Private Equity Firm Financial Services

TorQuest Partners

Toronto, Ontario, Canada

Canadian-based manager of private equity funds investing in middle-market and later-stage companies, with a focus on identifying and building value through acquisitions, strategic leadership, and the use of financial expertise.

Focus Areas
Private Equity
Website
torquest.com

Tracked deals

13

13 tracked deals across 2019-2026.

Recent pace

1

1 tracked deal announced in the last 12 months.

Deal mix

Buyout

9 buyout · 2 growth capital · 1 divestiture

TorQuest Partners Acquisition Volume by Year

Last 8 years

Acquisition volume by year Annual acquisition counts for the last 8 years for TorQuest Partners. 2 2019 2 2020 2 2021 2 2022 1 2023 1 2024 2 2025 ~1 est. 1 2026
Actual Full-year estimate

Supporting Data

Recent Transactions

Showing the 12 most recent of 13 tracked deals for TorQuest Partners.

  • Buyer
    Bad Boy Mowers, The Sterling Group, TorQuest Partners
    Target
    Excel Industries
    Seller
    Stanley Black & Decker
    Industry
    Manufacturing
    Type
    Buyout

    Bad Boy Mowers agreed to acquire Excel Industries, maker of Hustler-branded commercial and residential ride-on and zero-turn mowers, from Stanley Black & Decker. The transaction is subject to regulatory approval and customary closing conditions; financial terms were not disclosed.

  • Buyer
    TorQuest Partners
    Target
    Waste Solutions Canada Inc.
    Location
    Ontario, Canada

    TorQuest Partners has completed a growth investment in Waste Solutions Canada, a tech-enabled managed service provider for waste and recycling headquartered in London, Ontario. The company's co-founders retain substantial ownership and management will remain in place as TorQuest partners with the team to scale the platform organically and via add-on acquisitions.

  • Buyer
    TorQuest Partners (funds managed by TorQuest)
    Target
    GlassRatner Advisory & Capital Group, LLC (dba B. Riley Advisory Services)
    Seller
    B. Riley Financial, Inc.
    Industry
    Consulting

    Funds managed by TorQuest Partners purchased GlassRatner (B. Riley’s advisory services business) from B. Riley Financial for $117.8 million. B. Riley expects to record a gain of approximately $66 million on the sale; TorQuest plans to invest in GlassRatner as a platform to support growth and expand its advisory capabilities.

  • Buyer
    TorQuest Partners
    Target
    Mevotech L.P.
    Seller
    Funds managed by Penfund Management Limited
    Industry
    Manufacturing
    Location
    Ontario, Canada
    Type
    Buyout

    TorQuest Partners has acquired Mevotech L.P., a Toronto-headquartered maker of driveline, steering and suspension parts for the North American auto aftermarket, from funds managed by Penfund Management Limited. Ezer Mevorach will remain CEO and the terms were not disclosed; the deal is TorQuest’s first investment from Fund VI and is intended to support Mevotech’s next phase of growth.

  • Buyer
    TorQuest Partners
    Target
    Brimich Logistics
    Seller
    Fergus family
    Location
    Ontario, Canada

    TorQuest Partners has completed an investment in Brimich Logistics, a family-owned third-party logistics and supply chain management provider based in Brantford, Ontario. The Fergus family will remain significant shareholders as TorQuest partners with management to expand Brimich's capacity and capabilities in Southern Ontario.

  • Buyer
    Cornell Capital LLC, TorQuest Partners
    Target
    S.i. Systems ULC
    Seller
    Quad‑C Management
    Industry
    Staffing & HR
    Location
    Alberta, Canada
    Type
    Buyout

    Cornell Capital and TorQuest Partners have completed an investment to acquire S.i. Systems, one of Canada’s largest IT staffing firms, from Quad‑C Management. The transaction will keep S.i. Systems headquartered in Calgary and support the company's growth plan to expand its IT staffing capabilities and geographic footprint across Canada and into the U.S.

  • Buyer
    TorQuest Partners (continuation vehicle), Hamilton Lane (accounts managed), Consortium of institutional investors (including TorQuest IV limited partners)
    Target
    Can Art Aluminum Extrusion (Can Art Aluminum Extrusion Canada Inc.)
    Seller
    TorQuest Partners Fund IV, Other shareholders
    Industry
    Manufacturing
    Location
    Ontario, Canada

    A TorQuest-managed continuation vehicle acquired a controlling interest in Can Art Aluminum Extrusion from TorQuest Partners Fund IV and other shareholders, with the transaction led by accounts managed by Hamilton Lane and supported by a consortium of institutional investors. The deal provides liquidity to existing investors while financing Can Art's next stage of growth, leaving the current management team in place.

  • Buyer
    TorQuest Partners
    Target
    North West Rubber Ltd.
    Seller
    Krystal Growth Partners
    Industry
    Manufacturing
    Location
    British Columbia, Canada
    Type
    Buyout

    TorQuest Partners has completed the acquisition of North West Rubber Ltd. (NWR) from Krystal Growth Partners. NWR, founded in 1968 and headquartered in Abbotsford, British Columbia, is a manufacturer and distributor of recycled and virgin rubber matting and flooring products with over 220 employees and manufacturing facilities in Abbotsford, Brantford and Houston; NWR's management will remain significant investors as TorQuest supports the company's next phase of growth.

  • Buyer
    TorQuest Partners
    Target
    Onyx-Fire Protection Services Inc.
    Location
    Ontario, Canada
    Type
    Buyout

    TorQuest Partners completed a controlling equity investment in Onyx-Fire Protection Services Inc., partnering with Onyx management to accelerate growth and support an acquisition program. Onyx, headquartered in Mississauga, Ontario, provides fire and sprinkler inspection, maintenance, repair and installation services to more than 7,000 customers across Ontario and employs over 300 people; Bryan Chew was named CEO as part of the partnership.

  • Buyer
    TorQuest Partners, The Investment Management Corporation of Ontario (IMCO), OPTrust
    Target
    VersaCold Logistics Services
    Seller
    KingSett Capital, Ivanhoé Cambridge
    Location
    Ontario, Canada
    Type
    Buyout

    TorQuest Partners, together with co-investors The Investment Management Corporation of Ontario (IMCO) and OPTrust, completed the acquisition of VersaCold Logistics Services from KingSett Capital and Ivanhoé Cambridge. VersaCold's management (led by Mike Arcamone as CEO) rolled equity and will continue to operate the business as the new investors support growth of the company's temperature‑controlled warehousing and food logistics network in Canada.

  • Buyer
    TorQuest Partners, Caisse de dépôt et placement du Québec
    Target
    Barrette Outdoor Living Inc.
    Seller
    Les Entreprises Barrette Ltée
    Type
    Buyout

    TorQuest Partners and Caisse de dépôt et placement du Québec (CDPQ) announced a majority investment in Barrette Outdoor Living Inc., North America’s leading manufacturer of vinyl, aluminum and steel fence and railing, composite decking, and other outdoor products. Les Entreprises Barrette Ltée will retain a significant minority stake and the company's management team, led by CEO Jean desAutels, will remain in place; terms were not disclosed. The investors said the capital will support the company’s next phase of growth and geographic expansion across North America.

  • Buyer
    TorQuest Partners
    Target
    Joriki Inc.
    Industry
    Food & Beverage
    Location
    Ontario, Canada
    Type
    Buyout

    TorQuest Partners has made a platform investment in Joriki Inc., a Canadian contract manufacturer of beverages and select food products, to support the company's next phase of growth. Terms were not disclosed; Joriki operates three Canadian manufacturing facilities (Scarborough and Pickering, Ontario; Delta, British Columbia) with more than 200 employees and capabilities including hot-fill, cold-fill and aseptic PET/carton lines.

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