation strategy is focused on sustainable growth and stewardship and will not be centered around financial engineering, synergies or significant cost cutting.
Time Horizon: we are focused on being long term operators. Our investment period is not defined by the life of a fund and we have flexibility in how capital is returned to investors.
Our Areas of Focus
Industrial Distribution & Service Platform
Creating a platform of industrial distribution & service companies focused on rotating & process equipment
Pumps, compressors, blowers, electric motors, controls, valves, mechanical seals, among others
Current Investments: Canadian Industrial Pumps
Commercial & Residential HVAC/Refrigeration Platform
Creating a platform of commercial & residential HVAC + refrigeration companies focused on the full spectrum including service, maintenance, design & build, commercial construction, and residential retrofits
Current Investments:
We are actively pursuing investments & acquisition opportunities in each of these platforms
Our Team
Mitch Allen
Currently President at Foster Heating & Cooling and Westisle Mechanical Services.
Prior to founding 302 Capital Partners, Mitch established a successful career in finance and private equity where he helped build and grow the legacies of small to medium enterprises across North America. Mitch has a breadth of experience working with small business owners on ownership transition, identifying new avenues for growth and helping execute on corporate development initiatives.
Prior to launching his career in finance, Mitch founded, operated and ultimately transitioned a residential home services company. Mitch then began his career in investment banking at TD Securities where he was involved in large transactions and corporate strategy development. Mitch later joined TriWest Capital Partners where he was actively engaged with management teams on an operational level as well as being a board observer with five portfolio companies.
Mitch received his Bachelor of Commerce degree at the University of Alberta and is a CFA Charterholder. Outside of his professional life, Mitch is an avid athlete (mainly hockey, golf, snowboarding, running and cycling), musician, and outdoor enthusiast.
Email: mitch@302capitalpartners.com
Troy Minogue
Currently President at Canadian Industrial Pumps.
Born and raised into a family of small business owners, Troy grew up learning how successful businesses should be run by watching his grandmother, mother, and father grow and scale a light manufacturing business and a dance company. Troy spent much of his youth assisting with the management of these family businesses. He later parlayed his family business experience into an entrepreneurial endeavor of his own and started a lawn care and landscaping business.
In his professional career, Troy has developed finance and operating experience with small and large businesses. Troy started his career in investment banking at TD Securities and later joined Grafton Asset Management. At Grafton, Troy gained experience in investment origination and evaluation along with operations and business management expertise. He currently volunteers as Treasurer on the Board of Directors of the Alberta Freestyle Skiing Association.
Troy received his Bachelor of Commerce degree at the University of Alberta and is a CFA Charterholder. Outside of his professional life, Troy is an avid adventurist (rock climbing, fishing and camping) and athlete (skiing, running and cycling).
Email: troy@302capitalpartners.com
Our Partners
302 Capital Partners is supported by a number of world-class investors with deep experience investing in, growing, and operating successful companies. Our investor group and advisory team was structured to ensure a smooth transition of the business we acquire, add operational value as we execute on sustainable growth initiatives and act as a sounding board to help promote ongoing success and out-performance.
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