Frontenac Recapitalizes Bill Gosling Outsourcing

March 26, 2026

Chicago-based private equity firm Frontenac announced the recapitalization of Bill Gosling Outsourcing, a Barrie, Ontario-headquartered business process outsourcing (BPO) platform focused on accounts receivable management, customer experience, and other back-office services for enterprise clients. The company’s board member Dave Rae will remain on the board post-close, and Vipul Khanna will assume the CEO role at Bill Gosling after the transaction closes; financial terms were not disclosed.

Targets
Bill Gosling Outsourcing
Sellers
Owner Resource Group (ORG) affiliates (majority ownership seller), Bill Gosling family/board member Dave Rae (implied legacy, not an explicit seller)
Platforms
Bill Gosling Outsourcing
Industry
IT Services
Location
Ontario, Canada
Transaction Type
Recapitalization

Explore More

Build a buyer list for your deal

Find active buyers from recent acquisition patterns and move straight into outreach.